KUALA LUMPUR: Malaysian palm oil futures slipped to a more than one-week low at one point on Thursday as high inventory levels continued to weigh on the market. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange was down 0.8 percent at 2,120 ringgit ($520) a tonne by the close of trade, after hitting a more than one-week low of 2,106 ringgit earlier in […]
Read MorePETALING JAYA: Malaysia’s inflation rate is expected to remain low in the first half of this year thanks to the continuous decline in producer prices, according to MIDF Research. A low inflation rate would be a boon for savers as they would have more spending power and opportunities to earn an inflation-beating return on their […]
Read MoreSUBANG JAYA: Malaysia’s economy is projected to grow between 4.7 and 4.8 per cent this year, if the conditions improve during the second half of the year, said Deputy International Trade and Industry Minister Dr Ong Kian Ming. He said the manufacturing sector would continue to drive the country’s exports and economic growth, adding that […]
Read MorePETALING JAYA: Inflation expectations matter because they affect key economic and financial variables such as actual inflation, wage, spending and financial asset valuations. Looking specifically at inflation expectations of households in Malaysia, households form their inflation expectations by considering both backward and forward-looking factors, such as recent shopping experiences and current income levels, as well as the future outlook of the domestic economy. Nevertheless, inflation expectations differ across households, given the […]
Read MoreKUALA LUMPUR: The ringgit opened slightly lower against the US dollar on lack of catalysts, said a dealer. At 9am, the local currency traded at 4.0750/0830 compared with Wednesday’s close of 4.0700/0750. The dealer said the ringgit and other emerging Asian currencies were pressured by the firmer US dollar in line with the declining sentiment […]
Read MoreThings aren’t looking so great for Malaysian employees. According to Bank Negara’s annual report for 2018, starting salaries for fresh graduates and graduates seem to be shrinking together with the demand for high-skilled jobs. Released on Wednesday (March 27), the report said that starting salaries in 2018 for diploma, basic degree, honours degree, and masters degree holders […]
Read More
Thailand
