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CPI up 1.5% in June in line with expectations

PETALING JAYA: The country’s consumer price index (CPI) rose 1.5% in June, in line with analyst expectations, due to the low base effects arising from the removal of the goods and services tax (GST) last year.

June inflation up 1.5% after GST zero-rated year ago

KUALA LUMPUR: Malaysia's inflation rate, as measured by the Consumer Price Index (CPI) rose by 1.5% in June this year, which was in line with a survey, due to the low-base effects arising from the removal of the Goods and Services Tax (GST) last year.

Suria Capital to redevelop Kota Kinabalu Port

KOTA KINABALU: Kota Kinabalu Port will be transformed into a new city, to be known as Jesselton Waterfront City, under redevelopment project which will see among others, the establishment of international cruise and ferry terminal, said Suria Capital Holdings Bhd.

Labuan Corp tenders out three prominent projects

LABUAN: Local authority the Labuan Corporation (LC) has tendered out three prominent development projects as part of efforts to recover its investment and boost its coffers as well as the duty-free-island’s economy as a whole.

Muted US inflation strengthens case for Fed rate cut

WASHINGTON: U.S. consumer prices barely rose in May, pointing to moderate inflation that together with a slowing economy increased pressure on the Federal Reserve to cut interest rates this year.

Leading the way in world-class managed industrial park

When asked to conjure up the image of an industrial park, people would mostly envision polluted, dirty, contaminated and ill-managed sites.

IR4.0: On the brink of technological revolution

My Point by Manokaran Mottain Malaysia is one of the countries forging ahead with Industry 4.0 (IR4.0). The objective is to modernise our industrial capability, and transform the economy from a low-cost manufacturing country into a high-value competing manufacturer.