KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) – a composite single-figure indicator of manufacturing performance – dipped to 47.7 in February from 48.9 in January. “This reading indicated a further moderation in the health of the manufacturing sector, although the deterioration was considerably less marked than that seen during the […]
Read MoreMALAYSIA has a wide variety of incentives which include incentives granted through income exemption or by way of allowances. There are specific criteria and rules that govern the treatment of tax incentives. For example, where incentives are given by way of allowances, any unutilised allowances may be carried forward indefinitely to be utilised against future […]
Read MorePETALING JAYA: The pace of mergers and acquisitions (M&As) in Malaysia, which has been affected by the Covid-19 pandemic, is expected to gain momentum going into the second half of the year. According to experts from professional services firms, the positive momentum is expected to be supported by low interest rates, accommodating capital markets and […]
Read MoreKUALA LUMPUR: Malaysia’s consumer price index recorded a year-on-year (y-o-y) decrease of 0.2% to 122.1 in January, representing a 10th straight month of declines since March last year. On a month-on-month comparison, the CPI was 1.2% higher over December. Transport prices remained the leading laggard, falling 5.1% y-o-y while other declining sectors included housing, water, […]
Read MorePos Malaysia Bhd is offering its employees new income-generating opportunities to earn a better living. This is being done through the company’s Entrepreneurship Programme (EP) which allows their delivery personnel to become their business partners in the last-mile delivery of parcels and mail. As of January 2021, a total of 798 delivery partners were working […]
Read MoreKUALA LUMPUR: The second movement control order (MCO2.0) in key states with bustling economic activities will pose an impact on Malaysia’s economic growth this year, according to financial intelligence company Moody’s Analytics. Chief Asia-Pacific economist Dr Steve Cochrane said the MCO, which is currently being implemented in key economic areas, namely Selangor, Kuala Lumpur, Penang, […]
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