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53 measures to cut costs

PETALING JAYA: The Government has introduced 53 wide-ranging measures to optimise public expenditure in the face of the current economic challenges.


Matrade: Services sector not subject to Bank Negara’s new measures

KUALA LUMPUR: Companies exporting their products under the services sector are not subject to measures introduced by Bank Negara, says the Malaysia External Trade Development Corp (Matrade).


Six measures introduced to address FTSE Russell’s concerns

KUALA LUMPUR: Bank Negara has introduced six new measures that could potentially avert Malaysia’s disqualification from FTSE Russell’s World Government Bond Index (WGBI).


Mayor: Up safety measures

THE stop-work order for the Petaling Jaya-North underground sewerage upgrading project will only be lifted after its contractor improves on safety measures at the project sites, said Petaling Jaya mayor Mohd Azizi Mohd Zain.

The Star Says

Knee-jerk measures are not enough

IT must be difficult for the Treasury to implement 53 measures to opti­mi­­tise its spending for the 1.6 million civil servants.


Malaysia seen retaining property cooling measures

COUNTRIES in the region that imposed property cooling measures at around the same time are not likely to be relaxing them almost simultaneously due to differing economic conditions.


Bank Negara measures seen slowing down loans growth next year

PETALING JAYA: More macro prudential measures, especially those aimed at “cooling” the property market, are expected to be introduced in the fourth quarter or next year amid escalating household debt.


Moody’s see greater ringgit stability under new Bank Negara measures

KUALA LUMPUR: Moody’s Investors Service expects Bank Negara Malaysia’s new measures to its foreign exchange administration could foster greater currency stability in the near term by reducing the steps involved in retaining earnings within the country.


Singapore's competition watchdog issues interim measures to stop Grab, Uber merger

SINGAPORE: The Competition and Consumer Commission of Singapore (CCCS) has issued interim measures to stall Grab's takeover of Uber operations here.


BNM measures help stabilise ringgit, says governor

KUALA LUMPUR: Several measures introduced by Bank Negara Malaysia (BNM) in December last year have helped stabilise the ringgit and the central bank is ready to step in with more if needed.