Malaysian ringgit likely to see cautious trading next week

KUALA LUMPUR, July 8 (NNN-Bernama) — The Malaysian ringgit is expected to continue trading cautiously next week as investors remain wary of the global economic outlook. SPI Asset Management managing director Stephen Innes told Bernama that the local currency is expected to trade in a tight range between 4.65 and…

Bursa Malaysia likely to improve on bargain-hunting next week

By Durratul Ain Ahmad Fuad KUALA LUMPUR, July 8 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, will likely trade better with bargain-hunting activities to take the stage next week amid the cautious mode as investors closely monitor the upcoming US inflation data, speeches from numerous US Federal Reserve (Fed) officials and…

Malaysian FM to visit Kyrgyzstan, Uzbekistan and attend NAM Coordination Bureau meeting in Azerbaijan

PUTRAJAYA (Malaysia), July 2 (NNN-Bernama) — Malaysian Foreign Minister Dr Zambry Abdul Kadir will pay an official visit to Kyrgyzstan and a working visit to Uzbekistan for two days starting Monday. Zambry in a statement on Sunday said he will next go to Baku, Azerbaijan to participate in the Meeting…

Malaysian agriculture minister visits Italy, Hungary to strengthen cooperation

PUTRAJAYA (Malaysia), July 2 (NNN-Bernama) — Malaysian Agriculture and Food Security Minister Mohamad Sabu will visit Rome in Italy and Budapest in Hungary to strengthen cooperation in the agricultural sector from July 2 to July 8. In a statement Sunday, the Ministry of Agriculture and Food Security said Mohamad will attend…

Malaysia’s Fed Govt assets estimated at more than RM1 trillion

JOHOR BAHRU (Malaysia), July 2 (NNN-Bernama) — Malaysia’s Federal Government assets have been valued at more than RM1 trillion (US$214.3 billion) (US$1=RM4.67) so far, said Deputy Finance Minister Ahmad Maslan. He said the figure was based on the Accountant General’s Department and the Property Valuation and Services Department’s (JPPH)  assessment…

Malaysian King extends appreciation to Saudi Gov’t for successfully hosting 2 million Hajj pilgrims

KUALA LUMPUR, July 2 (NNN-Bernama) — The Malaysian King Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has expressed his appreciation to the Saudi Arabian government for its thorough preparations and success in hosting some two million pilgrims for the Hajj season this year.  The compliment was extended during His Majesty’s meeting with Saudi Crown Prince and…

Malaysia demonstrates strong commitment to women’s voice, opportunity in diplomacy

KUALA LUMPUR, June 23 (NNN-Bernama) — Malaysia has demonstrated strong commitments in granting women a voice and equal opportunity to contribute to the nation, especially in the spheres of diplomacy and national governance. Foreign Minister Zambry Abdul Kadir said with the national policy based on Malaysia Madani concept today, more…

Malaysia’s inflation eases to 2.8 pct in May 2023

KUALA LUMPUR, June 23 (NNN-Bernama) — Malaysia’s inflation eased further in May 2023 with the consumer price index (CPI) slowing to 2.8 per cent from 3.3 per cent in the previous month, said the Department of Statistics Malaysia (DoSM). In a statement Friday, it said the easing inflation was mainly contributed by…

Malaysia mulls developing care economy as revenue generating industry

KUALA LUMPUR, June 23 (NNN-Bernama) — It is high time for Malaysia to look into care economy seriously as another revenue-generating industry, said Women, Family and Community Development Minister Nancy Shukri.  She said in order to create the infrastructure (for care economy) her ministry has started informal discussions with several…

Thai Film Fest returns to Malaysia with five renowned movies

KUALA LUMPUR, June 23 (NNN-Bernama) — The Thai Film Festival returns to Malaysia on July 13 to 16 with five renowned films following the two successful events previously hosted by the Royal Thai Embassy in Malaysia in 2017 and 2019. The festival, with the theme “Bridging Thainess to International Audience,” will…