KUALA LUMPUR: Malaysia stands by its forecast for the country's gross domestic product (GDP) at between 4% and 5% in 2023, says Deputy Finance Minister I Datuk Seri Ahmad Maslan. "We respect the World Bank's analysis. But we will keep our forecast at around 4% to 5%, as there has been no change in terms of...
KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) expects approved investments to record stronger growth in the second half of 2023 (2H2023), on track to hit its annual target, after achieving RM132.6bil worth of approved investments in the first half of 2023 (1H2023). "I am pleased with our achievement in 1H2023, securing RM132.6bil, representing 60.3%...
PETALING JAYA: Restaurant owners are looking at raising the price of their rice dishes as the cost of imported rice goes up by 36%, driven by factors including climate change and conflicts. “We will be left with no choice but to pass the extra cost to our customers. We can expect to see the price of...
SHAH ALAM: Selangor Mentri Besar Datuk Amirudin Shari will seek Prime Minister Datuk Seri Anwar Ibrahim's opinion before announcing the portfolios for his exco line-up. Speaking to reporters after a gathering with the state's civil servants on Tuesday (Aug 22), Amirudin said the portfolios would be announced and allocated accordingly the following day. Asked if there would...
KUALA SELANGOR: Selangor, arguably the country’s economic powerhouse that contributed 25.5% of last year’s Gross Domestic Product (GDP), stands to lose out if it does not remain under the unity government’s administration after state elections take place on Aug 12. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamid said Selangor has developed into the state...
China’s home-grown durians are poised to hit the market in a matter of days, but their limited yields and high prices are not expected to challenge the market share of Southeast Asian importers until large-scale commercial cultivation can be realised, according to state media. On the southern tropical island of Hainan, the domestically produced durians have...
