Awareness on North Korea’s cyber threat crucial — analysts

KUALA LUMPUR, April 8 (NNN-Bernama) — In February this year, a United Nations (UN) Security Council committee’s report stated that North Korea stole more cryptocurrency assets in 2022 than in any other year, and targetted the networks of foreign aerospace and defence companies. North Korea’s cybercrime spree is nothing new, and an…

Malaysian ringgit to experience technical correction,trading at 4.40-4.41 vs US dollar next week

By Nurunnasihah Ahmad Rashid KUALA LUMPUR, April 8 (NNN-Bernama) — Malaysian ringgit is expected to experience some technical correction in the coming days, trading in the range of 4.40 to 4.41 against the US dollar, an economist said.  Bank Muamalat Malaysia Bhd chief economist and social finance Dr Mohd Afzanizam Abdul Rashid said the ringgit…

Bursa Malaysia seen range-bound with upward bias next week

By Anas Abu Hassan KUALA LUMPUR, April 8 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, is likely to trade range-bound with upward bias next week, driven by continuous bargain hunting, a dealer said. The FTSE Bursa Malaysia KLCI (FBM KLCI) index is expected to trade in the range of 1,420-1,440.…

Malaysia’s Parliamentary Caucus on Palestine condemns raid at Al-Aqsa Mosque

KUALA LUMPUR, March 31 (NNN-Bernama) — Malaysia’s Parliamentary Caucus on Palestine strongly condemns the raid at the Al-Aqsa Mosque by Israeli settlers under the protection of occupation forces. In a statement Friday, the Caucus said the action not only violated the rights of Palestinians to freedom of religion or belief but also insulted the sensitivities of over…

Malaysian PM Anwar pays courtesy call on President Xi during official visit to China

From Voon Miaw Ping BEIJING, March 31 (NNN-Bernama) — Malaysian Prime Minister Anwar Ibrahim paid a courtesy call on China’s President Xi Jinping at the Great Hall of the People here Friday. The two leaders then proceeded to a meeting that lasted about 45 minutes. This was the first face-to-face meeting…

UK concludes talks to join CPTPP in move that will boost trade with Malaysia, Indo-Pacific

KUALA LUMPUR, March 31 (NNN-Bernama) — The United Kingdom (UK) has concluded trade talks with member countries to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after 21 months of negotiations, boosting trade with Malaysia and the wider Indo-Pacific region.  The British High Commission in Kuala Lumpur said the trade bloc…

Malaysia will not allow big powers to dictate its future – PM Anwar

By Voon Miaw Ping BEIJING, March 31 (NNN-Bernama) — Malaysia will not allow any big power to dictate its decision and future direction, Prime Minister Anwar Ibrahim said. He asserted that as a free and independent state, Malaysia will defend its sovereignty and decide what is best for the country.   “Nobody…

World Bank: Malaysia better off having trade agreements with both US, China

KUALA LUMPUR, March 31 (NNN-Bernama) — Malaysia is better off having trade agreements with both China and the United States (US) rather than being left out of any agreement or being part of an exclusive trade bloc, said the World Bank Group. World Bank chief economist, East Asia and Pacific…

World Bank: Malaysia’s economic growth to moderate at 4.3 pct this year

KUALA LUMPUR, March 31 (NNN-Bernama) — Malaysia’s economy is projected to grow at a more moderate pace of 4.3 per cent in 2023 supported by domestic demand amid an expected slowdown in external demand, while private consumption growth is forecast to remain robust, albeit at a slower rate at 6.3…

Malaysian ringgit tipped to extend recovery, to end Q2 at 4.35

By Nurul Jannah Kamaruddin KUALA LUMPUR, March 31 (NNN-Bernama) — Economists are projecting a better outlook for Malaysian ringgit in the second quarter (Q2) of 2023 amid the country’s relatively resilient economic outlook. The economy’s continuous growth momentum will in turn support investor confidence and attract inflows of foreign capital, said Kenanga…