KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) has revised downwards the country’s 2018 gross domestic product (GDP) growth forecast to 4.7% from an earlier 5.5%. Executive director professor Zakariah Abdul Rashid said the lower target was due to a moderation in global demand and over-reliance on private consumption, amid weakened investment activities to […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to grow at a slower pace of 4.7% in 2018 from 5.9% last year, according to Allianz Group. The German-based insurer and asset management company forecast the gross domestic product (GDP) of Malaysia would decelerate further to 4.6% in 2019 amid a challenging external environment and fiscal consolidation initiatives […]
Read MoreKUALA LUMPUR (Oct 15): Malaysia has been ranked 55th in the World Bank’s 2018 human capital index, lagging behind Singapore which topped the list. Malaysia scored a total 0.62 versus Singapore’s 0.88. Singapore came in first ahead of South Korea, Japan, Hong Kong and Finland. Chad was at the bottom of the list with a […]
Read MoreThe Ministry of Agriculture and Agro-Based Industry Malaysia (MOA) has announced plans to suspend imports of chilies from Viet Nam after detecting residue of chemicals used for plant protection exceeding the permissible level. However, Pham Quoc Anh, Vietnamese Trade Counselor in Malaysia, has recently told Vietnam News Agency that there were two notable issues with […]
Read MoreKUALA LUMPUR: The gap in income between the rich, middle class and poor in Malaysia has widened since 2008, according to a study by Khazanah Research Institute (KRI). In its “The State of Households 2018” report, the research outfit of sovereign wealth fund Khazanah Nasional Bhd noted that the gap in the real average income […]
Read MoreKUALA LUMPUR: Policy makers should take into account the household income disparities among different states in Malaysia when formulating policies to achieve their targeted objectives, Khazanah Research Institute (KRI) argues. The institute’s research director Suraya Ismail said if policy makers did not root their policies in the context of the different realities faced by households […]
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