KUALA LUMPUR, June 24 — A recent survey which said the majority of Malaysians wants the government to ban alcohol, sugary beverages and nightclubs as well as smoking and vaping has been criticised by trade groups. They said such a move would not only mean a loss of income for the government but in all […]
Read MoreKUALA LUMPUR (June 24): Inflation in Malaysia is poised to catch up with neighbouring countries in the second half of this year, after relatively benign consumer price index (CPI) readings until April, thanks to the blanket fuel subsidy, low utilities prices and the inclusion of price-controlled items in the CPI basket. Across the Causeway, Singapore’s headline […]
Read MoreKUALA LUMPUR, June 24 — The ringgit opened marginally higher against the US dollar today, ahead of Malaysia’s consumer price index (CPI) report for May 2022, scheduled to be released by the Department of Statistics (DoSM) today, said an analyst. At 9.00am, the local currency rose to 4.4020/4050 against the greenback from Wednesday’s close of […]
Read MorePETALING JAYA: Johor’s manufacturing sector recorded an investment value of RM2.24bil from January to March this year. State Investment, Trade and Consumer Affairs Committee chairman Lee Ting Han said the value of investments in the services sector for the same period was RM23mil. “This value shows an increased rate of almost 30% when compared to […]
Read MoreKUALA LUMPUR: Malaysia’s economic recovery is in a better direction, as the performance of the Leading Index (LI) for April 2022 eased to a better negative of 0.5 per cent from a negative 1.4 per cent in March 2022, said the Department of Statistics Malaysia (DoSM). The LI is a predictive tool used to anticipate […]
Read MoreKUALA LUMPUR, June 23 — Malaysia’s labour market is expected to strengthen further in the second half of 2022 (2H2022), underpinned by the return of workers from Indonesia today. Indonesia’s ambassador to Malaysia, Hermono, has reportedly said that Malaysia will receive the first group of Indonesian migrant workers today since the reopening its borders, and […]
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