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Fitch: Private consumption to remain strong
PETALING JAYA: While Malaysia’s private consumption may lose some steam this year, it will remain strong and largely unaffected by the broader economic slowdown, according to Fitch Solutions.
Index shows modest pick-up in Japan consumption
TOKYO: The Bank of Japan’s (BoJ) new index showed that private consumption rose 0.8% in April from the previous month, underscoring its view that household spending is holding up on expectations of a slow but steady increase in wages.
Consumption counters top bet in Asia
SINGAPORE: Movies, malls, meals and medicines. If the best-performing stocks from each of Asia’s 10 main markets outside Japan are any guide, then 2015 belonged to companies that catered to consumption
Sabah is 3rd highest in alcohol consumption
KOTA KINABALU: Sabah recorded the third highest consumption of alcohol in Malaysia, at 18.4 percent after Kuala Lumpur (20.3 percent) and Sarawak (19.7 percent).
China's gold consumption edge up, gold bar demand slumps
SHANGHAI: China's demand for gold bars fell nearly 44% in the first quarter of 2014 from year ago, even as total gold consumption edged up about 0.8% during this period, the China Gold Association said on Wednesday.
Private consumption key driver of Malaysian growth
PETALING JAYA: Domestic demand sustained by private consumption will remain the mainstay of the Malaysian economy this year, Bank Negara said in its 2014 annual report. The central bank expects steady growth for the economy despite external headwinds and the impact of the upcoming goods and services tax (GST) on household spending
Ways to reduce electricity consumption at home
In this first part of a 2-part series on reducing electricity consumption, we concentrate on the home. The next part will look at reducing electricity usage in the workplace.
Nomura: Consumption recovery will drive Malaysian equity
PETALING JAYA: A consumption recovery will drive Malaysian equity returns and outperformance, said Nomura in a recent Malaysia strategy report.
China H1 gold consumption soars, set to surpass India as top user
SINGAPORE, Aug 12 (Reuters) - China's consumption of gold in the first six months of the year surged by more than half as sliding prices of the metal lured buyers, data showed, reinforcing expectations that the nation will overtake India as the world's top gold consumer this year.
Ringgit hits 4-month high as consumption tax welcomed
SINGAPORE: The Malaysian ringgit hit its strongest level in more than four months on Monday as investors hailed government plans, including a new consumption tax, to reduce the fiscal deficit.