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Malaysia: CPI down 0.2% in January

KUALA LUMPUR: Malaysia’s consumer price index recorded a year-on-year (y-o-y) decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year. On a month-on-month comparison, the CPI was 1.2% higher over December. Transport prices remained the leading laggard, falling 5.1% y-o-y while other declining sectors included housing, water, […]

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Moody’s Analytics: MCO 2.0 will impact Malaysia’s economic growth this year

KUALA LUMPUR: The second movement control order (MCO2.0) in key states with bustling economic activities will pose an impact on Malaysia’s economic growth this year, according to financial intelligence company Moody’s Analytics. Chief Asia-Pacific economist Dr Steve Cochrane said the MCO, which is currently being implemented in key economic areas, namely Selangor, Kuala Lumpur, Penang, […]

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Malaysia’s CPI falls 0.2% in January

KUALA LUMPUR: Malaysia’s consumer price index recorded a year-on-year (y-o-y) decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year. However, the CPI was 1.2% higher over the previous month and the core index was up 0.7% y-o-y. Transport prices remained the leading laggard, falling 5.1% y-o-y […]

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World Bank: Malaysian economy to recover this year

KUALA LUMPUR: Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said. Its Macroeconomics, Trade and Investment Global Practice lead economist, Richard Record, said the group expects the vaccine deployment can […]

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Malaysia: Enough liquidity to cope

PETALING JAYA: The statutory reserve requirement (SRR) ratio will unlikely see any cut this year amid the economy showing signs of sluggishness over the next couple of months underpinned by ample liquidity in the banking system. SRR is non-interest bearing balances that commercial banks are required to keep with the central bank. It is also […]

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