Audit Report: Federal Govt records RM264.415 bln revenue in 2019

KUALA LUMPUR, Nov 5 — Chairman of Public Accounts Committee, Wong Kah Woh (left) with Auditor General Datuk Nik Azman Nik Abdul Majid (right) during a press conference on the Federal Government’s 2019 Financial Statement at the Parliament building here today.Photo courtesy of BERNAMA. KUALA LUMPUR, Nov 5  (NNN-BERNAMA) — The…

Exports of palm oil to US not facing any problems – Minister

KUALA LUMPUR, Nov 5 (NNN-BERNAMA) — Malaysia’s exports of palm oil products to the United States generally do not encounter any problems except for the trade restrictions imposed on palm oil from FGV Holdings Bhd from Oct 1, 2020, said Plantation Industries and Commodities Minister Dr Mohd Khairuddin Aman Razali. “Hence, for now the restrictions imposed…

15 Sabah Pan Borneo Highway work packages to continue – Minister

KUALA LUMPUR, Nov 5 (NNN-BERNAMA) — The federal government is committed to continuing the implementation of 15 work packages of the Pan Borneo Highway project in Sabah, costing RM10.12 billion, following the termination of the previous project delivery partner (PDP) agreement. Works Minister Datuk Seri Fadillah Yusof said the cost…

Parliament to have only 80 MPs per sitting from Nov 9 – Speaker

KUALA LUMPUR, Nov 5 (NNN-BERNAMA) — The Dewan Rakyat has decided to allow only 80 MPs to attend per sitting, which will be limited to 10 am to 2 pm from Nov 9 to 15, in view of the COVID-19 situation, Speaker Datuk Azhar Azizan Harun announced today. He said these…

Philippine Manufacturing Output Continues To Shrink In Sept

MANILA, Nov 5 (NNN-PNA) – Performance of manufacturing production in the Philippines continued to contract in Sept, amid the prolonged COVID-19 lockdown, the Philippine Statistics Authority (PSA), said today. The PSA said, the year-on-year value of production index (VaPI) and the volume of production index (VoPI), remain at a downward…

Australia’s Largest Battery To Boost Green Energy Uptake

SYDNEY, Nov 5 (NNN-AGENCIES) – Australian officials granted approval today, for one of the world’s largest lithium-ion batteries, to be built in the State of Victoria, helping drive the region’s renewable energy push and COVID-19 recovery. Expected to be roughly as large as a medium-sized football stadium, the Tesla type…

Singapore Steps Up Enforcement Against Market Abuse, Financial Misconduct

SINGAPORE, Nov 5 (NNN-CNA) – The Monetary Authority of Singapore (MAS), has taken several strong actions, against financial institutions and individuals for market abuse, financial misconduct, and control breaches related to money laundering, MAS said. From Jan, 2019, to June, 2020, MAS detailed various enforcement actions taken, for breaches of…

Brunei Launches Domestic Tourism Campaign Amid COVID-19

BANDAR SERI BEGAWAN, Nov 5 (NNN-ANN) – Brunei’s Minister of Primary Resources and Tourism, Haji Ali, yesterday launched a domestic tourism campaign, as the country’s inbound tourists have plummeted, during the global COVID-19 pandemic. Initiated by the Ministry of Primary Resources and Tourism and the Brunei Tourism Board, through the…

Pakistan, Bosnia-Herzegovina To Boost Economic, Trade Cooperation

ISLAMABAD, Nov 5 (NNN-APP) – Pakistani Prime Minister, Imran Khan, and Chairman of the presidency of Bosnia-Herzegovina, Sefik Dzaferovic, yesterday agreed to further mutual cooperation in various fields, especially in economic activities, trade and investment, and science and technology, the Pakistan Prime Minister’s Office, said. The Pakistani prime minister exchanged…

AirAsia X accommodates Malaysia Airports, will not be intimidated

KUALA LUMPUR, Nov 5 (NNN-BERNAMA) — AirAsia X Bhd has submitted a revised restructuring scheme to seek the convening of a court-sanctioned meeting for all creditors to vote on the terms of the restructuring.  In a statement Wednesday, it said pursuant to its announcement of the scheme of Oct 6, Malaysia Airports…
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