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FMM says 77% of Malaysian manufacturers not utilising RCEP, CPTPP agreements yet

KUALA LUMPUR (March 16): Only 11% of Malaysian manufacturers are utilising both the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreements. Based on the Federation of Malaysian Manufacturers’ (FMM) Business Conditions Survey for the second half of 2022, 66% of the 745 respondents said they are aware […]

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Malaysia: GDP slows in January to 5.3%

PETALING JAYA: The country’s economy may have grown by 5.3% year-on-year (y-o-y) in January 2023 as economic activities eased in the month. Maybank Investment Bank (Maybank IB) Research said the gross domestic product (GDP) growth could have slowed down in January, as compared to a growth of 8.3% in December 2022. The actual growth rate […]

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Malaysia: Personal spending to ease

PETALING JAYA: Personal spending in Malaysia is expected to moderate this year amid the rising cost of living. Pressure on private consumption is also seen coming from higher interest rates and the waning impact of the special Employees Provident Fund (EPF) withdrawal scheme. Given the challenges, TA Research has projected a slower growth of 7.2% […]

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