KUALA LUMPUR: Malaysia’s construction sector rose 8.1 per cent year-on-year in the value of work done in the second quarter of 2023 (2Q 2023) to record a total of RM32.4 billion, the Department of Statistics Malaysia (DoSM) said. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increment was supported continuously by double-digit growth […]
Read MoreKUALA LUMPUR: Malaysia’s wholesale and retail trade recorded a monthly sales value of RM138.5 billion, an increase of 4.3 per cent year-on-year (y-o-y) in June 2023, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase of 4.3 per cent for wholesale and retail trade in June […]
Read MoreKUALA LUMPUR: Services sector revenue registered a 6.9 per cent growth year-on-year (y-o-y) in the second quarter of 2023 (2Q 2023) to record a total of RM568.3 billion, the Department of Statistics Malaysia (DOSM) reported. Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the services sector’s performance in the 2Q was driven by […]
Read MoreKUALA LUMPUR: Malaysia’s overall trade contracted 16.3% in June 2023 to RM222.14bil as compared to a year ago as the value of shipments exchanged with its major trading partners remained on a slide. According to the Ministry of Investment, Trade and Industry (Miti), the decline in trade value was owing to a 14.1% drop in […]
Read MorePETALING JAYA: The ports and logistics sector activity will be mainly driven by domestic trade in the near term as global trade’s growth is poised to slowdown this year amid greater carbon emissions regulations. The World Trade Organisation (WTO) projects the global merchandise trade volume to only inch up by 1.7% this year, compared with […]
Read MoreKUALA LUMPUR: The special treatment accorded by the Strategic Investor Pass (SIP) for investors to enter Malaysia on a multiple-entry basis is expected to gain a positive re-rating of Malaysia’s attractiveness to foreign investors. Sunway University professor of economics Prof Yeah Kim Leng said that through this facilitation, the SIP would enhance the investors’ positive […]
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