KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said today Malaysia's economic growth will remain positive in the fourth quarter of 2019 (4Q19) and the expansion will be sustained into 2020, anchored by the country's private sector spending and diversified nature of its economy and exports.
KUALA LUMPUR (Nov 12): Malaysia's wholesale and retail trade sales grew 5.
GEORGE TOWN (Nov 11): Tax administrators worldwide should cooperate and share information to address the issue of tax compliance and prevent illegal activities, especially the shadow economy, says Finance Minister Lim Guan Eng.
KUALA LUMPUR (Nov 2): The Malaysian economy is expected to remain resilient next year, led by favourable domestic demand, said Finance Minister Lim Guan Eng.
GEORGE TOWN (Oct 25): It has been an encouraging year for Penang as far as the state's economic growth is concerned, Penang Chief Minister Chow Kon Yeow said yesterday.
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.