The ringgit is expected to trade higher against the US dollar as the interest rate differential seems to favour the ringgit, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. He said Bank Negara Malaysia (BNM) is likely to maintain the overnight policy rate (OPR) at 3 percent throughout next year and…
Donald Trump will make a remarkable return to power following his US presidential election victory Tuesday over Kamala Harris, but his inauguration is still two and a half months away. Several steps remain before he receives the White House keys, including congressional certification of the election results, the formality that Trump supporters sought to disrupt…
Dr. Thian Lok Boon The World Bank has projected that Malaysia is on track to become a high-income nation by 2028 a milestone fuels Malaysia’s ambitions to become not only prosperous but also inclusive and sustainable, as mentioned in its 12th Malaysian Plan 2021-2025. This raises an important question: What talents do Malaysia urgently need…
A senior fellow of the Regional Economic Studies Programme, and Co-coordinator of the Malaysia Studies Programme, ISEAS – Yusof Ishak Institute pointed out that the government’s plans to impose differential petrol prices raised more fundamental issues. “First, Malaysia should not lose sight of the underlying sustainability and climate crisis mitigation objectives of fuel subsidy rationalisation….
Home Affairs Minister Senator Datuk Seri Saifuddin Nasution Ismail clarified that his ministry would like to have a house arrest law due to overcrowding and it would be limited to those who have been remanded. “We have already obtained the approval of the Cabinet.. We will discuss with the Attorney General’s Chambers on the matrix…
Acknowledging the responsibilities of Malaysia as the chair of ASEAN next year, Prime Minister Datuk Seri Anwar Ibrahim said that the focus would be on inclusivity, sustainability and partnerships. “Hence, our chairmanship theme of ‘Inclusivity and Sustainability’ in 2025 reflects a vision of Asean where all members, regardless of size or economic capacity, benefit from…
Australia Prime Minister Anthony Albanese said today the government would legislate for a ban on social media for children under 16, a policy the government says is world-leading. “Social media is doing harm to our kids and I’m calling time on it,” Albanese told a news conference, Reuters reported. Legislation will be introduced into parliament…
Malaysia has never blocked the usage of trade and banking facilities by the Myanmar junta government. It would also not pressure ASEAN member nations to do so, said Foreign Minister Datuk Seri Mohamad Hasan. “This is because of the non-interference policy which is one of the core characteristics in the formation of ASEAN is in…
Under the Revision of Sentence of Death and Imprisonment for Natural Life (Temporary Jurisdiction of The Federal Court) Act 2023, the number of prisoners who was sentenced to death have been reduced tremendously. The number of individuals sentenced to death for the first time since January 1 until October 14 2024 based on the courts…
Donald Trump appears to be returning to the White House as the new President of the United States. Channel News Asia reported that Trump who represents Republicans has already gained 211 out of 270 electoral votes to be the new president. Vice President Kamala Harris of the Democrats is behind Trump with 165 electoral votes….
