KUALA LUMPUR (April 3): Malaysia’s headline inflation will fall in the upper end of Bank Negara Malaysia’s forecast range of 2.8%-3.8% this year if the government proceeds with fuel subsidies rationalisation, according to the central bank’s assistant governor Fraziali Ismail. “We spoke about RON95, it is a huge bill to the government, it is not […]
Read MoreKUALA LUMPUR: Malaysia’s seasonally adjusted manufacturing purchasing managers’ index (PMI) climbed to 48.8 in March 2023 from 48.4 in February 2023, indicating improving demand in the manufacturing sector, says S&P Global. In a statement today, the financial information and analytics firm said the latest reading pointed to the least marked slowdown in business conditions since […]
Read MorePETALING JAYA: Economists are taking a cautious stance on the economy, as global headwinds take a firm grip on the global macroeconomic landscape. Not only will these challenges affect domestic demand, the key driver of the Malaysian economy, but can also affect the country’s exports and business sentiments overall, they say. As a small and […]
Read MoreIn an interview with a Vietnam News Agency correspondent based in Kuala Lumpur on the occasion of the 50th anniversary of the countries’ diplomatic relations (March 30, 1973 – March 30, 2023), Trade Counselor Lê Phú Cường said Việt Nam boasts advantages in terms of labour and development potential, while Malaysia’s are in capital and […]
Read MoreKUALA LUMPUR: The United Kingdom (UK) has concluded trade talks with member countries to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after 21 months of negotiations, boosting trade with Malaysia and the wider Indo-Pacific region. The British High Commission in Kuala Lumpur said the trade bloc is home to over 500 million […]
Read MoreKUALA LUMPUR: The Malaysian Investment Development Authority (Mida) has entered into a memorandum of understanding (MoU) with DHL Express Malaysia to strengthen the country’s position as an ideal destination for high quality foreign direct investment (FDI). Mida deputy chief executive officer of investment promotion and facilitation Sivasuriyamoorthy Sundara Raja said the partnership is aimed at […]
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