The Securities and Exchange Regulator of Cambodia (SERC) and the Securities Commission Malaysia (SC) on Monday signed the Memorandum of Understanding (MoU) to facilitate greater regulatory, enforcement and supervisory cooperation between the two securities regulators, said a press release. Both countries will strengthen collaboration in areas of mutual regulatory interest as it covers cross-border enforcement […]
Read MoreKUALA LUMPUR: The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose to 48.4 in February from 46.5 in January, and posting its highest reading in four months. The index has now, however, pointed to six consecutive months of challenging business conditions, according to S&P Global. In a statement, S&P Global Market Intelligence […]
Read MoreKUALA LUMPUR, March 1 — Malaysia’s manufacturing sector has shown signs of positive momentum in February 2023, with the seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rising to 48.4 from 46.5 in January, recording its highest reading in four months. In a statement today, S&P Global said data on output and new […]
Read MoreKUALA LUMPUR: Malaysian Deputy Finance Minister Ahmad Maslan signalled on Tuesday (Feb 28) that the government is mulling over targeted fuel subsidies that could exclude the rich from receiving them. He said in parliament that billions could be saved if there is a targeted fuel subsidies mechanism, with the savings chanelled to other more needy […]
Read MoreKUALA LUMPUR (Feb 28): Fitch Solutions Country Risk and Industry Research has lowered its forecast of Malaysia’s 2023 budget deficit as a share of GDP to 4.9%, from 5.3% previously, which is somewhat aligned with the government’s fiscal projections. In a report on Monday (Feb 27), the firm said it now expects revenue to come […]
Read MoreKUALA LUMPUR: The Malaysian economy is anticipated to grow at a more moderate pace this year following a strong recovery in 2022 as economies around the world continue to struggle to sustain growth, the Department of Statistics Malaysia (DoSM) said. Chief statistician Datuk Seti Dr Mohd Uzir Mahidin said Malaysia’s merchandise trade is predicted to […]
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