Ringgit eases vs US dollar amidst wait-and-see mode
KUALA LUMPUR, Sept 8 — The ringgit eased versus the US dollar at Wednesday’s opening as traders await Bank Negara Malaysia’s interest rate decision and...
RAM Ratings maintains Malaysia’s 2021 GDP forecast at 3.8 pct
KUALA LUMPUR, Aug 28 — RAM Rating Services Bhd (RAM Ratings) has maintained its 2021 forecast for Malaysia’s gross domestic product (GDP) at 3.8 per...
Moody’s analytics expects global GDP to rebound to 5.7 pct in 2021
KUALA LUMPUR, Aug 19 — Moody’s Analytics is expecting the global real gross domestic product (GDP) to rebound 5.7 per cent in 2021, following the...
Malaysia remains on right trajectory for further economic recovery — Miti
KUALA LUMPUR, Aug 16 — Malaysia remains on the right trajectory for further economic recovery boosted by the surge in external demand supported by electrical...
Covid-19: BNM revises growth target down to 3-4 pct this year
KUALA LUMPUR, Aug 13 — Malaysia’s economic growth for 2021 is now projected to be between three and four per cent, slower than the earlier...
Malaysian economy soars by 16.1 pct in second quarter of 2021
KUALA LUMPUR, Aug 13 — The Malaysian economy grew by 16.1 per cent in the second quarter (Q2 2021) year-on-year compared with -0.5 per cent...
Singapore upgrades 2021 GDP outlook as vaccinations gain pace
SINGAPORE, Aug 11 — Singapore’s bellwether economy expanded more than initially estimated in the second quarter and the government raised its forecast for 2021 as...
Increase spending on healthcare system to address future pandemics — Dr Adeeba
KUALA LUMPUR, Aug 5 — The Malaysian government should be spending about seven to eight per cent of the country’s gross domestic product (GDP) to...
Ringgit opens marginally higher against US dollar
KUALA LUMPUR, July 30 — The ringgit opened higher against the US dollar on Friday as trading of the greenback remained sideways over the United...
SMEs’ contribution to GDP down by 7.3 pct in 2020 — DOSM
KUALA LUMPUR, July 28 — Malaysia’s small and medium enterprises’ (SMEs) contribution to the gross domestic product (GDP) contracted by 7.3 per cent in 2020,...
IMF downgrades Asean-5 2021 economic outlook, keeps global growth forecast at 6 pct
KUALA LUMPUR, July 28 — The International Monetary Fund (IMF) has revised downwards the 2021 economic outlook for Asean-5 countries by 0.6 per cent to...
Malaysia’s 2021 fiscal deficit to hover between 6.5-7 pct of GDP
KUALA LUMPUR, July 19 — Malaysia’s fiscal deficit is expected to go up to between 6.5 and seven per cent of its gross domestic product...