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DOMESTIC interest rates are likely to go up by an estimated 25 basis points (bps) in the second half of next year, CIMB Research said.
The government may reduce the amount of subsidies for petrol, diesel and liquefied petroleum gas (LPG) to offset its financial burden and funnel the money towards development projects instead, government sources said on Thursday.
Like many makers of consumer goods in southern China, electronic toy firm Kin Yat Holdings is enjoying a bumper sales year thanks to healthy orders from the US market. But rising costs for materials, power, fuel and transport are conspiring to squeeze margins for manufacturers in Guangdong province, China's export engine.
MALAYSIA will revise the basket of goods used to measure the consumer price index (CPI), the Statistics Department said on Friday.