Jo Ghani notes that the 19 pct rate is on par with many other Asean nations.

By Zareef Muzammil KUALA SELANGOR, Feb 26 — The Selangor Agricultural Development Corporation (PKPS) is actively identifying strategic locations for the development of high-impact agricultural projects and modern farming. Its chief executive officer Mohamad Khairil Mohamad Razi said the...

KUALA LUMPUR, Dec 20 — Hong Leong Investment Bank (HLIB) Research expects staple products to remain stable in the first half of 2024 on the back of a steady unemployment rate, rising in-home consumption in light of living cost pressures and subsidy rationalisation, as well as spending caution with tightening of credit conditions.

KUALA LUMPUR, Nov 28 — Malaysia’s Producer Price Index (PPI), which measures the prices of goods at the factory gate, declined by 0.3 per cent year-on-year (y-o-y) in October 2023 after recording a 0.2 per cent growth in September, the Department of Statistics Malaysia (DoSM) said.

SHANGHAI, Nov 14 — Malaysia plans to further solidify its involvement in China’s Belt and Road Initiative (BRI) and explore a wider economic partnership with the world’s second-largest economy in emerging growth areas such as sustainable development and green trade, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

KUALA LUMPUR, Oct 30 — Malaysia is planning to cooperate with foreign scientists and experts to assist in elevating the country’s palm oil image at the international level.

KUALA LUMPUR, Oct 30 —The Malaysian Palm Oil Board (MPOB) has approved RM983,000 to 117 oil palm smallholders, with a maximum value of RM16,250, until August 2023 to finance agricultural input loans for fertilisers, pesticides and seeds.

KUALA LUMPUR, July 12 — The ringgit appreciated against the US dollar at the opening today, supported by rising oil prices and strong demand from China for Malaysia’s main commodities, particularly oil, said an analyst.

KUALA LUMPUR, March 29 — Despite moderating in the fourth quarter (4Q) of 2022, headline inflation is expected to remain elevated in 2023, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, March 27 — A total of 20,970 foreign worker employment quota has been approved for the plantation sector under the Foreign Worker Employment Relaxation Plan (FWERP) as of March 18, 2023.

KUCHING, Feb 18 — The European Union (EU) needs to take a more open attitude over the bloc's restrictions on the entry of certain commodities, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, Feb 3 — Malaysia’s headline consumer price inflation is expected to moderate to between 2.5 and 3.0 per cent in 2023, compared to 3.3 per cent estimated for 2022, mainly driven by the easing of global supply constraints and stabilising of commodity prices.

KUALA LUMPUR, Feb 2 — The Ministry of Plantation and Commodities will look at research and development (R&D) and marketing Malaysia’s products internationally in the re-tabling of Budget 2023 on February 24, said Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, July 19 — The overall inflationary pressure in Malaysia will remain stable particularly with the receding global commodity prices, says MIDF Research.

KUALA LUMPUR, May 24 — Malaysia will be among the economies that will win big from the high commodity prices and will pay less of a price on the inflation side as it exports several times of its domestic production, according to a Moody’s Analytics report.

KUALA LUMPUR, March 30 — Malaysia’s headline inflation is forecast to remain manageable this year, averaging between 2.2 per cent and 3.2 per cent (2021:2.5 per cent) while fuel inflation, which underpinned the higher headline inflation in 2021, is projected to moderate in 2022, Bank Negara Malaysia (BNM) said.

KUALA LUMPUR, Nov 15 — CGS-CIMB Securities Sdn Bhd  (CGS-CIMB) has lowered its 2021 gross domestic product (GDP) growth forecast from 3.9 per cent year-on-year (y-o-y) to 3.5 per cent y-o-y to reflect weaker-than-expected GDP performance in the third quarter of 2021 (Q3 2021).

KUALA LUMPUR, Nov 10 — Kenanga Investment Bank Bhd has revised its forecast for Malaysia’s 2021 manufacturing production upwards to 8.5 per cent from 7.0 per cent projected earlier, driven by an expected surge in domestic demand.

KUALA LUMPUR, March 16 — The Asia-Pacific (Apac) economy continues to lead global growth as vaccines begin to be rolled out throughout the region as well as across the globe, according to Moody’s Analytics.

KUALA LUMPUR, Jan 29 — The Malaysian plantation fraternity involved in the entire palm oil supply chain will continue to offer sectoral-related and most practical recommendations to the policymakers and the authorities to help mitigate the spread of Covid-19 in the industry.