My Sinchew/ Biz

Q3 GDP growth moderates to 4.4%

The Malaysian economy grew by 4.4 per cent in the third quarter of 2018 (3Q18) driven by strong private consumption following the zerorization of the Goods and Services Tax (GST) during the quarter.


Listing GLCs to rejuvenate national economy

The monetization of non-crucial and non-strategic government assets will create an inflow of new funds to help the government offset any existing revenue shortfall.


Trade war would slow but not stop global growth: IMF

An all out trade war would slow the growth of the global economy, but not stop its expansion, with the United States and China also escaping a recession, according to forecasts published Tuesday by the International Monetary Fund.


GDP to ease to 5.4% this year, 4.5% in 2019: ICAEW

Malaysia's gross domestic product (GDP) growth is expected to ease to 5.4 per cent this year and 4.5 per cent in 2019, from 5.9 per cent last year, in line with the anticipated deceleration in Asean, according to the Institute of Chartered Accountants in England and Wales (ICAEW).


Fed govt agrees to channel 5% oil royalty to state

The Federal Government has agreed to channel at least five per cent of the oil royalty received by the country directly to Terengganu as an oil producing state.


The dreadful national debt

These figures should have been highlighted to the public before, and we were somewhat misled into believing that our debt was lower.


April CPI up 1.4%

Malaysia's Consumer Price Index (CPI), which measures headline inflation, increased by 1.4 per cent in April 2018 compared with the corresponding month last year.


Moody's: GST removal negative unless offsetting measures in place

International rating agency, Moody's Investors Service expects the removal of the Goods and Services Tax (GST), will have a net negative effect on revenue unless the government announced specific measures that could cushion any shortfall.


Q1 GDP grows 5.4%

Malaysia's economy grew by 5.4 per cent in the first quarter of 2018 (1Q 2018), underpinned by continued expansion in private sector activity and strong support from net exports.


Stabilizing market confidence

Instead of an anticipated selldown, the local stock and currency markets staged a surprising rebound on the first post-GE14 trading day.


 

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