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 …
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 …
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 …
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 …
Probe into Malaysia’s loss of RM4.5 trillion necessary, says think tank
SHAH ALAM – The government’s decision to order an investigation into reports that Malaysia suffered a huge loss due to corruption and leakages is the right move as every RM1 spent must have the …
Bursa Malaysia to trade with downside bias this week on lack of fresh catalysts
The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to consolidate and trade with a downside bias next week in the absence of fresh catalysts.
How Malaysia can get serious about child marriage
IN 2018, news of a 41-year-old man marrying an 11-year-old girl in Kelantan caused outrage with many people demanding the Malaysian government take a stronger stance to ban child marriages.
Rehda: Malaysia’s property market remains robust despite OPR hike
The Malaysian property market remained robust despite the rise in the overnight policy rate (OPR) by 25 basis points to 3.0 per cent, said the …
EcoWorld Malaysia’s business park occupancy reaches 85%
Eco World Development Group Bhd (EcoWorld Malaysia) has signed agreements for the sales of industrial plots and factories in the vicinity of its Eco Business Park V (EBP 5).
Malaysia, South Korea to boost agricultural cooperation
PUTRAJAYA: Malaysia and South Korea Selatan will strengthen bilateral cooperation and trade in agriculture in line with the need to ensure sustainable and continuous sources of food.