Economic Report 2021/2022: Malaysian capital markets remain vibrant, gross funds raised increased 16.3% to RM163b as at July 2021
KUALA LUMPUR (Oct 29): Malaysia’s capital markets remained vibrant, with gross funds raised increasing by 13.
Economic Report 2021/2022: Malaysia's inflation set to moderate to 2.1% in 2022 on better economic prospects, stable oil prices
KUALA LUMPUR (Oct 29): Malaysia's inflation, measured by the consumer price index (CPI), is expected to moderate from current levels to 2.
Economic Report 2021/2022: Government to consider consumption-based tax in order to reduce reliance on direct taxes
KUALA LUMPUR (Oct 29): The government is currently considering options to reduce the reliance on direct taxes and widen the revenue base by shifting to consumption-based tax under the Medium-Term Revenue Strategy (MTRS) framework.
Malaysian economy to grow faster at 5.5%-6.5% in 2022 vs 3%-4% in 2021
KUALA LUMPUR (Oct 29): The country's economic growth is expected to accelerate to 5.
Economic Report 2021/2022: Household debt swells to RM1.34 trillion, 89.6% of GDP
KUALA LUMPUR (Oct 29): Malaysia's household debt climbed further to RM1.
Economic Report 2021/2022: Pandemic cut per capita income by 6.5%, relegated households to lower-income brackets
KUALA LUMPUR (Oct 29): Covid-19 has had a scarring impact on incomes, giving rise to the emergence of new vulnerable groups while compounding existing issues of under-underemployment and youth unemployment in the nation, the Ministry of Finance (MoF) said.
Economic Report 2021/2022: RM18.2b of 1MDB-linked assets seized, recovered
KUALA LUMPUR (Oct 29): A total of RM18.
All eyes on Budget 2022
In another few hours, the long awaited Budget 2022 will be announced by the Finance Minister Datuk Seri Tengku Zafrul Aziz.
Budget 2022: Hints dropped indicate no major new taxes next year
KUALA LUMPUR (Oct 29): Going by hints dropped by Prime Minister Datuk Seri Ismail Sabri Yaakob, Budget 2022 to be tabled at 4pm on Friday will not only be expansionary and sizeable, but also one that puts the need to quickly return lives and livelihoods back to pre-Covid-19 levels first before executing plans to pare down government debt and beef up tax collection.
Selangor Dredging associate Fortress Minerals subsidiary signs new agreement for iron ore offtake
KUALA LUMPUR (Oct 13): Selangor Dredging Bhd's 30.
