PETALING JAYA: Malaysia’s Consumer Price Index for March rose by 1.3% from a year ago, which was below a survey of a 1.6% increase, according to the Statistics Department. However, Selangor and Putrajaya recorded higher inflation at 1.6%, Melaka 1.5% and Kuala Lumpur 1.4%. Its chief statistician Datuk Seri Mohd Uzir Mahidin said the national […]
Read MorePETALING JAYA: The multibillion ringgit East Coast Rail Link (ECRL) project is expected to benefit the local economy through contracts awarded to Malaysian companies and jobs created. Upon completion, the RM60bil project which will link Port Klang to Pengkalan Kubor, Kelantan, will also ensure a more efficient movement of people and goods, through 24 stations. […]
Read MorePETALING JAYA: 7-Eleven Malaysia Holdings Bhd ’s unit, Convenience Shopping (Sabah) Sdn Bhd, is proposing to acquire a 60% stake in food supplier Cafe Decoral Sdn Bhd (CDSB) for RM600,000. The stake is to be acquired from its vendors Ng Kin Chen, Ng Lee Chin and Public Yong Tow Foo Sdn Bhd. CDSB is a food supplier […]
Read MoreKUALA LUMPUR: Malaysia’s Consumer Price Index for March rose by 1.3% from a year ago, which was below a survey of a 1.6% increase, according to the Statistics Department. However, Selangor and Putrajaya recorded higher inflation at 1.6%, Melaka (+1.5%) and Kuala Lumpur (+1.4%). [ Four states recorded higher increases for food & non-alcoholic beverages […]
Read MoreKUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday on continued buying momentum for the local note, supported by the positive Malaysian economy, a dealer said. At 9.01am, the ringgit was quoted at 3.8875/8920 from the 3.8885/8925 recorded at Tuesday’s close. A dealer said the ringgit received a boost from higher global […]
Read MoreKUALA LUMPUR: The Malaysian capital market’s prospects look promising in the second half of 2018 (H2’18) as uncertainties in the market are expected to ease gradually, according to RHB Investment Bank CEO Robert Huray. He said the retail participation of local investors have continued to improve, amid the market volatility and uncertainties over the last […]
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