Bursa Malaysia opens higher, tracking Wall Street performance

KUALA LUMPUR, Jan 27 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, rebounded from two days of losses to open higher Friday, taking the cue from the strong performance on Wall Street overnight.  The US stock markets rebounded after the preliminary reading of the fourth quarter of 2022 Gross Domestic Product (GDP) expanded 2.9 per cent…

Malaysian mother, daughter die after boat capsizes in Krabi

By Tuwaedaniya Meringing BANGKOK, Jan 27 (NNN-Bernama) — A pregnant woman from Malaysia and her six-year-old daughter died after a long-tailed boat carrying the family capsized off the coast of Krabi province in southern Thailand on Wednesday.  In the 1 pm (local time) incident, the family of three – the 36-year-old woman, her…

Malaysia summons charge d’affaires ad interim of Swedish Embassy over Quran burning

PUTRAJAYA (Malaysia), Jan 27 (NNN-Bernama) — Malaysian Foreign Ministry had summoned the Charge d’Affaires ad interim of the Swedish Embassy in Kuala Lumpur Thursday morning to reaffirm the country’s strong condemnation over a Swedish far-right politician’s “vile act” of burning the Holy Quran in Stockholm. “The ministry conveyed Malaysia’s objection and disappointment…

India’s Adani Group warns of legal action after report leads to stock fall

By Shakir Husain NEW DELHI, Jan 26 (NNN-Bernama) — India’s Adani Group said on Thursday it is considering legal action against US-based Hindenburg Research over a report that accuses the conglomerate of “brazen” market manipulation and accounting fraud. Adani companies lost billions of dollars in market value after Hindenburg’s report…

Malaysia’s exports in 2022 surpassed 12MP’s projection 3 years ahead of target

KUALA LUMPUR, Jan 26 (NNN-Bernama) — Malaysia maintained its outstanding performance in 2022 in terms of trade, exports, imports and trade surplus, with exports hitting the 12th Malaysia Plan’s (12MP) target three years earlier than forecast, the Malaysia External Trade Development Corporation (MATRADE) said. Chief executive officer Mohd Mustafa Abdul Aziz said that despite…

Malaysia will not tolerate act of burning any religious book, text – PM Anwar

KUALA LUMPUR, Jan 26 (NNN-Bernama) — Malaysia will not tolerate the act of burning any religious book or text including the Quran, Bible and even the Hindu text, as Malaysians value humanity and respect the right of each individual, said Prime Minister Anwar Ibrahim. Condemning in the strongest terms the act of extremist Swedish-Danish far-right politician, Rasmus…

Malaysia, Indonesia to discuss CPO benchmark pricing

PUTRAJAYA (Malaysia), Jan 26 (NNN-Bernama) — Malaysia will hold a meeting with the Indonesian government to discuss the republic’s intention to have its own crude palm oil (CPO) benchmark price, said Deputy Prime Minister and Minister of Plantation and Commodities Fadillah Yusof. He said the matter needs to be discussed jointly…

10 Malaysian firms to participate in Arab Health 2023

KUALA LUMPUR, Jan 26 (NNN-Bernama) — Ten Malaysian medical device and pharmaceutical companies will participate in the Arab Health 2023 medical expo in Dubai, United Arab Emirates (UAE), from Jan 30 to Feb 2, 2023. The Malaysia External Trade Development Corporation (MATRADE) said it is organising the participation of these companies, which include KPJ Healthcare Bhd and UEM Edgenta…

Thousands evacuated as floods worsen in Malaysia

KUALA LUMPUR, Jan 26 (NNN-Bernama) — The floods in Malaysia’s states of Sabah, Johor and Pahang worsened Thursday morning, sending more people to relief centres with Sarawak being the latest state to be hit by the disaster. The Meteorological Department has forecast continuous rain in several districts in Sabah, as well…

Indonesia Masters: Malaysia’s Zii Jia advances to second round

KUALA LUMPUR, Jan 26 (NNN-Bernama) — Malaysia’s top men’s singles shuttler Lee Zii Jia began his Indonesia Masters campaign with a win over Lin Chun Yi of Taiwan at the Istora Senayan, Jakarta early Thursday.  The world number four took 41 minutes to dispose of the Taiwanese shuttler 21-18, 21-17 in the first round.  Zii Jia will meet Angus Ng Ka Long of Hong Kong in…