PETALING JAYA: Malaysia’s debt levels are expected to rise this year at a fiscal deficit of an estimated 5.8% to 6%, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. In an interview with CNBC yesterday, Zafrul noted that fiscal injections into the economy stand at around 20% of its gross domestic product (GDP) at […]
Read MoreKUALA LUMPUR: Overall investments in Malaysia will regain momentum between 2021 and 2022, according to United Overseas Bank (Malaysia) Bhd (UOB Malaysia). The bank said this would be driven by the government’s focus on reviving the investment climate and the Malaysian Investment Development Authority’s (Mida) ongoing efforts to lure and expedite investment approval process, as […]
Read MoreQuiet week There is no major economic data due this week except for the international reserves of Bank Negara. The central bank is expected to announce the statement of accounts as at Sept 30 on Wednesday. The international reserves of Bank Negara amounted to US$104.8bil as at Sept 15. The reserves position is sufficient to […]
Read MoreKUALA LUMPUR: After decades of focusing their operations on the electrical and electronics (E&E) sector, Japanese companies are diversifying their huge investments into new areas to reaffirm their confidence in the country as their top choice foreign investment destination. Japanese ambassador to Malaysia Hiroshi Oka (pic) said new companies are starting to grow in new […]
Read MorePETALING JAYA: The country’s manufacturing activity in the fourth quarter of the year (4Q20) could slow further as fears of a new wave of Covid-19 transmissions could affect factory operations and see delays in investment decisions. In September, the Purchasing Managers’ Index (PMI), an indicator of the economic health of the manufacturing sector, remained in […]
Read MorePETALING JAYA: Malaysian companies that are highly dependent on foreign labour need to strengthen their practices, as allegations have arisen about forced labour in the country. More developed countries are placing emphasis on environmental, social and corporate governance (ESG) initiatives to measure sustainability and societal impact of businesses and are tightening their labour practices as […]
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Thailand
