New Finance Minister Zafrul gears up to tackle country’s economic challenges

Malaysia’s new Finance Minister Datuk Seri Zafrul. Graphics courtesy of BERNAMA. KUALA LUMPUR, March 10 (NNN-BERNAMA) — Tengku Datuk Seri Zafrul Tengku Abdul Aziz, who was sworn in as a senator following his appointment as the Finance Minister, today expressed his commitment to address the economic challenges facing the country.…

Malaysian Cabinet sees new specialised ministries

KUALA LUMPUR, March 10  (NNN-BERNAMA) — The new Cabinet formed by Malaysian Prime Minister Tan Sri Muhyiddin Yassin Monday saw the creation of a number of specialised ministries to meet current needs. It reflects the focus his new government administration will give on matters such as education, unity, the environment and issues relating to…

Mexico Can Withstand Drop In Oil Prices: President

MEXICO CITY, Mar 10 (NNN-PRENSA LATINA) – Mexico’s economy is strong enough to withstand the global drop in oil prices, and subsequent devaluation of the national currency, President Andres Manuel Lopez Obrador, said, on Monday. Oil prices and stock markets plunged early in the day, amid fears of the COVID-19,…

Updated: Malaysia’s PM announces Cabinet without DPM

KUALA LUMPUR, March 9 (NNN-BERNAMA) — Malaysia’s new Prime Minister Tan Sri Muhyiddin Yassin today announced his list of Cabinet members comprising 31 ministers, but for the first time in the country’s history, no name was listed for the post of Deputy Prime Minister. Instead, Muhyiddin announced four senior ministers, namely…

Australian Treasurer Flags 10-Billion-Dollar COVID-19 Stimulus

CANBERRA, Mar 9 (NNN-AGENCIES) – The Australian government confirmed a COVID-19 stimulus package, to support businesses affected by the COVID-19 outbreak, Treasurer, Josh Frydenberg, confirmed today. The “substantial” package, which could be worth up to 10 billion Australian dollars (6.4 billion U.S. dollars), is expected to be announced within a…

Azam Baki is Malaysia’s new anti-graft chief

KUALA LUMPUR, March 9 (NNN-BERNAMA) — Datuk Seri Azam Baki has been appointed as the new Chief Commissioner of the Malaysian Anti-Corruption Commission (MACC) effective today. The Prime Minister’s Office (PMO), in a statement, said the King, Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah had consented to Azam’s appointment in accordance with…

Relocation of Indonesia’s capital will impact Sarawak

KUCHING, Malaysia, March 9 (NNN-BERNAMA) — The relocation of Indonesia’s capital city from Jakarta to Kalimantan will have a major impact on Sarawak, especially its cross-border trade, said Deputy Chief Minister Amar Awang Tengah Ali Hasan. “Joint border development can be planned and we understand that there will be advantages and disadvantages to…

Sabah leads in empowering women – Shafie Apdal

KOTA KINABALU, March 9 (NNN-BERNAMA) — The Sabah government leads other states in empowering women as policy formulators and implementers, said Chief Minister Datuk Seri Mohd Shafie Apdal. He said Sabah had exceeded the national target of having 30 per cent women in leadership roles with 40 per cent of its senior government…

Brunei Sees Women Accounting For 42 Percent Of Labour Force

BANDAR SERI BEGAWAN, Mar 9 (NNN-BBNEWS) – Females account for 42 percent of the labour force, with the employment rate for women aged between 25 and 64, increasing from 87 percent in 2014 to 89 percent in 2018, Brunei’s Minister of Culture, Youth and Sports, Haji Aminuddin Ihsan, said. In…

ADEX Approves AED550 Million To Finance UAE Exports In 2020

ABU DHABI, Mar 8 (NNN-WAM) – The Executive Committee of the Abu Dhabi Exports Office, ADEX, approved the allocation of AED550 million ($150 million), to support the strategic expansion of the nation’s export businesses and continued diversification of the UAE economy. The announcement came during a meeting the committee held,…
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