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Budget 2025: Any minimum wage increase unlikely to exert significant inflationary pressure - Economist

Budget 2025: Any minimum wage increase unlikely to exert significant inflationary pressure - Economist

Key factors in determining the minimum wage include the poverty line income, productivity growth, and the consumer price index.
Thu Oct 17 2024
Ringgit opens higher against weakening US dollar

Ringgit opens higher against weakening US dollar

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) slipped 0.31 per cent to 101.366.
Fri Sep 13 2024
BNM to maintain OPR at 3.00 pct through year-end and 2025 - Economists

BNM to maintain OPR at 3.00 pct through year-end and 2025 - Economists

Dr Mohd Afzanizam Abdul Rashid said the OPR is deemed to be supportive of Malaysia's economic growth and positive for the ringgit.
Thu Sep 05 2024
Ringgit no longer undervalued, may hit RM4.25 by year-end: Economist

Ringgit no longer undervalued, may hit RM4.25 by year-end: Economist

Mohd Sedek said the ringgit's value is now primarily driven by market dynamics, dictated by supply and demand forces.
Wed Aug 28 2024
Ringgit softer versus US dollar in early trade on profit-taking

Ringgit softer versus US dollar in early trade on profit-taking

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the local note is overbought following last week's gain.
Mon Jul 15 2024
Targeted fuel subsidy will help consolidate govt's fiscal position - Economists

Targeted fuel subsidy will help consolidate govt's fiscal position - Economists

Shan Saeed said more countries are now removing subsidies and move to a more market-driven approach.
Tue Jun 11 2024
Chief Economists: The Economic Outlook Is Brightening But Political Risks Loom Large in 2024

Chief Economists: The Economic Outlook Is Brightening But Political Risks Loom Large in 2024

82 pct of chief economists expect the global economy to remain stable or strengthen this year almost twice as many as in late 2023.
Thu May 30 2024
Putin taps economist to run defence, replacing Shoigu in unexpected move

Putin taps economist to run defence, replacing Shoigu in unexpected move

Russia's economists have so far largely ensured economic stability and growth despite toughest sanctions ever imposed on a major economy.
Mon May 13 2024
Ringgit easier vs US dollar amid expectations of tight US monetary policy

Ringgit easier vs US dollar amid expectations of tight US monetary policy

A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.
Mon May 13 2024
AI has both threats and opportunities - British Economist

AI has both threats and opportunities - British Economist

Governments around the world should be responsible for the pace of Artificial Intelligence (AI) technologies.
Thu Feb 01 2024
China inclusion in Look East Policy will boost trade, investment - Economist

China inclusion in Look East Policy will boost trade, investment - Economist

Malaysia's Look East Policy with the inclusion of China will increase trading and investment cooperation between both countries, resulting in higher economic growth and revenue for Malaysia.
Fri Dec 22 2023
[COLUMNIST] 'Whoosh' gonna bear the financial cost of the high-speed rail, Jakarta or Beijing?

[COLUMNIST] 'Whoosh' gonna bear the financial cost of the high-speed rail, Jakarta or Beijing?

Weeks ago, a renowned Indonesian economist, Yusuf Wibisono,raised a pertinent question whether Indonesia has fallen into the China debt trap.
Mon Oct 09 2023
Ibrahim Sani’s Notepad: MADANI Economy: Providing the narrative

Ibrahim Sani’s Notepad: MADANI Economy: Providing the narrative

According to Maybank Group's Chief Economist, Suhaimi Ilias, MADANI economic narrative addresses critical structural challenges and aims for transformative growth. Tune in to #NotepadWithIbrahimSani tonight to know more of Suhaimi's thoughts and insights.
Thu Aug 03 2023
Anwar-Musk meeting to have spillover effect on Malaysia's EV journey - Economist

Anwar-Musk meeting to have spillover effect on Malaysia's EV journey - Economist

Professor Dr Yeah Kim Leng said any forthcoming commitment arising from the meeting will provide the Malaysian EV industry with a big boost.
Tue Jul 11 2023
Chinese women economists called 'traitors' online for meeting with Yellen

Chinese women economists called 'traitors' online for meeting with Yellen

The women have been lambasted by some netizens who accused them of treason for meeting Janet Yellen and being "radical feminists".
Mon Jul 10 2023
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024