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Turkey’s crisis to impact Malaysia

KUALA LUMPUR: The International Trade and Industry Ministry (Miti) expects Malaysia to be impacted by the financial crisis in Turkey. Minister Darrel Leiking, however, said that the ministry would ensure Malaysia’s trade with Turkey remained protected and would come up with solutions to help industries potentially affected by the crisis. “Whenever there is a financial […]

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Trade war may cut Malaysia’s GDP

KUALA LUMPUR: Malaysia’s gross domestic product (GDP) growth rate could be cut by 1.3% over the next two years, if the trade war between the United States and China continues to escalate and eventually leads into a global financial shock. CIMB Group  chief economist Donald Hanna, who warned that the worst is yet to come, pointed […]

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US-China conflict may curb Malaysia’s GDP growth

KUALA LUMPUR: The United States-China trade war could adversely impact Malaysia’s Gross Domestic Product (GDP) growth by 1.3 per cent against what has been projected over the next two years. CIMB Group  Chief Economist Dr Donald Hanna said this scenario was possible if the tariff war continued to escalate and shake the confidence of financial markets, […]

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Malaysia’s labour force grows 2.4% in Q2

KUALA LUMPUR: The labour force in Malaysia increased 2.4% to 15.28 million persons in the second quarter of 2018, as compared to the same quarter in 2017. “The employed persons also recorded an increased of 2.4 per cent in the same period to 14.77 million persons,” said Datuk Sri Dr Mohd Uzir Mahidin, Chief Statistician […]

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