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World Bank: Malaysia GDP to recover in 2021 on effective vaccine deployment
KUALA LUMPUR: Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said.
Palm planters go into agri-related ops to diversify income streams
PETALING JAYA: More oil palm plantation companies are venturing into agriculture-related businesses, from dairy farming to pineapple and coconut cultivation, on a large-scale basis in their efforts to further diversify income streams.
Big LNG boost for Malaysia
PETALING JAYA: Malaysia and its national oil company Petroliam Nasional Bhd (Petronas) are expected to benefit from the recent spike in the price of gas.
Ringgit higher for 3rd straight day as US$ drifts
KUALA LUMPUR: The ringgit opened higher against the US dollar for the third consecutive day, taking advantage of the drifting greenback and the oil market rally.
Oil and gas in the new norm
While a gradual recovery is seen, oversupply concerns still linger
Right time for economic reform
Malaysia needs to reset strategy to achieve high-income status
Room for ringgit to appreciate
PETALING JAYA: After witnessing the ringgit fall in March to its lowest level this year against the US dollar, bright spots began to emerge for the local currency to appreciate against the greenback.
Economists have mixed views on Fitch’s rating cut
KUALA LUMPUR: Economists have given mixed views on Fitch Ratings’ latest revision of Malaysia’s sovereign rating, with some saying it is on expected lines while others expressed disappointment.