[KUALA LUMPUR] Malaysia’s January consumer price index (CPI) rose 1.6 per cent from a year earlier, the fastest pace in nearly two years, government data showed on Friday. The annual inflation rate was in line with the pace forecast by economists in a Reuters poll and the fastest since May 2018 when the index increased […]
Read MorePETALING JAYA: The latest warning by one of the Big Three rating agencies on Asia’s weakening credit conditions has also brought Malaysia under the microscope, particularly the country’s corporate debt default risk. In a report, Moody’s Investors Service has warned that credit conditions in Asia would turn negative in 2020 as the region’s economic slowdown […]
Read MoreKUALA LUMPUR: The World Bank Group is reviewing Malaysia’s economic growth again for 2020, measured by gross domestic product (GDP), given the 2019 novel coronavirus (Covid-19) outbreak, said its representative to Malaysia and country manager Firas Raad. This marks the second time that the group reviews the country’s economic growth for this year, after it revised […]
Read MoreKUALA LUMPUR: Malaysians have a higher chance of being involved in a car accident than being infected by the coronavirus disease (Covid-19), according to Capital Dynamics Sdn Bhd managing director Tan Teng Boo. The number of deaths per 100,000 people for car accidents in the country is 21.25 persons while for Covid-19 in China, it […]
Read MorePETALING JAYA: Banks in Malaysia may see further compression in net interest margin (NIM) by three to four basis points (bps) should the central bank cut interest rates again in the coming months to support the country’s slowing economy. Analysing the possibility of Bank Negara cutting the overnight policy rate (OPR) by another 25bps to […]
Read MoreTAWAU (BERNAMA) – The adoption of e-wallet digital payments among Malaysia’s small and medium-sized enterprises (SMEs) can spur the competitiveness of the sector domestically and internationally, according to an academician at Universiti Malaysia Sabah (UMS). Its Labuan International Finance Faculty senior lecturer Dr Suzillah Sidek said, e-wallet could directly increase the contribution of SMEs to […]
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