IN times of rising inflation, funding the hefty RM77.3bil subsidy bill has become so important that mega projects which carry substantial spin-off effects, may be delayed to make way for the subsidies.
Although Malaysia's labour market has shown persistent improvement, it is still unlikely to fully recover to pre-pandemic levels at this juncture given multiple headwinds on the horizon, said UOB Research. "Worsening supply chain disruptions, elevated cost and consumer price pressures, as well as mounting fears of global recession may soon see more firms hitting the brakes on recruitment,” said UOB senior economist Julia Goh and economist Loke Siew Ting.
The ringgit is expected to fare better in the fourth quarter (Q4) of the year due to improving growth in China as well as in anticipation of a pause in the United States Federal Reserve’s rate hike and strong recovery of the Malaysian economy
KUALA LUMPUR, July 5 The ringgit is expected to fare better in the fourth quarter (Q4) of the year due to improving growth in China as well as in anticipation of a pause in the.
SO far, 2022 has been a bad year for most stock pickers. At a time when the world is still learning to live with Covid-19 and adapt to the new norms, many countries have seen the highest inflation rates in decades as a result of supply shortages and strong consumer demand. Russia’s invasion of Ukraine in February not only created Europe’s largest refugee crisis since World War II, but also caused food shortages around the globe. Ukraine is often described as being the “breadbasket of Europe” as it is among the world’s top agricultural producers and exporters.