Malaysia

KUALA LUMPUR, June 17 (NNN-Bernama) — A total of 142 foreign nationals were detained in the Op Flora which was carried out in a 12-hour operation conducted in two separate operations around Subang Jaya and Gombak.

The operation carried out by the Criminal Investigation Department (CID) of the Selangor Contingent Police Headquarters began at 12.30 am until 12.30 noon Sunday was led by Selangor CID Chief SAC Fadzil Ahmat.

KUALA LUMPUR, June 17 (NNN-Bernama) — Malaysians should brace for tough times ahead as the economy is facing real problems amid an intractable external situation which is deteriorating almost on a daily basis, warns a prominent economist.

Dr Jomo Kwame Sundaram, a senior advisor at Khazanah Research Institute, said many of these problems are beyond the control of the Malaysian government and the people need to prepare themselves for hard times ahead.

4 June 2019; DW: Malaysian Prime Minister Mahathir Mohamad has suggested that East Asia should consider a common trading currency backed by gold, saying the current foreign exchange system tied to the US dollar was prone to manipulation.

The Malaysian leader said the currency could be used for regional trade and would not be used for domestic transactions.

KAJANG, Malaysia (AP) — The Vietnamese woman who was tried for the killing of the estranged half brother of North Korea’s leader was released from a Malaysian prison and was planning to return home later Friday, her lawyer and an embassy translator said.

Doan Thi Huong’s release likely closes the case, since four North Koreans named as co-conspirators in the 2017 slaying are not in custody. Malaysian officials never officially accused North Korea and made it clear they didn’t want the trial politicized.

KUALA LUMPUR, April 24 (Xinhua) -- The World Bank on Wednesday maintained Malaysia's 2019 gross domestic product (GDP) growth forecast at 4.7 percent, but warned of the risks emanating from uncertainty in the external environment and increased fiscal reliance on oil-related proceeds might drag the growth.

The international financial institution said in its April 2019 edition of the World Bank East Asia and Pacific Economic Update, private consumption will continue to be the main driver of Malaysia's growth, albeit expanding at a more measured pace.

PUTRAJAYA, Malaysia (AP) — Prime Minister Mahathir Mohamad said Monday a Chinese company building a rail link across peninsula Malaysia will jointly help to manage, operate and maintain the network that will help reduce the country’s financial burden.

KUALA LUMPUR, April 8 (Xinhua) -- Singaporean Prime Minister Lee Hsien Loong arrived in Malaysia on Monday for a working visit.

The visit is in conjunction with the 9th Malaysia-Singapore Leaders Retreat, an annual event held alternately in Malaysia and Singapore, and is the first between Lee and incumbent Malaysian Prime Minister Mahathir Mohamad, the Malaysian foreign ministry said in a statement.

KUALA LUMPUR, April 6 (Xinhua) -- Malaysia and Singapore reached an agreement on settling an airspace dispute on Saturday after several months of negotiations.

According to a statement by Malaysian Transport Minister Anthony Loke Siew Fook and his Singaporean counterpart Khaw Boon Wan, Singapore will withdraw the Instrument Landing System (ILS) procedures for its Seletar Airport and Malaysia will indefinitely suspend its permanent Restricted Area (RA) in Pasir Gudang town in Johor state, which neighbors Singapore.

Tehran, April 3, IRNA - Capable of delivering precision bombardment, the weirdly shaped Chinese helicopter drone Blowfish A2 sparked interest from many countries' militaries following its flight demonstration at the 15th Langkawi International Maritime and Aerospace Exhibition (LIMA) in Malaysia, the drone's manufacturer said.

KUALA LUMPUR, Malaysia (AP) — Malaysia’s government said Wednesday that a luxury yacht allegedly bought with money stolen from a troubled state investment fund will be sold to casino operator Genting Berhad for $126 million, half its original price.