Category Archives: Economy

Malaysia vulnerable to Trump’s protectionist policies – Nomura Research

KUALA LUMPUR (Jan 27): Emerging markets are likely to be more vulnerable to U.S. President Donald Trump’s protectionist policies than what most people think, particularly Malaysia, says Nomura’s Global Markets Research. In a report released on the eve of Chinese … Continue reading

Posted in Economy, Foreign News

Ringgit hits 10-month low at RM4.385 to USD

SINGAPORE: The Malaysian ringgit hit a 10-month low today with increasing fears of capital controls, while most other emerging Asian currencies eased ahead of United States Federal Reserve Chair Janet Yellen’s testimony later in the day. China’s yuan bucked the … Continue reading

Posted in Economy

Ringgit may drop to 4.80 to USD, says CIMB analyst

PETALING JAYA: The going could soon get tougher for the Malaysian ringgit, with an analyst from CIMB Investment Bank Bhd saying that the Malaysian currency could hit a low of RM4.80 to the US dollar. This, CIMB Investment analyst Ivy … Continue reading

Posted in Economy

‘Enemy of DAP but intimate with China’

PETALING JAYA: Former newspaper editor A Kadir Jasin has expressed concern that the Malaysian government has developed an over-dependence on China under Prime Minister Najib Razak’s leadership. Kadir, a former chief editor of the New Straits Times, wrote on his … Continue reading

Posted in DAP Updates, Economy

© Dario Pignatelli/Bloomberg Zeti Akhtar Aziz, governor of the Bank Negara Malaysia, sits for a photograph at the Bloomberg Asean Business Summit in Bangkok, Thailand, on Wednesday, Dec. 3, 2014. By Chong Pooi Koon, Bloomberg Embattled Malaysian Prime Minister Najib … Continue reading

Posted in Economy, IMDB, Najib Abdul Razak, Special Interest

Malaysia ringgit sinks to 16-year low on PM graft allegations

Malaysia’s ringgit tumbled to the weakest level since a dollar peg was scrapped in 2005 as the heightened risk that Greece will exit the euro damped demand for emerging-market assets.PHOTO: AFP   SINGAPORE (REUTERS, BLOOMBERG) – Malaysia’s ringgit hit a … Continue reading

Posted in Economy, Najib Abdul Razak

Reply to Idris Jala’s open letter

By Richard Teo I am not an economic analyst nor a Minister in the PM’s Department. But I wish to rebut most of Idris Jala’s commentary and reply to Bloomberg’s view that Malaysia has “underlying economic distress and ‘ prolonged … Continue reading

Posted in Economy, Special Interest

Two brothers contradict each other at investment forum

By FMT Reporters KUALA LUMPUR: Two brothers appeared to contradict each other at the Invest Malaysia 2015 forum held here yesterday. While Prime Minister Najib Razak sought to draw attention to the positive performance of Malaysia’s economy during his tenure, … Continue reading

Posted in Economy, Najib Abdul Razak

Robert Kuok still the richest man in Malaysia

Robert Kuok, the Hong Kong-based Malaysian tycoon is still the richest man in Malaysia, with a wealth of RM54.48 billion from last year s RM46.1 billion, followed by businessman T. Ananda Krishnan and Public Bank’s Teh Hong Piow. Ananda, has … Continue reading

Posted in Corporate world, Economy

Blessed with oil money, but why is Malaysia in huge debt?

Ng Kee Seng Executive Editor OUTSPOKEN: Can any oil producing country in the world make all her citizens millionaires via prudent management and savings? Norway achieved that on Jan 8, 44 years after striking oil in the North Sea in … Continue reading

Posted in Barisan Nasional, Economy, Najib Abdul Razak