PETALING JAYA: Inflationary pressures are expected to normalise further, continuing a downtrend seen in Malaysia’s headline inflation figures after peaking at 4.7% in August 2022. However, the unpleasant news is that domestic inflation is likely to remain above a level which economists and Bank Negara consider as “elevated.” Based on a poll by Reuters, economists […]
Read MorePETALING JAYA: The consumer sector will continue its sturdy performance with resilient domestic demand and improvements in supply chain that will ease restocking activities. There is also margin stabilisation with commodity prices trending down post-price hikes implemented in 2021 to 2022. Companies that are able to pivot and provide better convenience to customers will have […]
Read MoreKUALA LUMPUR: Malaysia’s gross domestic product (GDP) growth for this year is very likely to exceed the earlier projection of between 6.5% and 7%, according to Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the Finance Minister, said sentiment remains positive at the end of 2022, with encouraging economic performance following the reopening […]
Read MoreMALAYSIA’S Prime Minister Anwar Ibrahim on Tuesday (Dec 20) said the country’s gross domestic product this year was very likely to exceed earlier projections of between 6.5 per cent and 7 per cent. “This year’s economic performance is encouraging as a result of the reopening of the economy in line with a shift to a Covid-19 […]
Read MorePETALING JAYA: Malaysia’s trade performance is expected to slow down in the year ahead amid rising headwinds in the global economy. According to economists, with recession risks looming in developed economies such as the United States and European Union (EU), and China’s economy moderating, global demand for goods and services is expected to decline in […]
Read MorePETALING JAYA: Analysts said the vote of confidence for Prime Minister Datuk Seri Anwar Ibrahim in Parliament helps to put in place a stable administration to address domestic issues such as the fiscal position of the government and meet the challenge of a weaker global economic outlook moving into 2023. Manulife Investment Management said one […]
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