PETALING JAYA: Malaysia’s economic momentum is set to pick up on a steady note in the second half of 2020 after beating market consensus to record among its best trade figures last month. Economists and analysts share the view that the country’s economic recovery post-pandemic is on the right footing but concede that risks still […]
Read MoreKUALA LUMPUR, Sept 1 — Senior Minister Datuk Seri Ismail Sabri today announced that long-term pass holders from India, Indonesia and the Philippines will not be allowed into Malaysia due to a spike in Covid-19 cases in those countries. He said the new restrictions will come into force Sept 7 and apply to permanent residents, […]
Read MorePETALING JAYA: A property research head and an economist continue to view the vacancy tax proposed by the Housing and Local Government Ministry with wariness. Economist Carmelo Ferlito said it is only “sound and wise” for developers to do market and financial feasibility studies before going into a project. “A feasibility study, or a business […]
Read MorePETALING JAYA: All eyes continue to be focused on the provisions made by the banking sector as the earnings season for the second quarter of 2020 comes to a close. There are expectations that the banking and lending sector should increase its provisions as a precautionary measure as the fallout from the Covid-19 pandemic continues. […]
Read MoreKUALA LUMPUR: The Malaysian digital economy is set to continue its growth momentum with more brands and businesses, especially the small and medium-sized enterprises (SMEs) digitalising their operations, said leading e-commerce platform, Lazada. By the same token, shoppers too have become even more confident in shopping for their essential needs online. Lazada Malaysia chief executive […]
Read MoreMALAYSIA will likely see its interest rate cut again by another quarter of a percentage point next month, according to some economists. With inflationary pressure expected to remain subdued, while the economy is relatively weak, they note, there is a good chance that Bank Negara will lower the benchmark overnight policy rate (OPR) by 25 […]
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