Malaysian central bank governor resigns

Malaysia's central bank governor Muhammad Ibrahim submitted his resignation, Prime Minister Mahathir Mohamad has said.
Malaysian central bank governor resigns ảnh 1Malaysia's central bank governor Muhammad Ibrahim (Source: Bernama)
Hanoi (VNA) – Malaysia's central bank governor Muhammad Ibrahimsubmitted his resignation, Prime Minister Mahathir Mohamad has said.

Speaking at a press conference on June 6, the PM said Ibrahim’sreplacement hasn’t been decided on as King Sultan Muhammad V needs to give hisapproval. The Government will meet the king as soon as possible for theappointment of a new central bank governor.

Former deputy central bank governor Nor Shamsiah Mohd Yunus is amongcandidates to replace him, according to some sources.

Muhammad Ibrahim, a Harvard University graduate, was appointed as centralbank governor in May 2016.

He resigned amid the Malaysian Government’s investigation into state development fund 1Malaysia Development Berhad (1MDB).

Also on June 6, newly appointedattorney-general Tommy Thomas told reporters on his first day in office that hewill institutecriminal and civil action over the graft scandal at 1MDB.-VNA
VNA

See more

Senior citizens in Paltok Elementary School in Quezon City cast their votes, with the help of their relatives on May 12. (Photo: tribune.net.ph)

Philippines holds midterm elections

About 163,000 police officers have been deployed nationwide to ensure security at polling stations, in coordination with the military, fire brigades and other support units. In addition, the government has extended the early voting period for the elderly and people with disabilities, starting at 5 am on May 12.

Thailand aims to reduce workplace accidents

Thailand aims to reduce workplace accidents

The "Safety Thailand" vision is to cut severe work-related injuries from 2.13 persons at present to no more than one per 1,000 workers, and fatalities from 5.3 to a maximum of three per 100,000 workers by 2030.

Thailand marks progress in cross-border cyber fraud crackdown

Thailand marks progress in cross-border cyber fraud crackdown

The "3 Cuts" strategy, including cutting electricity, fuel, and internet access to five locations along the Thailand - Myanmar borders where many scam centres are located, led to a significant reduction in call centre activities along key border areas.

Malaysian Deputy Minister of Investment, Trade and Industry Liew Chin Tong (Photo: BERNAMA)

Malaysia develops data centres to become technology nation

Addressing an event to launch Data Centre Nexus 2025 on May 8, Liew said that data centres could become the largest off-takers to boost local technologies, helping the country achieve its industrial and energy transition aspirations by adopting a “whole-of-value-chain” investment approach.

At a policy meeting with senior officials on May 7, the Thai Prime Minister called for collaboration among related bodies to enhance the value of agricultural products (Photo: Bangkokpost)

Thailand calls for farm price stability

Thai Prime Minister Paetongtarn Shinawatra encouraged the acceleration of the "Thai Select" initiative, which certifies high-quality Thai products to promote exports, particularly to assist Thai restaurants abroad in using quality Thai ingredients, which benefits farmers' incomes.

Philippines aims to become 2-trillion-USD economy by 2050

Philippines aims to become 2-trillion-USD economy by 2050

The Philippines’ economic transformation will be driven by initiatives that promote new growth drivers while strengthening existing sectors, with private sector involvement playing a key role, particularly in infrastructure and investments that will deliver lasting impact and shared prosperity.

Malaysia takes actions to retain talents

Malaysia takes actions to retain talents

Economist Prof Geoffrey Williams from the Malaysia University of Science and Technology held that the main reasons are the lack of job opportunities in Malaysia for high-skilled graduates, poor career development and limited promotion prospects.