Bank Negara’s Reserves At RM414.5 Billion

KUALA LUMPUR, Nov 21 – The international reserves of Bank Negara Malaysia (BNM) amounted to RM414.5 billion (equivalent to US$126.6 billion) as at November 14, 2014. “The reserves position is sufficient to finance 8.7 months of retained imports and is 1.1 times the short-term external debt,” BNM said in a statement

Ringgit Closes Lower Against US$

KUALA LUMPUR, Nov 21 – The ringgit closed lower against the US dollar for the third consecutive days yesterday as demand for the Asian emerging currencies remained weak, dealers said. The domestic currency was quoted at 3.3660/3675 in contrast to the 3.3590/3610 recorded at Wednesday’s closing. The ringgit was slightly

Flood Victims In Terengganu Rise To 5,550

KUALA TERENGGANU, Nov 21 – The number of flood victims in Terengganu being moved to flood evacuation centres have risen to 5,550 this morning from 4,813 last night. Terengganu National Security Council acting secretary Roslina Ngah in a statement said five districts were affected by floods that entered the fourth day as

PR1MA Buyers To Get Guaranteed Financing

PETALING JAYA, Nov 21 – Prospective buyers of 1Malaysia People’s Housing (PR1MA) homes can expect guaranteed financing to buy them. The scheme will enable buyers, who were successful in the balloting, the option to get their own financing or choose from PR1MA panel bankers, said PR1MA Corp Malaysia chief financial

Muhyiddin Launches YSS Mission To Kapit Today

PUTRAJAYA, Nov 21 – Deputy Prime Minister Tan Sri Muhyiddin Yassin today sent off 30 volunteers from local universities to join a community mission to rural areas in Kapit, Sarawak. Participants of the mission organised by the Student Volunteer Foundation (YSS) will set up camp at Kampung Tunoh, located about 210

Obama: ‘You Can Come Out Of The Shadows’

WASHINGTON, Nov 21 – President Barack Obama is ordering the most sweeping overhaul of the immigration system in decades, despite Republican claims he is acting illegally by moving unilaterally to shield five million undocumented immigrants. Obama rejected accusations by conservatives that he is offering a free pass to undocumented immigrants and

Public Urged To Avoid Speculating On Flight MH17

KUALA LUMPUR, Nov 21 – The media should wait for a full report from the Dutch-led team investigating the Malaysia Airlines Flight MH17 tragedy, instead of using unfounded speculation from “so-called sources”, said Ukrainian Ambassador to Malaysia, Ihor Humennyi.  This is to avoid confusing the people and disrupt investigations due to the sensitivity and serious

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