Blog Feed: Malaysian Economy Updates

MAS and AirAsia in Business Partnership

Published on 2011-08-11 01:20:45

Azman Mokhtar and Fernandes at the collaboration signing The collaboration agreement would not be committed upon once an anti-trust analysis had been completed The Collaboration It has been rumoured that Malaysian Airline System (MAS) and budget carrier AirAsia Bhd will form a working relationship. This is finally taking place with shareholding changes in both airlines. On August 10, 2011 both airlines inked a landmark deal that is set up to reshape the aviation industry. By cooperating [..]

Natural Rubber Price Hike

Published on 2011-08-08 03:30:37

...because of slow supply growth and stronger regional currencies boost rubber price The Association of Natural Rubber Producing Countries (ANRPC) has estimated total world natural rubber (NR) production this year to be at 9.95 million tonnes, up by 4.9% from 9.49 million tonnes last year. In spite of the higher forecast, the association expected NR supply was seen moving up slowly over the past quarters, thus triggering continued recovery in rubber prices. Members of ANRPC Thailand, Indon [..]

Malaysia’s Population Stood at 28.3 Million

Published on 2011-07-29 20:47:57

 Map of Malaysia  Slightly more men than women in Malaysian population Malaysia now has a population of 28.3 million at the end of 2010 compared with 23.3 million in 2010 according to the Malaysian Population and Housing Census 2010. The average annual population growth rate was 2% from 2000 to 2010, declining from 2.6% from 1991 to 2000.Of 28.3 million people in the country, Malaysian citizens accounted for 91.8 percent and non-citizens 8.2 percent. Male’s population is more than fem [..]

Gold is Still the Best Investment

Published on 2011-07-19 03:44:29

No one will deny that gold is still the best and safest investment. Off all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a hedge against economic, political, or currency crises (including investment market declines, burden of national debt, currency failure, inflation and war). The gold market is subject to speculation especially in the futures contracts and derivatives. The history of the gold standard, the role of gold reserves in central ban [..]

Sime Darby to Fight Corruption

Published on 2011-06-09 22:37:25

As a principle of corporate Governance, it should start at the top and may or may not end at the top. The tone at the top helps to shape up strong corporate governance. As reported in today newspaper, Sime Darby Berhad signed and handed its Corporat

Sime Darby to Fight Corruption

Published on 2011-06-09 22:37:25

As a principle of corporate Governance, it should start at the top and may or may not end at the top. The tone at the top helps to shape up strong corporate governance. As reported in today newspaper, Sime Darby Berhad signed and handed its Corporat

Demand for Condominiums in Kuala Lumpur

Published on 2011-06-03 04:06:11

The market for high-end condominiums and serviced residences in Kuala Lumpur is still very strong, according to CB Richard Ellis (Malaysia) executive chairman Christopher Boyd. Boyd said high-end condominiums and serviced residences launched in the

Demand for Condominiums in Kuala Lumpur

Published on 2011-06-03 04:06:11

The market for high-end condominiums and serviced residences in Kuala Lumpur is still very strong, according to CB Richard Ellis (Malaysia) executive chairman Christopher Boyd. Boyd said high-end condominiums and serviced residences launched in the

Macro Economic Justification for New Power Tariffs

Published on 2011-06-01 03:05:03

On 30th May 2011, the Government announced that consumers will pay 2.23 sen per kilowatt hour (kWh) more for electricity, or 33.54 sen per kWh effective June 1, 2011. This follows the revision of gas prices for the power sector from RM10.70 per Milli

Macro Economic Justification for New Power Tariffs

Published on 2011-06-01 03:05:03

On 30th May 2011, the Government announced that consumers will pay 2.23 sen per kilowatt hour (kWh) more for electricity, or 33.54 sen per kWh effective June 1, 2011. This follows the revision of gas prices for the power sector from RM10.70 per Milli

CIMB and Maybank Bid for RHB Capital

Published on 2011-05-31 23:11:17

The 2 largest bank--CIMB Group Holding and Maybank will fight each other to take control on RHB Capital which could cost over RM20 billion. A merger of either bank with RHBCap would create one of the largest banking group in South-east Asia. Ban

CIMB and Maybank Bid for RHB Capital

Published on 2011-05-31 23:11:17

The 2 largest bank--CIMB Group Holding and Maybank will fight each other to take control on RHB Capital which could cost over RM20 billion. A merger of either bank with RHBCap would create one of the largest banking group in South-east Asia. Ban

