Japan, ASEAN should work to mainstream AOIP – Ambassador

KUALA LUMPUR, Aug 16 (NNN-Bernama) — Japan is committed to further strengthening its relationship with ASEAN in order to address the shared geopolitical issues facing the world today. The ASEAN Outlook on the Indo Pacific (AOIP) should be mainstreamed with the help of all other ASEAN partners and Japan to maintain and…

Malaysian businessman, two sons charged with causing death of Indian national

PETALING JAYA (Malaysia), Aug 16 (NNN-Bernama) — A Malaysian businessman and his two sons were charged in the Sessions Court here Wednesday with causing the death by negligence of an Indian national whose body was found in a sack. The three men — V. Nanta Kumar, 51, Miren Ram, 24, and Krithik Ram,…

Over 470 buyers from 40 countries to take part in INSP at Malaysia’s Halal Showcase 2023

KUALA LUMPUR, Aug 16 (NNN-Bernama) — More that 470 international buyers from 40 countries will be participating in the flagship International Sourcing Programme (INSP) at the Malaysia International Halal Showcase (MIHAS) 2023. Malaysia External Trade Development Corporation (MATRADE) chief executive officer Mohd Mustafa Abdul Aziz said the higher number of international buyers —…

Bursa Malaysia opens marginally lower

KUALA LUMPUR, Aug 16 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, opened marginally lower on Wednesday due to mild profit-taking in selected heavyweights, in line with the weaker sentiment in the regional bourses, dealers said. At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.87 of-a-point…

Malaysian ringgit extends downtrend vs US dollar

By Rosemarie Khoo Mohd Sani KUALA LUMPUR, Aug 16 (NNN-Bernama) — The Malaysian ringgit extended its downward trend against the US dollar Wednesday morning as the greenback strengthened amidst higher-than-expected United States (US) Retail Sales data on Tuesday, analysts said.  At 9.02 am, the local note eased to 4.6425/6450 against the US dollar from 4.6335/6385…

Thailand’s earth observation programme takes off with THEOS-2 launch

By Linda Khoo Hui Li BANGKOK, Aug 15 (NNN-Bernama) — Thailand’s second satellite system for earth observation, THEOS-2, will be launched from the Guiana Space Centre in Kourou, French Guiana in either late August or early September. Deputy Government Spokesperson Rachada Dhanadirek said assembly and testing of THEOS-2, which is designed and…

Malaysia’s High Court freed ex-PM Muhyiddin of four power abuse charges

KUALA LUMPUR, Aug 15 (NNN-Bernama) — Malaysia’s High Court acquitted and discharged Former Prime Minister Muhyiddin Yassin of four counts of abuse of power involving RM232.5 million (US$50.2 million), here Tuesday. Judge Muhammad Jamil Hussin ruled that the four charges were vague, flawed and unfounded because they did not specify the details of…

Bursa Malaysia opens lower but rebounded thereafter

KUALA LUMPUR, Aug 15 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, opened slightly lower on Tuesday but rebounded thereafter, supported by renewed buying demand in selected financial services counters, dealers said. At 9.33 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 1.16 points to 1,458.16 from 1,457.0 at Monday’s…

Malaysian ringgit lower against US dollar in early trade

By Rosemarie Khoo Mohd Sani KUALA LUMPUR, Aug 15 (NNN-Bernama) — The Malaysian ringgit opened lower versus the US dollar Tuesday on further appreciation of the US dollar Index (DXY) as investors remain wary of the global growth prospect outlook especially in China.  At 9.01 am, the local note declined to 4.6275/6295 against…

Batik Air to fly KUL-ISG route starting October – Malaysian PM

KUALA LUMPUR, Aug 6 (NNN-Bernama) — Batik Air has been selected as an operator for the Kuala-Lumpur – Istanbul Sabiha Gocken International Airport (KUL-ISG) flight route, with flights to commence in October this year, said Malaysian Prime Minister Anwar Ibrahim. In a posting on his Facebook account this morning following his virtual meeting with Turkiye…