My Sinchew/ Biz

GDP to grow 4.2% this year: OCBC

Aided by improved exports, recovering commodity prices and robust domestic consumption, Malaysia's economy is anticipated to grow 4.2% this year.


Slower household debt accumulation positive for economy: Moody's

Household loan statistics which point to a slower pace of household debt accumulation is positive for the Malaysian economy, as it also shows an improvement in the quality of household lending, says Moody's Investors Service.


China trade cost 3.4 million US jobs in 2001-2015: report

A yawning trade deficit with China cost 3.4 million US jobs between 2001 and 2015, according to a report published Tuesday which coincided with abrupt White House efforts to retool trade policy.


Dow ends above 20,000, extending election rally

The Dow finished above 20,000 points for the first time Wednesday, after breaching the milestone at the open, extending a stocks rally following US President Donald Trump's election, which sparked hopes of pro-growth policies.


RCEP will be next trading platform

The Regional Comprehensive Economic Partnership (RCEP) is going to be the next trading platform for Malaysia and the other nine Asean countries, opening new markets for over three billion people, said Malaysia External Trade Development Corp (Matrade).


Lower bonuses, pay increases due to slashed profits: ACCCIM

MEF report shows that the average rate of pay rises for 2017 is 5.3%, lower than the 5.8% to 6% recorded in previous years.


TPPA failure not curtailing country's trade: Ahmad Maslan

Ahmad Maslan says the failure to finalize TPPA following the withdrawal of US does not mean Malaysia's trade will be curtailed.


Ringgit to stabilize to RM4.20 this year: ACCCIM

"Due to external resistance and negative market sentiment, the local unit has remained undervalued."


CPI up 2.1% in 2016

The Consumer Price Index (CPI), which is a measure of inflation, rose 2.1 per cent to 116.9 in 2016 compared to 114.8 registered in 2015, said the Department of Statistics Malaysia.


Buffett's Berkshire Hathaway expands specialty insurance to Malaysia

Warren Buffett's Berkshire Hathaway Specialty Insurance Company announces it has received a license from Labuan FSA to provide non-life reinsurance to the Malaysian market.


 

Copyright © 2018 MCIL Multimedia Sdn Bhd (515740-D).
All rights reserved. Contact us : [email protected]