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Business-Economy Archives - Malaysia News

Inflation rate likely up to 4.2% in September
PETALING JAYA: Inflation is said to have accelerated for a second month in September due to higher costs for transport and food. The Consumer Price Index, the main inflation gauge, is expected to have risen 4.2% in September from a year earlier, according to the median forecast from a Wall Street Jo [...]
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Retrenched workers decline offer
KUALA LANGAT: More than 500 workers whose services were termi­nated by Megasteel Sdn Bhd in April last year want the company to pay the full retrenchment benefits promised to them. [...]
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China’s Q3 economic growth slows but on course to beat target
Beijing (AFP) -- China's economy slowed marginally in the third quarter but is well on course to beat the government's annual target, cementing Xi Jinping's standing as he prepares to be handed a second term in power at a key Communist Party conclave. The world's number two economy expanded 6.8 perc [...]
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Now, PAS wants Shariah Bill back on Parliament agenda
KUALA LUMPUR, Oct 19 - PAS today insisted Datuk Seri Abdul Hadi Awang's private member’s Bill to raise Shariah punishments be debated when Parliament reconvenes next week. PAS secretary-general Datuk Takiyuddin Hassan said it was improper.. [...]
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MACC hauls up Shafie Apdal
SHAFIE Apdal has been called in for questioning by the Malaysian Anti-Corruption Commission (MACC) over the alleged embezzlement of RM1.5 billion of federal funds meant for Sabah, anti-graft and party… [...]
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Dr M: Beer fests? Worry about the drug problem instead
PETALING JAYA: Those criticising Tun Dr Mahathir Mohamed over his silence on beer festivals have been told not to turn a blind eye to the drug abuse problem the country faces. [...]
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Latest World Bank report bad news for BN
THE latest World Bank report shows that Malaysia’s economy is growing weaker. Out of the 15 Asian economies analysed in the report, Malaysia and a few others are the only… [...]
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FGV CEO to return to duty after suspension lifted
KUALA LUMPUR, Oct 9 - Felda Global Ventures Holdings Berhad (FGV) has reinstated Datuk Zakaria Arshad as its group president and CEO, after he was suspended amid a boardroom tussle with the former chairman that sparked a corruption [...]
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#TheYummyDuck Scarves Are Inspired By Malaysian Kuih
Duck Scarves debuts with #TheYummyDuck collection celebrating Malaysian desserts like Seri Muka, Kuih Lapis and Kuih Koci. [...]
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Pakatan says no immediate plans to trim civil service if victorious
KUALA LUMPUR, Oct 7 ― Pakatan Harapan (PH) has assured civil servants that it does not propose to reduce their number, after Prime Minister Datuk Seri Najib Razak reminded the group of the Opposition’s frequent criticism of their [...]
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Ex-Goldman Sachs banker with links to 1MDB barred from US securities industry
A FORMER Goldman Sachs banker linked to the 1MDB scandal has been barred from the US securities industry, reports The Wall Street Journal. Tim Leissner, who was once based in… [...]
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World Bank revises Malaysia’s 2017 GDP upwards to 5.2%
KUALA LUMPUR: The World Bank has revised Malaysia's Gross Domestic Product (GDP) growth forecast upwards for this year to 5.2% from 4.9% in June, on the back of a much stronger-than-expected actual growth of 5.7% in the first half of 2017. Originally, World Bank forecasted Malaysia's economy to only [...]
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