The Malaysian Institute of Economic Research (MIER) expects Malaysia's Gross Domestic Product (GDP) to moderate below six per cent for the third quarter (Q3) due to the softening business conditions and higher import growth as compared to exports.
China's economic growth slowed to 7.3 per cent year-on-year (y-o-y) for the July-September 2014 period, down from the 7.5 per cent in the second quarter of the year, the National Bureau of Statistics (NBS) said on Tuesday.
Malaysia and Singapore have the infrastructure and expertise to develop a strong competitive value proposition in both conventional and Syariah-compliant wealth management, Labuan International Business and Financial Centre Chief Executive Officer Saiful Bahari Baharom said.
Since the government is going to replace the existing 10% of Sales and Services Tax (SST) with the 6% of Goods and Services Tax (GST), prices of some goods and services available in the market should logically fall instead of rising.
Malaysia Airlines System Bhd (MAS) will hold an extraordinary general meeting (EGM) on Nov 6 for minority shareholders to exercise their voting rights on the company's issued and paid-up capital reduction.