Public servant unions accept government's 7.5% wage offer
Unions had initially demanded an increase of 8%, but have settled on government's revised offer.
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Unions had initially demanded an increase of 8%, but have settled on government's revised offer.
THE February 2022 consumer price index (CPI) will be published this week alongside the external trade statistics and leading index.
The key focus for investors this week is whether the US Federal Reserve (Fed) will continue with its interest rate hike cycle, with a decision expected early Thursday morning. At home, the Muslim fasting month of Ramadan is expected to begin this week.
Economists see slower growth for Malaysia in 2023 amid weak external demand-
PETALING JAYA: The effect of stronger tourism activity is expected to boost Malaysia’s gross domestic product (GDP) by at least one percentage point (ppt) in 2023, via further recovery in tourist arrivals, resumption of China outbound travelling, and sustained domestic tourism demand.