Saturday, August 15, 2015
Malaysia's ringgit currency suffered one of its worst one-day declines on Friday, falling to a fresh 17-year low in a protracted slide blamed on concerns over low oil prices and political uncertainty.
Friday, August 14, 2015
Malaysia's central bank said Thursday there is no need for "extreme measures" such as pegging the currency or capital controls to halt a slide in the ringgit.
Monday, August 3, 2015
One in five Malaysians, aged 60 and above, work. And almost 70 percent of them do it because they have to.
Monday, May 11, 2015
An unpopular new consumption tax has handed fresh ammunition to critics of Malaysia's embattled prime minister, with angry consumers complaining it has sent some prices surging, and economists warning it could harm growth.
Tuesday, April 14, 2015
Malaysia is the leading supplier of medical equipment among the 56-member Organisation of Islamic Cooperation (OIC).
Wednesday, January 21, 2015
Malaysia trimmed its 2015 growth forecast Tuesday and said the fiscal deficit would be bigger than expected after the sharp fall in oil prices hit the petroleum-exporting nation's economic plans.
Saturday, January 3, 2015
MARC Rating foresees a downward trend in Malaysia's headline gross domestic product (GDP) growth in 2015 to 4.7 percent, which is lower than the government's projection of 5 percent to 6 percent during Budget 2015.
Tuesday, December 23, 2014
Tracking the flow of global investment funds is a tricky business. But the ringgit's recent sharp depreciation against the U.S. dollar has led to suggestions by some economists that as much as 70 billion ringgit (US$20.09 billion) stands to flow out of the country.
Tuesday, October 14, 2014
Despite being a partner in a law firm just outside Kuala Lumpur, Ms. Puteri Mohamad, and her fiance, can only watch as apartments in the area where she lives spiral above 500,000 ringgit (US$153,334).
Saturday, August 16, 2014
Malaysia's economy grew a better-than-expected 6.4 percent in the second quarter on the back of stronger exports and robust domestic demand, the central bank said Friday.