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Malaysia – Survey: Open or close for business, SMEs still reeling financially from effects of movement control order

KUALA LUMPUR, May 22 — Even as restrictions were eased to allow selected economic sectors to operate, a survey done among local service-based small and medium-sized enterprises (SMEs) showed how these entities, despite resuming operations, are still facing financial strains and inconsistent market demand triggered by measures taken to contain the Covid-19 outbreak. The study […]

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Malaysia: Prices of basic goods dipped lowest in April since last year; fuel records sharpest drop

KUALA LUMPUR, May 20 — Malaysia’s consumer goods price inflation dropped 2.9 percentage points in April compared to the same period last year, with fuel recording the sharpest drop, official figures released showed today. The Department of Statistics’ latest inflation data marks the lowest monthly year-on-year consumer price index rate, but was expected as the […]

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