JAKARTA (CNA) – Indonesia and Malaysia will start planning for a travel corridor amid COVID-19, said the foreign ministers of both countries during a joint press conference yesterday. In a virtual press briefing, Indonesian Foreign Minister Retno Marsudi noted that from January to August this year, the trade value between both countries was USD13 billion. […]
Read MoreKUALA LUMPUR, Oct 19 — Malaysia’s retirement system has been ranked third in Asia and 23rd globally despite a slight decrease in the country’s overall index value from 60.1 in 2020 to 59.6 in 2021, the 13th annual Mercer CFA Institute Global Pension Index (MCGPI) revealed. The study of 43 retirement income systems across the globe, […]
Read MorePETALING JAYA: Although the domestic economy is poised for a stronger expansion next year, there are potential headwinds that should not be discounted which may hamper its growth. Among them are the transition into the endemic phase of Covid-19 which could pose a health risk, a slowdown in the global economy due to supply chain […]
Read MoreJOHOR BARU, Oct 18 — The full reopening of the borders between Malaysia and Singapore will see a revival of Johor’s domestic economy that has been hit due to Covid-19, said the South Johor Hawkers and Petty Traders Association today. Its chairman Datuk Yow Boon Choon said that prior to the Covid-19 pandemic, Singaporean shoppers […]
Read MoreKUALA LUMPUR, Oct 15 — The Information and Communications Technology (ICT) industry registered a 10.4 per cent growth in 2020, valued at RM320 billion, compared with 7.3 per cent in the previous year, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the ICT industry had shown positive growth despite the country having to face bitter challenges […]
Read MoreKUALA LUMPUR, Oct 14 — The ringgit opened higher against the US dollar today on improved buying momentum for the domestic unit. At 9.08am, the local note advanced to 4.1500/1530 versus the greenback from Wednesday’s close of 4.1590/1610. ActivTrades trader Dyogenes Rodrigues Diniz said more than 75 per cent of the Malaysian population has received at least one shot of Covid-19 vaccine and the number of new infection cases […]
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