Oil shock to hit businesses with higher costs and weaker cash flow, says group

PETALING JAYA: Malaysian businesses are bracing for higher costs, tighter cash flow and a weaker outlook over the next six months as global oil shocks ripple through the economy, according to the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM). Its president Datuk Ng Yih Pyng said the ongoing conflict in the Middle East...