KUALA LUMPUR, March 11 ― Malaysia’s manufacturing sales in January 2022 grew 13.1 per cent year-on-year (y-o-y) to RM139 billion compared to the same month in 2021, according to the Department of Statistics Malaysia (DOSM). However, the sales value decreased by 3.4 per cent against the previous month. Chief statistician Datuk Seri Mohd Uzir Mahidin […]
Read MoreKUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) increased 4.3 per cent in January 2022 compared with the same month of the previous year, the Department of Statistics Malaysia (DoSM) said. Chief statistician Datuk Sri Mohd Uzir Mahidin said the expansion of IPI was contributed by the increment of 6.8 per cent in the manufacturing index […]
Read MorePLANTATION growers in Malaysia are the “clear winners” amid the increasingly widening difference in crude palm oil (CPO) prices with Indonesia, Maybank Research said in a report on Thursday (Mar 10). Indonesia’s domestic market obligation (DMO), which mandated exporters to set aside a portion of their shipments to ensure sufficient and affordable domestic supply, has […]
Read MoreSEBERANG JAYA: Malaysia and Indonesia will sign a memorandum of understanding (MoU) on March 17 for the recruitment of foreign workers from Indonesia. Human Resource Minister Datuk Seri M Saravanan said the MoU would be signed by both parties to allow the entry of domestic workers from Indonesia into Malaysia. According to him, issues pertaining […]
Read MoreSINGAPORE: Oil’s relentless surge above $125 (RM522.95) a barrel threatens to stoke inflation across Asia, forcing central banks to decide whether to respond to higher prices with tighter policy, or hold off amid the blow to economic growth. As a net importer of energy, Asia is vulnerable to the oil price spike triggered by Russia’s […]
Read MoreMALAYSIA’S digital consumers have increased to 88% of the population last year with 46% of them actively involved in online purchases, says MyDigital Corp in its MyDigital Progress Report 2021 released yesterday. The report charts the progress and achievements made by the Malaysia Digital Economy Blueprint (MDEB) for the last 10 months. It found efforts […]
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