KUALA LUMPUR: The implementation of the RM1,500 minimum wage will be carried out gradually to allow a recovery in the country’s economy, said Prime Minister Tun Dr Mahathir Mohamad. He said if Malaysia starts spending money which it does not have, it would not be good for the country in the long run. “If we […]
Read More[HONG KONG] If Sherman Kwek sounds annoyed, he has his reasons — 2.9 million square feet worth of reasons. That figure, equating to 270,000 square metres, is the total saleable area of apartments almost ready to hit the market on the books of City Developments Ltd, the Singapore developer controlled by the family of billionaire […]
Read MoreA SIGNIFICANT new development recently took place in the country as a groundbreaking ceremony was held for the first fertiliser factory in Brunei Darussalam at the Sungai Liang Industrial Park (SPARK) in Kuala Belait. As was reported following the ceremony, which took place on August 1, the fertiliser plant seeks to utilise Brunei’s abundance of […]
Read MoreKUALA LUMPUR: The United States-China trade war could adversely impact Malaysia’s Gross Domestic Product (GDP) growth by 1.3 per cent against what has been projected over the next two years. CIMB Group Chief Economist Dr Donald Hanna said this scenario was possible if the tariff war continued to escalate and shake the confidence of financial markets, […]
Read MoreThe Ministry of Commerce organised a workshop yesterday to train more than 40 government officials from across the country on issues pertaining to market intelligence. Suon Vichea, director of the Trade Training and Research Institute (TTRI), said at the workshop that enhancing market intelligence is critical to overcome some of the major barriers local products […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia said it is confident it would be able to keep the country`scurrent account deficit below 3 percent by the end of this year. By the end of the first half of the year the current account deficit already reached 2.6 percent of the country`s Gross Domestic Product (GDP). “Until the end of the year we are confident the deficit could be kept below 3 percent,” Executive Director of Statistic Department of the Central Bank Yati Kurniati told reporters on Friday. […]
Read More
Thailand
