PUTRAJAYA, Sept 29 — A new national poverty line income (PLI) will be introduced next year under the 12th Malaysia Plan (12MP) so that the approach to eradicating poverty is more targeted, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said the current PLI is at RM2,208 based on state, urban […]
Read MoreKUALA LUMPUR: The ringgit rebounded to open higher on Tuesday as risk-on mood and steady oil prices supported demand. As at 9.07 am the ringgit was traded at 4.1660/1720 versus the greenback compared with 4.1730/1780 at Monday’s close. AxiCorp chief global market strategist Stephen Innes said the ringgit is trading stronger today, supported by improving […]
Read More[KUALA LUMPUR] Malaysian exports dropped 2.9 per cent in August from a year earlier, contrary to expectations for an increase, as shipments to key markets tumbled and demand for manufacturing, agriculture and mining goods dropped, government data showed on Monday. The contraction was far below the 4.8 per cent growth forecast by analysts in a […]
Read MorePETALING JAYA: The coming La Nina weather phenomenon that will bring heavier than usual rainfall may determine the pace of the current upward trend of crude palm oil (CPO) prices. Plantation experts generally expect a 75% probability of La Nina occurring from October to December in the South-East Asian oil palm-growing regions. CPO recently rallied […]
Read MoreWHILE the global trend is largely moving towards the adoption of e-payment systems, cash or paper money will still be here to stay – at least in the near to medium term. Cash, which has been around for more than two millenniums, still has its role to play in the economy. Among some of the […]
Read MoreA few days ago, I chatted with the owner of a popular Indian banana leaf eatery. There was the usual lunch time crowd, all the tables were full and a line was forming outside waiting for tables to be cleared. I was surprised to be told that his business has only recovered to 70% of […]
Read More
Thailand
