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GDP

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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
Budget 2025 allocation at RM421 billion, up 3.3 per cent from last year

Budget 2025 allocation at RM421 billion, up 3.3 per cent from last year

The government has allocated RM421 billion, or 20.2 per cent of the GDP, for Budget 2025.
Fri Oct 18 2024
AWANI Tonight: World Bank upgrades M'sia GDP forecast to 4.9%

AWANI Tonight: World Bank upgrades M'sia GDP forecast to 4.9%

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.
Tue Oct 08 2024
AWANI Tonight: 8 Oct 2024

AWANI Tonight: 8 Oct 2024

#AWANITonight with @_farhanasheikh

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

#AWANIEnglish #AWANINews
Tue Oct 08 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
Malaysians lose US$12.8 bln to scams in a year, equivalent to three pct of nation's GDP

Malaysians lose US$12.8 bln to scams in a year, equivalent to three pct of nation's GDP

According to the State of Scam Report 2024, about 70 per cent of scam victims did not report their cases to the authorities.
Thu Oct 03 2024
Malaysia's GDP to grow above 5.0 pct in 2024 - Analysts

Malaysia's GDP to grow above 5.0 pct in 2024 - Analysts

Two investment banks have kept their projections for Malaysia's economic growth above 5.0 per cent for 2024.
Tue Sep 10 2024
Ringgit resumes uptrend to open higher against US dollar

Ringgit resumes uptrend to open higher against US dollar

Dr Mohd Afzanizam Abdul Rashid said ringgit's performance has been quite sanguine amidst the anticipation of a better GDP data for 2Q 2024.
Wed Aug 14 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
Malaysia's nominal GDP for 2023 amounts to 1.8 trillion

Malaysia's nominal GDP for 2023 amounts to 1.8 trillion

Growth moderated to 1.6 per cent from the double-digit 15.9 per cent in 2022.
Thu Jul 25 2024
Govt committed to reducing debt-to-GDP ratio to 60% within five years - Treasury sec-gen

Govt committed to reducing debt-to-GDP ratio to 60% within five years - Treasury sec-gen

The government is committed to reducing its borrowings within a five-year timeframe to ensure a stronger and sustainable fiscal position.
Tue Jul 23 2024
Malaysia to exceed 25.5 per cent digital GDP by 2025 with expanded 5G - Gobind

Malaysia to exceed 25.5 per cent digital GDP by 2025 with expanded 5G - Gobind

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
Thu Jun 27 2024
Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

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.
Mon Jun 24 2024
Malaysia suffers RM277 billion losses over five years due to corruption - MACC

Malaysia suffers RM277 billion losses over five years due to corruption - MACC

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.
Tue May 07 2024
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Fri Nov 22 2024
Elon Musk blasts Australia's planned ban on social media for children

Elon Musk blasts Australia's planned ban on social media for children

Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.
Fri Nov 22 2024
Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Trump picks Pam Bondi for US Attorney General after Gaetz withdraws

Bondi was the top law enforcement officer of the country's third most populous state from 2011 to 2019, and served on Trump's Opioid and Drug Abuse Commission during his first administration.
Fri Nov 22 2024
Ringgit extends uptrend against greenback in early trade

Ringgit extends uptrend against greenback in early trade

At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
Lebanon's only burn unit treats toddlers after Israeli strikes

Lebanon's only burn unit treats toddlers after Israeli strikes

The hospital hallways echo with the screams of children as anxious parents await news from doctors.
Fri Nov 22 2024
AI revolutionising sports to develop world-class athletes

AI revolutionising sports to develop world-class athletes

Can a young Orang Asli child from Gua Musang, Kelantan be turned into an Olympic champion in 2036?
Fri Nov 22 2024
Selangor records 1,354 out-of-wedlock teen pregnancies from 2023 to Sept 2024

Selangor records 1,354 out-of-wedlock teen pregnancies from 2023 to Sept 2024

Anfaal Saari emphasises the seriousness of the issue, especially involving children and teenagers under 18 years old.
Thu Nov 21 2024
ICC issues arrest warrants for Netanyahu and Gallant

ICC issues arrest warrants for Netanyahu and Gallant

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
Thu Nov 21 2024
Elon Musk's Neuralink receives Canadian approval for brain chip trial

Elon Musk's Neuralink receives Canadian approval for brain chip trial

The study aims to assess the safety and initial functionality of its implant which enables people with quadriplegia.
Thu Nov 21 2024
Guitar bought by Beatles' teenage Harrison for GBP58 sells for more than GBP1 million

Guitar bought by Beatles' teenage Harrison for GBP58 sells for more than GBP1 million

A guitar bought by George Harrison for about GBP58 has sold at auction for more than GBP1 million (US$1.27 million), the PA Media news agenc
Thu Nov 21 2024