CATEGORY

Finance & Economy

Japanese April spending sees sharpest drop since 2001

Japan's household spending recorded its worst drop in nearly two decades in April, government data showed Friday, as the world's third-largest economy reels from...

Singapore warns of worst economic contraction since independence

Singapore's embattled economy could shrink by as much as seven percent this year, which would be the worst reading since independence, with the government...

Latest OPR cuts by BNM to fight the Covid-19 impact

Bank Negara Malaysia reduces the overnight policy rate (OPR) by 50 basis points(bps) to 2 percent, as expected by economists, their lowest level since...

The last thing we need is war

By Dr Mohd Afzanizam Abdul Rashid. As more countries begin to reopen their economy, the trade war between the US and China which has been...

Largest dip in oil prices bound to affect government revenue, economists say

By Poovenraj Kanagaraj The oversupply of crude oil as a result of the ongoing Coronavirus crisis saw a historic outcome as US oil prices turned...

Diversified portfolio investments may help during volatile periods

By Poovenraj Kanagaraj “One day the market’s up. Then next day, it’s down. Sometimes those ups and downs all happen in a single day and...

SC’s game changing funding options for SMEs

By Sharon Chang The coronavirus is predominantly a global tragedy, not only affecting hundreds of thousands of people, but also having a growing impact on...

Recession today, opportunity tomorrow: how to build sustainability today and prepare for the coming economic recovery

By Dr V. Sivapalan As I write this article more than 1.5 million people worldwide have been infected by COVID-19, ninety thousand people have lost...

Brace for impact

By Dr Mohd Afzanizam Abdul Rashid Little that we know, micro-organism such as novel coronavirus disease or famously known as Covid-19 has a severe impact...

ACCCIM proposes to increase wage subsidy to RM 1,200 from RM 600

The Associated Chinese Chambers and Industry of Malaysia (ACCCIM) has suggest six main issues for Putrajaya to consider in regards to assistance for businesses. In...

Asian markets mostly up, dollar sinks on stimulus pledges

Asian equities mostly rose and the dollar extended losses Friday, with traders buoyed by government and central bank pledges to prop up the global...

HSBC goes above and beyond in its support for customers impacted by COVID-19

Following Bank Negara Malaysia's (BNM) guidelines, HSBC Malaysia (comprising both HSBC Bank Malaysia Berhad and HSBC Amanah Malaysia Berhad) is offering automatic moratorium for HSBC Malaysia’s...

Bank Negara Grants Six-Month Automatic Moratorium On Loan Repayments

In view of the Covid-19 pandemic, Bank Negara Malaysia (BNM) is providing measures to ease the financial constraints of individuals and small and medium sized...

Asian Markets Sink As Pandemic Deaths Soar

Monday 3/23/2020 - 16:35 UTC+8 Asian markets were hammered today despite massive economic stimulus efforts worldwide, with investors spooked by the relentless march of the...

ACO debuts on the ACE Market of Bursa Malaysia

ACO Group Berhad has debuted on the ACE Market of Bursa Malaysia Securities Berhad today. The stock is categorised under the Industrial Products and...

Private, online and hi-tech: the coronavirus economy

The coronavirus pandemic has sent stock markets into free fall and industries to the wall, however many firms enabling more private, online and tech-based...

Alliance Bank Extends Financial Assistance To Customers

This is a challenging time for everyone who are impacted by the ongoing COVID-19 pandemic. With this in mind, Alliance Bank Malaysia Berhad (“Alliance Bank”...

StanChart Global Research lowers Malaysia’s GDP growth forecast to 2.5 percent amid Covid-19 outbreak

The Standard Chartered Global Research team has lowered their 2020 Growth Domestic Product (GDP) growth to 2.5 percent from 4.2 percent in order to...

Covid-19 outbreak and movement restriction order places Malaysia in a tight spot, economically

Prime Minister Tan Sri Muhiyiddin Yassin’s two week Movement Restriction Order (MRO) in order to curb further outbreak of the Covid-19 virus will have...

HSBC Offers Liquidity Relief As Malaysians Face Challenges Economically

As businesses and individuals are facing challenging times amidst the Covid-19, HSBC Malaysia is extending liquidity relief assistance to its customers affected by the...