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Tag: Malaysia

Posted on May 16, 2023

Moody’s Sees Malaysia Heatwave Risking Food Inflation, Rate Hike

Malaysia may raise its key interest rate yet again should the heatwave gripping Asia worsen the nation’s already elevated food price pressures, according to Moody’s Investors Service.
Posted on May 16, 2023

CapitaLand Malaysia to buy Selangor warehouse for $11.4m

The REIT plans to convert the property into a temperature-controlled distribution center. CapitaLand Malaysia REIT (CMRM) announced that the trustee of CapitaLand Malaysia Trust (CLMT) has entered …

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Posted on May 16, 2023

Fitch Solutions Unit revises upward Malaysia’s 2023 GDP Forecast to 4.2 per cent

The research company said Malaysia’s 1Q performance was well above consensus and its own expectations of 4.8 per cent.
Posted on May 16, 2023

Malaysia, other South-east Asian countries seek global recognition for ‘special’ kebaya craft

In a Malaysian boutique, a small group of seamstresses sit at clattering sewing machines, stitching bright flowers and leaves into kebayas, …
Posted on May 16, 2023

World Economic Forum sets up APAC’s first C4IR in Malaysia

Focusing on digital transformation and fast-growing sectors, including green energy transition, the Malaysia Centre for 4IR is also expected to spur economic recovery.
Posted on May 16, 2023

World Economic Forum sets up APAC’s first C4IR in Malaysia

Focusing on digital transformation and fast-growing sectors, including green energy transition, the Malaysia Centre for 4IR is also expected to spur economic recovery.
Posted on May 16, 2023

Malaysia increases the allowance limit for civil servants to encash rest days

Through the 2023 Budget, Malaysia has amended the maximum increase in leave compensation ( gantian cuti rehat, also known as GCR) from 160 days to 180 days. Following the announcement, the GCR’s …
Posted on May 15, 2023

Middle-income households in Malaysia tighten belts after surprise rate hike by central bank

KUALA LUMPUR – Middle-and high-income households in Malaysia will be the groups most affected by the central bank’s surprise decision to raise the overnight policy rate (OPR) on May 3. This is because …

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Posted on May 15, 2023

Indonesia spearheads efforts to digitalize payments, local currency adoption across ASEAN

Last year, LCS made up around 4 percent of Indonesia’s total trade with Malaysia and 3 percent with Thailand. During the ASEAN Finance Ministers and Central Banks’ Governors Meeting (AFMGM) in late …
Posted on May 14, 2023

Power and wealth of national treasure should be used to develop malaysia, says PM

The power and wealth of the national treasure should be used to rebuild Malaysia to emerge as a new economic giant, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the Finance …

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