Malaysia's Economy Attains 7th Position

Published on 2011-05-30 22:36:41

Malaysia's Economic Performance ranking improved to 7th place out of 59 economies this year compared with 12th position in 2007. It was acknowledged in the World Competitiveness Yearbook 2011 Report released by the Institute for Management Developmen

Malaysia's Economy Attains 7th Position

Published on 2011-05-30 22:36:41

Malaysia's Economic Performance ranking improved to 7th place out of 59 economies this year compared with 12th position in 2007. It was acknowledged in the World Competitiveness Yearbook 2011 Report released by the Institute for Management Developmen

CEO Air Asia: Malaysia Will Lose Out

Published on 2011-05-30 19:17:53

It is interesting to read about Air Asia requests to the Transport Ministry for new routes. AirAsia's CEO hopes that the Transport Ministry will be more accommodative on its request for new routes rights, following Singapore Airlines' announcement th

CEO Air Asia: Malaysia Will Lose Out

Published on 2011-05-30 19:17:53

It is interesting to read about Air Asia requests to the Transport Ministry for new routes. AirAsia's CEO hopes that the Transport Ministry will be more accommodative on its request for new routes rights, following Singapore Airlines' announcement th

Durian for China and Chinese

Published on 2011-05-24 22:57:39

I will visit China soon, then they will try tempoyak...hehe For Malaysians, we are already know that Chinese like durians most compared with other races in this country. It is a good news for durian planters in Malaysia - starting July this ye

Durian for China and Chinese

Published on 2011-05-24 22:57:39

I will visit China soon, then they will try tempoyak...hehe For Malaysians, we are already know that Chinese like durians most compared with other races in this country. It is a good news for durian planters in Malaysia - starting July this ye

Jump in Mobile Internet Use

Published on 2011-05-19 04:46:36

Jump in Mobile Internet Use The number of Malaysians accessing the Internet from their mobile phones last month (April 2011) jumped 42% from March 2011, according to research firm Effective Measure. The study also found that over 27% of Malaysian I

Malaysian Economy Grew by 4.6% in First Quarter 2011

Published on 2011-05-19 00:38:02

1. Overall Economic Performance The Malaysian economy grew by 4.6% in 1st Quarter 2011 as domestic demand overcame the modest recovery in advanced economies, said Bank Negara governor at the release of the first quarter data. For the 2011, Bank Negar

Malaysian Economy Grew by 4.6% in First Quarter 2011

Published on 2011-05-19 00:38:02

1. Overall Economic Performance The Malaysian economy grew by 4.6% in 1st Quarter 2011 as domestic demand overcame the modest recovery in advanced economies, said Bank Negara governor at the release of the first quarter data. For the 2011, Bank Negar

Malaysian Oil Palm Planters Need ISPO

Published on 2011-05-15 21:10:04

Malaysian oil palm planters in Indonesia will need to be separately certified under Indonesia Sustainable Palm Oil (ISPO), regardless of whether they have been certified by the Roundtable on Sustainable Palm Oil (RSPO). It means RSPO-certified estate

Malaysian Oil Palm Planters Need ISPO

Published on 2011-05-15 21:10:04

Malaysian oil palm planters in Indonesia will need to be separately certified under Indonesia Sustainable Palm Oil (ISPO), regardless of whether they have been certified by the Roundtable on Sustainable Palm Oil (RSPO). It means RSPO-certified estate

Hong Leong Completes Acquisition of EON Capital

Published on 2011-05-06 21:17:03

Hong Leong Bhd (HLB) has completed the acquisition of EON Capital Bhd (EONCap), creating the 4th largest banking group in Malaysia with total assets of RM140 billion and total staff of 12,000. HLB had made the full payment of RM5.06 billion or RM7.3

Malaysia's Internet-Based Economy

Published on 2011-05-06 01:59:03

It is interesting to read a small column in theSun today: "Hong Kong internet economy worth US$12 billion a year." The term "internet-based economy" even though is not new in the world economy today, but it was not widely used in the "Malay

Malaysian Pepper Prices are Soaring

Published on 2011-05-04 00:10:12

After palm oil, rubber and other commodities prices rally, pepper prices are soaring, boosted by the tight global supply as farmers hold back their stocks in anticipation of higher prices. The average price of domestic white pepper surged to RM21,530

