Residents seen wearing masks while walking on a street in Kuala Lumpur, Malaysia. (Photo: XINHUA/VNA)
Kuala Lumpur (VNA) – Malaysia’s National RecoveryCouncil (NRC) has agreed to fully open the country’s borders in March tosupport the country’s economic recovery.
NRC Chairman Muhyiddin Yassin told a press conference on February8 that it agreed to the full opening of the borders as early as March 1 without theneed for mandatory quarantine.
However, he said, those entering Malaysia would have toundergo COVID-19 tests before and right after arriving into the country asrecommended by the Health Ministry.
Theopening of borders needed to be done accordingly and based on currentrisk assessment, Muhyiddin said. He also expressed his confidence that thecountry's public health system can control the number of daily infections basedon the past experiences.
In the context of the wave of Omicron variant that is strongly affectingMalaysia, causing the number of new COVID-19 infections daily to increasesharply to 5-digit levels, the Ministry of International Trade and Industry(MITI) reaffirmed that there will be no total lockdown of the economic andindustrial sectors again.
Senior Minister Mohamed Azmin Ali said the previousclosure of the economic sectors had a huge impact on the economy, especially onthe people, causing 826,000 to lose their jobs in the first three months of 2020when the government imposed a movement control order.
MITI will take a targeted approach by closing only theindustries affected and focusing on getting the employees vaccinated, he said.
Currently,Malaysia’s borders are only opened to foreigners on a case-to-case basis suchas emergencies, official business and other related matters.
The country alsohas had a quarantine-free vaccinated travel lane (VTL) arrangement with Singaporesince November last year and a Langkawi international travel bubble.
Malaysia logged13,944 new COVID-19 cases on February 8, raising the total number of infectionsto over 2.9 million, including 32,043 deaths. Almost 98 percent of adults in Malaysia have been fully vaccinated, while more than 53 percent of adults have received booster jabs./.
Malaysian Prime Minister Ismail Sabri Yaakob has given the government’s assurance that there will be neither travel ban nor Movement Control Order (MCO) during this year’s Hari Raya Aidilfitri, one of the biggest holidays in Malaysia.
Malaysia has outpaced other emerging Southeast Asia peers as the most attractive country for foreign direct investment in the 2022 Milken Institute Global Opportunity Index released on January 27, said the Malaysian Ministry of International Trade and Industry on January 28.
Bank Negara Malaysia (BNM) on February 4 forecast that the Malaysian economy will expand between 5.5 percent and 6.5 percent this year, underpinned by continued expansion in global demand and higher expenditure in private sector.
The Malaysian Ministry of International Trade and Industry (MITI) has assured that there will be no total lockdown of the economic and industrial sectors, amid the rising COVID-19 cases in the country.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.