East Asia needs new economic model says PM
Malaysia’s Prime Minister Najib Razak says that East Asia needs a new economic model. “It is important to have new growth sources which will create a larger middle class and higher social income net,” he said. He added that the role of East Asia is growing in importance as it is helping in the recovery process of the global economic situation.
October 30th, 2009
Malaysia and Indonesia should work together says Najib
Malaysia and Indonesia should work together to play a bigger role in the region, on issues such as the economy, climate change, disaster management and regional security, Malaysia’s Prime Minister Razak Najib told an Indonesian TV station.
October 30th, 2009
Malaysia sixth in Asia for corporate social responsibility
Malaysia is sixth among the top 10 Asian countries that are focusing on corporate social responsibility (CSR) according to a survey carried out by CSR Asia. Australia was in first place followed by China and Hong Kong. In a statement CSR Asia said that leading companies in the Asia Pacific region had shown an increased level of CSR disclosure, especially in the area of corporate governance. Overall, Malaysia scored 59.6 per cent for governance, codes and policies, 23.4 per cent for CSR strategy and communication, 34 per cent for marketplace and supply chain, 27.3 per cent for workplace and...
October 30th, 2009
Malaysia Airlines number 8 in world rankings
Malaysia Airlines is number 8th in the Top Airlines, Worldwide Category in a poll by Smart Travel Asia. The national carrier is tied with Lufthansa in 8th position. “We are delighted to receive the recognition and once again we are among the world’s top 10 best airlines,” Malaysia Airlines managing director and chief executive officer Datuk Azmil Zahruddin said.
October 30th, 2009
Malaysia’s first Harvard scholar takes up place
The first Malaysian to be awarded a scholarship by the University of Harvard in the US, Tunku Dr Sharifah Elizah Cornelia Jamalullail, 29, is undertake a study in psychiatry. The scholarship, under the auspices of The Mahadevan Fellowship, enables Dr Sharifah Elizah to continue her studies at the Psychiatry Department, Massachusetts Hospital, which has been recognised as the world’s best hospital for 13 consecutive years. Dr Sharifah Elizah, who graduated from Guy’s Hospital, London, is particularly interested in aspects of patients’ healthcare and welfare.
October 30th, 2009
Malaysia to build power line to Indonesia
Tenaga Nasional, Malaysia’s biggest energy producer is to build a power line linking the country to Indonesia, its chief executive Che Khalib Mohamad Noh says. The 195 mile long, submarine cable will be operational by 2015. Malaysia already has connections to Thailand, Singapore, Laos and Myanmar.
October 30th, 2009
Malaysia to restore forest for orangutans
The government of eastern Sabah says that it will replant trees in a forest decimated by logging, in a bid to restore the natural habitat of endangered orangutans. The government of eastern Sabah has signed an agreement with the World Wildlife Fund to plant trees covering 2,390 acres over the next five years. The WWF says that orangutans, pygmy elephants, rhinoceroses, sun bears and other animals are at risk because loggers and plantations are taking over their natural habitat.
October 30th, 2009
Malaysia in top 50 for education in UNESCO report
Malaysia has been recognised as among the top countries most successful in providing access to education for all, Deputy Prime Minister Tan Sri Muhyiddin Yassin said. The United Nations Educational, Scientific and Cultural Organisation (Unesco) in its Education for All Global Monitoring Report 2009 rates Malaysia 45 out of 129 countries. But Deputy Prime Minister Tan Sri Muhyiddin Yassin says there is no room for complacency. “In the quest for development and prosperity, we must not only upgrade access to education but also expand access to quality education,” he said. The government...
October 30th, 2009
New Zealand and Malaysian trade to rise
Malaysia’s Prime Minister Najib Razak says that trade between New Zealand and Malaysia will increase further next year following the signing of a free trade agreement. “This year of course the trade number is going down as expected, but we are very confident that the figure will increase significantly next year,” the Prime Minister said. And he added, ”I hope the private sectors from both sides will really look at the advantage of the greater access. Not only Malaysian investors can tap into New Zealand’s market but New Zealand investors (can) look at Malaysia’s...
October 30th, 2009
Malaysia holds interest rate at 2.0 percent
Malaysia’s central bank, Bank Negara, has kept its interest rate at 2.0 percent because the global outlook remains uncertain. “As price pressures and inflationary expectations are expected to remain contained going forward, the assessment is that the current monetary policy stance is appropriate and will continue to provide support to economic activity,” the bank said in a statement. It added that there is strong evidence to suggest domestic conditions are improving. “These improvements are more broad-based and are reflected in stronger labour market conditions, consumer...
October 30th, 2009
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