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inflation

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Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
INSIGHT - Kamala Harris made a historic dash for the White House. Here’s why she fell short.

INSIGHT - Kamala Harris made a historic dash for the White House. Here’s why she fell short.

Kamala Harris campaign ultimately fails to overcome deep-seated voter concerns about inflation and immigration.
Thu Nov 07 2024
Malaysia's September inflation eases to 1.8 pct - DOSM

Malaysia's September inflation eases to 1.8 pct - DOSM

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin noted that most states recorded inflation rates below the national level of 1.8 per cent.
Thu Oct 24 2024
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
Govt steps up efforts to eradicate hardcore poverty in line with economic growth - Rafizi

Govt steps up efforts to eradicate hardcore poverty in line with economic growth - Rafizi

So far, economic indicators show promising data with positive economic growth, controlled inflation, best-performing stock market.
Mon Sep 30 2024
Bursa Malaysia edges higher in cautious trade mode ahead of US inflation print

Bursa Malaysia edges higher in cautious trade mode ahead of US inflation print

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 0.17 per cent or 2.83 points compared with Tuesday's close of 1,609.52.
Wed Aug 14 2024
Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.
Wed Jul 31 2024
Malaysia's inflation remains at 2.0 pct in June 2024 -  DOSM

Malaysia's inflation remains at 2.0 pct in June 2024 - DOSM

According to DOSM, the Consumer Price Index (CPI) was at 133.0 points compared to 130.4 in June 2023.
Wed Jul 24 2024
Ringgit rebounds to open higher vs US dollar

Ringgit rebounds to open higher vs US dollar

US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.
Tue Jul 16 2024
[COLUMNIST] Subsidy rationalisation, rents and inflation

[COLUMNIST] Subsidy rationalisation, rents and inflation

Constrained business rents are vital to control the cost of doing business and the cost of living.
Thu Jul 04 2024
Malaysia's inflation rises to 2.0 PCT in May - DOSM

Malaysia's inflation rises to 2.0 PCT in May - DOSM

Malaysia's inflation rate climbed to 2.0 per cent in May compared to a 1.8 per cent hike in April.
Tue Jun 25 2024
Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

The government is targeting headline inflation of 2.0-3.5 per cent and gross domestic product growth of 4.0-5.0 per cent for this year.
Mon Jun 24 2024
Malaysia’s April inflation at 1.8 pct for third consecutive month - DoSM

Malaysia’s April inflation at 1.8 pct for third consecutive month - DoSM

The overall monthly inflation recorded an increase of 0.2 per cent compared to 0.1 per cent in March 2024.
Fri May 24 2024
[COLUMNIST] Monopoly, monopsony, civil servants’ wage hikes, inflationary pressures & pensions reforms

[COLUMNIST] Monopoly, monopsony, civil servants’ wage hikes, inflationary pressures & pensions reforms

In the context of Malaysia, there's very little evidence of a surge in demand-pull inflation based on available data.
Fri May 17 2024
Ringgit retreats to open easier ahead of US inflation readings

Ringgit retreats to open easier ahead of US inflation readings

At 9 am, the ringgit eased versus the greenback to 4.7310/7350.
Tue May 14 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024
Thai court rejects petition over ex-PM Thaksin's political influence

Thai court rejects petition over ex-PM Thaksin's political influence

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Fri Nov 22 2024