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KUALA LUMPUR: Retail Group Malaysia (RGM) forecasts a 4.5% growth in retail sales to RM108.30bil in 2019, despite a lacklustre start in January-February, due to the Hari Raya Aidilfitri festivities and an increase in economic activities in the later part of the year.
PUTRAJAYA: A leading local economist has called for the role of government-linked companies (GLCs), including national carrier Malaysia Airlines Bhd, to be more clearly defined.
PETALING JAYA: The findings of a recent survey of local businesses contradict the statement by the Finance Minister regarding the Sales and Services Tax (SST) because it shows that the SST has pushed up the cost of doing business, says Gerakan president Datuk Dr Dominic Lau.
PETALING JAYA: The sales and service tax (SST), which was introduced in September 2018, have increased the cost of doing business among Malaysian manufacturers by up to 10%, according to a recent survey by the Federation of Malaysian Manufacturers (FMM) and the Malaysian Institute of Economic Research (MIER).
KUALA LUMPUR: Malaysia is capable of achieving gross domestic product (GDP) growth of between 4.8 per cent and 4.9 per cent in 2018 on the back of stronger economic figures recently, says Deputy Minister of International Trade and Industry Dr Ong Kian Ming.
KUALA LUMPUR: AmInvestment Research is retaining its overweight call on the consumer sector as it expects consumer sentiment to remain healthy with Berjaya Food, Mynews, Power Root as its top picks.
KUALA LUMPUR: The domestic business sentiment is expected to continue declining from October to December amid slower national economic growth and external vulnerabilities.