Ekuinas to Invest Up to RM600 million in 2011

Published on 2011-05-01 22:57:17

Ekuiti National Bhd (Ekuinas), a venture capital company, will invest up to RM600 million in up to 5 companies in any of its 6 priority sectors this year to boost Bumiputera participation in the local economic sector, mainly in equity ownership,

Top Malaysian Economist Zainal Aznam Dies

Published on 2011-05-01 00:45:47

Dr. Zainal Aznam It is sad to know that Datuk Dr Zainal Aznam Mohd Yusof died yesterday (April 30, 2011) after suffering a heart attack. He was 66. It was a great lost to the nation. Dr Zainal Aznam was the remarkable and a well known Malaysian

Bank Negara Representative in Beijing

Published on 2011-04-29 03:58:53

Wen Jiabao and Najib Malaysia-China bilateral relations were raised to a higher level with the inking of several agreements and memorandums of understanding in Kuala Lumpur. A milestone was the agreement on the setting up of a Bank Negara repre

Bernas Gets Agreement Extention for 10 Years

Published on 2011-04-28 01:32:23

BERNAS Chairman A monopolist rice importer, Padiberas Nasional (BERNAS) has on 22/4/2011 received a letter from Prime Minister's Department on the extension of the BERNAS Agreement, which gives BERNAS monopoly over the country's rice imports, for a p

ASNB To Continue Driving Trust Fund Industry

Published on 2011-04-25 20:33:05

Unit Trust Life Cycle Amanah Saham Nasional Bhd (ASNB) expects to continue being a catalyst in the unit trust fund industry, educating the public on financial planning and investment. In the last 10 years, the unit trust industry in Malaysia has expa

Malaysians Spent RM1.8 Billion Shopping Online in 2010

Published on 2011-04-24 20:08:12

According to a Nielsen company survey, Malaysians spent RM1.8 billion shopping via the Internet in 2010, and this figure is expected to almost triple in 3 years. The study, commissioned by Internet payment service provider PayPal, also found that Mal

Congratulation: Zeti Reappointed Bank Negara Governor

Published on 2011-04-21 01:55:06

 Zeti Akhtar Aziz Congratulation to Tan Sri Zeti Akhtar Aziz who has been reappointed as Bank Negara Governor for another five years. The appointment was effective from May 1, 2011. Prime Minister, Dato' Sri Najib said the appointment is to ens

Prime Minister Speech: 3rd Progress Update Of The Economic Transformation Programme (ETP)

Published on 2011-04-19 23:43:25

Tittle: 3rd Progress Update of The Economic Transformation Programme (ETP) By: Dato' Sri Mohd Najib Bin Tun Haji Abdul Razak Venue: Dewan Taklimat, Tingkat 1, Blok Timur, Jabatan Perdana Menteri Date: 11 Januari 2011 Sejak pe

Prime Minister Speech: 5th Progress Update Of The Economic Transformation Programme (ETP)

Published on 2011-04-19 23:15:43

Tittle: 5th Progress Update of The Economic Transformation Programme (ETP) By: Dato' Sri Mohd Najib Bin Tun Haji Abdul Razak Venue: Putrajaya International Convention Centre (PICC) Date: 19 April 2011 Bismillahirrahmanirrah

Mobile Internet Growth Doubles in 2010

Published on 2011-04-18 23:41:08

Internet usage in Malaysia increased to 41% in 2010 from 25% in 2009, according to the findings in the Nielsen Mobile Insight Malaysia 2010 survey conducted by The Nielsen Co (M) Sdn Bhd. The highest Internet usage was among the youth aged between 20

Invest Malaysia 2011

Published on 2011-04-14 04:51:25

BY: DATO' SRI MOHD NAJIB TUN ABDUL TAZAK, PERDANA MENTERI MALAYSIA VENUE: SHANGRI-LA HOTEL, KUALA LUMPUR DATE: 12/4/2011 TITTLE: INVEST MALAYSIA 2011 1. I am delighted to be here with you today a

