PETALING JAYA: The earnings of the Malaysian technology hardware industry could take a hit if the ringgit continues to strengthen, according to Maybank IB Research senior manager of research Ivan Yap. With most of the local hardware players such as the semiconductor companies being net US dollar exporters, Yap said any further substantial weakening in […]
Read MoreKUALA LUMPUR: Finance Minister Lim Guan Eng expects the country to grow a further 4.9% this year amid a decline in inflationary pressure while an additional 41,000 quality manufacturing jobs are expected to be created in the next two years. In a statement released yesterday, he said the January 2019 Consumer Price Index (CPI) – […]
Read MoreKUALA LUMPUR: Despite being a resilient economy, Malaysia needs to find its growth narrative if it is to continue to move forward, says a leading regional economist. Maybank Kim Eng senior economist Chua Hak Bin said this, adding that there are several low-hanging fruits that the country could capitalise on, two of which are the […]
Read MoreKUALA LUMPUR: Finance Minister Lim Guan Eng expects the country to grow a further 4.9% this year amid a decline in inflationary pressure while an additional 41,000 quality manufacturing jobs are expected to be created in the next two years. In a statement released on Sunday, he said the January 2019 Consumer Price Index (CPI) […]
Read MoreKUALA LUMPUR: Malaysia’s Consumer Price Index (CPI) decreased 0.7% year-on-year in January to 120.5, underpinned by lower fuel prices in the transport sector. According to Reuters, the decline in Malaysia’s CPI was the first in over a decade. The Department of Statistics Malaysia said that on a month-on-month basis, the index also decreased 0.5% as […]
Read MorePETALING JAYA: The potential revival of the East Coast Rail Link (ECRL) will not only benefit local construction players, but there will also be positive spillover effects on building material companies in Malaysia. According to UOB Kay Hian, for one, local contractors would gain if the ECRL project is resumed as the government had reiterated […]
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