Sri Lanka To Start Agricultural Modernisation In 2023: President

COLOMBO, Sept 15 (NNN-XINHUA) – Sri Lankan President, Ranil Wickremesinghe said, Sri Lanka must start agricultural modernisation in 2023, to feed its growing population and become a net exporter of food, the President’s Media Division (PMD) said, yesterday. Wickremesinghe made the statement, at a meeting of the Multi-Sector Combined Committee,…

54th ASEAN Economic Ministers’ Meeting, Related Meetings Kicked Off In Cambodia

SIEM REAP, Sept 14 (NNN-AKP) – The 54th ASEAN Economic Ministers’ meeting (54th AEM) and related meetings, kicked off here today, discussing the progress of economic community integration, post-COVID-19 economic recovery, and rising global inflation, among others. Addressing the opening ceremony, Cambodian Prime Minister, Samdech Techo Hun Sen, said, as…

Australia’s National Carrier Starts Direct Flight From Sydney To India’s Bengaluru

SYDNEY, Sept 14 (NNN-AAP) – Australia’s national carrier, Qantas, today started the operation of its direct flight service between Sydney and India’s southern city of Bengaluru. The new service, in partnership with the Aviation Attraction Fund of the state of New South Wales (NSW), is expected to deliver more than…

Malaysia natural rubber production up 21.2 pct in July

KUALA LUMPUR, Sept 14 (NNN-Bernama) — Malaysia’s natural rubber (NR) production increased by 21.2 per cent month-on-month (m-o-m) in July 2022, said the Department of Statistics Malaysia (DoSM). Year-on-year comparison showed that the production of NR decreased by 21.8 per cent, it said in a statement today. “Production of NR in July 2022 for Malaysia…

Sri Lanka To Establish Cabinet Subcommittee On Economic Revival

COLOMBO, Sept 14 (NNN-XINHUA) – Sri Lanka’s Cabinet of ministers, approved the establishment of a Cabinet subcommittee on economic revival, Cabinet spokesman, Ramesh Pathirana, said yesterday. Addressing the media in Colombo, he said that, the subcommittee will be empowered to take swift decisions to revive the country’s economy. A number…

Malaysian ringgit slips to a new 24-year low vs US dollar

By Siti Noor Afera Abu KUALA LUMPUR, Sept 14 (NNN-Bernama) — The Malaysian ringgit slipped further to a fresh 24-year low against the US dollar at the opening on Wednesday, in line with lower oil prices as more investors shifted towards safe-haven assets. At 9.05 am, the local currency slid…

Malaysia not in an economic crisis despite ringgit’s value against US dollar

KUALA LUMPUR, Sept 14 (NNN-Bernama) — Malaysia is not experiencing an economic crisis just because the ringgit is trading at a low level against the United States (US) dollar, said Finance Minister Tengku Zafrul Tengku Abdul Aziz. He explained that the ringgit’s performance should be viewed holistically, not just in…

2022 Global AI Summit Kicked Off In Riyadh

RIYADH, Sept 14 (NNN-SPA) – Under the patronage of Crown Prince, Mohammed Bin Salman, chairman of the Board of Directors of the Saudi Data and AI Authority (SDAIA), the second Global Artificial Intelligence (AI) Summit, organised by SDAIA, kicked off yesterday, under the theme “Artificial Intelligence for the Good of…

G20 Members To Introduce Assessment Tool To Evaluate Affirmative Policies For Disabled People

JAKARTA, Sept 14 (NNN-ANTARA) – Representatives of G20 countries agreed yesterday, to introduce an assessment instrument, to measure how far each country’s policies have accommodated the needs of people with disabilities. The agreement was concluded at the Sixth G20 Employment Working Group (EWG) meeting in Bali, which mainly discussed inclusive…

Japan’s Wholesale Prices Climbed Nine Percent In Aug

TOKYO, Sept 14 (NNN-NHK) – Japan’s wholesale prices jumped nine percent in Aug, from the previous year, as commodity costs continued to rise and the yen’s rapid decline lifted import costs, Bank of Japan data showed yesterday. The corporate goods price index, which measures costs of goods and services traded…
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