KUALA LUMPUR, June 10 — Malaysia’s manufacturing sales grew 13.2 per cent to RM147.9 billion compared to the same month in 2021, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said the growth in sales value for April 2022 was driven predominantly by the electrical and electronics products subsector […]
Read MoreKUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) increased 4.6% in April 2022 as compared to the same month of the previous year, according to the Statistics Department (DOSM). However, the growth came in below expectations. A Reuters poll showed economists expect a growth of 5.6%. “The expansion of IPI was contributed by the manufacturing and […]
Read MoreKUALA LUMPUR: The average price of steel bars increased 20% in May to RM3,910 per tonne from RM3,258 per tonne in the corresponding period last year, following the increase in the prices of building materials, according to the Statistics Department. Chief statistician Datuk Seri Mohd Uzir Mahidin said the cost materials of building index (BCI) […]
Read MoreKUALA LUMPUR: Palm oil industry expert Dorab Mistry expects the price of crude palm oil (CPO) to ease towards end of the year due to high supplies of vegetable oil. UOB Kay Hian (UOBKH) Research, in its latest report, quoted Mistry as saying that CPO prices are expected to weaken to RM4,000 per tonne in […]
Read MoreKUALA LUMPUR: Malaysia said on Thursday it will seek to stock up on chicken as part of measures to secure domestic supplies and control rising food prices, amid a ban on exports of the poultry. The neighbouring country, which supplies live chickens mainly to Singapore and Thailand, on June 1 halted exports of chickens until […]
Read MoreKUALA LUMPUR: Malaysia’s wholesale and retail trade sales increased by 15.2 per cent year-on-year (y-o-y) to register RM128.0 billion in April 2022, according to the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase in wholesale and retail trade was attributed to the retail trade sub-sector which rose […]
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