KUALA LUMPUR: Malaysia’s near-term economic prospects remain upbeat as the country’s Leading Index (LI) increased by 8.2%, underpinned by healthcare and transportation, and as more people get vaccinated. The Statistics Department said on Wednesday the LI, which is a predictive tool used to anticipate economic upturns and downturns in average of four to six months […]
Read MorePETALING JAYA: Market sentiment seems to lean towards the larger, more established palm oil companies as being the greatest beneficiaries of the crude palm oil rally. But the phenomenon in the stock market is rather peculiar because their share prices begged to differ. In fact, the small cap palm oil companies were the ones that […]
Read MorePETALING JAYA: With the rollout of government blueprints and economic plans underway, economists say such initiatives should be closely monitored and properly executed to ensure the country’s sustainability. They suggested that a reasonable timeframe be given for the implementation to attain the desired goals. According to AmBank Group chief economist Anthony Dass (pic, below) , […]
Read MoreWHEN Bank Negara released the fourth quarter (Q4) and 2020 gross domestic product (GDP) data about a month ago, the Finance Ministry (MoF) too released a report on Malaysia’s economic performance for last year at the same time. One of the interesting data that was revealed in that report was on Malaysia’s debt-to-GDP ratio. In […]
Read MoreKUALA LUMPUR: S&P Global Ratings (S&P) may revise Malaysia’s outlook to “stable” from “negative” over the next 24 months if the economy grows considerably faster than what it had forecast through stronger fiscal performance. Sovereign and International Public Finance Ratings director Andrew Wood said the rating agency also expects the nation’s economy to see a […]
Read MoreKUALA LUMPUR: The International Monetary Fund (IMF) expects Malaysia’s economy to recover in the remainder of 2021, with inflation and the current account balance normalising over the medium term. In its country report, it said growth was projected to rebound to 6.5% this year, underpinned by a strong recovery in manufacturing and construction, and supported […]
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