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Indonesia braces for high inflation
JAKARTA: The government has rolled out new social aid programmes and is restructuring the state budget to cushion the effect of soaring consumer prices on low-income Indonesians.
Abdul Farid’s Maybank journey
PETALING JAYA: “Mixed emotions, a bit of relief and a tinge of sadness, it hasn’t hit me yet,” says Malayan Banking Bhd (Maybank) group president and CEO Datuk Seri Abdul Farid Alias.
PM announces improved Keluarga Malaysia flood aid for affected MSMEs
KUALA LUMPUR: Prime Minister Datuk Seri Ismail Sabri Yaakob today announced improved Keluarga Malaysia Flood Aid for micro, small and medium enterprises (MSMEs) affected by the recent floods.
MoF to extend payment period for special assistance until Jan 21, 2022
KUALA LUMPUR: The Ministry of Finance Ministry (MoF) will extend the payment period for special assistance until Jan 31, 2022, Deputy Finance Minister I Datuk Mohd Shahar Abdullah said.
Bank Negara expected to tighten monetary policy next year
KUALA LUMPUR: Moody’s Analytics expects Bank Negara to pull the trigger on a rate hike in the second half (H2) of next year, as Malaysia’s economic outlook is looking brighter going into 2022.
Bank Negara expected to tighten monetary policy in 2H22
KUALA LUMPUR: Moody’s Analytics (Moody‘s) expects Bank Negara Malaysia (BNM) to pull the trigger on a rate hike in the second half of next year (2H2022), as Malaysia’s economic outlook is looking brighter going into 2022.
Tax revenue from petroleum products to help those in need
KUCHING: The implementation of a sales tax on petroleum products by Sarawak has been one of the ways of “revenue re-engineering” which enabled the state government to generate more income and help those impacted by the Covid-19 pandemic.
BSN proposes to issue RM3.5b Sukuk, rated AAA/Stable by RAM
KUALA LUMPUR: Bank Simpanan Nasional (BSN) has proposed to issue RM3.5bil Islamic medium-term notes Sukuk Wakalah Programme (2021/-).
Jump start big ticket infra projects to boost economy
KUALA LUMPUR: Malaysia could see greater economic expansion if it jump starts mega infrastructure projects post pandemic such as high speed rail, especially for the purpose of carrying goods that will give multiple effects across the supply chain.
Stalled stimulus causes hardship for MSMEs
JAKARTA: Slow stimulus spending threatens Indonesia’s recovery as smaller businesses that are the backbone of the economy have been kept waiting for much-needed funds to weather an extended lockdown.
