KUALA LUMPUR: The Malaysian consumer price index (CPI) rose 0.2% in November to 121.0 compared with 120.8 recorded in the same period a year ago, said the Department of Statistics. The rise was due to the higher price for housing, water, electricity, gas and other fuels (+2.0 per cent), education (+1.4 per cent), restaurants and […]
Read MoreKUALA LUMPUR: Global investors have regained confidence in Malaysia and its currency after the surprise victory of the Pakatan Harapan in the recent general election, says S&P Global Ratings. The rating agency, in its latest report, said nearly one in five (20.5%) polled intend to increase their exposure to the ringgit, up considerably from six […]
Read MoreKUALA LUMPUR: Barely a week after the International Monetary Fund slashed Malaysia’s economic growth forecast for 2018 to 4.7%, the World Bank has followed suit by cutting the country’s growth forecast for the second time this year. In the 19th edition of the Malaysia Economic Monitor, the multilateral agency trimmed the 2018 gross domestic product […]
Read MoreKUALA LUMPUR: The World Bank slashed Malaysia’s 2018 economic growth projection for the second time this year, bringing the forecast slightly lower than the Finance Ministry’s official guidance of 4.8%. The government’s declining expenditure as well as lower public and private investments have led the World bank to cut its gross domestic product (GDP) forecast […]
Read MoreKUALA LUMPUR: Global investors have regained some confidence in Malaysia and its currency after the surprise victory of the Pakatan Harapan in the GE14 in May 2018, says S&P Global Ratings. In its report issued on Tuesday, it said nearly one in five (20.5%) polled intend to increase their exposure to the ringgit, up considerably […]
Read MoreKUALA LUMPUR: The International Monetary Fund (IMF) is projecting Malaysia’s real gross domestic product (GDP) growth at 4.7 per cent for 2018, compared with an earlier forecast of 5.3 per cent made on March 7. The IMF said headline inflation was declining and expected to average around 1.1 per cent this year. “Credit growth has […]
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