Govt confident of reducing jobless rate to 3.5% despite MCO enforcement
KUALA LUMPUR (Feb 9): The Government is confident of meeting its unemployment rate target of 3.
Unemployment rate of low income group doubled since September - Unicef
PETALING JAYA (Feb 8): More and more low income earners in Klang Valley are losing their jobs during the one-year long conditional movement control order, according to a report by United Nations International Children's Emergency Fund (Unicef).
Top Abu Dhabi executives implicated in 1MDB scam believed to have been convicted
KUALA LUMPUR (Feb 5): Were the two top executives of the Abu Dhabi wealth fund implicated in the 1MDB scandal convicted and jailed two days ago in the United Arab Emirates? According a Feb 3 news report by the Khaleej Times, the Abu Dhabi Criminal Court had sentenced a former senior management executive of a government-owned company and its chief executive officer (CEO) to 15 years in prison for money laundering.
Fishmonger sent behind bars for hitting wife in anger after spying on her phone
PETALING JAYA (Jan 22): A fishmonger has been given one month in jail and a fine of RM1,000 in a Magistrate’s Court here for hitting his wife on the head after reading text messages on her phone.
BNM expected to cut OPR to new low of 1.5% — DBS Group Research
KUALA LUMPUR (Jan 15): DBS Group Research is predicting Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps), which would bring the interest rate to a new low of 1.
Malaysia's 2021 unemployment rate seen improving to 3.5%
KUALA LUMPUR (Nov 6): Malaysia's unemployment rate is projected to decrease to 3.
BNM maintains OPR at 1.75% at final monetary policy meeting for 2020
KUALA LUMPUR (Nov 3): Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.
Non-financial corporate debt servicing capacity still above prudent level in 1H20
KUALA LUMPUR (Oct 14): Despite the expected weakening in financial health among non-financial corporates (NFCs) due to the Covid-19 pandemic, the aggregate indicator of the debt- servicing capacity of NFCs has remained above the prudent threshold, reflecting the reasonably healthy financial conditions prior to the pandemic, according to Bank Negara Malaysia's (BNM) Financial Stability Review for the first half of 2020 (1H20).
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NAPIC: 1H2020's residential loan approval rate stood at 34.1%, lowest in 10 years
PETALING JAYA (Sept 22): The loan approval rate for residential properties in the first half 2020 (1H2020) stood at 34.
Lowering cost with new building methods
The Covid-19 outbreak has changed the game rules, and the conventional labour intensive way might not be feasible in the future.
