Malaysian ringgit strengthens against greenback in early trade

By Sharifah Pirdaus Syed Ali KUALA LUMPUR, March 6 (NNN-Bernama) — Malaysian ringgit opened higher against the US dollar Monday on renewed demand for the local currency in tandem with the rebound on the equity market, said an analyst.  At 9.00 am, the local note rose to 4.4700/4750 against the US dollar from last Friday’s close…

I will not summarily close the book on MH370 tragedy – Malaysian transport minister

KUALA LUMPUR, March 6 (NNN-Bernama) — Malaysian Transport Minister Anthony Loke stressed that he will not summarily close the book on the Malaysia Airlines (MAS) flight MH370 tragedy. In a message ahead of the ninth anniversary of the plane’s disappearance, he reiterated the Malaysian government’s position that due consideration will be given to future search operations…

Malaysia approves 380,000 foreign workers under relaxation of hiring plan

PADANG BESAR (Malaysia), Feb 25 (NNN-Bernama) — Malaysia’s Home Ministry has approved the applications of 380,000 foreign workers under a plan to facilitate the hiring of workers to meet the country’s economic needs in the post-pandemic period. Minister Saifuddin Nasution Ismail said the ministry implemented the plan based on Bank Negara’s (central bank)…

Thailand calls on all parties to step up diplomatic efforts to end war in Ukraine

BANGKOK,  Feb 25 (NNN-Bernama) — Thailand has called on all parties to step up the diplomatic effort to engage in dialogues to achieve a peaceful negotiated settlement as an exit to the Russia-Ukraine conflict as Friday marked one year since Moscow’s invasion of Ukraine. Delivering the Explanation of Vote before the…

Budget 2023 supports efforts to protect Malaysia’s interests on world stage

PUTRAJAYA (Malaysia), Feb 25 (NNN-Bernama) — Foreign Ministry welcomed the Malaysia MADANI Budget 2023, tabled by Prime Minister Datuk Seri Anwar Ibrahim on Friday, noting that it supports the country’s efforts in promoting, defending and protecting the country’s interests on the world stage. The ministry in a statement Saturday said these efforts were…

Bursa Malaysia expected to see cautious trading next week

By Zufazlin Baharuddin and Siti Radziah Hamzah KUALA LUMPUR, Feb 25 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, is likely to see cautious trading next week with the benchmark index moving within a tight band of between 1,450 and 1,470 amid weak external factors, said an analyst.     SPI…

Malaysian ringgit seen trading between 4.4275 and 4.4575 against US dollar next week on heightened market volatility

By Nurunnasihah Ahmad Rashid KUALA LUMPUR, Feb 25 (NNN-Bernama) — Malaysian ringgit is expected to trade between 4.4275 and 4.4575 against the US dollar next week, a wider range than normal due to the uptick in market volatility. “I think the ringgit will trade defensively next week unless we get a drop in…

Malaysian King on seven-day special visit to Abu Dhabi

KUALA LUMPUR, Feb 25 (NNN-Bernama) — Malaysian King Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has left for Abu Dhabi, for a seven-day special visit to the United Arab Emirates (UAE). According to a post on the Istana Negara (national palace) Facebook page, the special aircraft carrying His Majesty and his delegation touched down at the Abu Dhabi International Airport…

Malaysia contributes medicine worth RM227,984 to Ukraine

PUTRAJAYA (Malaysia), Feb 7 (NNN-Bernama) — Malaysian government through the Ministry of Health (MOH) on Tuesday contributed medical aid worth RM227,984 (US$53,033) to the government of Ukraine. Malaysia’s Health Minister Dr Zaliha Mustafa handed over the aid, which consists of medicines containing Levothyroxine Sodium 100 mcg tablets, Fentanyl Citrate 50mcg/millilitre (ml) in…

Malaysia’s IPI grew at 6.9 pct in 2022 driven by manufacturing, mining indices

KUALA LUMPUR, Feb 7 (NNN-Bernama) — Malaysia’s industrial production index (IPI) for 2022 narrowed to 6.9 per cent from 7.2 per cent recorded in 2021, driven by the manufacturing index (8.2 per cent); electricity index (4.5 per cent); and mining index (2.8 per cent), according to the Statistics Department (DoSM). Chief statistician Dr…