KUALA LUMPUR (BERNAMA) – The retail associations in Malaysia hope that all malls and retail outlets can be re-opened by July 15 or once the 10 per cent vaccination target is achieved, whichever is earlier. Malaysia Shopping Malls Association (PPK Malaysia) President Teo Chiang Kok said malls or retail operators have been valiantly struggling for […]
Read MoreEVEN as the US dollar is projected to strengthen in the near term, thus leading to a weaker ringgit, will Malaysian exporters be able to take advantage of it? Many doubt if under the Covid-19 limitations, exporters can fully benefit from a weaker ringgit but some mid-to-larger sized exporters may weather through. In the automotive […]
Read MoreKUALA LUMPUR: The Covid-19 pandemic and tightening restrictions under the National Recovery Plan could see an increasing chance for Bank Negara Malaysia to cut the overnight policy rate by 25 basis points at its July 8 meeting. Wellian Wiranto, economist, global treasury – research & strategy at OCBC Bank said on Friday in the previous […]
Read MoreKUALA LUMPUR: Lazada has teamed up with the Ministry of Finance (MOF) and Malaysia Digital Economy Corporation (MDEC) to support local small and medium enterprises (SMEs) and products. The initiatives are through this year’s “Shop Malaysia Online” and “Go-eCommerce” which are run concurrently from July 1 to Dec 31 on Lazada. Lazada’s “Shop Malaysia Online” […]
Read MoreKUALA LUMPUR (July 1): The IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI), a composite single-figure indicator of manufacturing performance, fell to 39.9 in June 2021 from 51.3 a month earlier as Malaysia’s Covid-19-driven movement restriction policies resulted in output and incoming orders moderating to the greatest extent since the worst of the initial outbreak […]
Read MoreKUALA LUMPUR: The domestic financial markets were affected by both domestic and external factors in May, while investor sentiment was affected by the uncertainty surrounding the course of the pandemic in the region, Bank Negara said. It said the imposition of stricter containment measures amid rising Covid-19 cases domestically led to further concerns over the […]
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