Tuesday, April 12, 2016

MTUC sends memo to PM after two letters go unanswered

The Malaysian Trades Union Congress (MTUC) has submitted a memorandum to the Prime Minister’s Office after failing to secure an appointment with Prime Minister Najib Abdul Razak to discuss thye rising woes of workers.

Malaysia’s GDP will likely slow further in 2016 — Moody’s

Moody’s Investors Service says that a poll that Moody’s conducted in Kuala Lumpur in the latter part of March 2016 shows that more than half of the respondents surveyed believe that Malaysia’s real GDP growth will slow to about four per cent for 2016.
“The results are in line with our view that Malaysia’s headline real GDP growth rate will slow to 4.4 per cent in 2016, although there are downside risks to this view,” said Rahul Ghosh, a Moody’s vice president and senior research analyst.