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Rafizi: Education key to nation's progress, growth

The Economy Ministry says education will play a pivotal role in cultivating talent and be the foundation for sustainable growth of the economy.

Kuala-lumpur , Malaysia , Yasuhiko-matsuda , Rafizi-ramli , Economy-ministry , World-bank , Programme-for-international-student-assessment , Economic-monitor , Bamboo-shoots , Strengthening-foundational , International-student-assessment , Economy

Upturn in business sentiment on higher sales outlook

The RAM-CTOS Business Confidence Index (BCI), which examines forward-looking business sentiment in Malaysia, rose to 53.4 in the first quarter of 2024 (1Q24), following two consecutive quarters of decline.

Kuala-lumpur , Malaysia , Malaysian , Chris-wk-lee , Sdn-bhd , Holdings-bhd , Confidence-index , Systems-sdn-bhd , Economy , Malaysiabci , Businesssentiment , Economicgrowth

Stable prospects for job market this year

Malaysia’s labour market is expected to remain steady throughout 2024, supported by an expansion in economic activities.

Petaling , Malaysia-general- , Malaysia , Hong-leong-investment-bank , Bank-research , Kenanga-research , Statistics-department , National-human-resource-policy-framework , Economy , Malaysialabourmarket , Lowunemployment

Raising the minimum wage: A tough call for the government

Many employers would balk at the idea of having to pay higher minimum wages in light of rising costs amidst a challenging operating environment.

Steven-sim , Human-resources-minister-steven-sim , Economy , Minimumwagemy , Costofliving , Livingwage , Incomegap , Smeimpact , Productivitygrowth , Progressivewagepolicy , Upskilling

TRX takes the spotlight

The government has announced incentives for companies that seek to relocate their base to the Tun Razak Exchange (TRX) development, which has been also designated as the country’s international financial centre (IFC).

Kuala-lumpur , Malaysia , Anwar-ibrahim , Tun-razak-exchange , Minister-datuk-seri-anwar-ibrahim , Property , Trx , Malaysiaifc , Financialhub , Investmentincentives , Knowledgeworkerdestination , Economicgrowth

Tengku Zafrul: Strong trade recovery likely in 2024

The government is projecting a 5% growth in trade this year, buoyed by the better-than-expected rebound in January 2024.

Kuala-lumpur , Malaysia , China , Chinese , Zafrul-abdul-aziz , World-trade-organisation , Chinese-new-year , Economy , Malaysiatradegrowth , Januaryrebound , Wto , Mitioutlook

OPR likely to remain unchanged

With inflation easing to its lowest levels since March 2021 and the country’s gross domestic product expected to expand at a faster pace this year, economists are projecting that Bank Negara will keep the overnight policy rate (OPR) unchanged at its Monetary Policy Committee (MPC) meeting today.

Petaling , Malaysia-general- , Malaysia , Red-sea , Djibouti-general- , Djibouti , Carmelo-ferlito , Anwar-ibrahim , Wong-chin-yoong , Kim-leng , Mohd-afzanizam-abdul-rashid , Mohd-afzanizam

OPR likely to stay at 3% until year-end

The overnight policy rate (OPR) is expected to remain unchanged until the end of 2024, say economists.

Petaling , Malaysia-general- , Malaysia , Malaysian , Monetary-policy-committee , Bank-negara , Ambank-research , Bank-research , Finance-ministry , Economy , Oprhold

The global south needs a leader. Why not Indonesia?

Over the past decade, the world’s least obtrusive populist quietly built a case for Indonesia as not just an attractive investment destination but a leader of the developing world. Now, President Joko Widodo’s onetime rival-turned-handpicked successor, Prabowo Subianto, has a chance to fulfill those grand aspirations.

Indonesia , Joko-widodo , Prabowo-subianto , President-joko-widodo , Commentary , Globalleadership , Developingworld , Globalsouth , Jokowilegacy , Prabowochallenges , Economicgrowth

Works widen to RM34.1bil in 4Q23

As the Construction Index of Bursa Malaysia rallied to the highest level in four-and-a-half years, the value of work done in Malaysia’s construction sector also surged to RM34.1bil in the fourth quarter of 2023 (4Q23).

Malaysia , Labuan , Johor , Petaling , Malaysia-general- , Selangor , Kuala-lumpur , Mohd-uzir-mahidin , Mohd-uzir , Statistics-department , Construction-index , Bursa-malaysia