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Malaysia: Employment on the mend

KUALA LUMPUR: Malaysia’s labour force situation improved in March as the number of people employed increased in the services, manufacturing and construction sectors, the first time after 11 months. The Statistics Department said on Friday the number of people employed rose by 0.2% or 34,300 persons to 16.08 million from 16.05 million in February. There […]

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Malaysia: March manufacturing sales at 44-month high of RM126.9b

KUALA LUMPUR: Malaysia’s manufacturing sales grew 15.3 per cent year-on-year (y-o-y) to RM126.9 billion in March 2021, the highest growth in 44 months, said the Department of Statistics Malaysia (DoSM). On a monthly basis, the sales value increased by 7.2 per cent, according to chief statistician Datuk Seri Mohd Uzir Mahidin. “The year-on-year increase of […]

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Malaysia: Bank Negara maintains OPR at 1.75%

KUALA LUMPUR: Bank Negara Malaysia’s monetary policy committee maintained the overnight policy rate (OPR) at 1.75%, which was in line with economists’ expectations. Latest indicators point to continued improvements in economic activity in the first quarter and into April, the central bank said in a statement on Thursday after the meeting of the Monetary Policy […]

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