KUALA LUMPUR: Malaysia’s rate of inflation in January slowed to 3.7% as price growth in the country remained on a downtrend that began in October 2022. The increase in the consumer price index, which was lower compared with 3.8% in December 2022, was in line with the median forecast of economists polled by Reuters. In […]
Read MoreKUALA LUMPUR, 24 — Electricity tariff will remain the same for domestic consumers who are non-commercial and industrial users, International Trade and Industry Ministry (Miti) said. The Ministry said as for non-domestic users who are in the low voltage (LV) tariff category, they will not experience any increase in electricity tariffs. “Through using the Imbalance […]
Read MorePETALING JAYA: The Real Estate and Housing Developers’ Association Malaysia (Rehda) is urging the government to implement measures that can ease the impact of rising building material costs on the property market. Rehda president Datuk N.K. Tong said the association has presented a wishlist to the government ahead of the revised Budget 2023, which will […]
Read MorePETALING JAYA: Malaysia’s exports are expected to see slower growth amid a weaker global economy this year. Shipments to advanced economies, which are facing rising recession risks, are expected to weigh on Malaysia’s trade, according to economists. However, this will likely be offset by the expected recovery in demand from China, which has fully reopened […]
Read MoreKUALA LUMPUR: A survey has revealed that 80% of local investors have set new financial goals, namely, for retirement, keeping up with rising costs as well as holidays and major life experiences. According to Standard Chartered’s Wealth Expectancy Report 2022, Malaysian investors cited inflation (40%), an uncertain global economy (28%) and the threat of a […]
Read MorePETALING JAYA: The new Budget 2023 to be tabled on Friday is expected to see a smaller budget deficit and economists believe closer inspection and scrutiny on spending plans will help keep a lid on expenses. Maybank Investment Bank (MIB) Research is expecting the government to lower its budget deficit through to approximately RM95bil or […]
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