KUALA LUMPUR: Vehicle sales in Malaysia jumped 39 per cent to 62,649 units in February this year against 45,062 units during the same month last year due to delivery of backlog orders, according to the Malaysian Automotive Association (MAA). In a statement today, the association said the total industry volume for February 2023 was 27 […]
Read MoreKUALA LUMPUR: Foreign investors remained net purchasers of Malaysian Government Securities (MGS) and Government Investment Issues (GII) for the fourth straight month in February, generating an inflow of RM5 billion, almost double the RM2.7 billion in January. RAM Rating Services Bhd said the overall fund inflow surged to RM4.3 billion in February compared with RM498.3 […]
Read MoreKUALA LUMPUR: Malaysia recorded trade growth of 11% to RM204.99bil in February 2023 from the same month in the previous year as both export and import values rose to their highest for the month. In a statement, the Ministry of International Trade and Industry (Miti) said the country’s exports rose 9.8% to RM112.28bil on the […]
Read MoreTHE supply chain disruption after multiple Covid-19 lockdowns, China’s zero-Covid-19 policy, and Russia’s war of aggression against Ukraine has caused an unprecedented challenge and hindered recovery efforts for Malaysia’s economy, which has also been significantly affected by these turmoils. With the strong demand for and supply chain challenges, tight labour markets, and increase in commodity […]
Read MoreKUALA LUMPUR, March 20 — Communications and Digital Minister Fahmi Fadzil has revealed top-line figures for Jendela Phase 1 which ended in Q4 2022. Based on the numbers, MCMC has exceeded its connectivity targets of Phase 1 and it is about to start Phase 2 which will further improve both fixed and wireless connectivity throughout the country. […]
Read MoreSINGAPORE: Foreigners sought shelter in Malaysian bonds last month, buoyed by an improving growth outlook and low prospects of further policy rate hikes by the country’s central bank, with overseas money pouring out of regional peers. In February, foreigners purchased about US$950mil (RM4.2bil) worth of Malaysian bonds, the most since August, but sold a combined […]
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