Malaysians are set to benefit from Fitch Ratings’ revision of the local economy as Fitch’s recognition will drive more revenue for the country.
With the Trans-Pacific Partnership (TPP), Malaysia could see over RM133.9 bil increase in exports. But if it is so good, why are people kicking up a fuss?
Malaysian consumer prices saw a 2.5% increase in June due to a hike in petrol prices, as well as GST and a weak Ringgit.
More students should be encouraged to consider studying for their degrees locally to help stablise the Ringgit’s value in the long-term.
What does the fasting month of Ramadhan herald for F&B businesses in Malaysia?
Fitch unexpectedly raised Malaysia’s outlook to "stable", from “negative” previously, as a result of improvement in Malaysia’s fiscal finances, progress on the Goods and Services Tax (GST) and fuel subsidy reform.
Analysts cite GST’s inflationary effect, drop in crude prices, lower forex reserves, higher US interest rates and 1MDB debts as reasons for dip in Ringgit.
Households earning RM2,000 and below are reportedly paying RM51.89 per month (2.59% of their earnings) in the Goods and Services Tax (GST), which was implemented on April 1, said the Finance Ministry.
Malaysia has fallen two places, and is now ranked at 14 in a global ranking of economic competitiveness by the... View Article