ID :
167511
Fri, 03/11/2011 - 13:47
Auther :
Shortlink :
https://oananews.org//node/167511
The shortlink copeid
M'sia will feel the impact if Japan's economy suffers from quake
JITRA (Kedah, Malaysia), March 11 (Bernama) -- Malaysia's economy will feel
the impact if Japan's economy suffers a severe blow from today's powerful
earthquake that struck downtown Tokyo, shaking buildings in the capital city.
International Trade and Industry Deputy Minister Mukhriz Mahathir said
Japan was Malaysia's significant trade partner and had huge investments in the
country.
"When a disaster of this magnitude happens, it will to a certain extent
affect Japan's economic position and Malaysia too will feel the pinch.
"I hope the Japanese can restore the situation as quickly as possible so
that the impact on the global economy is not that serious," he told reporters
after here Friday.
A powerful earthquake, measuring 8.9 on the Richter scale, struck downtown
Tokyo at about 2.50pm, shaking buildings in the capital city for several minutes
and forcing people out of their homes. Tsunami warnings were issued.
Many people rushed out of buildings, construction cranes atop buildings
under construction swayed and some children were seen crying on the streets.
Train services stopped in Tokyo, long queues were seen at taxi stands, and
power was cut off in some prefectures like Chiba and Ibraki.
Mukhriz said he did not know the fate of Malaysian companies operating in
Japan and Malaysian students studying there.
The deputy minister said although earthquakes and tsunami were normal
occurrences in Japan but "8.9 is a big figure. I pray all of them are safe...I
also want to know what is their situation there."
As a close trade partner, Malaysia should extend whatever form of assistance
needed by Japan to help ease the burden in the aftermath of the earthquake.
"If they need any form of help, we are prepared to send humanitarian
mission," he added.
The aftershocks of the earthquake were felt by people in Labuan island and
Sabah state and they have been advised to stay away from beaches due to rough
sea conditions and high waves between 6pm and midnight.
The Meteorological Services Department said choppy waters were expected as
the earthquake struck 4,434km north-east of Kudat in the east Malaysian state of
Sabah.
the impact if Japan's economy suffers a severe blow from today's powerful
earthquake that struck downtown Tokyo, shaking buildings in the capital city.
International Trade and Industry Deputy Minister Mukhriz Mahathir said
Japan was Malaysia's significant trade partner and had huge investments in the
country.
"When a disaster of this magnitude happens, it will to a certain extent
affect Japan's economic position and Malaysia too will feel the pinch.
"I hope the Japanese can restore the situation as quickly as possible so
that the impact on the global economy is not that serious," he told reporters
after here Friday.
A powerful earthquake, measuring 8.9 on the Richter scale, struck downtown
Tokyo at about 2.50pm, shaking buildings in the capital city for several minutes
and forcing people out of their homes. Tsunami warnings were issued.
Many people rushed out of buildings, construction cranes atop buildings
under construction swayed and some children were seen crying on the streets.
Train services stopped in Tokyo, long queues were seen at taxi stands, and
power was cut off in some prefectures like Chiba and Ibraki.
Mukhriz said he did not know the fate of Malaysian companies operating in
Japan and Malaysian students studying there.
The deputy minister said although earthquakes and tsunami were normal
occurrences in Japan but "8.9 is a big figure. I pray all of them are safe...I
also want to know what is their situation there."
As a close trade partner, Malaysia should extend whatever form of assistance
needed by Japan to help ease the burden in the aftermath of the earthquake.
"If they need any form of help, we are prepared to send humanitarian
mission," he added.
The aftershocks of the earthquake were felt by people in Labuan island and
Sabah state and they have been advised to stay away from beaches due to rough
sea conditions and high waves between 6pm and midnight.
The Meteorological Services Department said choppy waters were expected as
the earthquake struck 4,434km north-east of Kudat in the east Malaysian state of
Sabah.
