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Letters 25 Apr 2004 | 12:00 AM

Incidence of poverty a hard problem to tackle

STUDENTS learning the economic geography of Malaysia should be very familiar with the phrase 'eradication of poverty'. That was one of the three objectives of the New Economic Policy (NEP), which had been drafted in 1970 and continued to be the standard policy for economic development until 1990. The New Development Policy (NDP) replaced the NEP in 1991.

Nation 25 Apr 2004 | 12:00 AM

MEF against increasing contributors’ salary ceiling

The Malaysian Employers Federation (MEF) disagrees with Socso's plan to increase the salary ceiling for contributors, saying there is no basis for doing so.

Nation 14 May 2008 | 12:00 AM

Call to redefine poverty

THE Economic Planning Unit (EPU) must revise the guidelines defining poverty and hardcore poverty to better reflect current realities, said a first-term backbencher.

Business 21 Jul 2008 | 12:00 AM

Vietnam most successful in attracting investors

WHILE companies in developed markets buckle under the pressure of the global mortgage crisis and watch their margins suffer, some investors have begun shifting their focus towards the 'frontier markets' of Indochina.

Business 15 Jul 2008 | 12:00 AM

Inflation rather than rate hike worries bond market

Bond market analysts do not expect Bank Negara to raise interest rates at its July 25 monetary policy meeting and see the lacklustre bond market as affected more by the topical issues of inflation and windfall tax.

Nation 14 May 2004 | 12:00 AM

Ong: Plug abuse in registration

All states have been given three months from Thursday to clear their low-cost housing register and device ways to plug abuse in the registration system.

Business 25 Aug 2008 | 12:00 AM

Bank Negara maintains OPR at 3.5%

Bank Negara Malaysia has decided to maintain the overnight policy rate (OPR) at 3.50%, as its priority is to avoid a fundamental downturn in economic activity.

Business 08 Aug 2008 | 12:00 AM

MARC sees CPI at 5.8% this year

Malaysian Rating Corporation Bhd (MARC) sees higher inflation ahead, fuelled by rising costs of food and fuel, and has raised its forecast for the average inflation rate of 5.8% for this year from the previous estimate of 5%.

Business 20 Oct 2008 | 12:00 AM

China's Sept. inflation 4.6 pct, 15-month low

SHANGHAI, China (AP) - China's statistical bureau says the country's inflation rate fell to 4.6 percent in September, its lowest level in 15 months.

Business 28 Aug 2008 | 12:00 AM

Japan economic stimulus package seen ineffective

TOKYO (AP) - Japanese officials are finalizing details of an emergency economic stimulus package this week, stressing the need to bolster the country by helping citizens cope with high fuel and food prices.