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EVEN as firms hang on for the long-awaited recovery later this year, the rising cost of doing business is throwing a spanner in the works for companies already plagued by poor sales.
KUALA LUMPUR: The local stock market ended July on a disappointing note as selling pressure picked up pace in late Friday trade amid a weak economic outlook while key Asian markets also closed lower.
KUALA LUMPUR: The Malaysian Institute of Economic Research’s (MIER) consumer sentiments report for the second quarter to June showed signs of consumer fatigue are becoming more apparent and it could worsen.
KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) sees a rocky road ahead for businesses as manufacturers reported a decline in sales due to a fall in domestic and external demand.
PETALING JAYA: The anticipated recovery in consumer spending in the second half of the year, aided by government policies and spending and a ramp-up in vaccination, will be a positive driver for the economy.
THE Federation of Malaysian Manufacturers (FMM) is urging the government to accelerate the ratification process and proceed with the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) at the earliest possible time.
BIMB Securities Research expects the economy to have shrunk at a slower pace of 0.6% year-on-year in the first quarter (1Q 2021) compared with a contraction of 3.4% in the fourth quarter last year.
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Friday allegations a ruling party lawmaker molested a teenager should be investigated, following anger at a senior leader who said the issue was a private matter unrelated to legislative work.