SUBANG: Malaysia is currently observing the development of the US decision to impose new import tariffs on steel and aluminium, in terms of reactions from the affected countries. Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan said the Government wanted to be prudent on the matter as the US has been one of […]
Read MoreThe International Monetary Fund (IMF) in its latest country report on Malaysia concluded that the nation is “well on its way to achieving high-income status,” but still has work to do to “pass the finishing line.” Malaysia’s economy continues to perform strongly, the IMF noted, with higher than anticipated growth at 5.8 per cent in […]
Read MoreKUALA LUMPUR: The ringgit opened higher against the US dollar today on renewed buying interest in the local note, as news on proposed US tariffs on aluminium and steel continued to linger over the market, said a dealer. At 9 am, the local note was quoted at 3.8990/9040 versus the greenback from Monday’s 3.9050/9080. OANDA […]
Read MoreKUALA LUMPUR: Maybank Investment Bank Research forecasts a moderation in operating profit growth of Malaysian banks to 5.4% in 2018 from 9.4% in 2017. It said on Tuesday the faster domestic loan growth (Maybank Research estimate: 4.5% vs 4.1% in 2017) and prevailing positive JAWS are offset in part by more modest net interest margins […]
Read MoreKUALA LUMPUR: Malaysia’s trade exports in January surged 17.9% year-on-year to RM82.86bil, underpinned by growth in all major sectors and increased trade with its major trading partners. The Ministry of International Trade and Industry (MITI) said in its external trade statistics report that imports grew 11.6% to RM73.15bil, resulting in a trade surplus of RM9.71b. […]
Read MoreKUALA LUMPUR: Malaysia is the only beneficiary of foreign inflow among seven Asian exchanges last week, according to MIDF Research. The research house said the foreign tide into Bursa continues for the third consecutive week, albeit at a slightly slower pace. “Based on preliminary data from Bursa which excluded off market deals, the net amount […]
Read More
Thailand
