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  • Malaysia moves up to 18th position in global competitiveness report +

    Malaysia has advanced two spots to 18th place out of 140 economies, consolidating its position among the world's top 20 most competitive economies, its highest ranking since 2005. The Global Competitiveness Report 2015-2016, unveiled by the World Economic Forum (WEF) today, ranked Malaysia in 18th spot with a score of 5.23 from the 20th place out of 144 countries last year. Malaysia also remains the highest ranked among developing Asian countries.International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the improvement in the ranking was a welcome news in the context of the challenging global environment. "This ranking is Read More
  • ASEAN Plus Three offer assistance to monitor transnational crime - Nur Jazlan +

    KUALA LUMPUR: ASEAN Plus Three countries have offered, among others, to share their sophisticated technologies, especially in surveillance and intelligence with the 10-member ASEAN in efforts to combat transnational crime in the region. Malaysia's Deputy Home Minister Datuk Nur Jazlan Mohamed said the matter was expressed by representatives from three countries, namely China, Japan and South Korea during the 7th ASEAN Ministerial Meeting on Transnational Crime (AMMTC) Plus Three Consultation here Wednesday. "They also offer assistance to train and exchange information through technology for effectiveness in tracing and combating transboundary crimes," he told a press conference after chairing the two-hour Read More
  • Langkawi Island, The Tourist Gateway To Malaysia's Kedah - Minister Mukhriz +

    MILAN (Italy), -- Malaysia's northern state Kedah would be using Langkawi island, already renowned throughout the world as a resort island, to promote the state's other tourism products, said Menteri Besar (Chief Minister) Mukhriz Mahathir. "When they (international community) know that Langkawi Island is located in Kedah, then they'll get interested in other tourism products in the state, such as Sungai Batu, Bujang Valley, Pedu Lake and Ulu Muda. "These are interesting spots and I think tourists from Europe want to see all that we can offer in Kedah," he said when met by Malaysian journalists after visiting the Malaysian Pavilion Read More
  • CIMB Bank And PETRONAS Commemorate Their Seventh Year Partnership +

    KUALA LUMPUR, Sept 24 (Bernama) -- CIMB Bank Berhad (CIMB Bank) and PETRONAS Dagangan Berhad (PDB), the domestic retail arm of PETRONAS, are pleased to announce that they have commemorated their seventh year partnership with the relaunch of CIMB PETRONAS MasterCard. With the newly enhanced card, cardmembers can enjoy up to 7% cash rebate when they use their CIMB PETRONAS MasterCard at all PETRONAS stations nationwide. Customers will get 3% cash rebate on PETRONAS spend in normal course. If their credit card statement balance is more than RM3,000, customers will get 7% cash rebates for PETRONAS spend. Additionally, customers will get Read More
  • Malaysian-born agent tasked to wooing Asian property investors +

    MELBOURNE: Real estate agency, Knight Frank, has tasked Malaysian-born Dominic Ong to capture the growing investment demand for Australian commercial property from Asia, particularly China. According to The Australian, Ong has been involved in commercial sales worth A$1 billion (RM3.07 billion) in the past year, with many buyers of investment and development sites being wealthy individuals. "I can picture that when we have a property, call it a A$10 million house, when we introduce it to our current database of a few thousand Chinese high-net worth investors, it is going to be well-received," Ong told the newspaper. Ong said many Read More
  • Najib arrives in New York to attend UN General Assembly Read more: +

    Malaysian Prime Minister Najib Abdul Razak arrived in New York yesterday on a working visit to attend the 70th session of the United Nations General Assembly. Najib and his wife Rosmah Mansor were greeted on arrival by, among others, Malaysian Foreign Minister Anifah Aman, Malaysian Ambassador to the United States Awang Adek Hussin and Malaysia’s Permanent Representative to the United Nations Ramlan Ibrahim. Najib is scheduled to participate in several high-level UN meetings before addressing the general assembly at the United Nations headquarters here on Oct 1. Malaysia is currently playing a significant role at the world body as a Read More
  • Halal Ingredients Asia 2015 Set To Give Industry A Boost +

    KUALA LUMPUR, -- Halal Ingredients Asia 2015, touted as Asia's first event platform for halal food and personal care ingredients industry, opened its doors on Monday. The three-day event represents the region's best gathering and market place for halal ingredient professionals and industry players in providing thought leadership to further accelerate and enhance the development of the industry. Halal Development Corp (HDC) Chief Executive Officer, Datuk Seri Jamil Bidin, said the event would focus on several components to give a whole new perspective and opportunities via a conference, exhibition and business-to-business (B2B) networking. "It will also enhance opportunities for trade and Read More
  • Matrade: Export Of Lifestyle Products To Improve 4-5 Per Cent This Year +

