KUALA LUMPUR: Malaysia will return to its Asian tiger status in three years, says Finance Minister Lim Guan Eng. He said the 48 per cent jump in foreign direct investments to RM80.5 billion in 2018, compared with RM54.4 billion in 2017, reflected investor confidence in Malaysia’s economic health. Lim said Chinese and Japanese investments into […]
Read MoreKUALA LUMPUR: Retail Group Malaysia (RGM) forecasts a 4.5% growth in retail sales to RM108.30bil in 2019, despite a lacklustre start in January-February, due to the Hari Raya Aidilfitri festivities and an increase in economic activities in the later part of the year. In its retail industry report issued on Tuesday, RGM said in the […]
Read MorePETALING JAYA: The competition for construction project tenders is set to intensify following recent cancellations and postponements of mega projects in the country. TA Securities said contractors might have to sacrifice some margins to secure new projects as they compete for a smaller pie in the market. “With prices of key construction materials such as […]
Read MoreKUALA LUMPUR: There appears to be a lack of proper succession planning among family owned businesses in Malaysia generally, said PwC Malaysia’s entrepreneurial and private business leader Fung Mei Lin. Citing results from the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) Family Business Survey Report 2018 conducted among almost 100 family businesses, Fung […]
Read MorePETALING JAYA: Malaysia’s industrial production index (IPI) rose 3.2% in January, exceeding a Bloomberg survey of 2.3%, underpinned by the increase in the electricity and manufacturing indices. The electricity sector index advanced 7.8% on-year, the highest since July 2017, while factory output grew 4.1% on-year, moderating from 4.4% in the previous month. MIDF Research said […]
Read MoreKUALA LUMPUR: Shopee Malaysia has made it into the top 10 most visited sites in Malaysia, making it the number one e-commerce site in the country, according to the latest ranking from Comscore. Comscore is a trusted currency for planning, transacting, and evaluating media across platforms. The latest ranking demonstrated how the e-commerce landscape in […]
Read More
Thailand
