WHAT goes up must come down. Broadly, the market expects global inflation levels will be much lower in 2023, as higher interest rates cool consumer demand and tame inflation amid increasing risks of economic recession in advanced economies. The unacceptable and uncomfortable levels of inflation top the list of most worrisome issue confronted by governments, […]
Read MorePETALING JAYA: Malaysia remains a top investment destination among global investors and a hotspot for business expansion, according to the Malaysian Investment Development Authority (Mida). The country attracted almost RM194bil of approved investments in the first nine months of 2022 (9M22), with a quarter of the investments coming from China. On a year-on-year (y-o-y) basis, […]
Read MoreKUALA LUMPUR: RAM Ratings projected Malaysia’s gross domestic product (GDP) growth to slow to between four and five per cent in 2023 from an estimated 8.2 per cent in 2022. The rating agency said global economic slowdown is anticipated to dampen Malaysia’s exports while the still notable price pressures and tighter monetary conditions might impact […]
Read MoreKUALA LUMPUR: Malaysia’s natural rubber (NR) production decreased by 10.3 per cent to 31,795 tonnes in October 2022 from 35,460 tonnes in September 2022, according to the Department of Statistics Malaysia. NR output also declined year-on-year, down 26.3 per cent from 43,127 tonnes in October 2021. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said […]
Read MorePETALING JAYA: The slowing industrial production growth in Malaysia is an indication that the country’s economic growth for the fourth quarter (4Q) of 2022 may come in significantly slower than the preceding quarter. Economists pointed to weaker global demand as the main factor leading to their anticipation of a further moderation in the country’s industrial […]
Read MorePETALING JAYA: Malaysia may experience downward pressure on its sales activity in the next few months due to monetary tightening, global economic slowdown and rising cost of living, says Kenanga Research. The research house, however, said strong seasonal factors this month, coupled with the influx of tourists, would continue to help to support the domestic […]
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