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Malaysia: Cost of living remains a concern

PETALING JAYA: Headline inflation is expected to ease going into 2023, but living costs will remain a concern with retail prices unlikely to come down anytime soon, said an economist. AmBank Research group chief economist Anthony Dass believes the expected global economic slowdown in 2023 would ease the supply-demand imbalances that have been distorting prices. […]

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interview with Nurhisham Hussein EPF for a special report. — AZLINA ABDULLAH/The Star
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Malaysia: Concerns over raising the retirement age

THE call for Malaysia to increase the retirement age, due to its ageing population and high number of citizens with insufficient savings, has grown louder as the Covid-19 pandemic has further eroded their savings. There are also suggestions to offer fixed term contracts, incentives for higher contributions towards savings as well as to increase the […]

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Chickens are seen inside a poultry farm in Sepang, Selangor, May 27, 2022. Picture taken May 27, 2022. REUTERS/Hasnoor Hussain
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Malaysia posts 4% inflation in October

KUALA LUMPUR: Malaysia’s consumer price index (CPI) in October was up 4% an on annual basis to 128.6, as inflation moderated from September due to the absence of base effects. The increase was slightly above the median expectation of a poll of Reuters economists, who had predicted a rate of growth of 3.9%. Core inflation, […]

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Malaysia: RAM projects 4%–5% GDP growth for 2023

PETALING JAYA: Malaysia’s gross domestic product (GDP) growth rate is expected to remain respectable in 2023 but will be at a slower rate year-on-year (y-o-y) and supported by the country’s broad and diversified domestic economy, says RAM Ratings Services Bhd. RAM Ratings senior economist and head of economic research Woon Khai Jhek estimated GDP for […]

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