Laos and Malaysia plan to continue to promote economic cooperation after seeing the progress made in recent years. Malaysia’s investments have helped to improve the quality of life for Lao people, it was noted when economic experts from the two countries met in Vientiane last week. The Lao delegation was led by the Director of […]
Read MoreKUALA LUMPUR, Nov 7: The ringgit opened higher against the US dollar today on increased demand, buoyed by rising crude oil prices, said a dealer. At 9.10 am, the local unit traded at 4.2235/2265 against the greenback from 4.2300/2330 on Monday. OANDA Head of Trading Asia-Pacific Stephen Innes said despite the escalation of regional geopolitical tensions […]
Read MoreKUALA LUMPUR: Malaysia’s population increased to 32.20 million in the third quarter ended Sept 30, 2017 from a year ago, according to the Statistics Department. It announced on Tuesday this was an increase of 1.3% from the 31.70mil in the previous corresponding quarter in 2016. The chief statistician, Datuk Seri Dr Mohd Uzir Mahidin said […]
Read MoreKUALA LUMPUR: Malaysian crude palm oil (CPO) output may have grown 9% month-on-month to 1.95 million tonnes in October, 2017, according to survey findings by the CIMB Futures team. Meanwhile, palm oil export likely grew by about 2.4% on-month, based on export statistics. “The m-o-m rise in exports in October was due mainly to stronger […]
Read MoreKUALA LUMPUR: Online hiring activity in Malaysia recorded a 7% growth in September 2017 over the same month last year, with the oil and gas sector emerging as the best-performing sector, according to the latest Monster Employment Index. The index, a gauge of online job posting activities, is compiled monthly by Monster.com. Monster.com said the […]
Read MoreKUALA LUMPUR: The two percentage points cut in individual income tax rate in Budget 2018 announced last week would reduce the government’s tax revenue collection by RM1.3bil, said Second Finance Minister Datuk Seri Johari Abdul Ghani. Nevertheless, he was confident the country’s economy would continue to be stimulated through the government’s planned expenditure. “We (government) […]
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