THE Malaysia External Trade Development Corp. (Matrade), together with the Ministry of Entrepreneur Development and Cooperatives and the Small, Medium, Enterprise Development Bank, is eyeing business partnerships and opportunities in the Philippines. “Our purpose here is to renew our friendship with the Philippines and continue our partnership as we help each other’s economy grow more coming out of the pandemic,” Abu Bakar […]
Read MoreDomino’s Pizza Enterprises (ASX: DMP) has matched its largest ever store expansion with plans to bed down the biggest acquisition in the company’s history by snapping up the existing Domino’s Pizza businesses in Cambodia, Malaysia and Singapore for $214 million. The acquisition, which could be worth as much as $356 million if earn-out bonuses are […]
Read MorePUTRAJAYA: Malaysia’s economic growth in 2022 is likely to hit the highest end of the government’s 5.3% to 6.3% forecast, according to Prime Minister Datuk Seri Ismail Sabri Yaakob. While many economists are projecting the economy to hit a soft path in the second half of the year, Ismail expressed optimism that the country’s recovery […]
Read MoreKUALA LUMPUR: The heavy emphasis on environmental, social and governance (ESG) standing of countries implies that corruption levels have a high correlation to a country’s inflation and exchange rates today, say analysts. This is more pertinent and obvious especially for a trading nation such as Malaysia. Exchange rates are influenced by financial flows, which are […]
Read MorePUTRAJAYA, Aug 23 — Malaysia has been able to keep its inflation rate at 2.5 per cent for the first half of this year due to the government’s price control measures and targeted subsidies, Deputy Finance Minister Datuk Mohd Shahar Abdullah said today. He added that the national inflation rate is also lower compared to […]
Read MoreKUALA LUMPUR: RHB Investment Bank Bhd (RHB IB) has revised upwards Malaysia’s 2022 gross domestic product (GDP) forecast to six per cent year-on-year (y-o-y) from 5.3 per cent y-o-y previously due to stronger-than-anticipated inventory build-up and net exports in the second quarter 2022 (Q2 2022). However, the 2022 GDP forecast is still lower than Bloomberg’s […]
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