KUALA LUMPUR – The ringgit is expected to trade at 4.25 against the United States (US) dollar next week following optimistic sentiments on China’s economic recovery. SPI Asset Management’s Managing Partner, Stephen Innes, said the outlook for the ringgit remains bright as any recovery in China is seen as buffering economic uncertainty in the US. …
The ringgit is expected to continue to strengthen – Sinar Harian Read More »
AEON BiG Sdn Bhd (AEON BiG) will launch the Jualan Rahmah program in all its branches nationwide in the near future as an effort to offer affordable prices to low-income groups. Its Managing Director, Sheikh Farouk Sheikh Mohamed said, his party is ready to offer the sale of products at cheap and affordable prices for …
ALOR SETAR – Malaysia can become an automotive hub for the ASEAN market, said the Minister of International Trade and Industry, Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Tengku Zafrul said, the potential has attracted investors and companies such as Porsche, KIA, Hyundai, Mini Cooper, Mazda and BMW to start their respective operations in Malaysia. …
Malaysia has the potential to become the automotive hub of the ASEAN market Read More »
DEPARTMENT The United States (US) Customs and Border Protection (US) allowed the importation of palm oil from Sime Darby Plantation Bhd (SDP) to the US with immediate effect after changing its notice of findings on forced labor against SDP. SDP in a statement on Friday said the US GST has recognized the comprehensive process carried …
BUDGET 2023 which is scheduled to be presented again on February 24 is expected to be based on the current state of the domestic and global economy. The World Bank’s chief economist for Malaysia, Dr Apurva Sanghi, said the global and domestic economy had changed significantly compared to when the last budget was presented in …
The 2023 budget is expected to be based on the current state of the economy Read More »
INFLATION Malaysia’s primary consumer prices are expected to moderate between 2.5 and 3.0 percent in 2023 compared to the 3.3 percent estimated during 2022, after being driven by an easing in global supply constraints and the stabilization of commodity prices. The World Bank said the projection is based on the assumption that retail fuel price …
Malaysian consumer price inflation is expected to moderate Read More »
The Ronald McDonald Welfare Association (RMHC) Malaysia in collaboration with Yayasan Didik Negara (YDN) through its program, Back to School Pack has donated to 175 primary school students around the Kuching district, Sarawak. The president of RMHC Malaysia, Datuk Azmir Jaafar said, the RMHC Malaysia program is fully supported by Mc Donald’s Malaysia (Mc Donald’s) …
RESIDENCES around Kuala Lumpur are changing according to current tastes. The desire to have a comfortable and attractive home has sparked a new trend thus redefining the lifestyle of today’s city. The Setapak area is famous as a majestic area in the middle of the metropolitan city. In fact, it is also located near the …
The latest lifestyle residence for city dwellers at Curvo Residences Read More »
RINGGIT opened lower against the United States (US) dollar which strengthened again amid the stance of the European Central Bank (ECB) and the Bank of England (EoB) which tend towards low inflation. At 9am, the ringgit weakened to 4.2580/2640 against the US dollar from 4.2445/2490 at the end of yesterday’s trade. Yesterday, the ECB and …
KEPALA BATAS – Facing economic uncertainty and post-Covid-19 business challenges at the moment requires more creative strategy changes as well as courage in finding new business opportunities. The move was taken by the owner of the Kapok Design brand chain, Mohd Yusof Punjun@Yon, 41, who has been known for his products for mother and baby …