Capital Market Masterplan 2

Published on 2011-04-13 23:12:18

Speech byYBhg Tan Sri Zarinah Anwar Chairman, Securities Commission Malaysiaat theLaunch of Capital Market Masterplan 2 12 April 2011 Shangri-La Hotel, Kuala Lumpur Ladies and Gentlemen, The launch of CMP2 is a significant milestone in the develop

RSPO Suspended IOI Group Certification

Published on 2011-04-08 00:03:12

It was a bad news for the IOI Corp Group and Malaysia in general where IOI's current applications to certify its plantations as environmentally and socially responsible have been suspended by RSPO (Roundtable on Sustainable Palm Oil). The company wa

Liberalisation of the Malaysia Financial Sector

Published on 2011-04-05 22:51:45

By: Dato' Sri Mohd Najib bin Tun Hj Abdul Razak Venue: Prime Minister's Office Date: 27/4/2009 Tittle: Liberalisation of The Financial Sector PRESS STATEMENT LIBERALISATION OF THE FINANCIAL SECTOR Further to the announcement I made last week on th

Financial Liberalisation: The Market Will Determine the Number of Banks

Published on 2011-04-05 22:15:01

Financial Liberalisation: The Market Will Determine the Number of Banks Tan Sri Zeti, Bank Negara Governor said Bank Negara Malaysia (BNM) will let the market forces determine the number of local banks in this country which currently are well-capital

Halal Sector to Contribute 5.8% of Malaysia GDP

Published on 2011-04-05 04:35:28

The contribution of halal industry to the Malaysia's GDP is expected to grow to 5.8% by 2020 from less than 2% currently, according to Halal Industry Development Corp (HDC). Datuk Seri Jamil Bidin, CEO of HDC, said the growth will be driven by deepe

China is the Largest Trading Partner of Malaysia

Published on 2011-04-04 19:46:41

It is interesting to note that China was the largest trading partner of Malaysia accounted for 12.6% of total trade in 2010. Trade between both countries increased more than six-fold over the past 10 years reaching US$45.66 billion (RM138.35 bi

Goldman Sachs Raises Malaysia's GDP Forecast to 5.5%

Published on 2011-03-31 23:19:23

In today's newspaper (StarBiz, April 1, 2011), Goldman Sachs raised Malaysia's 2011 gross domestic product (GDP) growth forecast to 5.5% from 5.2% previously, driven by robust domestic demand. Other revised forecast for Malaysian economy by Goldmans

Progress of the Government Transformation Programme (GTP)

Published on 2011-03-31 03:40:50

Dato' Seri Najib Tun Razak Prime Minister, Malaysia PERSPECTIVES FROM THE TOP On behalf of the Government of Malaysia, it is my pleasure and privilege to share the performance and progress of the Government Transformation Programme (GTP) with you.

Oil Palm and Palm Oil News

Published on 2011-03-30 03:08:37

CPO Seen Lower by Mid-Year Palm oil industry experts have forecast that the average price of crude palm oil (CPO) futures will be in the range of RM2,500 to RM3,100 per tonne by middle of this year (2011), lower than the current price of over RM3,600

What is Difference Between GNI and GDP?

Published on 2011-03-29 23:29:22

The term Gross National Income (GNI) is widely used againts the Gross Domestic Product (GDP) when the government implements Economic Transformation Programme (ETP) since 2010. So, what is the differences between the two terms? Rea

Which National Key Result Area (NKRA) Has Affected You the Most?

Published on 2011-03-28 21:37:27

Malaysians are invited to vote on a new poll on Prime Minister Datuk Seri Majib Tun Razak's blog. Posted on http://www.1malaysia.com.my/, the poll wants to know which NKRA has affected you the most? The poll has attracted 188 voters as at 9.

Universiti Malaya (UM) Ranked Among the Best

Published on 2011-03-28 19:47:41

"UM ranked among the best" - article published in New Sunday Times on March 27, 2011. Since I was graduated from Universiti Malaya (in Economics), I feel proud with the university's achievement. According to the article, Universiti Malaya was ranked

Government Transformation Programme (GTP): What You Should Know

Published on 2011-03-27 20:54:27

1. Introduction Malaysia has often taken the road less travelled and pragmatically charted its own course. Now, the nation is embarking on the same route once again with bold transformation programmes that no other government in the world has attempt

Palm Oil National Key Economic Area (NKEA)

