KUALA LUMPUR (March 29): Stronger economic activities, positive investor sentiment and an orderly political transition following the 15th general election lent support to the local equities market in the fourth quarter of 2022, which managed to raise new capital of RM4.1 billion between January 2022 and January 2023, despite heightened volatility in the global financial […]
Read MoreKUALA LUMPUR (March 29): Malaysia’s economic or gross domestic product (GDP) growth is projected to ease to between 4% to 5% this year, as slowing global growth is anticipated to weigh on exports while concern about elevated costs of living and input costs are expected to impact spending by households and businesses. Bank Negara Malaysia […]
Read MoreKUALA LUMPUR (March 29): Bank Negara Malaysia (BNM) said its monetary policy considerations will continue to focus on managing inflation risks while supporting sustainable economic growth, in view of a more moderate economic growth projected. In its Economic and Monetary Review 2022 released on Wednesday (March 29), the central bank also said its Monetary Policy Committee (MPC) […]
Read MorePETALING JAYA: The national inflation rate could reach a projected 3.1% to 3.3% this year if the monthly inflation rate remains subdued, says Economy Minister Rafizi Ramli. He said at a press conference in Putrajaya that since December 2022, the country’s inflation rate has reached a more stable level. “About six months from the highest […]
Read MorePETALING JAYA: The Producer Price Index (PPI) for local production, which measures the prices of goods at the factory gate, shrank 0.8% year-on-year (y-o-y) in February 2023 against a 1.3% growth in January 2023, due to the base effect and lower prices of primary commodities. The downward trend was mainly due to the decline in […]
Read MorePrime Minister Hun Sen yesterday urged Malaysian Prime Minister Datuk Seri Anwar Ibrahim for provision of support in the implementation of a privately-invested project for exporting renewable energy from Cambodia to Singapore as the former would need to install electrical cables under Malaysia’s seabed before they are directly connected to the latter. During a joint […]
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