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Malaysia: Study to review items in CPI basket of goods

KUALA LUMPUR: The Statistics Department is carrying out a study on income patterns and basic facilities, which are important elements in the review of the Consumer Price Index (CPI), which will be held next year on the country’s inflation rate, according to chief statistician Datuk Seri Mohd Uzir Mahidin. Uzir said income pattern would have […]

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Malaysia: Short-term rates likely to remain stable

KUALA LUMPUR: Short-term rates are likely to remain stable this week on Bank Negara’s operations to absorb surplus liquidity from the cash market. During the week just ended, the central bank intervened on a daily basis to reduce excess funds from the financial system by conducting conventional money market tenders, reverse repo tenders, Qard tenders, […]

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Malaysia: Export volume index rises 7.7% on month in August

PETALING JAYA: The export volume index increased 7.7% in August 2022 compared with July, contributed by the rise in miscellaneous manufactured articles (11.9%), machinery and transport equipment (7.9%) and mineral fuels (7.8%). According to the external trade statistics for August 2022 released by the Statistics Department, the seasonally adjusted export volume index increased 16.5% to […]

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Malaysia not in crisis

PETALING JAYA: One could not help but notice that Bank Negara governor repeatedly emphasised in her latest speech – three times to be exact – that the Malaysian economy is no longer in a crisis. Tan Sri Nor Shamsiah Mohd Yunus highlighted that the economic recovery is well underway, although she acknowledged that the future […]

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