PETALING JAYA: Job platform foundit, previously known as Monster, expects labour market in Malaysia to continue expanding in the coming months, following the month-on-month growth shown by its foundit Insights Tracker (fit). Based on fit, the local e-recruitment activity grew at a robust 21% year-on-year (y-o-y) in December 2022, following the easing of travel restrictions […]
Read MoreKUALA LUMPUR (Feb 1): Talent platform foundit reported a 65% increase in hiring activity in Malaysia’s retail industry year-on-year (y-o-y) in December 2022 due to robust retail sales and an upward trend in consumer sentiment. “The easing of Covid rules and regulations, fast-growing retail business, along with borders reopening to boost import/export and resume travel […]
Read MorePETALING JAYA: Consumer downtrading will continue to be a central theme for the consumer sector in Malaysia this year amid the rising cost of living. This will benefit consumer staples stocks such as those in the food and beverage industries, while discretionary stocks will likely see a mixed performance in 2023. As such, CGS-CIMB Research, […]
Read MorePETALING JAYA: Malaysian companies were found to have an average of more than 50% of women occupying revenue-producing roles, surpassing the global average of 41%. The findings were derived from four local firms; Bursa Malaysia Bhd, Digi.com Bhd, Malayan Banking Bhd, and Top Glove Corp Bhd, which took part in Bloomberg Ltd Partnership’s 2023 Gender-Equality Index (GEI). A tool […]
Read MoreKUALA LUMPUR: While economists are positive on the impact of the easing of China’s zero-Covid restrictions on the Malaysian economy, fund managers believe investor sentiment on the Bursa Malaysia will be driven by domestic factors and relative valuations. According to Sunway University economics professor Dr Yeah Kim Leng, China and Hong Kong combined absorbed 19.7% […]
Read MoreKUALA LUMPUR: Malaysia’s Producer Price Index (PPI) rose 3.5 per cent in December 2022 compared to the 3.2 per cent expansion in November, the Department of Statistics Malaysia (DOSM) reported today. The PPI measures the prices of goods at the factory gate. Chief statistician Malaysia Datuk Seri Mohd Uzir Mahidin said all sectors posted an […]
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