PETALING JAYA: Malaysian companies were found to have an average of more than 50% of women occupying revenue-producing roles, surpassing the global average of 41%. The findings were derived from four local firms; Bursa Malaysia Bhd, Digi.com Bhd, Malayan Banking Bhd, and Top Glove Corp Bhd, which took part in Bloomberg Ltd Partnership’s 2023 Gender-Equality Index (GEI). A tool […]
Read MoreKUALA LUMPUR: While economists are positive on the impact of the easing of China’s zero-Covid restrictions on the Malaysian economy, fund managers believe investor sentiment on the Bursa Malaysia will be driven by domestic factors and relative valuations. According to Sunway University economics professor Dr Yeah Kim Leng, China and Hong Kong combined absorbed 19.7% […]
Read MoreKUALA LUMPUR: Malaysia’s Producer Price Index (PPI) rose 3.5 per cent in December 2022 compared to the 3.2 per cent expansion in November, the Department of Statistics Malaysia (DOSM) reported today. The PPI measures the prices of goods at the factory gate. Chief statistician Malaysia Datuk Seri Mohd Uzir Mahidin said all sectors posted an […]
Read MoreMALAYSIA’S central bank will deliver its fifth consecutive quarter percentage point hike on Thursday in its effort to keep high inflation under check and provide support to a struggling currency, a Reuters poll found. Bank Negara Malaysia (BNM) became in May last year one of the first Asian central banks to hike rates in the […]
Read MorePETALING JAYA: The easing inflationary pressures will be positive on the consumer sector and lead to better margins ahead, supported by lower raw material costs and the stronger ringgit, says MIDF Research. The research outfit said raw material costs for food manufacturers dipped substantially from the peak in the second quarter of 2022 (2Q22) owing […]
Read MoreKUALA LUMPUR (Jan 16): Cost-of-living, rapid or sustained inflation, and debt crises were identified as the top three global risks for Malaysia in the Executive Opinion Survey (EOS) report by the World Economic Forum (WEF). According to the report, cost of living is the top risk globally, with the greatest impact (severity) over a two-year […]
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