Sri Lankan President To Prioritise Implementing FTA With Singapore

COLOMBO, Sept 27 (NNN-XINHUA) – Sri Lankan President, Ranil Wickremesinghe, today pledged to prioritise implementing Free Trade Agreement (FTA) with Singapore, during a meeting with Singaporean Prime Minister, Lee Hsien Loong, in Tokyo. During the meeting, Wickremesinghe informed the Singaporean prime minister that, an international trade office was being established…

Australian Treasurer “Optimistic” Despite Forecast Downgrade

CANBERRA, Sept 27 (NNN-AAP) – Australian Treasurer, Jim Chalmers, said, he is “still optimistic” about the country’s economy, despite a downgraded outlook. In its latest projections, the Organisation for Economic Cooperation and Development (OECD) cut its forecast for Australia’s gross domestic product (GDP) growth in 2023, from 2.5 percent predicted…

Japan To Launch New Domestic Travel Subsidy Programme Next Month

TOKYO, Sept 27 (NNN-NHK) – The Japanese government will run a new domestic tourism subsidy programme, from Oct 11 to late Dec, in a bid to revitalise its tourism industry, hurt by the COVID-19 pandemic, Tourism Minister, Tetsuo Saito, said, yesterday. The National Travel Discount programme will offer financial assistance…

Egypt, Bulgaria Vowed To Strengthen Bilateral Cooperation

CAIRO, Sept 27 (NNN-MENA) – Egyptian President, Abdel-Fattah al-Sisi, and Bulgarian President, Rumen Radev, discussed ways to strengthen bilateral cooperation in the energy sector, the Egyptian presidency said in a statement. In a phone conversation, the two leaders also discussed ways to enhance bilateral relations, particularly in the economic, investment,…

Chinese Phone Maker Vivo Launched Latest 5G Smartphones In Saudi Arabia

RIYADH, Sept 27 (NNN-SPA) – Chinese phone maker, Vivo, unveiled yesterday, two 5G smartphones in Saudi Arabia’s capital, Riyadh. At its first offline launch of new products in the kingdom, Vivo presented the latest additions to its 5G smartphones V series: V25 and V25 Pro, which feature superior photography. The…

Pakistani Rupee Gained Strong Recovery Against USD

ISLAMABAD, Sept 27 (NNN-APP) – The Pakistani rupee gained a strong recovery against the U.S. dollar, as the greenback was being traded at 237.02 rupees in the interbank, yesterday, according to the State Bank of Pakistan. The U.S. dollar closed at 239.65 rupees on Friday, and yesterday, went down after…

China, Malaysia economic and trade cooperation reach new highs

KUALA LUMPUR, Sept 26 (NNN-Bernama) — Economic and trade cooperation between China and Malaysia have hit new highs, with bilateral trade volume for the first eight months of this year reaching US$131.2 billion. China’s Ambassador to Malaysia Ouyang Yujing said this constitute an increase of 21.2 per cent year-on-year.  Speaking at the China’s…

Malaysian ringgit falls to new 24-year low as it touches 4.60 to US dollar

By Nurunnasihah Ahmad Rashid KUALA LUMPUR, Sept 26 (NNN-Bernama) — The Malaysian ringgit continued its downtrend against the US dollar in Monday’s closing as reduced investor risk appetite pushed the ringgit to a new 24-year low. At 6 pm, the local currency depreciated to 4.6030/6045 against the greenback from 4.5775/5800…

Jordan, Iraq, Syria, Lebanon Discussed Means To Boost Food Security

AMMAN, Sept 26 (NNN-PETRA) – The agriculture ministers of Jordan, Iraq, Syria and Lebanon, convened in Amman yesterday, to discuss means to boost food security. During the meeting, Jordan’s Agriculture Minister, Khaled Hanaifat, highlighted the magnitude of challenges facing countries in the region, including climate change, the COVID-19 pandemic, the…

Malaysian ringgit slides further and touches 4.59 against US dollar at opening

KUALA LUMPUR, Sept 26 (NNN-Bernama) — The Malaysian ringgit continued to go down against the US dollar on Monday, dragged down by market volatility that was triggered by the recent steep US interest rate increase and the expectation of more hikes to come, said a dealer. At 10.39 am, the local currency fell to 4.5960/5980 against…
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