PETALING JAYA: Malaysia will continue to focus on managing external challenges and the ramifications for the domestic economy this year, says International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. According to him, the growth momentum generated by Malaysia in 2022, which can be attributed to decisive policies to safeguard the economy as […]
Read MorePETALING JAYA: The mixed trade data for Jan 2023 has signalled a bumpy road ahead for exporters and the Malaysian economy in general. Exports performance disappointed the market, after it grew by only 1.6% year-on-year (y-o-y) in Jan 2023, well below the 7.4% forecast by a Reuters poll of 10 economists. The exports growth was […]
Read More(Bloomberg) — Malaysia’s central bank will probably raise its key rate by another 25 basis points next quarter before it is done with tightening, according to a poll of economists. Bank Negara Malaysia is expected to keep its overnight policy rate at 3% for at least a year after a final, quarter-point increase between April-June, […]
Read MoreKUALA LUMPUR: Malaysia recorded a 1.9% trade expansion over the year to RM207.51bil in January to chalk up the highest recorded value for the month. According to the Ministry of International Trade and Industry (Miti), exports rose 1.6% to RM112.84bil on the back of strong exports of petroleum products, liquefied natural gas (LNG) as well […]
Read MoreKUALA LUMPUR: Malaysia is expected to rebound strongly from the global slowdown, underpinned by progressive local economic growth as well as promising global economic performance forecast post-pandemic, according to a fund manager. Principal Malaysia chief executive officer and country head Munirah Khairuddin said the past three years have seen many changes to the global landscape, […]
Read MorePETALING JAYA: With food prices continuing to affect the lower income group, there are growing calls for price controls to be lifted and that prices be dictated by market forces. Most economists viewed price controls as a short-term measure but allowing market forces to come into play is a more realistic way of ensuring stability […]
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