Turkish President Called For Shipping Russian Grains, Fertilisers Via Grain Corridor

ISTANBUL, Sept 24 (NNN-XINHUA) – Turkish President, Recep Tayyip Erdogan, yesterday, emphasised the need to start shipping Russian grains and fertilisers through the recently-established grain corridor. “One of the most important possible next steps is to bring (to the markets) grains from Russia,” said Erdogan, in the Turkish city of…

Iraqi PM Confirmed Interests In Developing Ties With GCC Countries At All Levels

BAGHDAD, Sept 24 (NNN-NINA) – Iraqi Foreign Minister, Fuad Hussein, said yesterday that, his government is interested in developing relations with the Gulf Cooperation Council (GCC) countries, at all levels, according to a statement by the ministry. Hussein made the remarks, when meeting with GCC Secretary-General, Nayef bin Falah Al-Hajraf,…

Chinese Comedy Drama Film “Give Me Five” Hit North American Big Screen

LOS ANGELES, Sept 24 (NNN-XINHUA) – Chinese comedy drama film, “Give Me Five,” opened yesterday, in a limited theatrical release in North America. The Mandarin-speaking film is being released by Well Go USA, with Chinese and English subtitles, in selected theaters in Los Angeles, San Francisco, New York, Chicago, Dallas,…

Indonesia’s export levy decision will not impact CPO demand — Malaysian minister

PETALING JAYA (Malaysia), Sept 23 (NNN-Bernama) — Demand for Malaysia’s crude palm oil (CPO) is expected to remain stable despite the Indonesian government’s recent decision to extend its export levy waiver for the commodity.  Given that there is a huge demand for CPO right now, Indonesia’s move is not expected to have an impact…

Malaysia’s central bank says ringgit will continue to be ‘market determined’ amid rising US dollar

KUALA LUMPUR, Sept 23 (NNN-Bernama) — Bank Negara Malaysia (BNM) said it will continue to closely monitor and ensure orderly financial market conditions amid external developments that have led to persistent strength in the US dollar against almost all currencies, including the ringgit. However, the central bank said that “ringgit movements will continue to be…

School Holidays, Bad Weather Disrupt Understaffed Sydney Airport

SYDNEY, Sept 23 (NNN-AAP) – With millions of Australians heading away for school holidays, an understaffed Sydney airport saw mass flight cancellations, due to severe weather. Severe thunderstorms saw more than 40 flight cancellations, as heavy rain hit Sydney and much of the state of New South Wales (NSW), as…

Malaysia’s January to August inflation rate rises 3.1 pct, in line with expectations

KUALA LUMPUR, Sept 23 (NNN-Bernama) — Malaysia’s inflation rate increased 3.1 per cent from January to August this year, in line with market expectations of 3.2 per cent for 2022. Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed attributed the rise to solid domestic demand, elevated commodity prices, and…

ASEAN should accelerate actions to heighten energy security

By Voon Miaw Ping KUALA LUMPUR, Sept 23 (NNN-Bernama) — ASEAN should accelerate pre-emptive action to heighten energy security in the region, taking a cue from the current energy crisis in Europe unleashed by the fallout from the Russia-Ukraine conflict. Consumers and governments across Europe continue to struggle with soaring…

Indonesia Raised Benchmark Banking Interest Rate To 4.25 Percent

JAKARTA, Sept 23 (NNN-ANTARA) – Indonesia announced yesterday, to raise its benchmark banking interest rate by 50 bps to 4.25 percent, to suppress inflation, amid the impact of rising fuel prices and uncertainty in global financial markets. The decision was made in a two-day meeting of the Board of Governors…

Brunei, S. Korea To Resume Direct Flights Soon: Envoy

BANDAR SERI BEGAWAN, Sept 23 (NNN-ANN) – South Korea and Brunei will resume direct flights between Bandar Seri Begawan and Incheon soon, said South Korean Ambassador to Brunei, Kim Soung-eun. According to the local daily, Borneo Bulletin yesterday, the ambassador said that, before the pandemic, South Korea ranked fifth, in…
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