KUALA LUMPUR, Sept 17 — The ringgit extended Wednesday’s loss to close lower against the US dollar today, in line with the downtrend in other emerging currencies as more investors shifted towards safe haven assets, dealers said.
KUALA LUMPUR, July 19 — Malaysia’s fiscal deficit is expected to go up to between 6.5 and seven per cent of its gross domestic product (GDP) this year from the six per cent targeted earlier, after factoring in the recent stimulus packages announced by the government.
KUALA LUMPUR, April 28 — The Asian Development Bank (ADB) projects Malaysia’s gross domestic product (GDP) to rebound to 6.0 per cent in 2021 and stabilise at about 5.7 per cent in 2022, supported by the rollout of Covid-19 vaccines.
KUALA LUMPUR, Feb 4 — The Asia-Pacific Economic Cooperation (Apec) is forecasting the region’s economy to expand by 5.7 per cent this year and 4.1 per cent in 2022, but growth is expected to be uneven across the Apec economies.
KUALA LUMPUR, Feb 2 — Shares on Bursa Malaysia were mixed at the close on Tuesday, as profit-taking activities in small cap and financial services stocks took a toll on its performance following the rebound earlier today.
KUALA LUMPUR, Jan 15 — Bursa Malaysia ended the last trading day of the week in negative territory as sentiment took a hit due to fresh US-China trade tensions while investors assessed US President-elect Joe Biden’s massive Covid-19 aid plan.
KUALA LUMPUR, Jan 5 — After an eventful 2020 which pushes the global economy towards recession, including Malaysia, the after-effects are expected to be shallow this year as the economy makes a come back.
KUALA LUMPUR, Sept 24 — The extension of the Wage Subsidy Programme for another three months until December 2020 provides the much needed support for industries in sustaining their business and safeguarding employment.
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