Thailand Beefed Up Safety Measures Amid Rising Foreign Tourist Arrivals

BANGKOK, Dec 9 (NNN-TNA) – Thai Prime Minister, Prayut Chan-o-cha, ordered beefing up of security for tourists, as the number of foreign visitors into the country continued to rise. Prayut urged relevant departments, police and tourism business operators, to enhance security measures in all places, and ensure public health safety,…

Singapore Reported 1,363 New COVID-19 Cases

SINGAPORE, Dec 9 (NNN-XINHUA) – Singapore reported 1,363 new cases of COVID-19 yesterday, bringing the country’s total tally to 2,177,701. A total of 122 cases are currently warded in hospitals, with six of them held in intensive care units, according to statistics released by the country’s Ministry of Health. No…

Malaysia Reported 1,616 New COVID-19 Cases, Four More Deaths

KUALA LUMPUR, Dec 9 (NNN-BERNAMA) – Malaysia reported 1,616 new COVID-19 cases as of midnight, bringing the national total to 5,006,855, according to the health ministry. There is one new imported case, with 1,615 cases being local transmissions, data released on the ministry’s website showed. Another four deaths were reported,…

Malaysia’s wholesale & retail trade posts strong growth to US$30.4 bln in Oct

KUALA LUMPUR, Dec 9 (NNN-Bernama) — Malaysia’s wholesale and retail trade continued to record a sturdy growth of 15.2 per cent to RM133.9 billion (US$30.4 billion) in October 2022, said the Department of Statistics Malaysia (DoSM). In a statement Friday, chief statistician Mohd Uzir Mahidin said the increase in October was attributed to retail trade…

Loans Get Costlier In India As Central Bank Raises Repo Rate

by Pankaj Yadav MUMBAI, Dec 9 (NNN-XINHUA) – In an attempt to tame rising inflation in the country, India’s central bank, the Reserve Bank of India (RBI), has been consistently raising the repo rate over the past eight months, including the interest rate at which it gives loans to commercial…

EU deforestation bill threatens Latin America, Asian and African countries

BRUSSELS, Dec 9 (NNN-MERCOPRESS) — European lawmakers and EU member states inked a deal to ban the purchase of products such as cocoa, coffee, and soybeans that contribute to deforestation, increasing the pressure exerted on Brazilian exports. The list also encompasses palm oil, wood, beef, rubber, and derivate products like…

ASEAN should review strategies to survive growing US-China geopolitical competition – Cambodian analyst

By V.Sankara KUALA LUMPUR, Dec 9 (NNN-Bernama) — ASEAN should review its strategies in order to survive and stay balanced from the impact of the fast growing geopolitical competition between China and the United States (US), says a policy analyst from Cambodia. Dr Seun Sam, from the Royal Academy of…

Alibaba Cloud to facilitate Malaysian FSI’s cloud-based solutions adoption

By Anas Abu Hassan KUALA LUMPUR, Dec 9 (NNN-Bernama) — Alibaba Cloud Intelligence is ready to facilitate and cater to Malaysia’s financial services institutions’ (FSIs) growing need for cloud-based solutions by helping them to adopt new cloud services. Alibaba Cloud Malaysia’s general manager, Kun Huang said despite the local FSIs’…

Sri Lankan Parliament Passed 2023 Budget

COLOMBO, Dec 9 (NNN-XINHUA) – The Sri Lankan parliament, yesterday, passed the 2023 budget with a majority of 43 votes. According to the 2023 budget, the total government expenditure for the year will be 5,819 billion rupees (16 billion U.S. dollars), and the total revenue and grants will be 3,415…

Bursa Malaysia opens higher

KUALA LUMPUR, Dec 9 (NNN-Bernama) — Bursa Malaysia, the stock exchange of Malaysia, opened on a positive note Friday, taking its cue from the positive Wall Street performance overnight. At 9.18 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 4.78 points to 1,470.71 from Thursday’s closing of 1,465.93. The market bellwether opened 1.97 points higher at…
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