KUALA LUMPUR (Feb 9): Malaysia’s 2022 gross domestic product (GDP) is forecast to have expanded by 8.4% year-on-year (y-o-y) by CGS-CIMB Research, and 8.2% by Hong Leong Investment Bank (HLIB) Research, following indications for the manufacturing, mining, services and construction sectors. In anticipation of the official fourth-quarter (4Q2022) GDP data release on Friday (Feb 10), CGS-CIMB estimated […]
Read MorePETALING JAYA: The country’s property market is expected to recover to pre-pandemic levels by 2024, provided there are adequate government incentives, reforms and economic stability. “A lot of international players are relooking our market. It will take time for the new government to introduce policies or reforms, but at the rate things are going, we […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to grow at a moderate pace of 4.7 per cent this year amidst a gradual decline in inflation, softening monetary policy and subpar commodity prices, an economist said. Nonetheless, ANZ Bank chief economist (Southeast Asia and India), Sanjay Mathur projected the gross domestic product (GDP) growth to remain quite […]
Read MoreKUALA LUMPUR: The volume index of the wholesale and retail trade Malaysia registered a 9.9 percent growth year-on-year (y-o-y) in the fourth quarter (4Q) of 2022, bringing the overall performance for 2022 to 14.3 percent, the Department of Statistics Malaysia (DOSM) said. Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin attributed the increase to […]
Read MorePETALING JAYA: Malaysia’s industrial production index (IPI) growth for 2022 narrowed to 6.9% from 7.2% in 2021. The economic indicator which measures overall output of industrial activity was driven by the manufacturing index, 8.2%; electricity index, 4.5%; and the mining index, 2.8%, the Statistics Department said. In December 2022, the IPI grew 3% supported by […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) for 2022 narrowed to 6.9 per cent from 7.2 per cent recorded in 2021, driven by the manufacturing index (8.2 per cent); electricity index (4.5 per cent); and mining index (2.8 per cent), according to the Statistics Department (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said […]
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