CATEGORY

Finance & Economy

Fitch: Power And Renewables Make Strong Rebound

Fitch Ratings forecasts an improving operating environment for the Asia-Pacific power and renewables sector in 2021, as the region's economy gradually recovers from the...

Finance Minister Optimistic Malaysia Can Achieve 7.5% GDP in 2021

Tengku Zafrul, Malaysia's Finance Minister under the Perikatan Harapan coalition has expressed optimism that Malaysia's 2021 gross domestic product (GDP) would grow within the...

Kenanga Investment Bank Posts Highest Profits In Ten Years

Defying odds, this could summarise on company's registering unseen level of revenue in a year that feels like a Hollywood Armageddon movie. The pandemic...

Encouragement For Micro Businesses To Go Cashless

The COVID-19 pandemic has had a profound impact on Malaysia and our economy as it has around the world. Against this backdrop, we are...

Government Budget Rose 13.5% To RM264.41 Billion For 2019

The Federal government recorded a revenue of RM264.415 billion in 2019, a 13.5 per cent (RM31.532 billion) increase compared to 2018. Meanwhile, operating expenditure approved last...

Budget 2021 Focused On Restoring Economy-PM

All eyes will be focused on the upcoming Budget tabling that is set to take place this week, the Prime Minister has acknowledged various...

Securities Commission Revises Guidelines On Digital Assets

The Securities Commission Malaysia (SC) has revised its Guidelines on Digital Assets (Guidelines), which came into force today to regulate Initial Exchange Offerings (IEO)...

Agrobank Committed In Ensuring Food Security With New Funding Schemes

In conjunction with World Food Day which was on October 16,  Agrobank stays committed with its agro allies - agropreneurs, farmers, regulators, scientist  and...

Malaysia’s Q4 Economy Hinges On Flattening The Curve

By OCBC Bank economist Wellian Wiranto In the end, there is no avoiding it. Malaysia’s government announced a return to Conditional MCO, a partial movement...

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...