Daily Archives: December 25, 2019

Strong earthquake hits Vancouver Islands, Canada

KUALA LUMPUR A strong earthquake of magnitude 6.0 on the Richter scale occurred near Vancouver Islands, Canada Region at 11:36 am (Malaysian time) today.Malaysian Meteorological Department, in a statement, said that the quake struck about 510km west fr...

Malaysia enters new era of economic momentum with Bandar Malaysia revival – IQI Global

KUALA LUMPUR The Pakatan Harapan (PH) government has sent a very clear message to local and global investors that it will continue to maintain macroeconomic stability to drive the economy forward, said IQI Global chief economist Shan Saeed.He pointed o...

NSI to explore collaboration opportunities with companies, foreign sports institutes in 2020

KUALA LUMPUR The National Sports Institute (NSI) plans to collaborate with several foreign sports institutes for exchange of expertise in sports sciences, especially from the Asian and European continents, next year.According to NSI chief executive off...

30 IPO listings on Bursa Malaysia in 2019, highest since 2006

KUALA LUMPUR Bursa Malaysia saw 30 new listings this year compared with 22 in 2018, the highest number since 2006 despite the challenging operating environment.Of the 30 new listings, four were on the Main Market versus two in 2018, 11

Malaysian banks fare well amidst fintech trends, global challenges

KUALA LUMPUR Malaysian banks have fared well in 2019 amidst financial technology (fintech) disruption that is reshaping the industry and external headwinds and uncertainties brought by, among others, Brexit and the trade spat between the United States ...

A perfect crosswind landing for aviation sector in 2019

The year saw the country's aviation sector square up to a string of challenges such as overcapacity in the region, rising cost, air-safety rating downgrade, airport system malfunction coupled with slower economic growth and volatile foreign exchange ra...

Sabah Floods: two PPS in Keningau opened with 95 victims

Two temporary evacuation centres (PPS) have been opened in Sook, Keningau to accommodate 95 flood victims from 19 families, yesterday.According to the Malaysian Civil Defence Force (APM) Sabah in a statement, the PPS were opened after two villages in S...

High pay among promises made by human trafficking syndicate

KUALA LUMPUR They are promised employment with high pay but in reality they are being confined and lured into forced labour and prostitution.This tactic is not new to the syndicate of trafficking in persons and smuggling of migrants in search

Pak Wan to cycle 600 kilometres to promote Malaysia, Kelantan

KOTA BHARU Senior citizen cyclist Wan Hashim Wan Mahmood, 73, today begins his 600 kilometres solo ride to southern Thailand to promote Visit Malaysia Year 2020 (TMM 2020) and Visit Kelantan Year 2020 (TMK 2020).Wan Hashim, or warmly called Pak

Malaysia eyes opportunity to send Islamic banking graduates to work abroad

KUALA LUMPUR Malaysia is looking for opportunities to send local Islamic banking graduates to work abroad, according to deputy finance minister Datuk Amiruddin Hamzah.Looking at the country's achievement after being crowned as the global leader in Isla...