My Sinchew/ Business

Q3 GDP to moderate below 6%: MIER

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 Q3 GDP growth slows to 7.3%

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.


Sept CPI up 2.6%

The Consumer Price Index (CPI) increased 2.6 per cent to 110.7 in September 2014 compared with 107.9 in the same month last year, the Statistics Department said.


Plan to cut budget deficit supports positive outlook: Moody's

Moody's Investors Service said the ongoing budgetary consolidation announced by the Malaysian government in its 2015 Budget support its positive outlook on the sovereign rating.


Asean Malaysia's biggest trade merchandise partner: Statistics Dept

Asean member states accounted for 28.1 per cent of Malaysia's exports last year, says the Statistics Department.


Malaysia, Singapore have expertise to develop wealth management

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.


Market force determines GST's impacts

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.


GST will temporarily soften retail market: MRCA

The retail market is expected to temporarily soften with the implementation of the Goods and Services Tax (GST) on April 1 next year, says the Malaysian Retail Chain Association (MRCA).


MAS to hold D EGM on Nov 6

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.


GST not an excuse not to lower car prices: Ahmad Maslan

The implementation of the goods and services tax (GST) is not an excuse for automotive industry players not to lower car prices, Deputy Finance Minister Datuk Ahmad Maslan said.