News about economy

  KUALA LUMPUR (Oct 21): It was a near miracle that Malaysia was not bankrupted due to the damage done by the previous kleptocratic regime as they turned the nation’s coffers into their personal kitty, Tun Dr Mahathir Mohamad said today.

KUALA LUMPUR (Oct 18): The forecast improvement in global economic growth to 3.

KUALA LUMPUR (Oct 12): Lowering of the threshold for foreign ownership in property from RM1 million to RM600,000 may be appropriate in the short term, but specific guidelines are important in ensuring long-term sustainability and viability, said PwC Malaysia tax leader Jagdev Singh.

KUALA LUMPUR (Oct 10): Risks to Malaysia's economic growth outlook continue to tilt towards the downside in anticipation that a sharper-than-expected slowdown in major economies, unresolved trade tension and a maturing global technology cycle could weigh on the country's export demand in the near term.

KUALA LUMPUR (Oct 10): The government needs to diversify and increase its revenue resources, including widening coverage of the sales and services tax (SST) to rebuild fiscal buffers, says the World Bank Group.

KUALA LUMPUR (Oct 5): Malaysia will adopt a new approach through the Shared Prosperity Vision 2030 (WKB2030) to strengthen the country's economic performance, Tun Dr Mahathir Mohamad said.

PUTRAJAYA (Oct 1): Information can be a double-edged sword, depending on how it is being perceived and in the case of the country’s debt level, all is well as the government is balancing it within its means, Finance Minister Lim Guan Eng said.

KUALA LUMPUR (Sept 27): Bank Negara Malaysia (BNM) and the Securities Commission (SC) are leading the newly-formed joint committee on climate change (JC3) to spur the Malaysian financial sector towards a low-carbon economy.

PUTRAJAYA (Sept 13): Skill shortages and job mismatches among employees in Malaysia could lead to serious repercussions if left unremedied, said Human Resources Minister M Kula Segaran.

  KUALA LUMPUR (May 16): Malaysia's economy grew 4.