AT the Paris Agreement in 2015, Malaysia pledged to reduce its greenhouse gas (GHG) emission intensity of gross domestic product (GDP) by 45% in 2030. The government then once again reiterated its stance in advancing green aspirations by setting an ambition to become a carbon-neutral nation by 2050 as laid out in the 12th Malaysia […]
Read MoreKUALA LUMPUR: The weakening Malaysian ringgit, which is at its lowest since 1998, was not a reflection of the state of the nation’s economy, its central bank governor said on Monday. Bank Negara Governer Nor Shamsiah Mohd Yunus said the growth in the Malaysian economy was robust, the labour market healthy and the financial system […]
Read MoreKUALA LUMPUR: Effective Jan 1, 2023, about 99 per cent of Turkish exports to Malaysia will enjoy duty-free treatment, while almost 86 per cent of Malaysia’s exports to Turkiye will enjoy a similar advantage under the Malaysia-Turkey Free Trade Agreement (MTFTA). The decision was made during the inaugural Joint Economic and Trade Council (JETC) meeting […]
Read MoreKUALA LUMPUR: Malaysia’s Producer Price Index (PPI) for local production eased further to 6.8 per cent in August compared to 7.6 per cent in the previous month, the Department of Statistics Malaysia (DOSM) said. The department said the lower reading was attributed to the manufacturing index with a 9.4 per cent expansion (July 2022: 9.9 […]
Read MoreKUALA LUMPUR: Malaysia’s tourism industry generated RM197.9 billion of “gross value-added of tourism industries” (GVATI), contributing 12.8 per cent to the gross domestic product (GDP) in 2021, compared to 14.1 per cent in 2020, according to the Department of Statistics Malaysia (DOSM). GVATI is the difference between total output and total intermediate consumption of the […]
Read MoreKUALA LUMPUR, Sept 28 — Penang recorded the highest share of total trade among the states in August from Malaysia’s total trade of RM265.7 billion in the same month, according to the Department of Statistics Malaysia (DoSM). Malaysia’s total exports increased by RM46 billion, or 48.2 per cent, to RM141.3 billion in August compared to […]
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