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Cover Story: What a weak Ringgit means for Malaysia

MANY in Malaysia watched with sinking hearts last week as the ringgit dropped precipitously against the US dollar to 4.36 the lowest level in the last two years. The ringgit was not the sole decliner, as other major currencies also depreciated against the greenback. Among Southeast Asian countries, however, the local unit was the hardest hit, down 4.74% since the start of the year. ....

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The State of the Nation: Bleaker global economic outlook to impact Malaysia's growth

JUST last week, the International Monetary Fund (IMF) said that it expects global economic growth to slow significantly this year as the effects of the war in Ukraine spread to the rest of the world. The international body revised downward its global growth forecast for the year to 3.6% from a 4.4% forecast made in January. ....

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Inflation risk

Rising prices have raised uncertainties in financial markets ....

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Economists: New taxes possible to enable RM400b budget for 2021-2025 development while keeping deficits low | Malaysia

Economists: New taxes possible to enable RM400b budget for 2021-2025 development while keeping deficits low | Malaysia
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Malaysia's Lockdown Leads Economists to Lower Growth Estimates

(Bloomberg) Malaysia’s new national lockdown to fight a surge in Covid cases could shave as much as two percentage points off economic growth this year, according to analysts’ estimates. ....

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