KUALA LUMPUR, Jan 24 — The great reset in the global retail industry is firmly in place. After two years of the Covid-19 pandemic, the industry is fast reshaping itself with hybrid cloud and artificial intelligence (AI) to meet shifting consumer shopping and sustainability preferences. Institute for Business Value (IBV), in association with the National […]
Read MoreFood Inflation continues to contribute to the rise in national inflation, December 2021 National inflation in December 2021 increased 3.2 per cent to 124.5 as against 120.6 in the same month of the preceding year due to the base effect last year. The increase also surpassed the average inflation in Malaysia for the period 2011 […]
Read More(Bloomberg) — Central banks in Indonesia and Malaysia are expected to keep their benchmark interest rates at record lows Thursday in case a resurgence of Covid drive by the omicron variant sets back growth. Bank Indonesia and Bank Negara Malaysia are likely to stay on hold at their first meetings of the year, reiterating their […]
Read MoreKUALA LUMPUR: The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid risk-on mode in the equity market, an analyst said. At 9.05 am, the local currency was trading at 4.1855/1880 against the US dollar compared with 4.1925/1950 at Wednesday’s close. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam […]
Read MoreMariecar Jara-Puyod, Senior ReporterFifty years since it began its journey from being a “traditional seaport economy” to what has been hailed as the “Silicon Valley of the East,” the northwest coastal state of Penang takes center stage at the Malaysia Pavilion: Net-Zero Carbon Rainforest Canopy Pavilion of the ongoing World Expo, until Jan. 22 (Saturday) for […]
Read More[KUALA LUMPUR] Malaysia is assessing the potential benefits of adopting a digital currency, the nation’s central bank has said. Bank Negara Malaysia “is actively assessing the value proposition of central bank digital currency (CBDC) to Malaysia”, it said in an e-mailed response to a query from Bloomberg. “While a decision has not been made to […]
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Thailand
