KUALA LUMPUR: The sharp increase in the Brent crude oil price to more than US$100 per barrel compared to the estimated oil price of US$66 per barrel when Budget 2022 was tabled will be a net positive for the government, but fiscal reforms are more pertinent as oil prices may not remain at current rates […]
Read MoreKUALA LUMPUR, March 14 — Malaysia’s total trade for January 2022 surged 24.8 per cent year-on-year (y-o-y) to RM203.0 billion, with exports soaring 23.5 per cent to RM110.7 billion and imports climbing 26.4 per cent to RM92.3 billion. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said exports of electrical and electronics (E&E) products amounted […]
Read MorePETALING JAYA: MIDF Research expects industrial output to grow at 4.3% this year on the back of sustained expansion in external demand and growing domestic spending. “We assume the diminishing low base effect will bring the pace of Industrial Production Index growth to a more normal level. “Looking at the increase in the manufacturing Purchasing […]
Read MoreKUALA LUMPUR (March 14): Scientex Packaging (Ayer Keroh) Bhd (formerly known as Daibochi Bhd) will wade through higher raw material costs and logistics expenses — as a result of the Russia-Ukraine conflict — on the back of its capacity expansion, according to CGS-CIMB. In a note on Monday (March 14), CGS-CIMB analyst Kamarul Anwar said […]
Read MoreMALAYSIA, being one of Singapore’s closest neighbours, has always, in the words of Foreign Affairs Minister Vivian Balakrishnan, held “special importance” to the city-state. Indeed, Singapore and Malaysia are each other’s second most important trading partners and Singapore is Malaysia’s largest source of foreign direct investment (FDI). Going through the pandemic together has strengthened the […]
Read MoreKUALA LUMPUR: While the unemployment rate is improving and may reach 3.8% in 2022, underlying structural labour market issues remain which should be addressed, according to AmBank Research. The research unit noted that more people are moving into self-employment, and they make up 16.2% of the labour force. Using the number of own-account workers as […]
Read More
Thailand
