Malaysia’s digital economy to contribute 22.6 pct to GDP, create half a million jobs by 2025
SINGAPORE, May 19 — The digital economy is expected to contribute 22.6 per cent of Malaysia’s gross domestic product (GDP) and create over 500,000 jobs...
IMF optimistic Malaysia’s economy to expand 5.75 pct in 2022
KUALA LUMPUR, May 19 — The International Monetary Fund (IMF) is optimistic that Malaysia’s economy will expand by 5.75 per cent in 2022, driven by...
Ringgit expected to trend downward on lack of catalysts next week
KUALA LUMPUR, May 14 — The ringgit is expected to trend downward against the US dollar next week on lack of catalysts, according to an...
Malaysia records 5 pct GDP growth in first quarter 2022 as economic activity normalises — BNM
KUALA LUMPUR, May 13 — Malaysia’s economy has rebounded in the first quarter of 2022 (Q1 2022), registering a five per cent growth versus a...
Ringgit opens slightly higher against US dollar ahead of GDP announcement
KUALA LUMPUR, May 13 — The ringgit opened slightly higher against the US dollar today, ahead of the first quarter (Q1) gross domestic product (GDP)...
IMF cuts 2022 global growth forecast to 3.6 pct amid Russia-Ukraine conflict
WASHINGTON, April 20 — The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.6 per cent amid the Russia-Ukraine...
Economist: Transition to endemic status a boost to economy
KUALA LUMPUR, April 12 — Malaysia’s economy is expected to strengthen this year as the country transitions to the endemic phase, starting with the reopening...
World Bank estimates Malaysia’s economy to grow 5.5 pct in 2022
KUALA LUMPUR, April 5 — Malaysia’s economy is expected to grow 5.5 per cent this year, driven by the recovery in domestic demand, expansion in...
Ringgit continues upward momentum against US dollar
KUALA LUMPUR, 31 March — The ringgit has extended its upward momentum against the greenback, as the US dollar retreated amidst concerns over the United...
Malaysia’s 2022 GDP expected to grow 5.3-6.3 pct — BNM
KUALA LUMPUR, March 30 — Malaysia’s gross domestic product (GDP) is expected to improve further by expanding between 5.3 and 6.3 per cent in 2022,...
Singapore central bank poll of economists sees 2023 GDP growth at 3 pct
SINGAPORE, March 10 — Singapore’s economy is expected to grow 3 per cent in 2023, as the city-state gradually reopens its borders to international travel,...
DOSM optimistic Malaysia’s economy will continue to recover in 2022
KUALA LUMPUR, Feb 25 — The Department of Statistics Malaysia (DOSM) is optimistic that the country’s economy will continue to recover in 2022, as it...