Malaysia will return as Asian tiger in three years — Finance Minister

KUALA LUMPUR, March 19 (NNN-Bernama) — Malaysia will return to its Asian tiger status in three years, says Finance Minister Lim Guan Eng. He said the 48 per cent jump in foreign direct investments to RM80.5 billion in 2018, compared with RM54.4 billion in 2017, reflected investor confidence in Malaysia’s…

Temperature in Arctic to increase by 3 to 5 degrees C by 2050, says report

The Arctic is expected to see a 3-5 degrees celsius temperature rise by 2050, says a new report. Photo courtesy of United Nations Environment. Nairobi, March 18 (NNN-UN)– Even if the world were to cut emissions in line with the Paris Agreement, winter temperatures in the Arctic would rise 3-5°C by…

Malaysian Govt awaits clearance to bring home remains of Malaysians killed in Lombok

PUTRAJAYA, March 18 (NNN-BERNAMA) — The Foreign Ministry is waiting for the clearance to bring home the remains of two Malaysians who were killed in the earthquake that hit Lombok, Indonesia, yesterday (March 17), said Deputy Foreign Minister Datuk Marzuki Yahya. He said the remains of Malaysians Datin Tai Siew…

Second Malaysian reported killed in Indonesia’s Lombok quake

By Mohd Shukri Ishak Datin Tai Siew Kim. Photo courtesy Bernama JAKARTA, March 18 (Bernama) — A second Malaysian is reported to have been killed in the quake-triggered landslide in Lombok, Indonesia, which claimed the life of a Malaysian journalist. Indonesia’s Antara news agency reported that rescuers found the body of the…

Malaysia’s Government opposes EU act classifying palm oil as “high risk “

Photo courtesy Bernama KUALA LUMPUR, March 17 (NNN-Bernama) — Malaysia’s Government opposes EU act classifying palm oil as “high risk ” government strongly opposes the European Commission’s Delegated Act which classifies palm oil as “high risk”, said Foreign Affairs Minister Datuk Saifuddin Abdullah. In a statement today, he said the…

Foreign net fund outflow reduces to RM472.2 mln

Photo courtesy Bernama KUALA LUMPUR, March 17, (NNN-BERNAMA) — Foreign net outflow of funds between Monday and  Thursday reduced to RM472.2 million against RM709.9 million recorded in the same period last week.  Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said average participation rate for foreign and local institution stood…

Cleaning up of 1.5km-stretch of Sungai Kim Kim over, 143 victims still hospitalised

Photo courtesy Bernama 143 victims of chemical waste contamination still hospitalised JOHOR BAHRU, March 17 (Bernama) — As of midnight yesterday, as many as 143 who were affected by the chemical waste contamination incident in Pasir Gudang were still receiving treatment in hospitals. Chairman of the state Health, Environment and…

Third national car project to learn automative engineering technology – PM Dr Mahathir

Photo courtesy Bernama SEPANG, March 17 (NNN- Bernama) — Prime Minister Tun Dr Mahathir Mohamad said the government’s move to launch its third national car project was to enable Malaysians to learn and understand automotive engineering technology. He was of the opinion that Malaysians ‘know nothing’ and lacked knowledge in…

Malaysia approved FDIs worth RM80.5 bln in 2018

KUALA LUMPUR, March 16 (NNN-BERNAMA) – MALAYSIA is enjoying encouraging economic growth, with RM80.5 billion in foreign direct investments (FDIs) being approved across all sectors in 2018, a jump of 48% from a year earlier, said Lim Guan Eng. Of the total amount, RM26.5 billion in FDIs were approved in…

Robert Kuok retains top spot on 2019 Forbes Malaysia rich list

By Massita Ahmad SINGAPORE, March 16 (NNN-Bernama) – Tan Sri Robert Kuok retains his number one spot on the 2019 Forbes Malaysia Rich List with a net worth of US$12.8 billion despite a fall in his wealth by US$2 billion, according to Forbes Asia. In releasing the 2019 Forbes Malaysia…
Load More