[ad_1] PETALING JAYA: To ensure the country’s economic growth, the government aims to become more pro-business with the aim of making doing business in Malaysia considerably easier overall. Transport Minister…
Tag: economicgrowth
China factory, services activity shrink in sign of recovery woes
[ad_1] BEIJING: Activity in China’s manufacturing and services sectors shrank in November, adding to expectations for additional government support for the economic recovery as it struggles to regain steam. The…
Inflation at more than two-year low
[ad_1] PETALING JAYA: Malaysia’s headline inflation hit more than two-year low after the consumer price index (CPI) unexpectedly decelerated further in September 2023. Data from the Statistics Department showed CPI…
Ensuring sufficient liquidity
[ad_1] EXCESS capital buffers stood at RM142.3bil as at end-July 2023, while the Common Equity Tier-1 Capital, Tier-1 Capital and total capital ratios remain stable at 15.1%, 15.6% and 18.8%,…
Making progress in navigating high-impact economic growth
[ad_1] DIRECT investments play an important role in the economic growth of Malaysia. Direct investments recorded a net outflow from 2008 to 2015 but turned positive from 2016 to 2022…
Ireland plans US$106bil sovereign wealth fund
[ad_1] DUBLIN: Ireland lays out plans in its budget to turn some of the healthiest public finances in Europe into a €100bil (US$106bil) sovereign wealth fund, while also announcing a…
Govt likely to cut subsidies for fiscal strength
[ad_1] KUALA LUMPUR: Malaysia is expected to make subsidy cuts for the well-off and provide cash aid for the needy as part of its budget plan for 2024, prioritising support…
Fiscal tightening likely to take centrestage
[ad_1] PETALING JAYA: Budget 2024, which will be tabled on Oct 13, will likely pay strong emphasis on fiscal tightening with the aim to further consolidate the high fiscal deficit…
Global challenges: Malaysia’s industries must ‘go big or go home’
[ad_1] THE first half of 2023 (1H23) saw Malaysia’s economy chalking many positive indicators, including the 5.6% growth in the first quarter of this year (1Q23), which topped forecasts and…