Malaysia

KUALA LUMPUR, April 19 (Xinhua) -- Malaysia on Friday expressed its disappointment over a U.S. decision to use its veto to deny Palestine's full membership in the United Nations.

It also called into question the sincerity of the United States to realize the inalienable rights of the Palestinians, including their right to self-determination, the Foreign Ministry said in a statement.

KUALA LUMPUR, April 17 (Bernama) — The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic product (GDP) by a notch to 4.4 per cent this year from its earlier prediction of 4.3 per cent.

Malaysia’s economy expanded by 3.7 per cent in 2023.

In its latest World Economic Outlook (WEO) entitled “Steady but slow, resilience amid divergence”, IMF predicted the GDP growth to remain at 4.4 per cent in 2025.

It projected Malaysia’s current account balance at 2.4 per cent in 2024 and 2.7 per cent in 2025.

31 March 2024; MEMO: Police in Malaysia have arrested three people suspected of supplying firearms to an Israeli passport holder, who was detained earlier this week at a hotel in Kuala Lumpur.

KUALA LUMPUR, Mac 30 (NNN-BERNAMA) – Asia-Pacific’s prosperity lies in peaceful co-existence not harmful bloc politics, as championed by some seeking to use the region as part of a confrontational strategy, a Russian official said here, yesterday.

KUALA LUMPUR, April 1 (Bernama) — The United States (US) Ambassador to Malaysia Edgard D. Kagan has expressed confidence in the continued investments of American firms in Malaysia, attributing their interest in the country’s market potential and its integration into global trade networks.

He underscored the enduring economic partnership between the US and Malaysia and highlighted the significant investments and job opportunities generated by American companies in the region.

KUALA LUMPUR, March 25 (Bernama) — Malaysia and Canada have shared diplomatic ties for nearly 66 years, and via the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), bilateral trade rose by 25 per cent.

Malaysia is also Canada’s country coordinator for Asean this year. Malaysia will be the Asean chair in 2025.

Canada’s Export Promotion, International Trade and Economic Development Minister Mary Ng said it is great to see some of the numbers.

KUALA LUMPUR, March 25 (Xinhua) -- Malaysia's capital market remained resilient in 2023, with the market size growing 5.6 percent to 3.8 trillion ringgit (800 billion U.S. dollars) in 2023 from 3.6 trillion ringgit in 2022, official data showed Monday.

The Securities Commission Malaysia (SC) said in a statement that the increase was driven by the growth of total equity market capitalization and bonds and sukuk outstanding.

Sukuk is an Islamic financial certificate that complies with Islamic religious law commonly known as Sharia.

MELBOURNE, March 4 (Bernama) — Prime Minister Anwar Ibrahim said Malaysia is willing to reopen the investigation into the missing Malaysia Airlines flight MH370 should fresh and compelling evidence emerge.

“On the 370, we have taken a position that if there is compelling case evidence that needs to be reopened, we will certainly do so.

KUALA LUMPUR, Jan 16 (NNN-BERNAMA) – Malaysian authorities said yesterday, they had seized 528 kg of drugs worth 19 million ringgit (4.06 million U.S. dollars) hidden in a forest reserve in Perlis state, near the border with Thailand.

Four suspects had been arrested in connection with the case, with four vehicles and seven motorcycles seized as well, Bukit Aman Narcotics Crime Investigation Department (NCID) director, Mohd Kamarudin Md Din said.

KUALA LUMPUR, Jan 14 (NNN-Bernama) — The 60th anniversary of diplomatic relations between Turkiye and Malaysia this year holds more significance than merely a numerical milestone.

Turkish Ambassador to Malaysia Emir Salim Yuksel, emphasised that it stands as a solid reaffirmation of both countries’ dedication to expanding cooperation in various areas.