Malaysia

Malaysia Urges Countries To Resume Support For UNRWA

PUTRAJAYA, April 24 (Bernama) – Malaysia has urged countries that suspended their contributions to resume their support for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). The agency serves as a vital lifeline for the besieged Palestinians, according to the Foreign Ministry.

In a statement, the ministry widely known as Wisma Putra said Malaysia welcomed the decision by several countries to resume their contribution to UNRWA.

Malaysia Expresses Disappointment Over Veto Blocking Palestine’s UN Membership

KUALA LUMPUR, April 19 (Bernama) — Malaysia has expressed deep concern and disappointment after a veto was exercised to block the United Nations Security Council (UNSC) from admitting Palestine as a full member of the United Nations on April 18.

In a statement issued by Malaysia’s Foreign Ministry on Friday, this came despite a clarion call from an overwhelming majority of UN-member states.

Malaysia disappointed over U.S. veto on Palestine's UN membership

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.

IMF Revises Malaysia’s 2024 GDP Higher To 4.4 pct

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.

Asia-Pacific’s Prosperity Lies In Peaceful Co-Existence Not Harmful Bloc Politics says Russian Official

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.

Malaysia’s Market Potential Drives Continued US Investments – Ambassador

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.

Malaysia-Canada Bilateral Trade Up 25 pct Post-CPTPP

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.

Malaysia's capital market posts 5.6 pct growth in 2023

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.

Malaysia willing to revisit MH370 case – PM Anwar

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.

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