KUALA LUMPUR (Bernama) – Despite recording a moderate Gross Domestic Product (GDP) growth of 4.4 per cent in the third quarter (3Q) of this year, analysts and economists remain confident of Malaysia’s future prospects, suggesting that domestic demand and the private sector will be the key drivers of economic growth, going forward. On Friday, Bank Negara Malaysia (BNM) announced that […]
Read MorePETALING JAYA: Systemic reforms will require time to implement and some parts of the economy may be in for a rough ride but with strong fiscal management and institutional reforms, Malaysia will continue to be on a stronger and more sustainable growth path, Finance Minister Lim Guan Eng says. Lim said the government is committed to […]
Read MoreKUALA LUMPUR: Despite recording a moderate gross domestic product (GDP) growth of 4.4% in the third quarter (Q3) of this year, analysts and economists remain confident of Malaysia’s future prospects, suggesting that domestic demand and the private sector will be the key drivers of economic growth, going forward. On Friday, Bank Negara announced that the country’s GDP stood […]
Read MoreJOHOR BARU: Foreign investors, especially from Japan and Singapore, have expressed their willingness to retain and maintain their foreign direct investments (FDIs) in Malaysia. According to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, foreign investors have also expressed their confidence in the country’s new leadership. These commitments were relayed to Azmin during his official visits to Japan and Singapore with Prime Minister […]
Read MoreKUALA LUMPUR: Malaysia’s economy expanded at 4.4% in the the third quarter ended Sept 30, which is slower than the 6.2% a year ago. It was also below economists’ expectations of a 4.6% growth. Bank Negara Malaysia data showed on Friday the services sector expanded by 7.2%, manufacturing by 5% and construction up by 4.6%. […]
Read MorePETALING JAYA: Tumbling crude oil prices have stoked concerns over the government’s ability to meet its budget deficit target in 2019. The market has also turned nervy, considering the potential impact on oil and gas (O&G) companies as well as the government’s coffers. The Brent crude oil futures closed at US$65.46 per barrel as at […]
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