M’sia records 11.5 billion e-payment transactions in 2023
Electronic payment (e-payment) adoption among Malaysians continued to increase in 2023 to 11.5 billion transactions compared to 9.3 billion in…
Category: Economy
Bank Negara to ensure monetary policy stance conducive for growth
Bank Negara will ensure that the monetary policy stance remains conducive to sustainable domestic economic growth in the long term…
Discount retailers making an impression
Product discount campaigns are emerging and showing promising development trends, becoming one of the hottest topics in the retail sector…
Ringgit weakness due to cyclical factors
Bank Negara says the present weakness in the ringgit is primarily due to cyclical factors with the US Federal Reserve’s…
Bank Negara: Structural reforms crucial
While Bank Negara remains committed to playing its part in preserving confidence in the ringgit, it reiterates that structural reforms…
HK exceeds expectations in sustainability efforts
Hong Kong is exceeding expectations in attaching the green label to its global financial hub status amid a worldwide drive…
Fed to give fresh clues on path of rate cuts
The Federal Reserve (Fed) will likely avoid signalling an imminent rate cut this week, staying focused on stubborn inflation while…
Improved earnings outlook for technology sector in 2024 on high orders
UOB Kay Hian (UOBKH) Research is maintaining a positive outlook on the technology sector, backed by an improving earnings outlook…
Holistic reform needed to tackle household debt
The surge in the country’s household debt level is symptomatic of broader systemic issues in the economy rather than isolated…