Bursa Malaysia on cautious trading mode next week

By Zarul Effendi Razali KUALA LUMPUR, Sept 9 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, is expected to continue to trade in cautious mode next week with investors concerned about the bearish economic outlook, said a trader.  Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said local…

Malaysian ringgit to hover around current level next week

By Siti Noor Afera Abu KUALA LUMPUR, Sept 9 (NNN-Bernama) — The Malaysian ringgit is likely to stay at the current level against the US dollar, at 4.66 to 4.68, as monetary policy action will continue to take centre stage with a US Federal Reserve (Fed) meeting next week. Bank Muamalat…

Sinopec to submit RFP for new refinery, says Sri Lankan minister

NEW DELHI, Sept 3 (NNN-Bernama) — Chinese petroleum company Sinopec will submit a request for proposal (RFP) document to set up a new refinery in Sri Lanka’s south, said Power and Energy Minister Kanchana Wijesekera on Sunday. The Sri Lankan minister said this after a meeting with Sinopec officials in…

Malaysian PM Anwar congratulates Tharman on being elected Singapore’s new president

KUALA LUMPUR, Sept 3 (NNN-Bernama) — Malaysian Prime Minister Anwar Ibrahim has congratulated Singapore’s former senior minister Tharman Shanmugaratnam over his victory in the island republic’s presidential election on Friday.  He also prayed that bilateral relations and cooperation between Malaysia and Singapore remain intact in a family spirit that will benefit…

Are ‘bucket list travel destinations’ around the world suffering from ‘over-tourism’?

(Quiz master Phanindra Ivatury, an Indian national now residing in the Netherlands, shares his thoughts and experience on over-tourism at bucket list travel destinations) UTRECHT, (The Netherlands), Sept 3 (NNN-Bernama) — On a scorching July afternoon this year I landed in the city of Rome, essaying the role of a tour guide to…

India competition panel approves merger of Vistara Airline with Air India

NEW DELHI, Sept 2 (NNN-Bernama) — India’s fair competition panel has approved the merger of Vistara airline with Air India. The merger creates a larger Tata Group airline to take on domestic market leader IndiGo. Vistara is the brand name of Tata SIA Airlines Limited, which is 49 per cent…

BTS song lyrics provide a lifeline for mental health advocacy

By Nabilah Saleh KUALA LUMPUR, Sept 2 (NNN-Bernama) — K-Pop group BTS has not only won the hearts of legions of fans though their songs and showmanship, but they have also contributed to mental health advocacy.  While many of their fans may be oblivious to this fact, research papers presented by scholars during the recently-concluded Fourth BTS Global…

Malaysian ringgit likely in range-bound trading next week

By Anas Abu Hassan KUALA LUMPUR, Sept 2 (NNN-Bernama) — The Malaysian ringgit is expected to trade range-bound with a downward bias against the US dollar next week as the greenback may gain support surrounding global economic uncertainties, an analyst said. Bank Muamalat Malaysia Bhd chief economist and social finance…

Bursa Malaysia seen to continue upward momentum next week

By Durratul Ain Ahmad Fuad KUALA LUMPUR, Sept 2 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, is expected to continue its positive momentum next week although there might be some profit-taking activities, said a trader.  Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said he was cautiously optimistic given…

Musang King durian’s popularity helps promote Malaysian food, cultures in China

From Nurhafizah Tan BEIJING, Sept 2 (NNN-Bernama) — The popularity of Musang King durian will help promote various Malaysian dishes and cultures to the people of China. Malaysian Chamber of Commerce and Industry in China (MayCham) chairman Loh Wee Keng said the three-day Rasa Malaysia Festival, which began Friday, features nasi lemak, sate, Ipoh curry mee,…