KUALA LUMPUR, Sept 10 — Malaysia’s industrial production index (IPI) is expected to improve from September onwards on anticipation of an improved economic outlook, an economist said. Bank Islam chief economist Mohd Afzanizam Abdul Rashid said higher output would be recorded as more economic activities are allowed to be reopened following the government’s decision to […]
Read MoreKUALA LUMPUR, Sept 10 ― Malaysia’s manufacturing sales in July 2021 grew a marginal 0.6 per cent to RM119.8 billion compared to the same month in 2020. Compared to June 2021, the sales value decreased by 3.6 per cent, according to the Department of Statistics Malaysia (DoSM). Chief Statistician Datuk Seri Mohd Uzir Mahidin said […]
Read MoreKUALA LUMPUR : Malaysia’s central bank kept its benchmark interest rate unchanged on Thursday as rising COVID-19 vaccination rates fuel hopes for a swift economic rebound. All 22 economists surveyed in a Reuters poll had expected Bank Negara Malaysia (BNM) to hold its overnight policy rate steady at a record low of 1.75per cent. While […]
Read MoreKUALA LUMPUR (Sept 9): The Malaysian economy is now on the path to recovery supported by the reopening of more economic sectors and it is estimated to chart better growth for 2022, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the prospects for an economic upswing will be better next year although Bank […]
Read MoreKUALA LUMPUR, Sept 8 — The ringgit rebounded to close higher against the US dollar today, lifted by mild buying support for the local note, said an economist. At 6pm, the local note stood at 4.1495/1530 against the greenback from 4.1545/1560 recorded at yesterday’s closing. Speaking to Bernama, Bank Islam chief economist Dr Mohd Afzanizam […]
Read MoreKUALA LUMPUR, Sept 8 — Taiwanese companies focusing on Asean have identified Malaysia as among the top three most promising market for further expansion in the next 12 months. According to a survey commissioned by Standard Chartered for Borderless Business: Taiwan-Asean Corridor, the majority of Taiwanese companies are expecting business growth in the region with […]
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