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.
KUALA LUMPUR, July 4 The current hikes in electricity tariff rate in several Asia countries have prompted the Malaysian government to put in place measures to shield consumers.
Juwai IQI Global chief economist Shan Saeed (File photo) MANILA - An economist of Juwai IQI Global has seen the country's 8.3-percent gross domestic product (GDP) growth in the first quarter of the year as a good launch pad for the next administration to pursue its economic agenda. The chief economist of the Kuala Lumpur-based Juwai IQI Global, Shan Saeed, told the Philippine News Agency (PNA) that the strong GDP growth from January to March this year would keep market confidence afloat despite a transition in administration. "This would bolster the confidence of the government to expand the fiscal side of the balance sheet to maintain economic momentum in the country. Government strategic intent would be for the next 12 to 17 months to have macroeconomic stability to attract FDI (foreign direct investments) and buttress the GDP outlook," he said. Saeed added that the presumptive president is expected to continue the economic reforms of the Duterte administration. "W