Business News
Malaysia’s Retail Sales Surge in March 2025, Boosted by Hari Raya Preparations
The surge in retail activity was particularly pronounced at stalls and markets, where sales soared by 10.0% year-on-year, a sharp increase from 7.6% in…
Category: Cost of Living
Business News
Wee urges delay in RON95 petrol subsidy rationalization and 14.2% electricity tariff hike
Now, we are facing a wave of significant cost of living increases and the most affected group is the common people, especially the most…
Business News
Opposition Leader Slams Economic Stagnation, Demands Overhaul to Escape Middle-Income Trap
Hamzah Zainudin emphasizes addressing Malaysia's middle-income trap through structural reforms, industry diversification, and improved education policies for youth.
Business News
Malaysia Monitors Egg Prices Closely as Subsidies Drop, Warns Against Price Hikes
Domestic Trade and Cost of Living Minister Armizan Mohd Ali announced close monitoring of egg prices and supply following a subsidy reduction from RM0.10…
Business News
PKR MP urges Madani to announce a stimulus package for SMEs
PKR MP Lee Chean Chung requested an economic stimulus package for SMEs to mitigate economic volatility and U.S. tariffs, emphasizing Malaysia’s low GDP growth.
Business News
Economic woes takes centre stage in Singapore as polls loom
The ruling People's Action Party (PAP), led by Prime Minister Lawrence Wong, is expected to win most seats despite the focus shifting to economic…
Business News
EPF, Khazanah, PNB among GLICs Implementing Living Wage Policy of RM3,100 for All Permanent Employees
Six Malaysian GLICs implement living wage policy, ensuring all permanent employees earn above threshold, boosting inclusive growth.
Business News
Malaysia’s GDP Growth Moderated More than Expected to +4.4%yoy in 1QCY25
GDP fell -3.7%qoq from the previous quarter. On quarter-on-quarter basis, Malaysia’s GDP fell by -3.7%qoq in 1QCY25 (4QCY25: +2.7%qoq) based on data which is…
Business News
National household debt stood at RM1.63 trillion (84.2% of GDP), lower than household financial assets of RM3.4 trillion
The government maintains prudent lending standards through the Policy Document on Responsible Financing, ensuring household debt remains manageable.
Business News
Cost of living among 5 main challenges impacting families
High living costs, dual incomes, reduced family time, rising child expenses, and gadget addiction are key challenges for Malaysian families.