Putrajaya is to spend RM270 billion in the final three years under the 12th Malaysia Plan (12MP), as the government aligns the five-plan with the Madani Economy vision targeted to empower and stimulate the economy.
Foreign selling of Malaysian equities persisted for a third week at a slower pace of RM27.7 million last week (Sept 4 to 8), compared with RM113.5 million the prior week.
China's passenger vehicle sales returned to growth in August year-on-year, as deeper discounts and tax breaks for environmentally friendly and electric vehicles boosted consumer sentiment even as economic growth remains weak.
The United Nations food agency's world price index fell in August to a new two-year low, reversing a rebound seen the previous month, as a decline in most food commodities offset increases for rice and sugar.
It is vital to increase quota resources for the International Monetary Fund (IMF) before year-end, its chief, Kristalina Georgieva, said on Sunday, while urging members of the G20 bloc to deliver on a promise of $100 billion a year in climate funds.
China’s economy is showing clear signs of a slowdown that will have an inevitable spillover to the region, according to Taiwan’s top emissary to the US.