PETALING JAYA: National success in the Fourth Industrial Revolution hinges on key factors such as Malaysians upgrading their skills, raising their English proficiency and embracing the digital economy. “We are, and we have been, focused on the future,” the Prime Minister said in his keynote address at Invest Malaysia 2018. “And we know that depends […]
Read MoreKUALA LUMPUR: Industrial chemicals distributor Samchem Holdings Bhd is exploring the possibility of listing its Vietnam unit Samchem Sphere JSC (Samchem Sphere) on the Ho Chi Minh Stock Exchange to capitalise on the country’s fast-growing economy. “The proposed listing will enable Samchem to capitalise on the fast-growing Vietnamese economy and the potential growth of the industrial chemical […]
Read MorePETALING JAYA: A 25 basis-point hike in the overnight policy rate (OPR) could be announced by Bank Negara’s monetary policy committee (MPC) today, say analysts from two research firms. Chief economist at AmBank Group Anthony Dass said there was room for Bank Negara to raise rates by 25bps due to the stronger ringgit against the […]
Read MoreKUALA LUMPUR: Malaysia’s inflation rose 3.4% in November from a year ago due to higher fuel costs but the increase was below the forecast of a 3.5% increase. The Statistics Department said on Wednesay the inflation rate, as measured by the consumer price index (CPI) was up 0.7% from October. Core inflation rose 2.2% in […]
Read MoreKUALA LUMPUR, Jan 24: Bank Negara Malaysia (BNM) may raise its overnight policy rate (OPR) by 25 basis points (bps) to 3.25 per cent on Thursday, in a move to anchor inflation expectations, said Bloomberg economist, Tamara Mast Henderson. In a statement, she said Bloomberg Economics’ view was in line with the median forecast in a […]
Read MoreKUALA LUMPUR, Jan 23: Malaysia’s gross domestic product (GDP) is forecast to grow 5.4 per cent year-on-year (y-o-y) in 2018, mainly driven by domestic demand, which is projected to increase 5.2 per cent y-o-y, the Malaysian Institute of Economic Research (MIER) said. Executive Director Dr Zakariah Abdul Rashid said both consumers and producers from the private […]
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