KUALA LUMPUR, April 29 — Malaysia Airlines is among the first global airlines trialing the International Air Transport Association (IATA) Travel Pass — a mobile phone application (app) for health verification digitally. In preparation for its own Digital Travel Health Pass on the Malaysia Airlines mobile app, the trial run will involve passengers on flights […]
Read MorePETALING JAYA: With most economists expecting inflation to increase in the coming months, all eyes are on the government’s plan to mitigate the impact on consumers’ purchasing power. As about 20 million Malaysians get ready to celebrate Hari Raya Aidilfitri in less than three weeks, concerns of costlier basic necessities in the market have been […]
Read MoreUOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting review the latest inflation figures in the Malaysian economy. Key Quotes “Headline inflation jumped to 1.7% y/y in Mar (from +0.1% y/y in Feb), slightly higher than our estimate (1.5%) and Bloomberg consensus (1.6%). It also marked the highest rate in nearly three years, […]
Read MoreKUALA LUMPUR: Malaysia’s Consumer Price Index (CPI) increased 1.7 per cent to 122.9 in March 2021 from 120.9 in the same month last year, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said this was a positive increase for two consecutive months since February 2021. “The increase in […]
Read MoreKUALA LUMPUR: Malaysia’s Business Conditions Index (BCI) increased by 28.8 points year-on-year (y-o-y) to 111.8 points in the first quarter (Q1) ended March 2021, indicating that manufacturers had regained their confidence since the outbreak of the Covid-19 in Q1 2020. The Malaysian Institute of Economic Research (Mier) said the expansionary mode was also partly driven […]
Read MoreKUALA LUMPUR: RAM Ratings has raised its full-year inflation projection for 2021 to 3% from 2.3% previously due to higher Brent crude prices. The ratings agency said in statement it had raised its price estimate on Brent crude to US$60 a barrel from US$45-50 a barrel this year. “Oil prices have been stronger than expected […]
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