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Apurva Sanghi says both domestic and external factors back the upgraded growth forecast as the global economy is doing much better.

The investment will be structured through a share purchase from KV Asia, a leading private equity fund focused on mid-market investments across Southeast Asia.

Sanghi noted that over 80 per cent of Malaysia's exports and 80 per cent of imports are invoiced in the US dollar.

The Malaysian economy is doing reasonably well in the face of global challenges, according to World Bank Group lead economist for Malaysia, Dr Apurva Sanghi.

The GST is better than the SST because the GST widen a country's tax base and brings in more revenue, said the World Bank Group lead economist Dr Apurva Sanghi.

The World Bank has revised Malaysia's economic growth projection to 3.3 per cent in 2021, down from the 4.5 per cent forecast in June.

BN candidate Datuk Amar Jamilah Anu defeated Parti Reformasi Negeri Sarawak's (STAR) Johnny Aput and Rapelson Richard Hamit from Parti Bansa Dayak Sarawak (PBDS) Baru, by a majority of 6,443 votes.

Malaysia Airlines said the aircraft, which departed from KLIA at 10.10 pm yesterday, was forced to turn back when its auxiliary power unit (APU) was unable to start.

This was because the opposition votes would be split, hence causing the two opposition candidates to lose their deposit money.

It involves BN's Datuk Amar Jamilah Anu, Rapelson Richard Hamit from PBDS Baru and Johnny Aput (Star).

The head of the Catholic Church in Guam was Wednesday forced to publicly defend himself from accusations of sexual abuse, describing the allegation as part of an ongoing "malicious" attack.

The tumultuous political circus that is Pakatan Rakyat has yet to end. The love-hate relationship between PAS and DAP, their history as well as their apparent 'final destination'.

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.