RESILIENT domestic demand is expected to underpin the GDP growth outlook due to an expected increase in private sector spending – in terms of expenditure and investment – though at a slower pace from 2017. Domestic demand is expected to grow at a slower pace of 5.5% from 6.4%. Private sector spending will underpin the […]
Read MoreMALAYSIA’S economy will remain resilient in 2018, though real gross domestic product (GDP) will expand at a slower pace, due to external challenges such as rising protectionism and policy uncertainties in the advanced countries. Growth will be mainly driven by resilient domestic demand amid a favourable external sector. Importantly, the government will ensure the economy […]
Read MoreTHE services sector will continue to be the main driver of economic growth in 2018 as its share of the gross domestic product (GDP) is set to expand to 54.8% in 2018 from 54.5% in 2017. The government expects growth to dip slightly to 5.8% in 2018 from 5.9% in 2017 as all sub-sectors continue […]
Read MoreHighlights of the Economic Report 2017/2018: * 2018 Federal Government Budget at RM280.25bil (RM260.80bil in 2017). * GDP to grow at slower pace of 5% to 5.5% in 2018 from 5.2% to 5.7% in 2017. * GDP by sector in 2018: Agriculture to slow down to 2.4% from 5.6%; Mining and quarry to grow slightly […]
Read More10 Malaysian F&B companies are participating in the four-day 2017 ASEAN Trade Fair, themed “Taste the Happiness”, in Seoul which provides a platform for 100 companies from the region to introduce a wide selection of products to the Korean market. Source: https://www.thestartv.com/v/Malaysian%20flavours%20at%202017%20ASEAN%20Trade%20Fair#GkrMqbZDwUlC1sXm.99
Read MoreMALAYSIA is ageing, and the population over 65 should come to 15% of the population by 2035. Current Employees Provident Fund (EPF) savings for most Malaysians are barely enough for a decent life after retirement. Meanwhile, Malaysian life expectancy has been rising. Life expectancy at birth in 2015 was 72.5 years for males and 77.4 […]
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