Published on 2011-03-27 19:36:09

MEDIA RELEASE MINISTRY OF PLANTATION INDUSTRIES AND COMMODITIES RM297 MILLION TO ASSIST SMALLHOLDERS UNDER PALM OIL NATIONAL KEY ECONOMIC AREA (NKEA) RANAU, SABAH, MONDAY, 31 JANUARY 2011 YB Minister of Plantation Industries and Commo

Malaysia: Key Economic Indicator 2009-2011

Published on 2011-03-25 04:50:08

2009 2010 (P) 2011 (F) Population (mil) 27.9 28.3 28.6 Labour force (mil) 12.1 12.2 12.5 Unemployment (% of labour force) 3.7 3.2 3.2 Per capita in

Bank Negara Annual Report 2010: Malaysian Economy to Grow 5%-6%

Published on 2011-03-24 04:05:00

Governor of Bank Negara Overview of GDP 2011The Malaysian economy is projected to grow by 5% and 6% this year (2011) (2010: 7.2%) as domestic demand is expected to smoothen the volatility of the external sector. Dr Zeti Aziz, Governor BNM said when p

Datuk Trio With Sex Video Scandal: A Good News for the Malays?

Published on 2011-03-23 21:28:55

 Datuk Trio  "Datuk T" or "Datuk Trio" who are Tan Sri Abdul Rahim Thamby Chik (former Chief Minister of Malacca), Datuk Shazryl Eskay Abdullah (businessman) and Datuk Shuib Lazim (PERKASA treasurer)

Corporate Governance: Zubir Murshid Wants Sime Darby Directors in Lawsuit

Published on 2011-03-22 02:20:37

It is an interesting development in the area of good corporate governance in Malaysia. Former Sime Darby Bhd chief executive officer, Datuk Seri Ahmad Zubir Murshid, wants to have 22 other directors in the group brought into a legal suit. He said i

Economic Transformation Programme (ETP): What You Should Know

Published on 2011-03-22 00:34:13

1. Introduction Although the Economic Transformation Programme (ETP) was announced in October 2010, many would like to know about it, why it is so crucial to Malaysia, and how it will benefit Malaysia, as well as Malaysians. Since its launch, the ET

Economic Transformation Programme (ETP) Announced on March 8, 2011

Published on 2011-03-21 04:09:04

On the March 8, 2011 Prime Minister announced another 9 Entry Point Projects (EPP) and this brought 23 EPPs were announced until today (March 8, 2011). This is the fourth update on ETP. Of the 9 EPPs, 3 are under the Oil, Gas and Energy National Key

Najib: Anwar Should Provide DNA Sample

Published on 2011-03-20 02:51:37

"Najib: Anwar should provide DNA sample"- a good remark from Datuk Seri Najib as appeared in the NST today. Datuk Najib said Everybody wanted to know who 'male Y' is, and if he refused, how can the party be the one that fights for justice. "Why is

Economic Transformation Programme (ETP) Milestone

Published on 2011-03-19 12:26:21

ETP Milestone is a snapshop or a helicopter view about the journey of Economic Transformation Programme (ETP) would guide you from time to time. 25/10/2010: The road map for ETP was launched by the Prime Minister. He announced 9 Entry Point Pro

Malaysia Capital Market Crossed RM2 Trillion in 2010 Says Securities Commission

Published on 2011-03-17 23:17:59

Malaysia's capital market crossed RM2 trillion mark for the first time as at end of 2010 said Tan Sri Zarinah Anwar, Sucurities Commission (SC) chairman in releasing SC's Annual Report 2010 on the March 17, 2011. The capital market had achieved an a

BNM Will Raise SRR to 2% and Maintained OPR at 2.75%

Published on 2011-03-14 02:57:54

Tan Sri Dr Zeti Akhtar Aziz Bank Negara Governor Bank Negara will raise the Statutory Reserve Requirement (SRR) to 2% from 1% effective April 1, 2011 and maintained Overnight Policy Rate (OPR) at 2.75%. SRR is the amount that banks keep with the BNM

Ryan Chong-Daphne Iking-Darren Choy: The Man With Principle

Published on 2011-03-10 03:53:56

I read news today: "Chong: I did the right thing" which appeared in The Star, 10 March 2011. This is not an economics subject, but it is about human relationship that we must hold "principle", then people will respect you. We need "people with princi

