My Sinchew/ Biz

Overwhelmed by problems due to ill planning

We can imagine that without proper government planning, the lives of Malaysians will only get tougher in the future.


China's economy grows 6.9% in first quarter

China's economy grew 6.9 percent in the first quarter of 2017, government data showed Monday, beating expectations in the latest sign of stabilisation for the world's second-largest economy.


Malaysia to post 4.3% GDP growth this year: WB

The World Bank expects Malaysia's to record a modest gross domestic product (GDP) growth of 4.3 per cent this year from 4.2 per cent in 2016, driven by private consumption.


6-7% loan growth in 2017: Moody's

Moody's Investors Service expects Malaysian banks to record loan growth of between six and seven per cent this year compared to 5.3 per cent last year.


Better outlook for economy in H2: ACCCIM

ACCCIM social-economic research center executive director Lee Heng Guie predicts the H2 GDP growth would be better than the 4.4% growth projected for H1.


Feb CPI up 4.5%, fastest in 8 years

The Consumer Price Index (CPI), a measure of inflation, rose by 4.5 per cent to 119.7 in February 2017 compared to 114.5 in the same month last year, said the Department of Statistics Malaysia.


Economy stable amidst falling govt revenue: Moody's

Moody's Investors Service says the Government of Malaysia's 'A3' issuer rating and stable outlook balance a resilient economy against structural fiscal challenges posed by the trend deterioration in revenue, as well as signs of weakening institutional strength.


US Fed due to meet with a rate hike on the cards

The US Federal Reserve was due to begin a two-day meeting Tuesday, having signalled it is likely to raise the benchmark interest rate as the world's largest economy gains steam.


China trims GDP target, citing severe challenges

Chinese Premier Li Keqiang warned Sunday the world's second-largest economy faces severe challenges, signalling a further deceleration as he announced a trimmed 2017 GDP growth target of "around 6.5 percent."


January CPI up 3.2%

The Consumer Price Index (CPI), a measure of inflation, rose 3.2 per cent to 118.2 for January 2017 compared to 114.5 registered in the same month last year, said the Department of Statistics Malaysia.


 

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