Malaysia’s economy is expected to rebound firmly in the second quarter and second half of the year, said analysts and economists said. This will be underpinned by receding trade war effects, better commodity prices, low inflationary pressure and strong domestic demand. Positive news on infrastructure projects such as the East Coast Rail Link (ECRL) project …
ASEAN payment connectivity to cut transaction costs
EIGHT Asean countries agreed on Asean Payment Connectivity, which aims to cut transaction fees for migrants, tourists and businesses, during the meeting of Asean Finance Ministers and Central Bank Governors in Chiang Rai last week. Bank of Thailand (BOT) Governor Veerathai Santiprabhob and Perry Warjiyo, governor of Bank Indonesia (BI) signed the memorandum of understanding …
Join the MDBC Connects Fair!
Come to the MDBC Connects Fair on Thursday, 28 March from 14:00 – 18:30 hrs at the DoubleTree by Hilton Kuala Lumpur. The Connects Fair and Interactive Discussion are OPEN and FREE for all to attend. Showcasing over 40 service providers from a wide range of sectors, this is the best (and most convenient) way …
Malaysia Well Positioned for Regional Logistics Hub
Nestled strategically along the Strait of Malacca, Malaysia has enjoyed a favourable position on one of the world’s most important trade routes since the days of the sultanate. With manufacturers in the South-East Asian region expected to ramp up production – courtesy of the ongoing US-China trade war – there is an opportunity for Malaysia …
Malaysia’s exports up 3.1% in Jan, trade surplus surges to RM 11.5b
Malaysia’s exports in January 2019 posted a growth of 3.1% year-on-year (y-o-y) to RM85.4 billion, outpacing imports, which grew 1.0% y-o-y to RM73.9 billion. Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said total trade in January 2019 grew 2.1% to reach RM159.3 billion from January 2018. The trade surplus was RM11.5 billion, surged …
