KUALA LUMPUR, June 24 — Malaysia’s Consumer Price Index (CPI) increased 2.8 per cent year-on-year to 126.6 in May 2022 from 123.1 in May 2021, according to the Department of Statistics Malaysia (DOSM).

BANGKOK, June 23 — Thailand's central bank said on Thursday any hikes in its benchmark interest rate to tame above-target inflation would be gradual, as the economy faces a slow recovery and a weakening baht currency.

JAKARTA, June 23 — Indonesia's central bank left interest rates at a record low on Thursday, saying it was monitoring risks from rising inflation and would adjust monetary policy as needed.

KUALA LUMPUR, June 20 — MIDF Amanah Investment Bank Bhd (MIDF) expects the US Federal Reserve (Fed) would increase its interest rate to 3.40 per cent by year-end.

KUALA LUMPUR, June 20 — Moody’s Analytics expects global real gross domestic demand (GDP) growth to decelerate in 2022, as policy support fades, pent-up demand cools, supply-side inflation remains elevated, and interest rate tightening gains pace.

KUALA LUMPUR, June 12 — The government must take a holistic approach in executing structural reforms, including the possible reinstatement of the Goods and Services Tax (GST), that will boost the country's economic resilience as well as the ringgit in the long run, according to economists.

MANILA, June 8 — The Philippines said on Tuesday it has extended until the end of 2022 an executive order that lowers the tariff rate for rice imported from outside Southeast Asia to 35 per cent from 40 per cent-50 per cent.

KUALA LUMPUR, June 8 — The ringgit inched up against the US dollar on Wednesday, albeit at a slower pace, following a global scenario of inflation and economic policy tightening.

KUALA LUMPUR, June 3 — Malaysians from almost every income group are crying foul over the looming food supply shortage and soaring prices.

KUALA LUMPUR, June 2 — The ringgit continued to trend easier against the US dollar today as sentiments weakened for the local note amid higher inflation reported in the country and lower oil prices, analysts said.

KUALA LUMPUR, June 1 — Malaysia’s inflation increased by 2.5 per cent driven by the rising food and fuel prices in 2021, the Department of Statistic Malaysia (DOSM) said.

KUALA LUMPUR, May 26 — Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.

REUTERS, May 26 — From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure, a strategy that appears to be working at least for now.

KUALA LUMPUR, May 25 — The Consumer Price Index (CPI) in April 2022 increased 2.3 per cent to 125.9 compared with 123.1 in the same month of the preceding year, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, May 24 — Malaysia's economy is heading towards the right direction despite the challenging environment, especially with the expectation of a higher inflation rate, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

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, May 13 — Malaysia’s economy has rebounded in the first quarter of 2022 (Q1 2022), registering a five per cent growth versus a contraction of 0.5 per cent in Q1 2021.

KUALA LUMPUR, May 12 — The government needs to regulate the rise in prices of goods to mitigate inflation risks, said an economist.

KUALA LUMPUR, Apr 25 — The global supply chain disruptions due to the Covid-19-triggered lockdowns in China and the ongoing Russia-Ukraine war may continue to boost costs, causing inflation to rise.

KUALA LUMPUR, April 23 — The Ministry of Finance (MOF) said the ringgit has remained competitive, with inflation in check, despite headwinds from global geopolitical tensions and uncertainties.