Malaysia’s new ambassador to Iran presents his credentials to President Seyyed Ebrahim raise

TEHRAN, Jan 9 (Bernama) — Malaysia’s new ambassador to Iran, Khairi Omar, presented his credentials to President Seyyed Ebrahim Raisi on Sunday (January 8) at the Presidential office. According to a statement from the Malaysian Embassy in Tehran, upon arrival at the Presidential office, Khairi was warmly welcomed by Raisi as he wished every…

Malaysia-Indonesia’s 2022 trade likely to exceed 30 per cent y-o-y growth

KUALA LUMPUR, Jan 9 (Bernama) — Malaysia-Indonesia’s total trade for 2022 is likely to exceed 30 per cent year-on-year (y-o-y) growth compared with 2021 as both countries fully reopened their borders in 2022, facilitating better bilateral flow of goods and services, according to the Ministry of International Trade and Industry (MITI). Minister…

Malaysia’s ASIC signs MoU with Indonesia’s largest state-owned shipyard

KUALA LUMPUR, Jan 9 (Bernama) — Malaysia-based engineering and offshore repair specialist ASIC Offshore and Marine Sdn Bhd (ASIC) has signed a memorandum of understanding (MoU) with PT Dok dan Perkapalan Kodja Bahari (Persero) (PT DKB), the largest state-owned shipyard in Indonesia, thus, entering an exciting phase of a strategic partnership. The signing was held…

Indonesia will always be given priority by Malaysia – PM Anwar

By Mohd Iswandi Kasan Anuar JAKARTA, Jan 9 (Bernama) — Indonesia will always be given priority by Malaysia in bilateral relations, says Prime Minister Anwar Ibrahim. “Indonesia accepted me as a true friend, so I will never forget that,” he told the media after witnessing the handover of letters of intent and the exchange…

Good governance to boost investor confidence, curb plundering of wealth – Malaysian PM

KUALA LUMPUR, Jan 1 (NNN-Bernama) — Malaysian government will strengthen efforts to boost foreign investor confidence by guaranteeing good governance and a corrupt-free country.   Prime Minister Anwar Ibrahim said this is because the government has received a list of investors from countries such as Europe, the United States, China, India and several countries around Asia…

A third of Singapore adults expect to spend less on Christmas due to rising cost of living

SINGAPORE, Dec 23 (NNN-Bernama) — A third of Singapore adults expect to spend less on Christmas because of the rising cost of living, latest YouGov data suggested. YouGov is an international online research data and analytics technology group. While this year was set to be the first fully post-pandemic Christmas,…

Malaysian economy to start moderating going into 2023

KUALA LUMPUR, Dec 23 (NNN-Bernama) — The Malaysian economy is expected to start moderating in the months ahead in 2023 impacted by global economic uncertainty, said the Department of Statistics Malaysia (DoSM).   Looking at the smoothed long-term trend in October 2022, the Leading Index (LI) started trending below the 100.0…

Malaysia ready to assist in SAR mission of sunken Thai Navy ship

KUALA TERENGANU (Malaysia), Dec 23 (NNN-Bernama) — Malaysia’s Ministry of Defence is ready to mobilise a search and rescue team if required following the sinking of Thai navy ship ‘HTMS Sukhothai’, during a storm in the Gulf of Thailand on Sunday (Dec 18). Defence Minister Mohamad Hasan said the country’s Navy chief had…

Singapore’s manufacturing output decreased 3.2 pct in November

By Massita Ahmad SINGAPORE, Dec 23 (NNN-Bernama) — Singapore’s manufacturing output decreased 3.2 per cent in November 2022 on a year-on-year (y-o-y) basis, according to the Singapore Economic Development Board (EDB). On a three-month moving average basis, manufacturing output declined 0.7 per cent in November 2022, compared to a year…

Singapore’s core inflation at 5.1 pct in November 2022

SINGAPORE, Dec 23 (NNN-Bernama) — Singapore’s core inflation stood at 5.1 per cent on a year-on-year (y-o-y) basis in November 2022, unchanged from October, according to the Monetary Authority of Singapore (MAS) and the republic’s Ministry of Trade and Industry (MTI). “This was because smaller increases in the costs of services…