PETALING JAYA: Long-term structural reforms hold the key to global economic sustainability amid the weakening world economy, experts say. They added that such reforms could complement the conventional economic tools of monetary and fiscal policies to bolster economic growth. The same scenario also applied to corporate Malaysia, they added, noting that there was little room […]
Read MoreKUALA LUMPUR: Malaysia’s total trade for March 2023 amounted to RM232.7 billion, 1.6 per cent lower year-on-year, said the Department of Statistics (DOSM) today. Exports eased 1.4 per cent year-on-year to RM129.7 billion while imports fell 1.8 per cent year-on-year to RM103 billion, DOSM said in a statement. Chief statistician Datuk Seri Mohd Uzir Mahidin […]
Read MoreKUALA LUMPUR: The Producer Price Index (PPI) for local production, which measures prices of goods at the factory gate, declined further to – 2.9 per cent in March 2023 as against – 0.8 per cent in February 2023, the Department of Statistics Malaysia (DoSM) said. In a statement today, chief statistician Datuk Seri Dr Mohd […]
Read MorePETALING JAYA: Analysts have mixed views on the inflation outlook for Malaysia in the near term but expect it to hover between 3% and 3.5% for the year underpinned by slower economic growth and stable commodity prices. In March, the consumer price index (CPI) moderated to 3.4% year-on-year (y-o-y) from 3.7% y-o-y in February this […]
Read MoreKUALA LUMPUR: Malaysia was ranked the second best-performing Asean country in the World Bank Logistics Performance Index (LPI) 2023, behind Singapore. According to The World Bank’s website, the LPI serves as a benchmarking tool to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do […]
Read MoreKUALA LUMPUR (April 25): A continued moderation of the consumer price index (CPI) this year could allow the government to ease subsidies, said CGS-CIMB. Malaysia’s inflation, as measured by the consumer price index (CPI), fell to 3.4% year-on-year (y-o-y) in March this year, marking seven months of continued decline, from its peak of 4.7% y-o-y […]
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