KUALA LUMPUR: Malaysia’s economy is expected to continue growing at a slow rate between November 2018 to January 2019 in view of the current moderate trend, says the Department of Statistics Malaysia. In a statement titled “Malaysian Economic Indicators: Leading, Coincident and Lagging Indexes June 2018” released today, the department said the monthly change of […]
Read MorePETALING JAYA: Despite the escalation in the US-China trade war which may dent exports of emerging markets, Malaysia is poised to maintain a trade surplus for this year and 2019, albeit slightly lower than in 2017. Towards this end, some economists told StarBiz that they are projecting a current account surplus of between 2% and 2.5% of gross domestic product (GDP) for 2018 and 2019. […]
Read MoreE-commerce exporters in China and Australia, consumers in Malaysia, Thailand and Vietnam, and DHL eCommerce are all expecting benefits from the introduction of a Cross Border Cash-on-Delivery (COD) system by Deutsche Post DHL Group. Announced Monday September 17, the DHL e-Commerce Cash on Delivery (COD) service will allow consumers in the three Asean countries to pay in cash when they receive […]
Read MoreKUCHING: Malaysia’s inflation has been projected to gradually rise after the implementation of the sales and service tax (SST) beginning September 2018. The research arm of Kenanga Investment Bank Bhd (Kenanga Research) expected inflation to gradually rise after the implementation of the SST in September along with the impact of a weaker ringgit which could […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures fell to a three-year low on Thursday, weighed down by expectations of rising production and end-stocks in producer nations Indonesia and Malaysia. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed down 0.6 percent at 2,146 ringgit ($519) a tonne. It had touched an intraday low of 2,173 ringgit, […]
Read MorePETALING JAYA: Maybank IB Research has raised its 2018 and 2019 headline inflation rate forecasts to 1.0%-1.5% and 2.0-2.5% respectively. The research outfit said on Thursday that both headline and core inflation rates in January-August 2018 were subdued at +1.3% y-o-y and +1.1% y-o-y respectively. Given the year-to-date inflation rate, the end of “consumption tax […]
Read More
Thailand
