Be ready to tighten your belts, economist warns

MALAYSIANS still struggle to live normal lives even though the country registered a relatively strong economic performance last year, economist Muhammed Abdul Khalid said.   “Even though the economy (growth) rose last year, it does not mean that people’s lives are good.  

Groups call for more funds to ensure food sovereignty

PUTRAJAYA must allocate sufficient funds for the agriculture and food sectors in Budget 2023 to guarantee food sovereignty for the people, agriculture-based groups said. They also said allocations must also be increased for research and development (R&D) in both sectors.

Don’t let Budget 2023 benefit the rich, economist says

THE re-tabling of Budget 2023 later today must not repeat the previous administration’s mistake to benefit the rich, economist Dr Muhammed Abdul Khalid said. He labelled last year’s budget – originally tabled by the Ismail Sabri Yaakob administration – as “irresponsible”, and said it benefited the affluent. 

Argentina registers second year of GDP growth

INFLATION-BATTERED Argentina registered economic growth of 5.2% last year, slower than in 2021, but the first time in more than a decade the country has had two consecutive years of expansion, official data showed yesterday. After a GDP growth of 10.3% in 2021, last year’s 5.2% suggested a rebound in Latin America’s third-largest economy, turning […]

Man Utd beat Barcelona in Europa League clash of giants

MANCHESTER United got the better of Barcelona to progress to the last 16 of the Europa League as Antony’s winner secured a 2-1 win on the night and 4-3 aggregate victory yesterday. Robert Lewandowski’s early penalty had given Barca the perfect start at Old Trafford.

No new land clearing for palm oil

KUALA LUMPUR: There will be no new land clearing or deforestation for oil palm plantations, says Deputy Prime Minister Datuk Seri Fadillah Yusof. Read full story

Zafrul: Tax structure for automotive industry to remain

THERE are currently no plans to review the tax structure for the automotive industry, especially the excise duty, says International Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Read full story