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Economy 18 Jan 2019 | 1:38 AM

China to target 6-6.5% GDP growth in 2019

SHANGHAI: China may set an economic growth target for this year of between 6 percent and 6.5 percent, lower than for 2018, the official China Daily newspaper reported on Friday, citing unnamed sources close to policymakers.

Economy 02 Jan 2019 | 12:33 AM

Singapore fourth quarter GDP growth cools as trade woes darken outlook(Update)

SINGAPORE: Singapore's economy grew more slowly than forecast in the fourth quarter after the manufacturing sector shrank, adding to jitters that a trade dispute between the United States and China will drag on growth in 2019.

Economy 02 Jan 2019 | 12:00 AM

Interest rate hike unlikely

PETALING JAYA: Bank Negara is unlikely to hike interest rates in 2019 in line with slowing economic growth and subdued inflation, said Fitch Solutions Macro Research.

Economy 03 Dec 2018 | 12:00 AM

Malaysia's key overnight policy rate likely to remain at 3.25%

PETALING JAYA: Despite inflationary pressure building up, the overnight policy rate (OPR) is expected to be maintained at 3.25% next year if gross domestic product (GDP) growth does not slide below 4%, according to economists.

Economy 03 Dec 2018 | 12:00 AM

Beware of slower than expected global growth

WARNINGS on slower-than-forecast global growth should not fall on deaf ears but instead, should awaken even the most self-centred of leaders.

Banking 26 Nov 2018 | 12:00 AM

Bank Islam expects 7%-8% loan growth next year

KUALA LUMPUR: Bank Islam Malaysia Bhd expects to achieve a loan growth of 7% to 8% next year, slightly lower than this year’s target, amid the challenging business environment.

Economy 19 Nov 2018 | 12:00 AM

Trade war talks amidst tumbling markets

IN May, the US and China had agreed on a ceasefire in their trade dispute which instead has ballooned to US$250bil tariffs on Chinese imports.

Business 17 Nov 2018 | 12:00 AM

Sabah gas supply disruption expected to go on until mid-2019

PETALING JAYA: Finance Minister Lim Guan Eng expects the severe gas supply disruption from the production breakdown in the Kebabangan gasfield in Sabah to continue until the middle of 2019.

Economy 05 Oct 2018 | 12:00 AM

World Bank sees Malaysia's growth moderating until 2020

PETALING JAYA: The World Bank has cut Malaysia’s gross domestic product (GDP) growth forecast for 2018 to 4.9% from 5.4% on the back of slowing export growth and lower public investment. It expects the country’s pace of economic expansion to continue moderating until 2020.

Economy 20 Sep 2018 | 12:00 AM

Malaysia’s CPI advances at slowest pace in 42 months

PETALING JAYA: Helped by an easier rise in the prices of fuels, Malaysia’s inflation moderated to its slowest pace in 42 months in August, lower than consensus estimates.