KUALA LUMPUR, Feb 19 — The ringgit opened lower versus the US dollar today, as demand for the greenback remained higher against a basket of Asean currencies amid lingering Covid-19 worries.
KUALA LUMPUR, Feb 18 — The World Bank is in the midst of reviewing the economic impact of the Covid-19 outbreak on Malaysia’s economy before deciding whether to revise the country’s gross domestic product (GDP) growth target.
KUALA LUMPUR, Feb 18 — Moody's Investors Service opines that the Covid-19 outbreak adds to other pressures on growth in Asia Pacific, with the impact felt primarily through trade and tourism, and for some sectors also through supply-chain disruptions.
KUALA LUMPUR, Feb 18 — About 71 percent of respondents in Malaysia in a survey expect the domestic economy to to improve this year, said human resources company Randstad.
KUALA LUMPUR, Feb 18 — The ringgit continued its downtrend from last week following worries surrounding global markets as Covid-19 fears continue to persist.
CHICAGO, Feb 14 — The effect of the disease caused by the novel coronavirus, known as Covid-19, on the Chinese economy will be limited, said Khairy Tourk, a professor of economics with the Stuart School of Business of the Illinois Institute of Technology in Chicago.
KUALA LUMPUR, Feb 13 — The government will ensure that development projects approved for 2020 as well as initiatives under the economic stimulus package are implemented immediately, says Datuk Seri Mohamed Azmin Ali.
KUALA LUMPUR, Feb 13 — The proposed economic stimulus package to cushion the negative impact of Covid-19 is timely to boost the domestic economy as the external sector has become increasingly wobbly, according to economists.
KUALA LUMPUR, Feb 13 — The ringgit opened lower against the US dollar in early trade as below-than-expected fourth quarter 2019 gross domestic product (GDP) results curbed investors’ appetite for the local currency, a dealer said.
[caption id="attachment_206156" align="alignnone" width="1200"] Boeing — File Picture[/caption] KUALA LUMPUR, Feb 12 — Aircraft manufacturer Boeing estimates airlines in Southeast Asia will need 4,500 new airplanes over the next 20 years, valued at US$710 billion at list prices. Single-aisle...
KUALA LUMPUR, Feb 12 — Malaysia’s economy expanded by 3.6 per cent in the fourth quarter of 2019, dragging the full-year Gross Domestic Product (GDP) growth at 4.3 per cent, the lowest since the 2009 financial crisis amid supply disruptions in the commodity sector, Bank Negara Malaysia (BNM) announced today.
[caption id="attachment_206434" align="alignnone" width="1200"] Tun Dr Mahathir Mohamad.
[caption id="attachment_205770" align="aligncenter" width="900"] File Picture BERNAMA[/caption] KUALA LUMPUR, Feb 6 — The government is doing its level best to weigh the needs to protect and enhance the welfare of the people, amidst grappling with financial constraints, in arriving at its...
[caption id="attachment_206323" align="aligncenter" width="900"] A special committee has been set up to study on issues relating to the gig economy to find a long-term solution.
[caption id="attachment_204962" align="alignnone" width="1200"] Picture by MKJR/UNSPLASH[/caption] KUALA LUMPUR, Feb 4 — Malaysia’s total trade is expected to reach RM2 trillion in 2020, said Deputy International Trade and Industry Minister Dr Ong Kian Ming. He said the target is based on the...
KUALA LUMPUR, Feb 4 — Fears of China's novel coronavirus outbreak and its potential impact on the world's growth continued to pressure the ringgit to open lower against the US dollar on Tuesday.
KUALA LUMPUR, Feb 3 — Proton has recorded a total of 8,506 new registrations in January this year, up 20.2 per cent over the same period last year, marking its most successful January sales in four years.
[caption id="attachment_206234" align="aligncenter" width="900"] Picture by TROY MORTIER / UNSPLASH[/caption] KUALA LUMPUR, Feb 3 — Shares of AirAsia Group Bhd and AirAsia X Bhd on Bursa Malaysia dropped in active trade after reports alleging executives of both companies of corruption and...
[caption id="attachment_206145" align="aligncenter" width="986"] Lim Guan Eng.
[caption id="attachment_205159" align="alignnone" width="1200"] Economic Affairs Minister Datuk Seri Mohamed Azmin Ali speaking to the journalists after the first Round Table Sessions in conjunction with the 2019 Kuala Lumpur Summit 2019 at the Kuala Lumpur Convention Centre on December 19, 2019.
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