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Malaysia needs tech-driven economy, says economist

PETALING JAYA:Â Malaysia needs to restructure its economic activities by concentrating on a technology-driven economy with high value-add to offer a better future for the people, said Sunway University economics professor Dr Yeah Kim Leng. He said there is an urgent need for the new government to shift to higher-value economic activities to generate high incomes […]

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Malaysian ringgit, stocks under pressure amid political uncertainty as deadline extended to form govt

SINGAPORE – Malaysia’s stocks and the ringgit remained under pressure on Monday after the King’s decision to grant rival party leaders a one-day extension to form the next government amid uncertainty over how the ongoing horse-trading will pan out. After diving sharply at the opening bell on Monday morning – following a general election that delivered the […]

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Malaysia: Domestic demand to spur growth

PETALING JAYA: Economists expect the gross domestic product (GDP) growth momentum to ease from the fourth quarter of this year (4Q22) after posting a robust growth of 14.2% in the 3Q22. Having said that, they pointed out that the economic strength going forward would be buoyed by domestic demand. The GDP has beaten Bloomberg’s median […]

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Bursa Malaysia Chief Executive Officer Datuk Muhamad Umar Swift with Bursa Malaysia Chief Operating Officer Datin Azalina Adam, ASCM Chairman Datuk Ahmad Azman Manaf and Malaysia Investment Banking Association (MIBA) Chairperson Lok Eng Hong official launched the "Bursa Anywhere" , the first-of-its-kind CDS e-Services platform in ASEAN in Kuala Lumpur on Tuesday. - MUHAMAD SHAHRIL ROSLI/The Star.
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Bursa Malaysia launches information platform for unit trust, wholesale funds

KUALA LUMPUR: Bursa Malaysia has launched an interactive fund information platform to provide the investing public with comprehensive information on unit trusts and wholesale funds. The stock exchange operator said the platform, called the Bursa Fund Platfoorm, would help investors make better informed investment decisions. BUrsa Malaysia CEO Datuk Muhammad Umar Swift said the Bursa […]

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The Pensonic workers at the production line of stand fan at the company plant in Bukit Minyak, Bukit Mertajam Penang yesterday. - Starpic Mustafa Ahmad (17/09/2015).
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Malaysia’s services, manufacturing growth set to continue in 2023

KUALA LUMPUR: Malaysia’s services and manufacturing growth, the big factor behind the country’s strong third quarter (Q3) gross domestic product (GDP) print, are projected to continue their growth into 2023. Moody’s Analytics, in its latest Asia Pacific Economic Preview report, said the stronger year-on-year growth of 14.2 per cent in Q3 exceeded expectations with consumption […]

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