A construction worker stands at a building site in Kuala Lumpur on August 12, 2016. Malaysia’s economic growth eased in the second quarter, the central bank said on August 12, attributing the slowdown to a decline in exports amid subdued global demand. / AFP PHOTO / MOHD RASFAN
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Malaysian unemployment rates drop 0.1pc

KUALA LUMPUR (Bernama) – The total labour force in November last year was 14.57 million people compared to 14.58 million in the previous month, according to a Statistics Department statement yesterday. The labour force participation rate in November last year fell 0.1 per cent to 67.9 per cent as compared to the previous month. Unemployment […]

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Malaysia: Kelantan’s services, agriculture sectors to benefit from ECRL

KUALA LUMPUR, Jan 16: Kelantan’s services and agriculture sectors are set to benefit from the East-Coast Rail Link (ECRL), MIDF Research Analyst, Abdul Fadhli Zil Ikram Dzulkifly said. “Change through logistics growth will spur supply and demand for the services sector which contributes to the bulk of Kelantan’s gross domestic product and agriculture production,” he said. […]

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Malaysia-Singapore ties tested by high-speed rail contract

KUALA LUMPUR/SINGAPORE: The leaders of Malaysia and Singapore are expected to discuss plans for a high-speed rail project linking their countries during summit talks on Tuesday, as a deadline to award the multi-billion dollar project nears. The high-speed rail valued by analysts at about $17 billion is the biggest project undertaken by the Southeast Asian […]

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Reality check for Malaysian oil and gas players

PETALING JAYA: Oil and gas (O&G) counters have gained much attention of late following the rise in oil prices. Since the new year began, O&G stocks that operate in the upstream services segment such as UMW Oil & Gas Corp Bhd (UMW-OG), Sapura Energy Bhd  and Bumi Armada Bhd  have seen impressive gains of as much as 55% in […]

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