KUALA LUMPUR: Malaysia moved up in the 2019 Melbourne Mercer Global Pension Index to C+ from C as pension assets increase and individuals feel wealthier, hence they are likely to borrow more. Malaysia achieved an index of 60.6 surpassing the average global index of 59.3. The country currently ranks 16th in the index just behind […]
Read MoreKUALA LUMPUR: Malaysia’s well-diversified export base will help the economy maintain a relatively strong growth despite global trade tensions, Fitch Ratings says. It said yesterday global trade tensions were weighing on growth, particularly as Malaysia was a small, open economy integrated into Asian supply chains. “However, fiscal risks in 2020 from slower-than-forecast growth are limited […]
Read MorePUTRAJAYA: Risk-sharing between the government and the private sector is one of the key elements of Budget 2020 that aspires to create more business opportunities for Malaysians, according to National Budget Office director Johan Mahmood Merican. In an exclusive interview with StarBiz, Johan described Budget 2020 as “growth-centric and in the spirit of an entrepreneurial […]
Read MoreMalaysia has been ranked as the fifth-worst country in terms of protecting the personal data of its citizens, a tech study shows. In a study of privacy and surveillance of 47 countries by British tech website Comparitech, Malaysia was placed in the “some safeguards but weakened protection” category with a score of 2.64 out of […]
Read MorePETALING JAYA: Malaysia has slipped two notches in the global competitiveness ranking this year after being overtaken by Spain and the United Arab Emirates (UAE), according to the latest survey by the World Economic Forum. In the recently published Global Competitiveness Report (GCR) 2019, Malaysia is ranked 27th out of 141 countries in terms of […]
Read MorePETALING JAYA: GD EXPRESS CARRIER BHD (GDex) is making a foray into Vietnam by acquiring a courier and logistics services company, Noi Bai Express and Trading Joint Stock (Netco), for a total of RM13.85mil. In a statement on Bursa Malaysia yesterday, the logistics company said it is acquiring 50% of the total enlarged issued share capital of […]
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