Economy

What is helping the ringgit’s rise?

According to an analyst, the stars are currently aligned for the ringgit
by MARK RAO / pic by BLOOMBERG The ringgit has been a standout performer this ...

Retail sector to see lower growth this year, says RGM

The association projects a 4.5% growth rate for the nation’s retail sector in 2019, slightly lower than the 4.7% forecast in 2018
by SHAHEERA AZNAM ...

Russia dumps RM413b from dollar reserves in pivot to China

By BLOOMBERG
MOSCOW • Russia’s central bank dumped US$101 billion (RM413.09 billion) in US holdings from its huge reserves, shifting into euros and ...

HSBC pushing for more banks to adopt blockchain technology

By DASHVEENJIT KAUR / Pic By ISMAIL CHE RUS
HSBC Bank Malaysia Bhd has been engaging with local regulators to come up with a trade finance platform ...

China factory prices rise at slowest pace in more than 2 years

By BLOOMBERG
BEIJING • China’s factory inflation slowed sharply in December, continuing the slowdown for a sixth straight month to the weakest level ...

US, China economies seek rare soft landing feat amid trade war

By BLOOMBERG
WASHINGTON • The world’s two biggest economies are separately struggling to come in for unparalleled, simultaneous soft landings, an ...

IRB collects RM206m via voluntary declaration programme

The programme has also resulted in 50,000 newly registered taxpayers, says IRB communications director
By SHAHEERA AZNAM SHAH The Inland Revenue Board ...

Lim denies Nomura’s claim on Malaysia’s fiscal deficit

Lim is confident that Malaysia is able to meet all of its fiscal deficit targets on higher SST collection
by ALIFAH ZAINUDDIN / pic by MUHD AMIN ...

Moody’s: M’sia’s fiscal strength at risk on narrower SST base, credit rating ‘Stable’

The govt’s focus on supporting growth and incomes of poorer households is a factor behind a slower fiscal consolidation path
by MARK RAO / pic by ...

US official says China trade talks ‘went just fine’

Asian markets rise on optimism that the 2 sides would be able to hammer out a deal ahead of deadline
BEIJING • The US and China concluded yesterday ...

Analysts upbeat on 2019 CPO price recovery

By DASHVEENJIT KAUR
The price of crude palm oil (CPO) is expected to recover gradually this year due to the ample global soybean supply arising from ...

Can the ringgit rise brave the global storm?

The local unit has risen by 0.42% against the greenback since the start of this year amid concerns that the US economy has peaked and could go on a ...