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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
Bank Negara Malaysia keeps OPR unchanged at 3.00 pct

Bank Negara Malaysia keeps OPR unchanged at 3.00 pct

Bank Negara Malaysia said the global economy continues to expand amid resilient labour markets and continued recovery in global trade.
Thu Jul 11 2024
Chief Economists: The Economic Outlook Is Brightening But Political Risks Loom Large in 2024

Chief Economists: The Economic Outlook Is Brightening But Political Risks Loom Large in 2024

82 pct of chief economists expect the global economy to remain stable or strengthen this year almost twice as many as in late 2023.
Thu May 30 2024
Bank Negara Malaysia keeps OPR unchanged at 3.0%

Bank Negara Malaysia keeps OPR unchanged at 3.0%

The central bank said the global economy continues to expand amid resilient labour markets in some countries and recovery in global trade.
Thu May 09 2024
Most G20 members strongly condemn war in Ukraine, draft declaration says

Most G20 members strongly condemn war in Ukraine, draft declaration says

The summit which should focus on the global economy, has instead been overshadowed by Russia's invasion of Ukraine.
Tue Nov 15 2022
GLOBAL ECONOMY - Asia's factory output weakens on global slowdown, China COVID curbs

GLOBAL ECONOMY - Asia's factory output weakens on global slowdown, China COVID curbs

Manufacturing activity shrank in South Korea, Taiwan and Malaysia in October, and expanded at the slowest pace in 21 months in Japan.
Tue Nov 01 2022
Russia's Putin says West is failing, the future is in Asia

Russia's Putin says West is failing, the future is in Asia

Putin said the sanctions had replaced the COVID pandemic as the main threat to the global economy.
Wed Sep 07 2022
GLOBAL ECONOMY - Asia's factory activity slows in May as China COVID curbs weigh

GLOBAL ECONOMY - Asia's factory activity slows in May as China COVID curbs weigh

Factory activity in the Philippines also slowed to 54.1 in May from 54.3 in April, while that for Malaysia fell to 50.1 from 51.6 in April.
Wed Jun 01 2022
Putin likens Western sanctions to war as Russian assault traps Ukrainian civilians

Putin likens Western sanctions to war as Russian assault traps Ukrainian civilians

The IMF warned the conflict would have a "severe impact" on the global economy.
Sun Mar 06 2022
Russia-Ukraine conflict could hurt global economic recovery - Azmin

Russia-Ukraine conflict could hurt global economic recovery - Azmin

Azmin said any conflict would definitely hurt the global economy and would not help any country move towards a positive economic growth.
Mon Feb 28 2022
Global economy to expand by 4.9 pct next year - MoF

Global economy to expand by 4.9 pct next year - MoF

According to the report, growth in the EMDEs is projected to moderate to 5.1 per cent in 2022.
Fri Oct 29 2021
Malaysia's economy set to rebound in 2022, in line with global economic recovery - MOF

Malaysia's economy set to rebound in 2022, in line with global economic recovery - MOF

Malaysia's economy is expected to rebound in 2022, in line with the expected recovery in the global economy.
Thu Sep 30 2021
Government's financial position to improve in 2023 - PM

Government's financial position to improve in 2023 - PM

The pandemic had also impacted the global economy, which contracted by 3.2 per cent in 2020, according to Ismail Sabri.
Mon Sep 27 2021
Global economy to recover in 2H, supported by vaccine rollout

Global economy to recover in 2H, supported by vaccine rollout

Economic recovery for the second half of this year is likely to firm across developed markets as indicated by the markit flash Purchasing Manager's Index (PMI) for April 2021, says an analyst.
Sat Jun 19 2021
[PODCAST] Daily Dose @ 5: JAINJ confirms Illi Najwa still a Muslim, UNCTAD reports global economy set to grow by 4.7 pct

[PODCAST] Daily Dose @ 5: JAINJ confirms Illi Najwa still a Muslim, UNCTAD reports global economy set to grow by 4.7 pct

A rundown of the most important stories you need to know for the day, from the newsroom of Astro AWANI.
Thu Mar 18 2021
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024