GDP

BNM says exports continue to strengthen on the back of recovering external demand and positive spillovers from the global tech upcycle.

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.

The government has allocated RM421 billion, or 20.2 per cent of the GDP, for Budget 2025.

The World Bank has upgraded Malaysia’s economic growth forecast to 4.9% in 2024, an increase from its initial 4.3% prediction set in April.

#AWANITonight with @_farhanasheikh

1. World Bank upgrades M'sia GDP forecast to 4.9%
2. GISB: Selangor forms task force for victim rehabilitation

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Apurva Sanghi says both domestic and external factors back the upgraded growth forecast as the global economy is doing much better.

According to the State of Scam Report 2024, about 70 per cent of scam victims did not report their cases to the authorities.

Two investment banks have kept their projections for Malaysia's economic growth above 5.0 per cent for 2024.

Dr Mohd Afzanizam Abdul Rashid said ringgit's performance has been quite sanguine amidst the anticipation of a better GDP data for 2Q 2024.

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.

Growth moderated to 1.6 per cent from the double-digit 15.9 per cent in 2022.

The government is committed to reducing its borrowings within a five-year timeframe to ensure a stronger and sustainable fiscal position.

The government is confident that Malaysia can surpass the digital GDP target of 25.5 per cent by 2025 through the expansion of 5G to services beyond telecommunications

The government is targeting headline inflation of 2.0-3.5 per cent and gross domestic product growth of 4.0-5.0 per cent for this year.

Tan Sri Azam Baki said the losses were calculated based on cumulative estimate of the GDP over five-year period from 2018 until last year.

Presidential security official says, the raid widens investigation into the embattled leader's failed attempt to impose martial law.

Cho Ji-ho is accused of deploying police to block lawmakers from entering parliament after Yoon Suk-Yeol declared martial law on Dec. 3.

Mohammed al-Bashir says he would lead the interim authority until March 1.

Former South Korean Defence Minister Kim Yong-hyun, has tried to commit suicide inside a detention centre, a justice ministry official told.

The reduced import costs would lower production costs for smallholders while boosting their profit margins, it said.

The combination of mainstream television (TV) and broadcaster video-on-demand (BVOD) is emerging as a key strategy.

Also among today's highlights are questions about plans to enact Religious Harmony Act to address issues of religious polemics in Malaysia.

Yoon Suk-Yeol is now the subject of criminal investigations on insurrection charges.

Israel's Foreign Minister says indirect negotiations were under way about the return of about 100 hostages.

The 2025 Annual Meeting of the World Economic Forum takes place from 20-24 January in Davos, Switzerland.