Economics

Ringgit opens lower against dollar ahead of US Fed meeting

KUALA LUMPUR: The ringgit opened lower against the US dollar today, as market participants adopted a wait-and-see approach ahead of the…

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China to raise retirement age as demographic crisis looms

BEIJING: China said Friday it would gradually raise its statutory retirement age, as the country grapples with a looming demographic…

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Time for RON95 subsidy rationalisation is now – economists

KUALA LUMPUR: CGS International's economists today said the time for subsidy rationalisation for RON95 fuel is now, given the strengthening…

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Ringgit marginally higher against US dollar on rate cut expectations

KUALA LUMPUR: The ringgit opened higher against the weakening greenback today as the latest US economic data reinforced expectations for…

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Domestic tourism expenditure soars to RM78.7bln in 2023 – DoSM

PUTRAJAYA: Malaysia's domestic tourism showed an impressive growth in 2023 when it recorded a total expenditure of RM78.7 billion compared…

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Markets drop on economy worries, yen rallies after US debate

HONG KONG: Equities slipped Wednesday as worries about the world's top two economies offset US rate cut optimism, while the…

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Sultan Nazrin outlines key steps for sustainable finance at Malaysia-UK forum

KUALA LUMPUR: As global challenges intensify, the finance and business sectors, supported by the burgeoning Islamic finance industry and the…

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Asian markets battle to match Wall Street rally ahead of US inflation

HONG KONG: Asian markets mostly rose Tuesday after a rally on Wall Street as traders try to assess the outlook…

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Finding an equilibrium for GLCs and GLICs

Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs) play a pivotal role in Malaysia’s economic landscape, representing not only national…

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Rubber glove industry to contribute RM12.4b in export revenue this year

KUALA LUMPUR: The rubber glove industry is expected to contribute up to RM12.4 billion in export revenue this year, according…

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PJ market struggles to attract crowds

Pasar PJKita@Sri Damansara becomes a white elephant despite modern design inspired by those in Singapore

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Bank Negara will keep the current OPR status quo: economists

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate unchanged at 3.0 per cent on…

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How Startups And Small Businesses Signal The Future Of Work

The world of work is rapidly evolving, and startups and small businesses are at the forefront of this transformation. Unlike…

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Commentary: GDP is not the best measure of a nation’s success

**Title: Why GDP Falls Short as a Measure of a Nation's Success** For decades, Gross Domestic Product (GDP) has been…

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Malaysia shines as foreign investors return, peers stumble

Ben Luk, senior multi asset strategist at State Street Global Markets, said the ringgit benefited from the yen’s strength in…

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