South Korea seeks Malaysia’s expertise for its Muslim friendly hospitality

SEOUL, May 23 (NNN-Bernama) — South Korea is seeking Malaysia’s expertise, as well as accreditation for its friendly hospital services to further strengthen the sector which saw one million Muslim visitors arrived in the country in 2016, an increase of 33 per cent from a year before, says Korea Institute…

Leiking begins trade mission to Latin America by wooing Chilean companies

International Trade and Industry Minister Datuk Darell Leiking. Photo courtesy of Bernama KUALA LUMPUR, May 23 (NNN-Bernama) — International Trade and Industry Minister Datuk Darell Leiking has encouraged companies in Chile to leverage on Malaysia to expand their business and diversify into electrical appliances, food and beverages, packaging, logistics and…

Rising political uncertainties may weigh on Thailand´s economic growth

BANGKOK, May 23 (NNN-Bernama) — Heightened political uncertainties after the inconclusive March 24 general election in Thailand may weigh on the country’s economic growth, said the Bank of Thailand (BoT). In minutes of the Monetary Policy Committee (MPC) meeting early this month, the bank said investors remained cautious to invest…

Three construction workers escape death in building collapse

Firefighters inspect a collapsed building at the Gombak Terminal LRT Putra station. Photo courtesy of Bernama KUALA LUMPUR, May 23 (NNN-Bernama) — Three construction workers escaped death after they were saved when a building still under construction at the Gombak Terminal LRT Putra station here collapsed early this morning. Director…

Demise of champion of national football

KUANTAN, May 22 (NNN-Bernama) — The name of the late Sultan Ahmad Shah Al-Musta’in Billah is synonymous with football as his deep interest in the game resulted in him devoting himself tirelessly to the development of national football. After becoming the president of the Football Association of Malaysia (FAM) on…

Tealive makes its debut in UK

KUALA LUMPUR, May 22 (NNN-Bernama) — Malaysia-based premium quick service food and beverage specialist, Loob Holding Sdn Bhd has made its debut in the United Kingdom via its flagship Tealive which opened its first outlet in Manchester on May 17. In a statement, Loob Holding founder and chief executive officer…

Malaysian banks well placed to manage weakening economy, outlook stable

KUALA LUMPUR, May 22 (NNN-Bernama) — Moody’s Investors Service says that its outlook for the Malaysian banking system remains stable, as strong loss-absorbing buffers should mitigate a potential rise in credit costs and moderating profitability over the next 12 to 18 months. “The banks are well positioned to manage the…

Pahang’s Paduka Ayahanda Sultan Ahmad Shah dies

KUANTAN, May 22 (NNN-Bernama) — Pahang’s Paduka Ayahanda Sultan Haji Ahmad Shah Al-Musta’in Billah died at the National Heart Institute (IJN) in Kuala Lumpur at 8.50 am today. The sad news was announced by Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail through a media statement here. “With profound…

Finnish experts describe U.S. restrictions on Huawei as “rough” against “innocent users”

HELSINKI, May 21 (NNN-XINHUA) — The U.S. measures against Chinese telecom giant Huawei are “rough” against “innocent users,” Finnish observers have said. Petteri Jarvinen, an IT expert and writer, noted that Washington’s hostile attitude towards Huawei has been known for a long time. Yet “such a concrete action that hits…

15 Malaysian aerospace supply companies to participate in Paris Air Show

A demonstration by the Rafale fighter jet from France’s Dassault Aviation at the 2017 Paris Air Show. Photo courtesy of ParisAirShow.TV By Manik Mehta, Frankfurt MATRADE Director at Frankfurt office, Badrul Hisham says Malaysia’s exports of aerospace parts and components have steadily grown over the years, rising to RM 8.48…
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