ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain has said a joint television channel would be set up to promote media links between Pakistan, Turkey and Malaysia. “Focal persons have been named for media sharing, and the joint media network will be formed,” he said talking to media in Islamabad. Read more: Fawad urges … Read more
KARACHI: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed concern over the delay in the approval of “Small and Medium Enterprises Policy 2021” and stressed the need for speeding up the process of approving the new SME Policy after removing its flaws with a view to address … Read more
KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir has highlighted the issues and challenges of cyber-security faced by the banks, a statement said. He highlighted the issues in his keynote speech at the Islamic Financial Services Board (IFSB). Malaysia organised the 13th Public Lecture Series on the theme of “Sustainability and Cyber Resilience” … Read more
RIYADH: The US-based investment bank Citigroup has chosen favourable bidders for its consumer assets in Asian markets. The investment banking company chose Bangkok’s Bank of Ayudhya to buy its retail assets in Thailand, with an expected potential $2 billion deal to be negotiated in the coming weeks, Bloomberg reported. Citigroup has picked Singapore-based United Overseas Bank in … Read more
KUALA LUMPUR, Dec. 6 (Xinhua) — Malaysia reported 4,298 new COVID-19 infections as of midnight Sunday, bringing the national total to 2,658,772, according to the health ministry. Some 23 of the new cases are imported, with 4,275 being local transmissions, data released on the ministry’s website showed. Another 40 deaths have been reported, bringing the … Read more
Muslim-majority Malaysia is refusing to grant visas for Israeli players to participate in a major squash tournament next month, the sport’s governing body says, sparking anger in the Jewish state. It is the latest instance of the Southeast Asian nation, which has no diplomatic relations with Israel, attempting to bar athletes from the country. The World Team … Read more
BANGKOK: Golf’s Asian Tour returns after 20 months of pandemic inaction in Thailand this week, buoyed by a $200 million cash injection from Australian legend Greg Norman into 10 new lucrative tournaments from next year. When the $1 million Blue Canyon Championship tees off on Thursday on the idyllic Thai island of Phuket, it will … Read more
KUALA LUMPUR: The headline IHS Markit Malaysia manufacturing purchasing managers’ Index (PMI), a composite single-figure indicator of manufacturing performance, rose to 48.1 in September from 43.4 in August, showing downturn in Malaysian manufacturing sector eases in September. According to an IHS Markit survey on Friday, businesses signaled that the Malaysian manufacturing sector continued to be … Read more
KUALA LUMPUR: Malaysia’s exports rose 18.4 per cent to 95.59 billion ringgit ($22.85 billion) in August from a year ago, as exports to all major markets, Asean, China, the US, the European Union (EU), and Japan recorded a positive growth, official data showed on Tuesday. The export growth was contributed mainly by robust external demand … Read more
Economy KUALA LUMPUR: Malaysia is targeting a gross domestic product (GDP) growth between 4.5 per cent to 5.5 per cent/annum in 2021 to 2025, under its 12th five-year economic plan, unveiled by the government on Monday. The growth will be supported by strong domestic demand and a higher contribution from the external sector, it said. … Read more
After a months-long lockdown, 159 passengers boarded the first flight from Kuala Lumpur to Langkawi on Thursday for a vacation. On Thursday, the first plane carrying tourists in more than four months landed on the island of Langkawi, Malaysia, and was greeted by a double water cannon salute as part of a mission to resurrect … Read more
International Trade and Industry Minister of Malaysia, Mohamed Azmin Ali announced Tuesday that the government will begin treating Covid-19 as an endemic disease by the end of October. When the SARS-CoV-2 virus that causes the sickness becomes a permanent presence in the region and continues to circulate among people, it is said to be endemic. … Read more
KUALA LUMPUR: Malaysia marked the 64th anniversary of its independence on Tuesday, with a scaled-back celebration due to the ongoing Covid-19 situation in the country. The celebration, hosted in the country’s administration center of Putrajaya, was held under the new normal circumstances for the second year with various programs and a small scale parade of … Read more
KUALA LUMPUR: Malaysia’s King Sultan Abdullah Sultan Ahmad Shah has appointed former deputy prime minister Ismail Sabri Yaakob as new prime minister of the country, the national palace said on Friday. Ismail Sabri will succeed Muhyiddin Yassin, who resigned on Monday after losing majority support in the lower house of parliament. Ismail Sabri, 61, is … Read more
