16th July, 2010
KUALA LUMPUR: While the general market sentiment remains cautious, Malaysia is one of the better performing markets in the world currently, with higher level of confidence among its investors, according to a survey by insurance house, ING.
July 16, 2010
KUALA LUMPUR: The Malaysian Institute of Economic Research (Mier) has revised upwards its 2010 gross domestic product (GDP) growth forecast to 6.5% from 5.2% previously, given a stronger-than-expected first quarter GDP growth along with the strengthening domestic demand and stabilising conditions.
July 16, 2010
PETALING JAYA: The Govern-ment has begun its first round of a gradual subsidy rationalisation programme, promising it would have minimal impact on families.
2010/07/16
KUALA LUMPUR: The subsidy rationalisation for several items such as sugar and fuel which was announced today was welcomed by several non-govermental organisations (NGOs).
2010/07/16
Malaysia surprisingly hiked fuel and sugar prices from today to reduce expensive subsidies, a controversial move that will save the government more than US$230 million this year alone.
