|Inflationary pressure to be manageable with SST, to average at 1.5pc in 2018 [21-09-2018]|
|Affin Hwang Capital expects inflationary pressure from the reintroduction of Sales and Service Tax (SST) to be manageable, with full-year average inflation at 1.5 per cent.
The forecast followed Malaysia’s headline inflation improvement to 0.2 per cent year-on-year in August from 0.9 per cent in July, lower >>>>>[Read More]|
|Economic growth steady despite slowdown [20-09-2018]|
|MALAYSIA’S economic growth has so far remained steady this year in the face of rising trade tensions, turmoil in emerging markets (EMs) and ongoing political shifts at home.
While GDP for the first two quarters fell under par at 5.4% and 4.5% respectively, improved labour market conditions and low levels of >>>>>[Read More]|
|Steel sector demand to remain subdued in H2 despite mild recovery [20-09-2018]|
|The demand for the steel sector is expected to remain subdued in the second half of the year although there was a slight recovery early this month. UOB Kay Hian on Thursday said it believe any improvement in steel demand would be gradual as construction of mega projects are still at the >>>>>[Read More]|
|Moody's maintains stable outlook for Malaysian banks [19-09-2018]|
|Moody's Investors Service has maintained its stable outlook for Malaysia's banking system this year in view of the continuous robust operating conditions in the country. Vice-President and Senior Analyst for Financial Institutions Group Simon Chen said the projection was also based on th>>>>>[Read More]|
|RHB Research expects major cuts in Budget 2019 [19-09-2018]|
|RHB Research Sdn Bhd expects major changes for Budget 2019, with significant cuts to certain areas as the government streamlines its procurement process and introduces open tenders for all public procurement. In a note today, Economist Vincent Loo Yeong Hong said the areas that would li>>>>>[Read More]|
|Malaysian economy supported by strong fundamentals [18-09-2018]|
|The Malaysian economy remains fundamentally strong and resilient despite recent global events that pose downside risks to global economic growth, said Finance Minister Lim Guan Eng. In a statement on Monday, he said emerging markets, including Malaysia, have been especially exposed to the>>>>>[Read More]|
|Inflation to moderate in August [17-09-2018]|
|Malaysia’s headline inflation rate is expected to moderate to 0.3% in August 2018 compared with 0.9% in the previous month, underpinned by weaker contribution from the transport fuel component, according to RAM Ratings.
“The average price of RON95 petrol only ascended 3.9% in August amid dissipating lo>>>>>[Read More]|
|Building material cost index increases in August [12-09-2018]|
|The Building Material Cost Index (BCI) (without steel bars) for all building categories in all regions for all building categories increased in August 2018 compared with July 2018.
However, in a statement today, the Departm>>>>>[Read More]|
|Nomura warns of fiscal tension in Malaysia [12-09-2018]|
Following the reversal of fiscal reforms like goods and services tax (GST) and the removal of fuel subsidies, the new government now faces the tough choice of either cutting spending at the cost of growth, or allowing a larger fiscal deficit and the risk of a sovereign credit rating downgrade i>>>>>[Read More]|
|Malaysia?s IPI rises 2.6% in July [07-09-2018]|
Malaysia’s Industrial Production Index (IPI) increased marginally by 2.6 per cent in July 2018 over the same month last year supported by an increase in the manufacturing and electricity indices, the Statistics Department says. In a statement, Chief Statistician Datuk Seri Dr.>>>>>[Read More]|