PETALING JAYA: Malaysian Government Securities (MGS) yields are expected to remain at current low levels for the remainder of the year compared with last year. This would be underpinned by yield-hunting activities amid the low global interest rate environment and subdued inflation outlook, according to Malaysian Rating Corp Bhd (MARC). MARC chief economist Nor Zahidi […]
Read MoreSINGAPORE and Malaysia are aiming to restart cross-border travel by Aug 10 for long-term pass holders and essential business and official travellers. While it would bring some relief to Malaysian employees stuck here, and the employers supporting them, industry observers say it won’t be a panacea for all the issues that affected parties are currently […]
Read MoreKUALA LUMPUR, July 15 — The Ministry of Tourism, Arts and Culture (Motac) revealed today its forecast of a 75-per cent decline in foreign tourist arrivals for 2020, compared to the previous year, due to strict border controls following the Covid-19 pandemic. Minister Datuk Seri Nancy Shukri (BN-Batang Sadong) also disclosed that the amount of […]
Read MoreKUALA LUMPUR: Malaysia’s unemployment rate increased further to 5.3% in May to record 826,1000 unemployed persons, the Department of Statistics Malaysia (DOSM) reported on Tuesday. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the unemployment rate had increased as the number of unemployed went up by 47,300. “However, the monthly change of unemployed persons […]
Read MoreSingapore and Malaysia will implement a reciprocal green lane for cross-border travel between both countries, according to a press statement from both ministries of foreign affairs. Officials are working toward a target start date of Aug 10. According to the statement, the green lane will enable cross-border travel for essential business and official purposes. Eligible […]
Read MoreKUALA LUMPUR (BERNAMA) – Retail Group Malaysia (RGM) has revised downwards its earlier forecast of the retail industry’s performance this year, projecting a larger sales contraction of 8.7 per cent compared to the 5.5 per cent forecast in April. It said Malaysia Retailers Association (MRA) members interviewed had projected an average year-on-year (y-o-y) growth rate of -28.8 […]
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