KUALA LUMPUR: The consumer price index (CPI) for January 2017 rose 3.2% from a year ago, mainly due to the increase in petrol prices and food and exceeding a Bloomberg survey of a 2.7% rise. The Statistics Department said on Wednesday the inflation rate rose 1.1% from December 2016. It said the CPI rose 3.2% […]
Read MoreREGARDLESS of everything that has changed over the past millennia, gold has maintained its position as a valuable asset. Today, there seem to be two schools of thought. One school says gold is an excellent asset to diversify your portfolio and to protect your wealth against inflation. The other school says gold is an outdated, […]
Read MoreKUALA LUMPUR (REUTERS) – Malaysia’s economy grew 4.5 per cent in the fourth quarter from a year earlier, ending a year of tepid growth on a stronger note helped by solid exports and resilient domestic demand. Fourth-quarter growth was driven by private sector spending and manufacturing and services sectors, the central bank said on Thursday […]
Read MoreIts sustainability may be difficult due to new financing schemes PETALING JAYA: The high level of household debt in the country is far from over and has room to creep up although the latest data by Bank Negara showed slower growth in household loans last year. Economists and analysts told StarBiz that although the household […]
Read MorePETALING JAYA: Malaysian banks are poised to benefit from the fast-growing Cambodian economy, says TA Research. The research house noted that the government had been very supportive in developing the financial system there. “At present, the country does not impose a limit on foreign shareholding in domestic banks. That said, there are currently 36 commercial […]
Read MoreKUALA LUMPUR: The outlook of Malaysia’s medical tourism industry is expected to be positive in the long term with the burgeoning demand for healthcare services, both domestic and international, coming from especially an increasingly affluent and ageing population, due to reasonable pricing. Malaysian Industrial Development Finance (MIDF) Research Equity Analyst, Athila Razali, said most treatments, […]
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