KUALA LUMPUR: Fitch Solutions Country Risk and Industry Research on Monday lowered Malaysia’s real GDP growth forecast this year to zero per cent from 4.9 per cent previously, to reflect higher risk for the third wave of Covid-19 infections. The Fitch unit said Malaysia’s second quarter economic growth fell far below its previous expectations. With … Read more
KUALA LUMPUR: Malaysian King Sultan Abdullah Sultan Ahmad Shah has accepted the resignation tendered by Prime Minister Muhyiddin Yassin and his cabinet, the national palace said on Monday. Sultan Abdullah also appointed Muhyiddin as the caretaker prime minister until his successor was chosen, the national palace said in a statement. In a televised address, Muhyiddin … Read more
Malaysia: Malaysia’s politics is on fire as the incumbent Prime Minister Muhyiddin Yassin decided to dissolve the parliament to prepare for the General Election 15 after losing the majority, however, the King Yang di-Pertuan Agong Sultan Abdullah of Pahang might refuse the dissolution request and appoint a new prime minister. The intense politicking or rather, … Read more
KUALA LUMPUR: Prime Minister Muhyiddin Yassin announced on Monday the lifting of restrictions only for fully vaccinated people in eight northern states of Malaysia. However, restrictions for the capital, Kuala Lumpur, and its surrounding has yet been announced, according to the statement issued by the Prime Minister’s office. The Malaysian prime minister has said that food and … Read more
LONDON: The Islamic Development Bank (IsDB) and Bloomberg LP will work together to deliver a financial education programme for university students in nine countries in the Middle East, Africa and Asia, WAM reported. The nine IsDB member countries involved in the programme are Bangladesh, Egypt, Kazakhstan, Kuwait, Malaysia, Nigeria, Oman, Saudi Arabia and Uzbekistan. IsDB … Read more
KUALA LUMPUR: Malaysian Prime Minister Muhyiddin Yassin defied on Wednesday mounting pressure to quit, saying he retained majority support among lawmakers and would prove it when the nation’s parliament reconvened next month, agencies reported. The biggest bloc in Muhyiddin’s ruling alliance, the United Malays National Organisation (UMNO), is split on its support for the prime … Read more
On Monday, Malaysian opposition lawmakers marched to the parliament building in Kuala Lampur to demand Prime Minister Muhyiddin Yassin‘s resignation after officials postponed the day’s meeting indefinitely to avoid the spread of Covid-19. With the main road cordoned off, opposition lawmakers began assembling by a field about a mile away before they walked to the … Read more
WASHINGTON: The International Monetary Fund (IMF) maintained its 6 per cent global growth forecast for 2021, upgrading its outlook for the United States and other wealthy economies but cutting estimates for a number of developing countries struggling with surging Covid-19 pandemic. The Fund has cut this year’s economic growth forecast for some Asia countries including India, … Read more
POCO will soon be releasing a new edition of the mid-range phone POCO X3. The teasers for POCO X3 GT are already up on POCO’s social media. The specifications and launch time has been mentioned but there are no previews of the phone. However, the rumor mill has leaked the product images ahead of the … Read more
Huawei Nova 8i is the newest smartphone to join the Nova 8 family. It already has four smartphones – Nova 8 5G, Nova 8 Pro 5G, and Nova 8 SE. The Huawei Nova 8i features a 6.67-inch FullHD+ LCD display. The display will be an “Edgeless Display” by Huawei, surrounded by 1.3mm bezels on the … Read more
Malaysia has announced a travel ban on citizens of Sri Lanka, Bangladesh, Pakistan, and Nepal. According to the media reports, the move followed a temporary ban on flights from and to India to stop a new Covid-19 variant from entering Malaysia. Senior Minister Ismail Sabri Yaakob, who announced the ban, however, did not state the … Read more
Nowadays, entertainment content on streaming portals like YouTube, Netflix, Amazon Prime and Disney Plus is just a click away and they can easily watch the programs of their choice. Similarly, when it comes to children’s programs, there are children’s cartoons and poems on YouTube and other sites, but at the local level, there is a … Read more
A Malaysian court has allowed Christians living in the country to say the word “Allah”. The Kuala Lumpur High Court overturned a law banning Christians from using the word “Allah” and allowed Christians to say “Allah” as well as “God”. According to the British media reports, the Malaysian court has given this decision on a … Read more
Prime Minister of Malaysia Dr Mahathir Mohamad has hit back at being named on Extremist List. He took to Twitter and wrote, “I have been named among the top 20 most dangerous extremists on earth, by a United States’ based website.” The former Malaysian premier went on saying, “The Counter Extremism Project website cites; “A … Read more
