KUALA LUMPUR: Malaysia expects to record a slightly higher Gross Domestic Product (GDP) growth this year from 4.2% achieved last year, Prime Minister Datuk Seri Najib Tun Razak said today. “We expect a slightly higher figure this year, and for it (growth) to rise in 2018,” he said. The government had forecast that the economy […]
Read More(KPL) Laos and Malaysia recorded a significant growth in bilateral trade last year as it jumped by 75% to USD 30.9 million from 2015 figures. The investment of Malaysian companies in Laos also increased to US$ 820 million through 104 projects, making Malaysia the fifth largest foreign investor in Laos, following China, Vietnam, Thailand and […]
Read MoreMalaysia has joined other developed countries in supporting the Philippine infrastructure development program, Socioeconomic Planning Secretary Ernesto Pernia said on Monday. “Strong expressions of funding support for the country’s massive infrastructure build-up from bilateral and multilateral partners Japan, China, South Korea and Malaysia, as well as WB, ADB, and AIIB,” Pernia said in a presentation […]
Read MoreKUALA LUMPUR: Foreign investors purchased a whopping RM1.76bil net last week, an amount not seen since May 2013, following the outcome of the 13th General Election (GE13), according to MIDF Research. Indeed, the research house said the last time the amount exceeded RM1bil was in March last year. “Foreign investors have now been net buyers […]
Read MoreKUALA LUMPUR: Malaysia’s A3 government bond rating and stable outlook suggests a resilient economy against structural fiscal challenges posed by the trend deterioration in revenue, as well as signs of weakening institutional strength, according to Moody’s Investors Service. “We expect robust gross domestic product (GDP) growth of 4.3% on average in 2017-2018 and continued current […]
Read MoreMalaysia and Laos have expressed the desire to expand cooperation in training, investment, banking, finance, transportation, tourism, education and defence for mutual benefit. This was emphasised at a meeting between Malaysian Foreign Minister Anifah Aman and visiting Laos Foreign Minister Saleumxay Kommasith at Wisma Putra in Putrajaya today. Anifah, in his welcoming remarks, expressed confidence […]
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