KUALA LUMPUR : Malaysia’s central bank kept its benchmark interest rate at a record low on Thursday, in line with expectations, as the country’s economic recovery gathers pace. A Reuters poll showed 19 economists surveyed had expected Bank Negara Malaysia (BNM) to keep its overnight policy rate steady at 1.75per cent, although some forecast a […]
Read MoreAMINVESTMENT Bank (AmBank) on Thursday (Mar 3) maintained “overweight” on Malaysia’s oil and gas sector, as rising global demand and oil prices could catalyse faster order flows across the value chain. However, AmBank analyst Alex Goh expects selected segments in said value chain to be better positioned to benefit from higher oil prices and projects […]
Read MoreKUALA LUMPUR: Malaysian manufacturers have continued to express optimism on the outlook for this year, according to the IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI). While at a four-month low, positive sentiment remained robust, underpinned by hopes of a domestic and international recovery in demand as the pandemic recedes. Usamah Bhatti, economist at IHS […]
Read MoreKUALA LUMPUR (CNA) – Malaysian state energy firm Petroliam Nasional Berhad, or Petronas, said yesterday geopolitical risks were set to result in another volatile year for the industry, after reporting a swing to profit in the fourth quarter. The ongoing conflict between Russia and Ukraine had already caused commodity prices to fluctuate wildly, Petronas Chief […]
Read MorePETALING JAYA: Surging deflationary pressure, shrinking labour force and lower tax collection are set to be the scenario as corporate Malaysia transitions into an ageing society. With this scenario on the horizon, economists said it would have negative implications on the economy, thus proactive measures need to be mobilised to ensure economic sustainability. With around […]
Read MoreThe development of a halal industry in Cambodia has been long pending and on the drawing boards and it is now time to get it dusted and get it moving. In this aspect, Dato Sri’ Mohamed Azmin Ali, Senior Minister in charge of International Trade and Industry, Malaysia, in an exclusive interview with Khmer Times along the […]
Read More
Thailand
