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...

Malaysia urged to stay alert on new trade policies

KUALA LUMPUR: Malaysia should remain vigilant as new trade policies from major global economies could impact the nation, says Datuk Ng Yih Pyng. On behalf of the business community, the president of the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) expressed hope that the government will adopt pragmatic policies to support businesses, especially...