KUALA LUMPUR, Nov 9 (Bernama) -- While Malaysia’s inflation rate has moderated, the easing trend does not necessarily translate into a lower cost of living for households, highlighting the difference between changes in consumer prices and the actual affordability of everyday necessities.
By M. Saraswathi and Karina Imran
KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent reflects its assessment that the rate remains consistent with price stability outlook and sustainable economic growth, said Governor Datuk Seri Abdul Rasheed Ghaffour.
PUTRAJAYA, Nov 5 (Bernama) -- Google’s expanded US$15 billion (US1= RM4.06) investment in Malaysia reflects strong confidence in the country’s ability to realise its ambition of becoming an AI nation by 2030, said Digital Minister Gobind Singh Deo.
KUALA LUMPUR, Nov 5 (Bernama) -- Malaysia's minimum wage policy cannot be viewed in isolation but should be seen as complementing the targeted assistance, subsidy rationalisation and affordable healthcare measures to ensure workers' income gains translate into improved household well-being, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Nov 4 (Bernama) -- Google's planned US$15 billion (US1= RM4.07) investment in Malaysia over the next two years is expected to contribute an average of US$1.1 billion annually to the country's gross domestic product (GDP) during the construction phase, while supporting over 37,000 local jobs annually.
KUALA LUMPUR (Bernama) -- The government will ensure new investments in the manufacturing sector do not rely on foreign workers or manual labour, in line with efforts to transform the industry toward high value-added activities, automation, and digitalisation, the Ministry of Investment, Trade and Industry (MITI) said.
KUALA LUMPUR, Oct 26 (Bernama) –- The government will implement the Net Disposable Income (NDI) approach in 2027 to ensure that the assessment of eligibility for aid takes into account demographic factors and liabilities, in addition to income.
KUALA LUMPUR, Oct 23 (Bernama) -- The RM2,000 minimum wage exemption for micro, small and medium enterprises (MSMEs) with annual sales revenue below RM50 million in Budget 2027, effective June 2027, would help businesses adjust their workforce recruitment and salary structures, said SME Corporation Malaysia.
KUALA LUMPUR, Oct 23 (Bernama) -- The government’s higher RM16 billion allocation for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA), along with the personal income tax measure under Budget 2027, is expected to sustain household consumption and support retail sector earnings, particularly among essential goods and value retailers.
