UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting assess the latest inflation figures in the Malaysian economy. Key Takeaways “Headline inflation eased further to a 5-month low of 2.0% y/y in Aug (Jul: +2.2% y/y). This came in lower than our estimate (2.1%) and Bloomberg consensus (2.2%). It was a broad-based moderation, […]
Read MoreSINGAPORE – Consumers in Singapore and Malaysia will be able to make real-time cross-border fund transfers using their mobile phones by the end of next year, the two countries’ central banks announced on Monday (Sept 27). Plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems will kick off in […]
Read MoreKUALA LUMPUR, Sept 24 ― The August consumer price index for Malaysia continued to deflate contracting by 0.2 per cent compared to July in a sign that the economy has yet to recover from the effects of the coronavirus pandemic. Last month’s CPI was up by 2 per cent year-on-year but remained on a downward […]
Read MoreKUALA LUMPUR, Sept 23 — The government will continue to negotiate with Singapore on the gradual reopening of the border which will depend on current health conditions, said Foreign Minister Datuk Saifuddin Abdullah. He said this included talks on the proposed daily cross-border movement known as the Daily Commuting Arrangement (DCA). Presently he said, Malaysia […]
Read MoreKUALA LUMPUR (Sept 22): The government is contemplating and studying the implementation of a one-off higher tax rate to be imposed on companies that have generated extraordinary profits during the Covid-19 pandemic. Deputy Finance Minister II Yamani Hafez Musa, who was speaking in Parliament today, added that Putrajaya is also studying the implementation of a […]
Read MoreKUALA LUMPUR, Sept 22 — Malaysia remains competitive in attracting investments into the country, despite the challenging Covid-19 pandemic situation. Senior Minister cum International Trade and Industry Minister, Datuk Seri Mohamed Azmin Ali said Malaysia’s strategic position, conducive business environment and ecosystem, as well as strategic investment-related initiatives are expected to continue to make Malaysia […]
Read More
Thailand
