Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry
The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Tue Nov 26 2024
World Bank appoints Judith Green as country manager for Malaysia
The newly created position will have Judith Green based in World Bank Group's inclusive growth and sustainable finance hub in Kuala Lumpur.
Mon Nov 25 2024
Niaga SPOTLIGHT: Costing The Silent Threat of Obesity
Non-communicable diseases (NCDs) in Malaysia are a growing burden on the health system, with a number of associated health issues and economic costs.
The annual cost of healthcare for NCDs is estimated to be over RM 9.65 billion. Meanwhile, the cost of disability and loss of healthy life years is estimated to be around RM 100.79 billion. Absenteeism due to NCDs is estimated to cost the Malaysian economy RM 2.6 billion annually.
From the common NCDs, obesity is one of THE most significant health threats, with nearly 20% of the Malaysian population currently classified as obese.
Additionally, more than half of all adults (54%) are overweight or obese. According to the World Obesity Atlas, this figure could rise to 41% in Malaysia by 2035, if preventive action is not taken.
Niaga Spotlight focuses on immediate strategies to address this growing silent threat of Obesity, which also burdens the national healthcare system as well as national productivity levels with significant impacts and costs.
The annual cost of healthcare for NCDs is estimated to be over RM 9.65 billion. Meanwhile, the cost of disability and loss of healthy life years is estimated to be around RM 100.79 billion. Absenteeism due to NCDs is estimated to cost the Malaysian economy RM 2.6 billion annually.
From the common NCDs, obesity is one of THE most significant health threats, with nearly 20% of the Malaysian population currently classified as obese.
Additionally, more than half of all adults (54%) are overweight or obese. According to the World Obesity Atlas, this figure could rise to 41% in Malaysia by 2035, if preventive action is not taken.
Niaga Spotlight focuses on immediate strategies to address this growing silent threat of Obesity, which also burdens the national healthcare system as well as national productivity levels with significant impacts and costs.
Fri Nov 22 2024
The Economy: A closer look on the impact of Trump 2.0 on Malaysian capital markets
Join Chairman of the George Town Institute of Open and Advanced Studies (GIOAS), Tan Sri Andrew Sheng, as he explores the shifting landscape of Malaysian capital markets ahead of Trump 2.0. This discussion will unpack the potential impacts on global finance and how Malaysia’s markets are preparing for the changes.
Thu Nov 21 2024
Rising equity market capitalisation further evidence of Malaysia's economic recovery - PM
Datuk Seri Anwar Ibrahim says the ESG agenda is increasingly shaping the world economy and capital markets.
Wed Nov 20 2024
Ringgit advances as domestic optimism offsets US rate concerns
Dr Mohd Afzanizam Abdul Rashid said Malaysia's third-quarter economic data indicated the economy was on track for stronger growth this year.
Mon Nov 18 2024
[COLUMNIST] Budget 2025 - Powering data centres
A "radical" tax allowance scheme could help to position Malaysia to be a leading regional hub for data centres.
Fri Nov 15 2024
Sri Lankan president's coalition wins big majority in general election
Anura Kumara gains power to push through his plans to fight poverty and graft in the island nation recovering from a financial meltdown.
Fri Nov 15 2024
BNM: Existing mega projects will continue to support Malaysia's economic growth in 2025
Datuk Seri Abdul Rasheed Ghaffour says the govt secured investments totalling RM330 bln in 2023 and RM160 bln in the first half of 2024.
Fri Nov 15 2024
Malaysia's removal from US Treasury monitoring list indicates balanced, transparent policies - Economist
The list comprises major US trading partners whose currency practices and macroeconomic policies merit close attention.
Fri Nov 15 2024
Strong investments, exports drive Malaysia's third quarter GDP growth to 5.3 per cent
BNM says exports continue to strengthen on the back of recovering external demand and positive spillovers from the global tech upcycle.
Fri Nov 15 2024
MKI declares GISB teachings deviant and against Islamic beliefs
GISB practises a ma'ash economy, characterised by elements of enslavement, says MKI.
Thu Nov 14 2024
Labour demand hits 9.01 million jobs in third quarter 2024 - DOSM
Datuk Seri Dr. Mohd Uzir Mahidin says this marks a steady 1.2 percent year-on-year increase in job vacancies.
Thu Nov 14 2024
The Economy: Using AI to drive happiness at the workplace
Join the conversation on creating a transformative work environment where AI-powered insights drive efficiency and elevate well-being, turning company culture into a strategic competitive edge. Discover how advanced AI applications can foster a workplace where productivity, innovation, and employee satisfaction thrive together.
Thu Nov 14 2024
Daim Zainuddin a loyal businessman, politician
Tun Daim Zainuddin was instrumental in the country's business landscape in the 1980s and 1990s, says Datuk Yong Soo Heong.
Wed Nov 13 2024