KUALA LUMPUR: It is unlikely that Malaysia’s healthy current account surplus position will be threatened in the near future, says Affin Hwang Capital Research head of research and chief economist Alan Tan. “Concerns were highlighted by certain foreign investors in Hong Kong and Singapore recently, where they said the current account surplus might be threatened. […]
Read MoreKUALA LUMPUR: Petroliam Nasional Bhd (Petronas) said not enough investment was made in oil and gas projects during the times when oil prices were low especially in the projects that required a long gestation period. President and group chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin said that in the last few years, there […]
Read MoreSYNAGIE Corporation subsidiary Synagie Sdn Bhd has been appointed by the Malaysia Digital Economy Corporation (MDEC) as a cross-border e-commerce initiative partner for its seller adoption programme under the National eCommerce Strategic Roadmap. MDEC is a government agency which falls under Malaysia’s Ministry of Communications and Multimedia. It is responsible for driving Malaysia’s digital economy […]
Read MoreThe growth of illicit cigarette trade in Malaysia has caused a number of major problems in the country, including the loss of billions in ringgit (RM) to tax evasion, a study has found. The Economics of the Illicit Tobacco Trade in Malaysia report released in June revealed that in 2018, about 60 per cent Malaysia’s cigarette […]
Read MoreDEVELOPMENTS in digital technology and a higher penetration of smartphones are enabling merchants to better engage their customers. This will give them a greater opportunity to build brand loyalty. In a panel discussion at the recent Alibaba Business School Asian reunion, Lazada Malaysia chief operating officer Kevin Lee urges merchants to make use of relevant […]
Read MoreKUALA LUMPUR: Trade wars will not benefit any country in the long term, says International Monetary Fund (IMF) managing director Christine Lagarde. She said a trade war, despite offering a seemingly “short-term fix” which looks like a great opportunity for certain countries, would not necessarily develop into a long-term benefit with regards to expenditure and […]
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