Rising cost: inflation in Malaysia is expected to rise along with the Consumer Price Index, even as business growth and personal income levels are struggling to catch up.
THE year is shaping up to be a challenging one.
Not only has the US Federal Reserve started to raise interest rates – a move mirrored by China’s central bank and the Hong Kong Monetary Authority with more developed countries expected to follow suit – but a market correction may be in the works following a strong run in both the US and Malaysian stock markets.
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