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Strong investments, exports drive Malaysia's third quarter GDP growth to 5.3 per cent

Strong investments, exports drive Malaysia's third quarter GDP growth to 5.3 per cent

BNM says exports continue to strengthen on the back of recovering external demand and positive spillovers from the global tech upcycle.
Fri Nov 15 2024
IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

The IMF releases new economic forecasts showing that global GDP growth will decline slightly by 20.9 to 3.1 pct from 3.2 pct this year.
Fri Oct 25 2024
World Bank upgrades Malaysia’s GDP growth forecast to 4.9 pct in 2024

World Bank upgrades Malaysia’s GDP growth forecast to 4.9 pct in 2024

Apurva Sanghi says both domestic and external factors back the upgraded growth forecast as the global economy is doing much better.
Tue Oct 08 2024
Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.
Wed Jul 31 2024
Gov't striving to reduce fiscal deficit rate to 4.3 per cent this year - Fahmi

Gov't striving to reduce fiscal deficit rate to 4.3 per cent this year - Fahmi

Fahmi Fadzil said Malaysia recorded a three per cent GDP growth in the fourth quarter of 2023, despite facing challenges.
Mon Feb 19 2024
Strategic DDI can attract more FDI, drive economic growth - PM

Strategic DDI can attract more FDI, drive economic growth - PM

Having a more strategic domestic industry ecosystem is crucial for generating more sustainable GDP growth, said Datuk Seri Anwar Ibrahim.
Tue Aug 22 2023
Malaysia on track for 4-5 per cent GDP growth this year, BNM not revising target

Malaysia on track for 4-5 per cent GDP growth this year, BNM not revising target

Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus said the growth would be anchored by firm domestic demand amid a challenging global environment.
Fri May 12 2023
Strong 8.7 pct GDP growth for 2022 shows restored confidence in national economy

Strong 8.7 pct GDP growth for 2022 shows restored confidence in national economy

The strong GDP growth of 8.7 ct for 2022 shows the recovery of consumer, business and investor confidence in the national economy, said Prime Minister Datuk Seri Anwar Ibrahim.
Fri Feb 10 2023
Malaysia records 8.7 pct GDP growth in 2022, highest in over two decades

Malaysia records 8.7 pct GDP growth in 2022, highest in over two decades

Malaysia's economic growth rose to a 22-year record high of 8.7 pct in 2022 against 3.1 per cent in the previous year, contributed by positive growth in all sectors.
Fri Feb 10 2023
Malaysia's 2022 GDP set to post highest growth in ASEAN - Research firms

Malaysia's 2022 GDP set to post highest growth in ASEAN - Research firms

Additionally, the GDP growth for the fourth quarter of 2022 (4Q 2022) is expected to reach 5.7 per cent.
Thu Feb 09 2023
Malaysia's 2022 GDP growth likely to surpass earlier forecast of 6.5-7.0 pct - Anwar

Malaysia's 2022 GDP growth likely to surpass earlier forecast of 6.5-7.0 pct - Anwar

Malaysia's GDP growth for this year is very likely to exceed the earlier projection of between 6.5 and 7.0 pct, according to Prime Minister Datuk Seri Anwar Ibrahim.
Tue Dec 20 2022
[COLUMNIST] Symptoms of recession or possibly stagflation?

[COLUMNIST] Symptoms of recession or possibly stagflation?

It's still way too early to tell whether M'sia remains consistently on a positive economic trajectory for Q3 & Q4 2022 as well as next year.
Tue Sep 06 2022
Stellar 8.9 pct growth in Q2 GDP suggests equally strong Q3 - Tengku Zafrul

Stellar 8.9 pct growth in Q2 GDP suggests equally strong Q3 - Tengku Zafrul

The stellar GDP growth of 8.9 pct in Q2 2022, which brought GDP growth in H1 2022 to 6.9 pct, suggests an equally strong Q3 growth.
Fri Aug 12 2022
Malaysia on track to achieve GDP growth of 5.3 to 6.3 pct,  but Finance Minister warns of risks to recovery

Malaysia on track to achieve GDP growth of 5.3 to 6.3 pct, but Finance Minister warns of risks to recovery

Malaysia is on the road to recovery in terms of headline economic numbers but Tengku Zafrul has warned of risks to the recovery amid an uncertain global economic outlook.
Sat Aug 06 2022
Economy set to strengthen in Q2, Budget 2023 to further boost resiliency - Tengku Zafrul

Economy set to strengthen in Q2, Budget 2023 to further boost resiliency - Tengku Zafrul

The country's economy is expected to continue to strengthen in Q2 of this year following the encouraging GDP growth of five per cent in the first quarter.
Sat Jul 09 2022
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024