KUALA LUMPUR: AmBank Group anticipates the third quarter (Q3) 2022 Gross Domestic Product (GDP) numbers to be at 12.2 per cent, better than the Q2 2022 growth of 8.9 per cent. In its research note, the group said it is maintaining its full-year GDP forecast at 7.5 per cent (base-case), with an upside of 8.5 […]
Read MorePETALING JAYA: The economy remains on a robust recovery path, but the pace of growth enjoyed over the last two quarters could slow going forward as external demand weakens from policy response but partly offset by the strong pipeline of investments. The Statistics Department yesterday said the industrial production index (IPI) in September 2022 increased […]
Read MoreKUALA LUMPUR: Malaysia’s manufacturing sales value in September 2022 grew 19.5 per cent to RM161.7 billion from RM135.3 billion in the same month last year. In a statement today, the Department of Statistics Malaysia (DOSM) said the better performance in the month was driven by the subsectors of electrical and electronics (E&E), petroleum, chemicals, rubber […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) expanded 10.8 per cent year-on-year (y-o-y) in September 2022 compared with a growth of 13.5 per cent y-o-y in August 2022, said the Department of Statistics Malaysia (DoSM). In a statement today, the department said the sectors that contributed to September’s increase was mining (+15.0 per cent), manufacturing […]
Read MoreMALAYSIA’S ruling Barisan Nasional (BN) coalition promised cash aid to households with monthly incomes of less than 2,208 ringgit (S$655) if it were to win this month’s election, as it seeks to address the rising cost of living that has emerged as a hot-button issue with voters. BN said it would introduce “Assistive Basic Income,” […]
Read MoreKUALA LUMPUR: Malaysia’s Services Producer Price Index (SPPI) went up three per cent in the third quarter of 2022 (Q3 2022) to 113.8 compared to 110.5 in the same quarter last year, the Department of Statistics Malaysia (DOSM) said. The increase in the SPPI was driven by the growth in the arts, entertainment and recreation […]
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