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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
MPOC expects CPO prices to stay above RM4,000 in October amid market fluctuations

MPOC expects CPO prices to stay above RM4,000 in October amid market fluctuations

MPOC attributed the elevated prices to market uncertainties and a significant year-over-year decline in Malaysia's palm oil inventories.
Wed Oct 16 2024
Ringgit opens higher against US dollar on firmer oil prices

Ringgit opens higher against US dollar on firmer oil prices

Dr Mohd Afzanizam Abdul Rashid expects the ringgit to remain soft as the tension in the Middle East has yet to subside.
Tue Oct 08 2024
Hungry Gazans face crippling price rises as war rages

Hungry Gazans face crippling price rises as war rages

A high risk of famine persists across Gaza as long as the war continues and humanitarian access is restricted.
Sun Sep 01 2024
Australia to limit foreign student enrolments in migration crackdown

Australia to limit foreign student enrolments in migration crackdown

The government looks to rein in record migration that has contributed to a spike in home rental prices.
Tue Aug 27 2024
China's robot makers chase Tesla to deliver humanoid workers

China's robot makers chase Tesla to deliver humanoid workers

Chinese rivals and analysts say Tesla has an early lead in AI, but China has the ability to drive down the price of production.
Fri Aug 23 2024
Diesel price down by 5 sen in Peninsular Malaysia, no change in petrol prices

Diesel price down by 5 sen in Peninsular Malaysia, no change in petrol prices

The prices of RON97 and RON95 petrol will remain unchanged at RM3.47 and RM2.05 per litre respectively from Aug 15 to 21.
Wed Aug 14 2024
Budget 2025 to target cost of living reduction - PM

Budget 2025 to target cost of living reduction - PM

Although price of sugar, oil, flour and cooking oil are among the cheapest, Malaysians still feel the strain, said Datuk Seri Anwar Ibrahim.
Tue Aug 06 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
[COLUMNIST] Sowing change: Why agricultural modernisation is key to profound national progress

[COLUMNIST] Sowing change: Why agricultural modernisation is key to profound national progress

Modernising agriculture will boost food security and create opportunities to enhance our nation's economic growth.
Fri Jul 05 2024
Petrol, diesel prices unchanged until June 26

Petrol, diesel prices unchanged until June 26

MOF said the retail price of diesel in Sabah, Sarawak and Labuan will also remain unchanged at RM2.15 per litre.
Wed Jun 19 2024
Price hikes by S’pore tour agencies show diesel subsidy rationalisation needs to continue - PM

Price hikes by S’pore tour agencies show diesel subsidy rationalisation needs to continue - PM

All tour buses and travel companies from S'pore want to raise prices because they can't get diesel subsidies, said Datuk Seri Anwar Ibrahim.
Tue Jun 18 2024
Report to KPDN if egg prices do not drop - Consumer movement

Report to KPDN if egg prices do not drop - Consumer movement

The government decided to lower chicken egg prices nationwide by 3 cents each to pass on targeted subsidy savings to the public.
Mon Jun 17 2024
Grade A, B and C egg prices drop by three sen each starting today - PM

Grade A, B and C egg prices drop by three sen each starting today - PM

Datuk Seri Anwar Ibrahim said new retail prices for Grade A, B, and C eggs are 42 sen, 40 sen and 38 sen each respectively effective today.
Mon Jun 17 2024
Targeted diesel subsidy: 10 companies called up for announcing price hike - Armizan

Targeted diesel subsidy: 10 companies called up for announcing price hike - Armizan

Datuk Armizan Mohd Ali said the companies were called up to explain the justification of their action.
Fri Jun 14 2024
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