Oversupply of Office Space in 2011

Published on 2011-03-07 00:19:03

There is an oversupply of office space in 2011 and in the next few years. It would create pressure on rental rates for this property sub-sector. Henry Butcher Malaysia Sdn Bhd said there would be a slight weakening in rates in the next 3 to 6

Stop Blaming Auditors: MIA

Published on 2011-03-04 00:52:00

"Stop blaming auditors: MIA"- an interesting topic which appeared in today newspaper (NST: "Stop blaming auditors: MIA"). I would like to republish much has been written in the article because it is a crucial subject in the areas of "cor

Zamani is the Chairman of Bank Islam

Published on 2011-03-02 02:05:45

Effective March 1, 2011, Datuk Zamani Abdul Ghani, former BNM deputy governor is the new chairman of Bank Islam Berhad. Congratulation to him and Bank Islam. I do believe with his leadership, Bank Islam will become a respectable financial institution

24.6 Million Tourist Arrivals to Malaysia in 2010

Published on 2011-02-24 00:42:35

Tourist arrivals to Malaysia reached a new high of 24.6 million in 2010 or 3.9% more (2009: 23.64 arrivals). It is the highest ever for the sixth straight year. In 2010, the government targeted 24 million arrivals and RM54 billion in tourism revenue

Consumer Price Index (CPI) Up 2.4% in January 2011

Published on 2011-02-23 22:30:00

One of the "most popular" economic indicators is the consumer price index (CPI). CPI which is the proxy of inflation, would determine the future direction of future interest rates and its direct impact on the stock prices and bond prices. (note:

PLUS Expressways: Who are the Behind Jelas Ulung Sdn Bhd?

Published on 2011-02-23 21:24:22

UPDATES (24/2/2011: StarBiz:"PLUS takeover gets nod") PLUS Expressways Bhd received approval from its shareholders on a RM23bil takeover bid by major shareholders UEM Group and the EPF despite a commotion followed by a walkout of minority shareholder

Shiny Outlook for Gold

Published on 2011-02-22 20:52:33

When I was an economics student, I learnt that gold price is one of the best economic indicators. It uses to predict the future of the economy. People liquid their assets, turn into cash and buying gold when they feel uncertainty in holding othe

Zeti Confident of 5%-6% Malaysian Economic Growth in 2011

Published on 2011-02-22 01:33:31

Bank Negara Governor, Tan Sri Zeti is confident that the country would meet this year's gross domestic product (GDP) growth target of between 5% and 6%. The economy grew 7.2% in 2010 and -1.7% in 2009. Many local economists believe the gr

Malaysian Economy Registered a Growth of 7.2% in 2010

Published on 2011-02-21 02:44:56

On 18/2/2011, Bank Negara released the details of 4th quarter (4Q) of 2010 economic performance. Overview For 2010, the Malaysian economy registered a strong growth of 7.2% against -1.7% in 2009 as it emerged from the global economic crisis.

Malaysia's GDP Forecasts for 2010 and 2011

Published on 2011-02-18 10:27:40

Bank Negara or the Malaysian government (Ministry of Finance or Prime Minister Department) are yet to release the official data on the Malaysia economic growth (GDP) for 2010. Nevertheless, in today newspaper (NST: Business Times:18/2/2011) it is in

Should We Export Oil Palm Seeds?

Published on 2011-02-16 00:35:27

Lately a few of local oil palm "specialists" recommended that Malaysia should lift the ruling restricting export of germinated oil palm seeds. They argued that Malaysia has to export the planting material because the country has very limite

World Palm Oil Consumption Increase to 63 Million Tonnes in 2015

Published on 2011-02-10 02:22:56

Hamburg-based ISTA Mielke GmbH expects the current world palm oil consumption from 38 million tonnes to surge to 63 million tonnes in 2015 and increase further to 77 million tonnes in 2020. This would translate into an annual growth rate of 3.1% mi

Malaysia's Top Five Export Destinations in 2010

Published on 2011-02-07 03:13:53

Singapore, China, Japan, the United States and Thailand remained as Malaysia's top 5 export destination in 2010 said Datuk Seri Mustapa Mohamed, International Trade and Industry Minister. Members of the Association of South-East Asian Nations conti

Oil Prices Seen A Danger

Published on 2011-02-02 01:38:54

Updates 2/2/2011 (StarBiz) The recent rally in crude oil prices, partly due to the tension in Egypt, may put pressure on global inflation. Egypt was not a major oil-producing country, but each day about 2 million barrels of oil passed through the

