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Business

April IPI higher by 10.1%

KUALA LUMPUR: The country's industrial production index (IPI) surged 10.1% in April from a year ago as manufacturing activities picked up, according to the Statistics Department.

Business

Bank Negara sees upside potential to forecast growth

KUALA LUMPUR: The central bank foresees an upside potential to its gross domestic growth (GDP) forecast of 4.5% to 5.5% for the country this year boosted by new initiatives and further improvements in the global economy.

Business

10th Malaysia Plan development expenditure set at RM230b

KUALA LUMPUR: The Government aims to achieve an average annual gross domestic product growth (GDP) of 5.5% in the 10th Malaysia Plan (10MP) with a total estimated development expenditure of RM230bil as it pursues the goal of a high-income economy.

Business

The case for GDP bonds

AROUND the world, governments are struggling to drum up buyers for the mountain of bonds they need to sell. And that's especially true for big deficit, low savings countries like Britain and the United States.

Business

Year-end deadline to spend RM7bil budget

Government ministries have up to year-end to finish spending the RM7bil stimulus budget, says Second Finance Minister Tan Sri Nor Mohamed Yakcop.

World

For Taiwan's presidential rivals, it's China, stupid

TAIPEI (Reuters) - Taiwan business people will have a chance this year to do something they have never done before -- fly direct to China in just under an hour.

Business

9.5% growth seen for China next year

China's economy is expected to maintain robust, relatively inflation free growth next year, a state think tank and central bank officials said yesterday.

Community

Rep: Provide financial aid to those aged 65

A BACKBENCHER has called on the government to provide fixed financial aid to those aged 65 and above.

Business

Nor Mohamed: Power tariff hike will not affect GDP

The 12% hike in electricity tariff is not expected to impact Malaysia's gross domestic growth (GDP) or significantly burden the majority of people in the country.

Business

StanChart CEO: Economy to stay robust

Malaysia's economy is expected to remain robust despite rising inflation rates, Standard Chartered Bank Malaysia Bhd (Stanchart Malaysia) chief executive officer Shayne Nelson said.