KUALA LUMPUR, Nov 16 — A research by Employment Hero, a complete people, payroll and benefits solution for small to medium-sized businesses, has revealed that 72 per cent of young Malaysian employees are considering leaving the country for better employment opportunities. In the 2021 Employee Movement and Retention Report, it said the number, which is […]
Read MoreKUALA LUMPUR, Nov 16 — The ringgit opened slightly lower against the US dollar as the greenback gained momentum ahead of the United States (US) October’s Retail Sales data which is expected to rise to 0.7 per cent month-on-month, based on consensus estimates, said an analyst. At 9am, the local note fell to 4.1630/1655 versus the greenback from 4.1600/1630 at yesterday’s close. […]
Read MoreMalaysian authorities on Monday accepted Thailand’s proposal to reopen Narathiwat’s Tak Bai and Buke Ta border checkpoints, which had been closed to curb the spread of Covid-19. “We expect the reopening of the two checkpoints to help generate at least 600 million baht in trade revenue,” said Commerce Minister Jurin Laksanawisit. The minister added that […]
Read MorePETALING JAYA: The one-off Cukai Makmur or prosperity tax announced under Budget 2022 and episodes of political uncertainty will not significantly weaken the local currency against the US dollar. Malayan Banking Bhd head of forex research Saktiandi Supaat told StarBiz the prosperity tax could in the near term potentially have a drag on the equities market […]
Read MoreKUALA LUMPUR, Nov 15 — The ringgit opened slightly higher against the US dollar today despite positive expectations of the United States (US) improving data points. At 9am, the local note rose to 4.1630/1660 versus the greenback from 4.1645/1665 at Friday’s close. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the key data points to watch for would […]
Read MoreKUALA LUMPUR: Malaysia’s fourth-quarter growth is expected to rebound on the back of a strong export performance, as well as a pick up in private consumption as borders reopen, Moody’s Analytics said. It said the record-breaking budget for 2022 would also help cushion the recovery as the economy emerges from the tail end of the […]
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