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Malaysia records stronger GDP of 4.9% in Q2

The Malaysian economy grew by 4.9 per cent in the second quarter of 2019 from 4.5 per cent in the first, supported by higher household spending and private investment.


Weaponizing the yuan: a double-edged sword for Beijing

China's move to devalue its currency could prove to be a double-edged sword in its escalating trade war with the United States, offsetting tariffs but potentially hurting Beijing's efforts to shore up its weakening economy, analysts say.


The red line of household debt

The authorities must closely monitor the situation of fast rising household debt, especially in the housing sector.


China's Q2 GDP growth slows to 6.2%

China's growth slowed to its weakest pace in almost three decades in the second quarter, with the US-China trade war and weakening global demand weighing on the world's number-two economy, official data showed Monday.


Putting economy first, not politics

Malaysians have backed the PH's reform agenda because they want to see more substantial reforms and improved economic climate, which unfortunately remain illusory today.


China inflation hits highest level in 15 months

Inflation in China rose to its highest level in more than a year in May driven by surges in pork and fruit prices caused by the African swine fever epidemic and bad weather, official data showed Wednesday.


Self sufficiency to firm up national economy

We should cut our reliance on the import of products we have the resources and capability to produce ourselves.


Feb CPI down 0.4%

he Statistics Department said Malaysia's Consumer Price Index (CPI) fell 0.4% in February 2019 from a year ago, with significant decline in transport index.


Sharing economy goes mainstream as IPOs loom

The "sharing economy" is becoming mainstream with the anticipated stock listings from services such as Uber, Lyft and Airbnb, signs that the trend is gaining momentum and impacting multiple sectors.


GDP grew 4.7% last year: BNM

Malaysia posted a gross domestic product (GDP) growth of 4.7 per cent in the fourth quarter (Q4) of last year, leading to an overall economic growth of 4.7 per cent in 2018, says Bank Negara Malaysia (BNM).


 

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