e-commerce
Malaysians Spend MORE Time Seeking Raya Deals in 2024
Looking for Raya deals is part of the shopping trends that revealed Malaysians prioritize home comfort and entertainment essentials
Category: Economy and Business
Branding
McDonald’s claims price increase over costs of eggs slowed profit
McDonald's misses profit estimates due to declining global sales, impacted by heightened price sensitivity, Middle East conflict, and sluggish consumer spending
Banking and Finance
Trillion-Dollar Reserves: Key to Sustainable Development and Climate Action
Serey Chea highlights the potential of central banks' vast reserves in financing sustainable development goals and climate action, urging innovative approaches
Development
WEF Special Meet in Riyadh: Beware of the solutions?
There was a campaign last year that says the WEF would want individuals to own nothing and yet to be still be happy!
Banking and Finance
Is Bitcoin in Trouble after Price Halving?
Bitcoin and Ether maintained stability during Asia's morning trading, reflected in the flat CoinDesk 20 Index. Traders grapple with directional uncertainty amid ongoing macro…
Business News
Malaysia’s GDP growth accelerated to +3.9% year-on-year
GDP growth of 3.9% in 1QCY24 shows an acceleration from the previous quarter, but contracts by 3.4% quarter-on-quarter, with a forecast of 4.7% growth…
Business News
Secretary General of Treasury seeks logistics industry views on targeted subsidy
This discussion by the treasury was held to seek the views of associations and logistics companies on the scope and conditions of the proposed…
Economy and Business
IMF revises Malaysia’s 2024 GDP higher to 4.4% now
The IMF raised Malaysia's 2024 GDP outlook to 4.4% from 4.3% and predicts steady global growth at 3.2%. Risks and potential upsides are noted.
Economy and Business
Investor confidence high in Malaysia’s economic potential, says Finance Ministry
Investor confidence is stronger due to the fiscal reforms implemented by the government, including deficit reduction, the Public Finance Act, Fiscal Responsibility
Economy and Business
Analysts lowers end-2024 ringgit outlook to RM4.55/$ from RM4.40/$
BMI revises end-2024 ringgit forecast to RM4.55/US$, citing 1Q 2024 performance. Positive long-term ringgit outlook expects RM4.40/US$ by end-2025
Business News
Malaysia climbing the ladder as a growing economy in Asia
The report says Asia is expected to contribute two-thirds to the global growth.capita growing at 6.75 per cent. Malaysia is a growing economy in…
Byline
ESG Integration in Family Business for Long-Term Success
By Dr. Yong Jing Yi, Dr. Feranita, Associate Professor Dr. Lin Woon Leong Family businesses are the lifeblood of communities – more than profit-making entities, they…
Economy and Business
Cautious outlook on Malaysia’s 2024 economic prospects
Despite the cautious uutlook, FMM remains hopeful for an export-driven recovery, supported by indications of manufacturing activities rebounding.
Economy and Business
Indonesians struggle with record-high rice prices
Indonesian housewife Sutinah joined hundreds at a local police station before dawn, seeking affordable rice amid a shortage and record-high prices. Despite self-sufficiency struggles…
Economy and Business
Boost Ringgit Stability: SMEs Urged to Repatriate Export Proceeds
SAMENTA urges SMEs to convert export proceeds into the local currency for ringgit stability, emphasizing local product support for economic growth.
Business News
Malaysia Airlines Finally Turning to Profit Again
Malaysia Airlines achieved significantly higher operating profit at RM1.099bil from RM80mil in 2022, attributable to higher capacity and robust yield amid strong passenger travel…