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Budget 2019 aims to reduce SME reliance on foreign labour

NANJING: The Ministry of International Trade and Industry (MITI) is focused on the fourth industrial revolution (Industry 4.0) and helping small and medium sized enterprises (SMEs) reduce their dependence on foreign labour, said Deputy Minister Dr Ong Kian Ming.

Malaysians travel more despite ringgit's devaluation

GEORGE TOWN: Although the value of the Malaysian ringgit is depreciating, Malaysians still continuing to travel to both local and foreign destinations, according to the Malaysian Association of Tour and Travel Agents (MATTA).

Nomura: CPI to rebound to 1.1pc in September

KUALA LUMPUR: Nomura Global Markets Research expects Malaysia’s Consumer Price Index (CPI) measuring headline inflation to rebound to 1.1% year-on-year in September due to the reinstatement of the sales and services tax.

RHB Research expects major cuts in Budget 2019

KUALA LUMPUR: RHB Research Sdn Bhd expects major changes for Budget 2019, with significant cuts to certain areas as the government streamlines its procurement process and introduces open tenders for all public procurement.

RHB: Malaysia's real GDP growth at 5% in 2018-2019

KUALA LUMPUR: RHB Research expects Malaysia's real gross domestic product (GDP) to grow at five per cent this year and next year, slower than the 5.9 per cent achieved in 2017 due to weakening external demand.

Malaysia's CPI rises 0.2% in August

KUALA LUMPUR: Malaysia's consumer price index (CPI) measuring headline inflation rose 0.2% in August 2018, the lowest rate in 42 months due mainly to the lower impact in the cost of fuels.