KualaLumpur (VNA) - The Malaysian central bank, Bank Negara, said onAugust 21 that its foreign reserves stood at 104.2 billion USD as of August 15.
The figure was 300 million USD lower that the 104.5 billion USD recorded by July31.
In its statement, the central bank said that the reserves are sufficient tofinance 7.6 months of retained imports.
Earlier, Fitch Ratings has affirmed Malaysia's long-termforeign-currency issuer default rating (IDR) at "A-" with a stableoutlook.
The rating agency said that theoutlook is supported by solid economic growth and a net external creditorposition built up from a record of current-account surpluses.
Fitch has also raised its estimate ofMalaysian central government debt at end-2017 to around 65 percent of grossdomestic product (GDP), from 50.8 percent predicted in late 2017, following thegovernment's recognition that it will need to service a large share ofexplicitly guaranteed debt.
It expects Malaysia's GDP growth toslow to 5.2 percent in 2018, 4.8 percent in 2019 and 4.6 percent in 2020, from5.9 percent in 2017, as the government seeks to constrain recurrent spending inline with its narrower revenue base.
Recently, Bank Negara also reviseddown the country’s growth forecast this year to 5 percent, after its grossdomestic product (GDP) in the second quarter came in sharply below itsexpectation.
🐼 At a press briefing toannounce the latest GDP data, the central bank's governor, Nor Shamsiah MohdYunus, said the first half GDP growth of 4.9 percent was lower thanexpectation, so the bank has revised down its full year growth to reflectrecent global tensions.-VNA
The flows of foreign direct investment (FDI) in Malaysia fell 12.77 percent year-on-year to 41 billion ringgit (10.09 billion USD) in 2017, after reaching a new high of 47 billion ringgit in the previous year, the Department of Statistics Malaysia reported.
The Malaysian Central Bank on August 17 revised down the country’s growth forecast this year to 5 percent, after its gross domestic product (GDP) in the second quarter came in sharply below its expectation.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
Bank Negara Malaysia (Source: nst.com.my) 
