Economy

South China Sea: Putting Malaysia’s Interests First

In Part 1, we examined why the 2016 South China Sea arbitral award continues to raise legitimate legal questions. In Part 2, we shift the focus to a more fundamental issue: how Malaysia should advance its own interests in the South China Sea. From the historical legacy of the "Malayan Sea" to recent developments at Pulau Layang-Layang, Lawyer Nor Hisham Mohd Nor argues that Malaysia must articulate a distinctly Malaysian narrative rooted in sovereignty, history and national interest.
Analysis

Rosmah Fresh Evidence Bid Set For 1 September Hearing

The Court of Appeal has fixed timelines for Rosmah Mansor’s application to adduce fresh evidence in her solar hybrid project appeal, with the motion tentatively set to be heard on 1 September — the date previously reserved for the start of her substantive appeal.
Court
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Prosperity Tax To Help Ease Financial Burden – Tengku Zafrul

Not the time to increase tax rates as economy still recovering but prosperity tax helps The one-off collection of prosperity tax this year is expected...
Economy

Petronas’ Subsidiaries In Azerbaijan Seized By Sulu Sultanate’s Heirs

Malaysia had stopped paying heirs of Sultan Sulu annual RM5,300 cession money since 2013 after the Lahad Datu armed incursion TWO of Petronas’ subsidiaries in...
Economy

Euro Teeters On Brink Of Parity Amid Recession Risks

The single currency fell as low as US$1.0006 (RM4.42) on Monday, the lowest since December 2002 TOKYO ― The euro hovered close to a 20-year...
Economy

Sri Lankan Bonds Fall As Its President Resigns

Sovereign dollar bonds issued by Sri Lanka slipped between 1.5 cents and 2.3 cents to hit a record low today NEW YORK — A gauge...
Economy

Analysts See OPR Hitting 3pc By 2023

The majority believe the rate hikes would continue for the rest of the year amid rising inflation KUALA LUMPUR — Analysts believed Bank Negara Malaysia...
Economy

IMF Chief Says ‘Cannot Rule Out’ Possible Global Recession

IMF is expected to release its updated forecast for 2022 and 2023 in late July, after slashing its forecast by nearly a full percentage...
Economy

OPR Increased To 2.25%, Global Growth Moderate

A typical setting at the bustling Petaling Street, Kuala Lumpur that sees the arrival of tourists after April 1, 2022. Today Bank Negara announces OPR increased to 2.25%
Economy

Wall Street Stumbles As Consumer Pessimism Stokes Growth Fears

Data released showed the consumer confidence index dropping to the lowest it has been since February 2021 NEW YORK - Wall Street closed sharply lower...
Economy

How Bad Was Our Economy When Najib Was PM6?

Go figure about the economy as the share market doesn't lie. It reached its highest ever level at 1896 points in April 2018 just...
Economy

Just Deal With It, Folks. Inflation Is Here To Stay

Screaming at the government every day is not going to change our lives and changing the guards too has proven to be disastrous Everyone is...
Economy & Finance Economy

Zafrul: 2022 Gov’t Subsidies highest in Malaysian history

Zafrul said to reduce inflationary pressures on the people, the government has provided various consumption subsidies KUALA LUMPUR - The total amount of subsidies is...
Economy

Asian Markets Rise As Recession Talk Tempers Rate Hike Expectations

Global markets have been thrown into turmoil for months by a perfect storm of crises that have left observers predicting a sharp contraction HONG...
Economy