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Malaysia: Digital economy continues to grow

KUALA LUMPUR: The Malaysian digital economy is set to continue its growth momentum with more brands and businesses, especially the small and medium-sized enterprises (SMEs) digitalising their operations, said leading e-commerce platform, Lazada. By the same token, shoppers too have become even more confident in shopping for their essential needs online. Lazada Malaysia chief executive […]

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Malaysia: Room for further rate cut

MALAYSIA will likely see its interest rate cut again by another quarter of a percentage point next month, according to some economists. With inflationary pressure expected to remain subdued, while the economy is relatively weak, they note, there is a good chance that Bank Negara will lower the benchmark overnight policy rate (OPR) by 25 […]

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Malaysia: Retirees impacted by low interest rates

THE low interest rate environment has made it more difficult to find risk-free returns, making the life of retirees who put their savings into fixed-deposit (FD) instruments for returns more difficult. While interest rates have been on a falling trend globally, especially in the more developed economies, the trend seems to have caught on in […]

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