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Malaysia to recruit 500,000 migrant workers

Malaysia to recruit 500,000 migrant workers
07 April, KATHMANDU: Employment-providing companies in Malaysia have demanded around 500,000 foreign migrant workers. With the Coronavirus pandemic subsiding and economic activities gradually gaining momentum, Malaysia is making preparations to recruit a huge number of foreign migrant workers. The Prime Minister of Malaysia, Yaakob, had announced that a minimum salary of a worker in the country would be 1,500 ringgit... Read More

NRB suggests to reduce petroleum imports

NRB suggests to reduce petroleum imports
07 April, KATHMANDU: Nepal Rastra Bank, which is also the economic advisor to the government, has suggested to reduce the import of petroleum products by more than half. The central bank has given such suggestions while sending written suggestions to the Ministry of Finance on April 3 regarding the current state of the economy. In the 4th point of the... Read More

Malaysian PM sworn in as scandal-hit party reclaims leadership

Malaysian PM sworn in as scandal-hit party reclaims leadership
KUALA LUMPUR, August 21 : A new Malaysian leader was sworn in Saturday following the previous government’s collapse, reclaiming the premiership for his scandal-mired party without an election. Ismail Sabri Yaakob is a stalwart of the United Malays National Organisation (UMNO), the lynchpin of a long-ruling coalition that lost power in landmark elections during the multi-billion-dollar 1MDB graft scandal in... Read More

Malaysian King to appoint new PM, asks political leaders to work together 

Malaysian King to appoint new PM, asks political leaders to work together 
KUALA LUMPUR, Aug. 18 (Xinhua) : Malaysia’s King Sultan Abdullah Sultan Ahmad Shah has urged political parties to work together against a dire situation the country is facing as he weighed on the candidates of the new prime minister. The National Palace said in a statement on Wednesday that Sultan Abdullah met with the heads of major political parties on... Read More