Bursa Malaysia set to rebound next week on bargain hunting – economist

By Durratul Ain Ahmad Fuad KUALA LUMPUR, Oct 14 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, is expected to rebound amid bargain-hunting activities next week driven by improved risk appetite in the market post-Budget 2024. Inter-Pacific Asset Management Bhd chief economist and fund manager Dr Nazri Khan said…

Merdeka Tournament: Malaysia on the prowl for Tajikistan

KUALA LUMPUR, Oct 14 (NNN-Bernama) — After stunning India 4-2 in the opening match of the Merdeka Tournament 2023 Friday night, Malaysia is set to meet Tajikistan in the final on Tuesday. Coach Pan Kim Gon has sounded an early warning that his team stand a good chance to make…

Thailand, Malaysia agree to turn shared border into trade zone

PUTRAJAYA (Malaysia), Oct 11 (NNN-Bernama) — Thailand and Malaysia have agreed to turn the border shared between them into a trade zone, benefitting the people on both sides, said Thai Prime Minister Srettha Thavisin. During a joint press conference with his Malaysian counterpart, Anwar Ibrahim, held on Wednesday here, Srettha,…

Malaysia, Thailand to form task forces to boost trade, investment

PUTRAJAYA (Malaysia), Oct 11 (NNN-Bernama) — Malaysia and Thailand have agreed to form a number of task forces to boost cooperation in agriculture, tourism, security, trade and business, including the halal sector, said Prime Minister Anwar Ibrahim. Anwar, in revealing this during a joint press conference on Wednesday with his…

Malaysia requires strong political will to raise revenue — Moody’s

KUALA LUMPUR, Oct 11 (NNN-Bernama) — Malaysia requires a great degree of political will to raise its revenue, said Moody’s Investors Service. Senior vice-president (sovereign risk group) Christian de Guzman said the overall support for the economy had dwindled over time due to the emphasis on fiscal consolidation in the past.  “What has…

Palestine-Israel conflict: Malaysia advises citizens to postpone travel to affected areas

PUTRAJAYA (Malaysia), Oct 11 (NNN-Bernama) — Malaysia has advised its citizens planning to travel to areas affected by the Palestine-Israel conflict to postpone their plans due to the ongoing security situation arising from the fighting between both sides. “Non-governmental organisations (NGOs) that still intend to travel to the affected areas…

Thai PM Srettha Thavisin arrives in Malaysia for two-day visit

SEPANG (Malaysia), Oct 11 (NNN-Bernama) — Thailand Prime Minister Srettha Thavisin arrived in Malaysia Wednesday to begin his two-day working visit, marking his maiden visit to this neighbouring country after being sworn in as Prime Minister on Sept 5. The special aircraft carrying Srettha and Thailand’s senior officials touched down at the Bunga…

Malaysia-Singapore to boost urban redevelopment efforts

KUALA LUMPUR, Oct 10 (NNN-Bernama) — Malaysia and Singapore are ready to strengthen their bilateral strategic cooperation, including in the urban redevelopment aspect, said Malaysia’s Local Government Development Minister Nga Kor Ming. He said this was decided with Singapore’s Minister for National Development, Desmond Lee Ti-Seng, during his courtesy visit…

Malaysia hopes to pique investors’ interest at GITEX Global 2023

KUALA LUMPUR, Oct 10 (NNN-Bernama) — Malaysia hopes to pique the interest of potential investors, particularly in the digital economy, through its participation in GITEX Global 2023, which will be held from Oct 16 to 20 at the Dubai World Trade Centre in the United Arab Emirates (UAE). Communications and…

Malaysia’s natural rubber production up 9.7 pct in August against July

KUALA LUMPUR, Oct 10 (NNN-Bernama) — Malaysia’s natural rubber (NR) production increased by 9.7 per cent to 31,309 tonnes in August from 28,533 tonnes in July, said the Department of Statistics Malaysia (DOSM). However, NR production fell 16.9 per cent year-on-year compared to 37,666 tonnes in August 2022. Production of…