Some World Economic News

Published on 2011-02-02 00:59:32

Since Malaysian is an open economy, we cannot discount what happens in other economies, directly or not would affect us especially to those who are in the stock market. JAPAN The Wall Street Journal, 22, 23 and 28 Dec 2010 The Bank of Japan (BOJ) p

Rules to Protect Investors

Published on 2011-01-30 21:51:46

28/1/2011 (Friday) In a move to increase investor protection, Securities Commission Malaysia (SC) and Bursa Malaysia have tightened the regulations for listed companies looking to sell their assets by raising the threshold for shareholder approval.

4.6% Growth in Rubber Demand for 2011?

Published on 2011-01-28 02:20:34

Updates 28/1/2011 According to the International Rubber Study Group, natural rubber may grow 4.6% this year, boosted by strong vehicle sales, with consumption continuing to outpace supply in coming years. Global consumption might gain to 11.2 millio

BNM Retains OPR at 2.75%

Published on 2011-01-28 00:44:14

Updates: 28/1/2011 BNM Retains OPR at 2.75% On 27/1/2011, BNM decided to maintain the OPR at 2.75% as it considers the existing monetary policy stance as appropriate with the current assessment of economic growth and inflation prospects. OP

MIER Says Malaysia's GDP is 5.2% for 2011

Published on 2011-01-25 19:37:37

MIER's Economic BriefingMalaysian Economic Outlook, 4th Quarter 201024 January 2011 Growth Domestic Product (GDP) Malaysian Institute of Economic Research (MIER) says growth of the Malaysian economy is expected to moderate to 5.2% in 2011 and 6

Bank Negara Foreign Reserves Rise To RM329.9 Billion

Published on 2011-01-24 20:57:28

UPDATES 21/1/2011 Bank Negara Reserves which indicates the nation's international financial position rose RM1.3 billion to RM329.9 billion, or US$106.9 billion as at 14/1/2011. The reserves position would be sufficient to finance 8.8 months of retai

Economic Power: Who is the number One, China or United States?

Published on 2011-01-23 22:02:19

The future of the Malaysian economy is directly or indirectly depends on the major economic powers mainly US economy, China economy and Japan economy. We should focus to these economies to expand our investments, exports and the Gross National Income

Malaysia GDP Grow 5.2% in 2011?

Published on 2011-01-19 00:10:34

MIER National Economic Outlook Conference (30/11/2010)The key Points You Should Know Malaysian EconomyMIER forecasts Malaysia's GDP can grow at 5.2% in 2011 and maintained its projection at 6.8% for this year GDP. (Note: Government's forecast for 5%-

The Ringgit and Interest Rates Will Go Higher?

Published on 2011-01-17 21:43:48

Many local economists have predicted that ringgit and interest rates will go higher soon. Generally, their views are logic and fair. We believe Bank Negara will apply a tight monetary policy "to balance" the economy performance, mainly

The Agriculture National Key Economic Area (NKEA)

Published on 2011-01-16 20:16:02

AGRICULTURE NKEA It was a good article written by Joy Lee appeared in The Edge tittled "Moving from Agriculture to Agribusiness" (The Edge: January 17-January 23, 2011). The Agriculture National Key Economic Area (NKEA) aims to double the agricultur

Economic Transformation Programme (ETP) and Malaysian Economy

Published on 2011-01-11 21:53:24

The government announced another 19 entry projects (EPPs) worth of RM67bil in private sector investments (involving 10 NKEAs) as part of the actions to transform Malaysia into a high-income nation by 2020. The projects, which followed the 18 announce

Stock Index Is the Good Leading Economic Indicator?

Published on 2011-01-08 22:09:26

About 10-15 years ago I remembered there was a research article published in Bank Negara Annual Report concluded that stock index is the best indicator to forecast economic growth or gross domestic product (GDP). It means, when the trend of stock ind

IMF Survey: What are The Challenges for Asia Economies in 2011?

Published on 2011-01-05 21:32:36

This morning I browsed IMF's website and read an interesting topic related to Asia economy for 2011. The topic is "Inflation, Capital Inflows: Asia and the Challenges of Success in 2011."I have summarised it for my own reference:Asean countries, indu