    KUALA LUMPUR, -- The Malaysia External Trade Development Corporation (Matrade) expects the exports of lifestyle products to improve between four and five per cent this year, said its Director Lifestyle Section Abu Bakar Yusof. He said this was achievable as Malaysian lifestyle brands have been accepted worldwide since 2011 while export figures grew up to 10 per cent annually. "Since 2011, Matrade has been actively promoting our local brands in this soft sector, therefore we urge local designers, be it in shoes, clothes and handbags, to tap into this market. "Our effort has started to show positive results, as can be Read More
  • Grand celebration to mark Taib’s first Head of State birthday +

    KUCHING: The Head of State’s birthday celebration this year is significant as it will be the first for new Yang Di-Pertua Negeri Tun Pehin Sri Abdul Taib Mahmud who took office on March 1. To mark the occasion an array of activities had been lined up from Sept 12 to 14. According to Tourism Minister Datuk Amar Abang Johari Tun Openg, apart from the three days of celebration, there would be a special appreciation dinner on Sept 20 at Borneo Convention Centre Kuching. “This appreciation dinner ‘Menjunjung Kasih Dari Rakyat’ is to show appreciation to the Tuan Yang Terutama Yang Read More
  • Shopper Saver’ handbook to help consumers make informed choices Read more: +

    ALOR SETAR: The Domestic Trade, Cooperatives and Consumerism Ministry (KPDNKK) has launched a new handbook called the ‘Shopper Saver’, to help consumers make informed choices before making purchases. Its deputy minister Datuk Seri Ahmad Bashah Md Hanipah said the handbook was published by KPDNKK and fully managed by IMPACWORKS Sdn Bhd. “We want consumers to be able to analyse the prices and quality of products before making a purchase to overcome the problem of price manipulation,” he told reporters. IMPACWORKS Sdn Bhd director, Rizal Rejab said for the first edition of the guide, some 20,000 copies had been printed for Read More
  • KMP To Be Annual Programme In Sabah +

    SANDAKAN, -- The Perdana Mathematics Camp (KMP) will be made an annual programme in the state to improve the mathematics skills of students here, said Sabah Youth and Sports Minister Datuk Tawfiq Abu Bakar Titingan. He said such programmes were important to prepare students to meet the state's future human resource needs especially in the field of science, technology, engineering and mathematics (STEM). "I hope it will encourage the students' interest in Mathematics as well as change negative perception towards the subject," he said at the closing ceremony of the KMP programme held at the Faculty of Sustainable Agriculture, Universiti Malaysia Read More
  • Malaysia To Ramp Up Exports, Says NEC +

    PUTRAJAYA, -- Malaysia aims to ramp up exports by implementing several initiatives under a strategic roadmap that, among others, involves deep collaborations between the public and private sectors, said National Export Council (NEC) said. In a statement after the meeting, the Ministry of International Trade and Industry (MITI) said this was among several decisions reached at the Third NEC meeting today in an effort to boost exports against the backdrop of a lacklustre global economy. Prime Minister Datuk Seri Najib Tun Razak chaired the meeting. In the first seven months of 2015, Malaysia's exports faced pressures like other regional countries due Read More
  • Najib meets captains of industry to discuss economy +

    PUTRAJAYA, — Prime Minister Datuk Seri Najib Razak held a high-profile business dialogue with 30 prominent chief executive officers (CEOs) here today to discuss the current economic situation. Najib, who is also Finance Minister, described the Business Leaders Dialogue as timely to seek views to overcome the current global economic challenges in Malaysia. The dialogue, among others, was to discuss immediate measures to restore confidence and stabilise the nation’s economy, he said. Among those present were AirAsia Group CEO Tan Sri Tony Fernandes, Telekom Malaysia Group CEO Tan Sri Zamzamzairani Mohd Isa, Public Bank Managing Director Tan Sri Tay Ah Lek Read More
  • Sarawak Fire And Rescue Department Ready To Put Out Fires In Kalimantan +

    SIBU, -- The Sarawak Fire and Rescue Department is ready to assist in putting out peat fires in Pontianak, Kalimantan, Indonesia if it is instructed to do so. Its assistant director (Operations), Farhan Sufyan Borhan said the crew which was very experienced in putting out extensive peat fires, and the equipment could be deployed there. He said that usually, about 100 crew members as well as portable pumps, water tanks and vehicles with a capacity of 22,000 litres of water would be sent to help put out fires. "Based on our experience in putting out peat fires in Indonesia in previous Read More
  • Budget 2016 may hold suggestions to aid Bottom-40 household +

    KUCHING: Hot on the heels of the announcement of pro-active measures to spur the economy, analysts at TA Securities Holdings Bhd (TA Research) believe that there will be further details in the coming Budget 2016 to increase income and the well-being of Rakyat, especially for the Bottom-40 (B-40) households. “While the budget proposals will focus on fiscal sustainability, we believe that the government will also propose policy measures to support private consumption and domestic demand amid rising uncertainty in the global market,” it said in a sector update on this issue. Although lower oil prices will increase consumers’ disposable income, Read More
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