malay01
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Thai rice price rises, Vietnam plans shipment to Malaysia

BENGALURU: Rice export prices in Thailand rose this week on worries that the country’s worst drought in about a decade could further squeeze supply, while Vietnam explored potential deals in the south American market. Thailand’s benchmark 5-percent broken rice prices rose to US$406-$425 a tonne on Thursday from $395-$405 quoted last week. “Harvesting has started […]

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Illicit cigarettes, vape bleed Malaysia

KUALA LUMPUR: Malaysia has the unenviable honour of sitting on the throne of the highest level of illegal cigarettes in the world. This bleeds the country of at least RM5bil annually in uncollected taxes from the illicit cigarette trade. With the unregulated vaping products factored in, the government stands to lose RM6bil in total every […]

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Malaysia has fiscal space to manoeuvre

KUALA LUMPUR: Warning bells have turned louder as the Malaysian economy is facing more threats following the escalation in the year-long Sino-US trade war, according to economists. However, the experts remained positive on the country’s growth outlook, with some pointing out that the government has room to manoeuvre the domestic economy by leveraging on the […]

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