KUALA LUMPUR: After an eventful 2020 which pushes the global economy towards recession, including Malaysia, the after-effects are expected to be shallow this year as the economy makes a come back. Maybank Investment Bank Bhd (Maybank IB) chief economist Suhaimi Ilias said that Malaysia was expected to record a gross domestic product (GDP) growth of […]
Read MoreKUALA LUMPUR: Almost seven in 10 Malaysian consumers (69%) are buying more from local brands to help these businesses bounce back from the Covid-19 pandemic, according to the UOB ASEAN Consumer Sentiment Study. The survey has also found that 60% of Malaysian consumers surveyed have spent more on businesses that support lives and livelihoods affected […]
Read MorePETALING JAYA: While Malaysia is expected to escape deflation in 2021 and see increased price pressures in the coming months, experts think Bank Negara may avoid tightening the country’s monetary policy settings next year. According to CGS-CIMB Research, policymakers at the central bank are likely to remain cautious due to the uneven economic recovery. As […]
Read MoreKUALA LUMPUR: The year 2020 is supposed to be an ambitious year for regional trade pacts. However, progress has been hampered as the world scrambles to mitigate the challenges brought about by the Covid-19 pandemic. The deadly virus – which had allegedly originated from an exotic meat market in Wuhan, China, and detected in Malaysia […]
Read MorePETALING JAYA: The surge in Covid-19 cases over the past month has resulted in a pullback of Malaysia’s consumer price index (CPI) in November. The CPI declined 1.7% year-on-year (y-o-y) last month to 120 points compared with 122.1 points in November 2019. It was a slight contraction compared with October which recorded 120.2 points or […]
Read MorePETALING JAYA: With the rally in crude palm oil (CPO) prices owing to stronger global demand and lower production, the world’s two largest palm oil exporting countries, Indonesia and Malaysia, are taking advantage of the higher prices through increased taxes on the commodity. In just weeks after Indonesia raised its taxes on CPO exports, Malaysia […]
Read More
Thailand
