Malaysian ringgit likely to trade in cautious mode against US dollar next week

By Siti Radziah Hamzah KUALA LUMPUR, June 11 (Bernama) — The ringgit is expected to trade in cautious mode against the US dollar next week, said an analyst. He said the United States Federal Open Market Committee (FOMC) is expected to deliver another half-a-point rate hike to cool soaring inflation…

Pakistani Gov’t Unveils “Pro-People” Budget For FY23

ISLAMABAD, Jun 11 (NNN-APP) – The Pakistani government, yesterday, proposed its budget for the next fiscal year, with plans to focus on sustainable and inclusive economic growth, with officials calling it a pro-people and balanced budget, amid financial challenging times. Federal Minister for Finance and Revenue, Miftah Ismail, presented the…

Cambodia’s Rubber Export Up Three Percent In First Five Months Of This Year

PHNOM PENH, Jun 11 (NNN-AKP) – Cambodia exported 105,048 tonnes of dry rubber, in the first five months of this year, up three percent compared to the same period last year, said a General Directorate of Rubber report yesterday. The kingdom earned 168 million U.S. dollars in revenue from exports…

Afghanistan’s Nangarhar Produces 700 Tonnes Of Honey So Far This Year

KABUL, Jun 11 (NNN-ANA) – Afghanistan’s eastern Nangarhar province, produced 700 tonnes of honey, so far, this year, 200 tonnes more than the total in the previous year, the state-run Bakhtar news agency reported yesterday. “Bee farm owners harvested 700 tonnes of honey, so far, this year, in Nangarhar, while…

Malaysia’s IPI Climbs 4.6 Percent In Apr

KUALA LUMPUR, Jun 11 (NNN-BERNAMA) – The Industrial Production Index (IPI) in Malaysia, increased 4.6 percent in Apr, from a year ago, steered by the manufacturing and electricity sectors, official data showed, yesterday. The expansion of the IPI was contributed by the manufacturing and electricity sectors, which increased 6.2 percent…

Inflation In Laos Hits 18-Year High At 12.8 Percent In May

VIENTIANE, Jun 11 (NNN-KPL) – Laos’ inflation rate climbed to 12.8 percent in May, on a yearly basis, the highest in 18 years, according to the latest report from the Lao Statistics Bureau. The fuel crisis, with petrol stations across the country running dry, and the continuing depreciation of the…

Malaysia’s Manufacturing Sales Up 13.2 Percent In Apr

KUALA LUMPUR, Jun 11 (NNN-BERNAMA) – Malaysia’s manufacturing sales value in Apr, grew 13.2 percent to 147.9 billion ringgit (about 33.61 billion U.S. dollars) from a year ago, official data showed yesterday. The sales value increased by 2.3 percent as against the previous month, the Department of Statistics Malaysia (DOSM)…

19th Shangri-La Dialogue Kicked Off In Singapore

SINGAPORE, Jun 11 (NNN-CNA) – The 19th Shangri-La Dialogue, hosted by International Institute for Strategic Studies (IISS), opened here last night, after a two-year COVID-19 pandemic hiatus. Leading the Chinese delegation to the dialogue, Chinese State Councillor and Minister of National Defence, Wei Fenghe, will address a plenary session tomorrow.…

Vietnam Ranks 68th Out Of 120 In Budget Transparency

HANOI, Jun 10 (NNN-VNA) – Vietnam was placed 68th out of the 120 countries in the biannual Open Budget Survey (OBS) 2021, up nine spots from 2019, it was reported today. The country scored 44 out of the maximum of 100, in transparency, 80 in budget oversight and 17 in…

S.Korea’s Top Diplomat To Visit Washington For Talks With Blinken

SEOUL, Jun 10 (NNN-YONHAP) – South Korean Foreign Minister, Park Jin, planned to visit Washington this weekend for talks with his U.S. counterpart, Antony Blinken, the South Korean foreign ministry said today. At the invitation of Blinken, the South Korean foreign minister will make a four-day trip to Washington from…
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