KUALA LUMPUR: Malaysia is expected to report on Friday that its pace of economic growth picked up in the first quarter, thanks to surging exports and resilient domestic demand. A strengthening economy is pivotal for Prime Minister Datuk Seri Najib Razak, who is widely expected to call early polls this year amid concerns that rising […]
Read MoreKUALA LUMPUR: Malaysia’s inflation rate rose 4.4% in April from a year ago mainly due to the petrol price hike, the Statistics Department said. Inflation was just below the 4.5% annual pace forecast in a Reuters poll, and was down from March’s 5.1%, the highest rate in eight years. The department said on Wednesday that […]
Read MoreTEMPO.CO, Jakarta – The government of Nunukan Regency, North Kalimantan, hopes that the distribution of basic necessities via the sea toll program will reduce Malaysian products in the region. “We hope that the distribution of staple foods through the sea toll program will reduce Malaysian products in Nunukan Regency,” Herry Ageng Santoso, head of foreign […]
Read MoreKUALA LUMPUR: Malaysia’s economy is expected to grow at a faster pace of 4.8% in the first quarter ended March 31, 2017, underpinned by external demand due to stronger exports, says RAM Ratings. The ratings agency said on Monday the growth will be higher than the 4.5% in the preceding quarter of 4.5% in Q4, […]
Read MoreMALAYSIA is increasingly sounding like a country of economic corridors. And going by size, the latest inclusion in the corridor list is no small deal. Called the Malaysia Vision Valley (MVV), it will span 379,000 acres, or twice the size of Singapore, and is focused on a variety of industries, including healthcare, education and tourism. […]
Read MoreKUALA LUMPUR: Malaysia’s industrial output expanded 4.6% in March from a year ago, boosted by the manufacturing sector, but the growth was slower than Bloomberg’s survey of a 4.8% increase. The Statistics Department said on Thursday the industrial production index’s (IPI) growth was supported by positive growth in manufacturing index (5.9%) and mining index (2.0%). […]
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