MALAYSIA’S trade has not been impacted by the global trade tensions, despite the country’s lower total trade revenue recorded in March. MIDF Amanah Investment Bank Bhd chief economist Dr Kamaruddin Mohd Nor said the marginal fall in the country’s trading activities was mitigated by the encouraging exports. “The possibility of the trade war particularly between China […]
Read MoreKUALA LUMPUR: Malaysia’s central bank is expected to leave its benchamrk interest rate unchanged at a policy meeting on Thursday, a day after the country holds a general election, a Reuters poll showed. Eleven economists polled by Reuters were unanimous in expecting Bank Negara Malaysia (BNM) to hold its overnight policy rate at 3.25 percent, […]
Read MoreKUALA LUMPUR: Malaysia is poised to become the theme park capital of ASEAN as the country becomes home to more international-level theme parks which augur well for its economy. Over 21 theme parks and water parks are expected by 2020 and this addition includes the world’s first Twentieth Century Fox Studios and a Ubisoft video […]
Read MoreKUALA LUMPUR: Malaysia exports rose 2.2% to RM84.5bil in March, exceeding Bloomberg’s survey of a 2% increase, underpinned by higher exports of electrical and electronic (E&E) products and crude petroleum. The Statistics Department reported on Friday that E&E products, which accounted for 37.7% of total exports, increased by RM2.5bil (+8.7%) to RM31.8bil. Crude petroleum, which […]
Read MoreKUALA LUMPUR: The monthly income of RM2,700 published in Bank Negara Malaysia’s (BNM) 2017 Annual Report is a provisional estimate of a living wage for a single adult in the capital, which does not refer to the median income. FactWatch.my, an initiative by BNM, said the concept of living wage was also different from the […]
Read MoreKUALA LUMPUR: The Kuala Lumpur-Singapore High Speed Rail is expected to generate more than 70,000 jobs and the spillover effects is estimated to be RM209bil in Gross National Income. MyHSR Corporation Sdn Bhd announced on Thursday the project would also create opportunities for professionals, skilled workers, and students from all over the country to work […]
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