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PETALING JAYA: The country’s Consumer Price Index (CPI), which measures the national inflation rate, is expected to continue declining until the third quarter of 2020.
PETALING JAYA: The Malaysian manufacturing sector’s performance could remain weak for the next several months, even with the gradual ramp-up in business activities after the conditional movement control order (CMCO) began yesterday.
OVER the past couple of months, financial markets have fluctuated wildly due to the Covid-19 pandemic and collapse of crude oil prices since early March. Warnings of an imminent global recession have been ringing louder than ever.
PETALING JAYA: As Malaysia charts its “exit strategy” from the almost two-month-long movement control order (MCO), economists have called for more sectors to be opened during the fourth phase of the partial lockdown.
PETALING JAYA: In the face of weakening oil prices, the ringgit could face some weakness in the short term before picking up to the RM4.30 to RM4.35 level against the greenback by year end.
PETALING JAYA: Malaysia may have fallen into deflation in March, with the trend expected to continue in the second and third quarters of this year, according to RAM Ratings.
PETALING JAYA: A rebound in Malaysia’s economy is more than likely by next year, but to hit a gross domestic product (GDP) growth of 9% may seem far-fetched.