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Ringgit softer versus US dollar in early trade on profit-taking

Ringgit softer versus US dollar in early trade on profit-taking

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the local note is overbought following last week's gain.
Mon Jul 15 2024
Consider This: Federalism - When States Want More

Consider This: Federalism - When States Want More

Recently Johor and Penang have made headlines with their push for a larger share of the taxes they collect. Johor, at the urging of regent Tunku Ismail Sultan Ibrahim, is seeking 20 to 30 percent of its collected taxes, while Penang is seeking 20 percent. These demands are raising important questions about decentralisation and financial autonomy. Additionally, Sabah and Sarawak’s unique position under the MA63 adds to the complexity of these discussions. How should Malaysia navigate the demands for greater funds? On the episode of #ConsiderThis Melisa Idris speaks to economist Professor Dr Jomo Kwame Sundaram, and Dr Tricia Yeoh, CEO of IDEAS Malaysia.
Fri Jun 28 2024
Targeted fuel subsidy will help consolidate govt's fiscal position - Economists

Targeted fuel subsidy will help consolidate govt's fiscal position - Economists

Shan Saeed said more countries are now removing subsidies and move to a more market-driven approach.
Tue Jun 11 2024
Consider This: Malaysian Palm Oil (Part 2) — Navigating EU's Deforestation Regulation

Consider This: Malaysian Palm Oil (Part 2) — Navigating EU's Deforestation Regulation

The Malaysian palm oil sector, which is the second-largest producer globally after Indonesia, is facing mounting challenges, particularly from the European Union's incoming Deforestation Regulation. This regulation aims to halt the sale of any products linked to deforestation in its markets. Despite efforts to promote sustainability through certification schemes like MSPO and RSPO, questions remain: Can certification alone redeem palm oil's tarnished reputation? And how might the EU’s new regulation impact smallholders, who produce about 40% of the total output of palm oil in Malaysia? On this episode of #ConsiderThis Melisa Idris speaks to Khor Yu Leng, Senior Economist at Segi Enam Advisors & Associate Director for Sustainability at the Singapore Institute of International Affairs.
Mon Jun 10 2024
Chief Economists: The Economic Outlook Is Brightening But Political Risks Loom Large in 2024

Chief Economists: The Economic Outlook Is Brightening But Political Risks Loom Large in 2024

82 pct of chief economists expect the global economy to remain stable or strengthen this year almost twice as many as in late 2023.
Thu May 30 2024
Putin taps economist to run defence, replacing Shoigu in unexpected move

Putin taps economist to run defence, replacing Shoigu in unexpected move

Russia's economists have so far largely ensured economic stability and growth despite toughest sanctions ever imposed on a major economy.
Mon May 13 2024
Ringgit easier vs US dollar amid expectations of tight US monetary policy

Ringgit easier vs US dollar amid expectations of tight US monetary policy

A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.
Mon May 13 2024
AI has both threats and opportunities - British Economist

AI has both threats and opportunities - British Economist

Governments around the world should be responsible for the pace of Artificial Intelligence (AI) technologies.
Thu Feb 01 2024
China inclusion in Look East Policy will boost trade, investment - Economist

China inclusion in Look East Policy will boost trade, investment - Economist

Malaysia's Look East Policy with the inclusion of China will increase trading and investment cooperation between both countries, resulting in higher economic growth and revenue for Malaysia.
Fri Dec 22 2023
[COLUMNIST] 'Whoosh' gonna bear the financial cost of the high-speed rail, Jakarta or Beijing?

[COLUMNIST] 'Whoosh' gonna bear the financial cost of the high-speed rail, Jakarta or Beijing?

Weeks ago, a renowned Indonesian economist, Yusuf Wibisono,raised a pertinent question whether Indonesia has fallen into the China debt trap.
Mon Oct 09 2023
Ibrahim Sani’s Notepad: MADANI Economy: Providing the narrative

Ibrahim Sani’s Notepad: MADANI Economy: Providing the narrative

According to Maybank Group's Chief Economist, Suhaimi Ilias, MADANI economic narrative addresses critical structural challenges and aims for transformative growth. Tune in to #NotepadWithIbrahimSani tonight to know more of Suhaimi's thoughts and insights.
Thu Aug 03 2023
Anwar-Musk meeting to have spillover effect on Malaysia's EV journey - Economist

Anwar-Musk meeting to have spillover effect on Malaysia's EV journey - Economist

Professor Dr Yeah Kim Leng said any forthcoming commitment arising from the meeting will provide the Malaysian EV industry with a big boost.
Tue Jul 11 2023
Chinese women economists called 'traitors' online for meeting with Yellen

Chinese women economists called 'traitors' online for meeting with Yellen

The women have been lambasted by some netizens who accused them of treason for meeting Janet Yellen and being "radical feminists".
Mon Jul 10 2023
Malaysia's economy grows 5.6% in Q1, above forecast

Malaysia's economy grows 5.6% in Q1, above forecast

Economists surveyed by Reuters had forecast annual gross domestic product growth would come in at 4.8% in the January to March period.
Fri May 12 2023
Another round of EPF withdrawals not viable, warn economists

Another round of EPF withdrawals not viable, warn economists

Previous withdrawals have already left millions without pension savings, forcing them to work beyond retirement.
Tue Jan 31 2023