PETALING JAYA: Experts believe Malaysia’s foreign direct investment (FDI) momentum will continue to pick up in the upcoming quarters, following the rise in the country’s realised FDI by nearly RM11bil or 68.4% year-on-year (y-o-y) in the first six months of 2019 (6M19). According to Fitch Solutions Macro Research, the resumption of China-backed projects in Malaysia […]
Read MorePETALING JAYA: Total vehicle sales in August dropped 22% to 51,148 units from 65,550 units in the previous corresponding period, due to the higher base last year as vehicles received a boost in sales from the one-off tax holiday. In a statement yesterday, the Malaysian Automotive Association (MAA) said year-on-year passenger car sales dropped 16% […]
Read MorePETALING JAYA: Expensive property prices continue to put a heavy burden on the lower income group, placing homeowners with high mortgages among the most vulnerable to potential financial shocks. Bank Negara, in its half-year financial stability review, said while the share of household debt held by borrowers earning less than RM3,000 per month has declined, […]
Read MoreSMALL and medium enterprises (SMEs) may be among the main beneficiaries of Malaysia’s Budget 2020, to be tabled on Oct 11, said analysts, as Finance Minister Lim Guan Eng has foreshadowed upcoming contingency measures to insulate the country from the fallout from the trade war between the United States and China. More government infrastructure projects may […]
Read MoreKUALA LUMPUR: Fitch Solutions Macro Research expects foreign direct investment (FDI) into Malaysia to likely to continue picking up over the coming quarters and continue decreasing Malaysia’s vulnerability to outflows. In its outlook report on the Malaysian economy on Thursday, it said this view was firstly supported by Malaysia’s successful renegotiation and resumption of the […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures slid on Wednesday, retreating from a three-week high achieved in the previous session as the market tracked softer related vegetable oils. The benchmark palm oil contract for the November delivery on the Bursa Malaysia Derivatives Exchange was down 1% at 2,262 ringgit per tonne at the close. The January […]
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