PETALING JAYA: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) fell slightly to 47.7 in June from 47.8 in May to indicate a tenth consecutive moderation in operating conditions that was the strongest since January. “The latest reading suggests that the weaker trends in official data for manufacturing production and gross domestic […]
Read MoreKUALA LUMPUR, MALAYSIA – Media OutReach – 4 July 2023 – The Monetary Policy Committee of the Bank Negara Malaysia (BNM) will meet on 5–6 July to make a decision on monetary policy. OctaFX experts anticipate a 25 basis points increase in the interest rate, bringing it to 3.25%. This article delves into the factors influencing this […]
Read MoreMALAYSIA’S central bank will leave its key interest rate unchanged at 3.00 per cent on Thursday (Jul 6) and keep it there for the rest of the year, marking the end of its modest tightening cycle as inflation has shown signs of cooling, a Reuters poll found. While headline inflation eased to its lowest in […]
Read MoreMALAYSIA is working on streamlining the roles of its investment promotion agencies to improve the ease of doing business in the country and speed up business approvals, according to the Trade Minister Zafrul Abdul Aziz. The trade ministry’s goal is to provide investors with a “simple journey” by defining clear roles and responsibilities for each […]
Read MorePETALING JAYA: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) fell slightly to 47.7 in June from 47.8 in May to indicate a tenth consecutive moderation in operating conditions that was the strongest since January. “The latest reading suggests that the weaker trends in official data for manufacturing production and GDP were […]
Read MoreSEMENYIH: The ceiling price of local rice will be maintained at RM2.60 per kg and there will be no increase in July, said Chan Foong Hin. The Deputy Agriculture and Food Security Minister said his ministry would also ensure adequate local rice supply and refuted claims of a supply shortage. Consumers, he said, could file […]
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