Impact Of Current MCO On Economy Expected To Be Manageable – PM

KUALA LUMPUR, Jan 18 (NNN-Bernama) — The impact of the current Movement Control Order (MCO) to the economy is expected to be manageable and growth will continue to be supported by the strong exports sector and the global trade recovery, Prime Minister Muhyiddin Yassin said Monday. “We saw the impact…

COVID-19: Malaysian PM Unveils RM15 Bln Package To Help People, Ensure Economic Resilience

KUALA LUMPUR, Jan 18 (NNN-Bernama) — Prime Minister Muhyiddin Yassin today unveiled a RM15 billion aid package to ease the people’s burden and ensure economic resilience at a time when the country is grappling with the COVID-19 pandemic. Muhyiddin said the Perlindungan Ekonomi dan Rakyat Malaysia (PERMAI) aid package contains…

DPRK Deputies Discuss Economic Plan, Budget At Supreme People’s Assembly

PYONGYANG, Jan 18 (NNN-KCNA) – The Democratic People’s Republic of Korea (DPRK), held the Supreme People’s Assembly yesterday, to mainly discuss the country’s future economic path, it was reported today. The report said that the fourth session of the 14th Supreme People’s Assembly (SPA), was held in the Mansudae Assembly…

Samsung Heir Sentenced To 2-1/2 Years In Prison For Corruption

SEOUL, Jan 18 (NNN-YONHAP) – Samsung Electronics Vice Chairman, Lee Jae-yong was jailed today, for corruption linked to his management succession. The Seoul High Court sentenced Lee, an heir apparent of South Korea’s biggest family-run conglomerate, Samsung Group, to two-and-a-half years in prison, for corruption charges, including bribery. With a…

Egyptian President Pledges Support For Afcfta’s Activities

CAIRO, Jan 18 (NNN-MENA) – Egyptian President, Abdel-Fattah al-Sisi, reiterated his country’s support for the African Continental Free Trade Area (AfCFTA), which commenced earlier this month. Sisi’s remarks came, during his meeting in Cairo with Wamkele Mene, secretary general of AfCFTA, Egyptian Presidential spokesman Bassam Rady said. Sisi affirmed Egypt’s…

Imposition Of State Of Emergency Won’t Affect Investor Confidence — Senior Minister

By Nor Baizura Basri KOTA TINGGI (Johor, Malaysia) Jan 17 (NNN-Bernama) — The state of emergency previously imposed in the Gerik parliamentary constituency in Perak and Bugaya state constituency in Sabah has proven that such a measure will not weaken investors’ confidence to invest in Malaysia, said Senior Minister Mohamed…

ASEAN Can Be A Force to Be Reckoned with In Digital Economy – Digital Marketing Specialist

By V. Sankara KUALA LUMPUR, Jan 15 (NNN-Bernama) — The ASEAN region can be a force to be reckoned with and offers much growth potential in the adaptation of digital economy, said a digital marketing specialist. Group Chief Executive Officer of Digitally.asia Group, Christopher Tock, said while it is important…

Free Flow of Data Across ASEAN Countries Must Be Realised Urgently – Think Tank Economist

By Nabilah Saleh KUALA LUMPUR, Jan 15 (NNN-Bernama) — Policies and regulations on free flow of data across the countries of the Association of Southeast Asian Nations (ASEAN) must be realised urgently to further promote digitalisation and its growing participation in the region. Senior Economist of Jakarta-based Economic Research Institute…

Belarus’ BelGee to Produce Electric Cars

MINSK, Jan 14 (NNN-BelTA) — The car factory BelGee will study the demand for electric cars and will embark on their production, Industry Minister Piotr Parkhomchik said on Belarus 1 TV channel. “The production of electric vehicles in Belarus is a very important matter. We reached an agreement that from…

Malaysia’s Economy Has the Resilience to Bounce Back Strongly

By Nurul Hanis Izmir KUALA LUMPUR, Jan 14 (NNN-Bernama) — Malaysia’s economy will remain resilient despite the re-imposition of the Movement Control Order (MCO) in six states and the nationwide state of emergency, thanks to labour productivity which drives economic growth. Juwai IQI Global chief economist Shan Saeed said the…
Load More