Malaysian ringgit stronger after smaller US rate hike

KUALA LUMPUR, Feb 2 (NNN-Bernama) — Malaysian ringgit appreciated against the US dollar Thursday morning following the United States (US) Federal Reserve’s (Fed) encouraging move to slow the pace of its interest rate hikes during its recent meeting.  At 9 am, the ringgit strengthened to 4.2280/2350 versus the greenback compared with 4.2655/2700 at Tuesday’s…

Bursa Malaysia rebounds on bargain hunting

KUALA LUMPUR, Feb 2 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, rebounded from the strong broad-based sell-down on Tuesday to open higher this morning, supported by bargain hunting activities, a dealer said. At 9.05 am Thursday, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 5.93 points to 1,491.43  from Tuesday’s close of 1,485.50. The key…

Indian Finance Minister Presented Annual Budget With Tax Relief

NEW DELHI, Feb 2 (NNN-PTI) – India’s Finance Minister, Nirmala Sitharaman, yesterday, presented the country’s General Budget for the 2023-24 fiscal year, to parliament. It is Sitharaman’s fifth budget as finance minister. “This budget hopes to build on the foundation laid in the previous budget, and the blueprint drawn for…

India’s military expenditure goes up 13 per cent in new budget

NEW DELHI, Feb 2 (NNN-Bernama) — India’s military expenditure has gone up by 13 per cent in the national budget for financial year 2023-24 starting April. The government has allocated 5.93 trillion rupees for the defence sector compared with 5.25 trillion rupees in the 2022-23 budget. In terms of US dollars, military spending…

Saudi Arabia to host first ever Asian Cup in 2027

From Vikneswaran Raman MANAMA (Bahrain), Feb 2 (NNN-Bernama) — The Kingdom of Saudi Arabia has been given the green light to host the Asian Cup for the first time ever in 2027. Despite being one of the most successful teams in the continent, having won the Asian Cup three times (1984, 1988…

Shaikh Salman stays on as AFC boss, Malaysia’s Hamidin elected FIFA council member

From Vikneswaran Raman MANAMA (Bahrain), Feb 2 (NNN-Bernama) — The Asian Football Confederation (AFC) boss Shaikh Salman Ebrahim Al Khalifa retained his president’s post unopposed at the 33rd AFC Congress, held here Wednesday, as the Asian governing body met physically for the first time since the COVID-19 pandemic. The 57-year-old Bahrain royalty’s tenure for the…

Iran Says Parts, Explosives Used In Drone Attack Transferred By Iraq-Based “Hostile” Kurdish Groups

TEHRAN, Feb 2 (NNN-IRNA) – The parts and explosives used in a recent drone attack on a military plant, in the central Iranian province of Isfahan, were transferred into the country by “hostile” Kurdish groups based in the Iraqi Kurdistan region, semi-official Nour News agency reported, yesterday. The groups transferred…

Sri Lanka Received Over 100,000 Tourists In Jan

COLOMBO, Feb 2 (NNN-XINHUA) – Sri Lanka received over 100,000 tourists in Jan, 2023, Minister of Tourism, Harin Fernando said, yesterday. Fernando told the media that, 82,327 tourists arrived in Jan, last year, and the number has risen to 102,545 in Jan this year. He said, tourist arrivals are increasing…

Bangladesh’s Largest Annual Book Fair Kicked Off

DHAKA, Feb 2 (NNN-BSS) – Bangladesh’s largest annual book fair kicked off in the capital, Dhaka, yesterday. The Amar Ekushey Boi Mela, which literally means “Immortal Twenty First Book Fair,” is being held in Dhaka’s Bangla Academy premises and its adjacent Suhrawardy Udyan (garden). Bangladeshi Prime Minister, Sheikh Hasina, inaugurated…

Myanmar Extended State Of Emergency For Six More Months

YANGON, Feb 2 (NNN-MNA) – Myanmar’s National Defence and Security Council (NDSC), yesterday extended the state of emergency in the country for six more months. According to a statement signed by Acting President, U Myint Swe, the emergency period is extended in accordance with Section 425 of the State Constitution,…
Load More