KUALA LUMPUR: Malaysia’s retail sector, which grew 2% last year, is projected to grow 4.7%, or RM104.4bil in 2018, according to Retail Group Malaysia (RGM). “This projection is considered optimistic by members of Malaysia retailers association (MRA). The prospect of retail industry this year is still highly dependence on the economic performance and consumer confidence […]
Read MorePETALING JAYA: Malaysia’s manufacturing sector got off to a slower start in January, with the industrial production index (IPI) up 3% from a year ago, which was below Bloomberg’s survey of a 6.8% growth. The Statistics Department said the January IPI was down 4.5% from December 2017 due to slower growth in the manufacturing sector. It said […]
Read MoreKUALA LUMPUR: Malaysia’s manufacturing sector got off to a slower start in January 2018, with the industrial production index (IPI) up 3%, which was below Bloomberg’s survey of a 6.8% growth. The Statistics Department said on Tuesday the January IPI was also down 4.5% from December 2017 due to slower growth in the manufacturing sector. […]
Read MoreKUALA LUMPUR, Mar 13: The ringgit was higher against the US dollar today on mild buying for the local unit, following weak US wages data that pressured the greenback, a dealer said. At 9 am, the local note was quoted at 3.9020/9050 from Monday’s 3.9030.9060. “The market remains a range play with investors very cautious […]
Read MoreKUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak stressed that Malaysia’s debt is still manageable and does not exceed 55 per cent of the gross domestic product (GDP). Najib, who is also the Finance Minister, said the debt level is currently at 50.8 per cent of GDP. “This means, our debt is still manageable […]
Read MorePETALING JAYA: The global financial shared services (FSS) sector is one of the fastest growing sectors in Malaysia, offering a wealth of employment opportunities and international exposure. There could be ample potential for the country to tap into to drive growth in the finance industry given that many more global companies have embarked on an […]
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