My Sinchew/ Business

Asean, EU explore possibilities of resuming FTA talks

Asean and the European Union (EU) are set to explore the possibilities of resuming negotiations on the Asean-EU free trade agreement (FTA) after the Asean Economic Community (AEC) implementation.

Fed govt debt still at manageable level

There is no doubt that the federal government's debt position remains manageable but some quarters are using Malaysia's overall debt figures which are much higher to create a misperception that the situation is out of control.

Europe pushes Greece in bogged down debt talk

European ministers heaped pressure on Greece Friday to speed up negotiations to unblock critically needed bailout funds and avert a dangerous default, showing frustration after months of bogged down talks.

Asean set to be world's 4th largest economy by 2050: Najib

Asean is set to be the world's fourth largest economy by 2050 based on the current trends of economic growth, said Prime Minister Datuk Seri Najib Tun Abdul.

Ringgit to be in positive territory against greenback next week

The ringgit is forecast to be in positive territory against the US dollar next week, prompted by positive market sentiment amid the Eurozone predicament.

Positive sentiment to further lift Bursa next week

Positive sentiment in the Malaysian stock market is likely to further drive the key index higher next week, reaching towards the 1,900-point level.

Zeti questions Fitch's outlook on Malaysia

Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz has questioned the basis of Fitch Ratings' possible downgrade on Malaysia given the country's strong fundamentals.

Malaysian franchises operating in 55 countries

Sixty local franchise firms have expanded overseas, opening 2,380 outlets in 55 countries, through the 'Franchise Malaysia Goes Global' programme, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hasan Malek.

Current interest rate accommodative for banking sector: Nazri

Malaysia's current interest rate at 3.25 per cent, which was raised by Bank Negara Malaysia in July 2014, is accommodative for □the Malaysian banking sector.

Malaysia on track to achieve growth target: Najib

Malaysia is on track to achieve its projected growth for this year as well as its other goal to attain high-income nation status by 2020, thanks to the stability of its institutions and diversification of its economic structure.