![Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-03/61710826372_TBAMIRHAMZAH.jpg)
Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting
The government is targeting headline inflation of 2.0-3.5 per cent and gross domestic product growth of 4.0-5.0 per cent for this year.
Mon Jun 24 2024
![Malaysia’s currency in circulation eases to RM161.8 bln in 2023, first time since 2001 Malaysia’s currency in circulation eases to RM161.8 bln in 2023, first time since 2001](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-03/71709899937_tbBANKNEGARA.jpg)
Malaysia’s currency in circulation eases to RM161.8 bln in 2023, first time since 2001
The total value of cash stood at 8.9 per cent of gross domestic product in 2023 versus 9.1 per cent in 2022.
Wed Mar 20 2024
![Selangor will lose out if it is not under Unity Gov't after state polls - Zahid Selangor will lose out if it is not under Unity Gov't after state polls - Zahid](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-08/71691358903_ZahidHamidi.jpg)
Selangor will lose out if it is not under Unity Gov't after state polls - Zahid
Selangor is arguably the country's economic powerhouse that contributed 25.5 per cent of last year's Gross Domestic Product.
Mon Aug 07 2023
![Malaysia's economy grows 5.6% in Q1, above forecast Malaysia's economy grows 5.6% in Q1, above forecast](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-11/51605854640_KualaLumpurskyline.jpg)
Malaysia's economy grows 5.6% in Q1, above forecast
Economists surveyed by Reuters had forecast annual gross domestic product growth would come in at 4.8% in the January to March period.
Fri May 12 2023
![Malaysia Q4 GDP up 7% on year earlier, above forecast Malaysia Q4 GDP up 7% on year earlier, above forecast](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-02/61676002051_klcc.jpg)
Malaysia Q4 GDP up 7% on year earlier, above forecast
Gross domestic product for all of 2022 had been 8.7% higher than in 2021.
Fri Feb 10 2023
![Singapore expects full tourism recovery by 2024 Singapore expects full tourism recovery by 2024](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-12/41638542476_Marinabay.jpg)
Singapore expects full tourism recovery by 2024
Tourism contributes about 4 pct to Singapore's annual gross domestic product, according to the STB.
Tue Jan 17 2023
![MOH wants public health allocation to be raised to five pct of GDP MOH wants public health allocation to be raised to five pct of GDP](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-08/61660542352_TBKJ.jpg)
MOH wants public health allocation to be raised to five pct of GDP
The MOH is seeking for public health expenditure to be increased to five per cent of the Gross Domestic Product (GDP).
Mon Aug 15 2022
![100,000 jobs set to be created through drone industry - Adham 100,000 jobs set to be created through drone industry - Adham](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-04/81651159065_TBadhambaba.jpg)
100,000 jobs set to be created through drone industry - Adham
The government is targeting to create 100,000 employment opportunities through the drone industry in Malaysia worth RM50 billion in the Gross Domestic Product (GDP) by 2030.
Thu Apr 28 2022
![Higher GDP, FDI point towards economic recovery in 2022 Higher GDP, FDI point towards economic recovery in 2022](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-02/51644582518_UTC.jpg)
Higher GDP, FDI point towards economic recovery in 2022
The growing momentum of gross domestic product (GDP) and foreign direct investment (FDI) registered in 2021 are pointing towards an economic recovery year for Malaysia this year.
Fri Feb 11 2022
![Malaysia incurs loss of RM6.1 bln following nationwide floods - DOSM Malaysia incurs loss of RM6.1 bln following nationwide floods - DOSM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-01/61643359318_RumahPusaka.jpg)
Malaysia incurs loss of RM6.1 bln following nationwide floods - DOSM
The floods that hit the country at the end of last year and early this year have resulted in losses amounting to RM6.1 billion, equivalent to 0.4 per cent of the nominal Gross Domestic Product.
Fri Jan 28 2022
![Much work still needs to be done to achieve Malaysia's digital aspiration - Mustapa Much work still needs to be done to achieve Malaysia's digital aspiration - Mustapa](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-10/81635516779_TBBajet.jpg)
Much work still needs to be done to achieve Malaysia's digital aspiration - Mustapa
Malaysia's digital economy is expected to contribute 25.5 per cent to the gross domestic product (GDP) by 2025.
Wed Nov 10 2021
![Malaysia on track to achieve 6.5 pct deficit target this year - Tengku Zafrul Malaysia on track to achieve 6.5 pct deficit target this year - Tengku Zafrul](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-11/51636435017_TBTENGKUZAFRUL.jpg)
Malaysia on track to achieve 6.5 pct deficit target this year - Tengku Zafrul
The government is confident of achieving its deficit target of 6.5 per cent of gross domestic product (GDP) for this year, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Tue Nov 09 2021
![Malaysia aims to reduce intensity of greenhouse gas emission by 45 pct Malaysia aims to reduce intensity of greenhouse gas emission by 45 pct](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-09/81632910507_IsmailSabri.jpg)
Malaysia aims to reduce intensity of greenhouse gas emission by 45 pct
Malaysia hopes to reduce the intensity of greenhouse gas (GHG) emission across the economy by 45 per cent based on the Gross Domestic Product in 2030.
Mon Oct 11 2021
![Creative industry contributed RM29.4 bln to GDP in 2019 Creative industry contributed RM29.4 bln to GDP in 2019](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-10/81633337631_Dewanrakyatsidang.jpg)
Creative industry contributed RM29.4 bln to GDP in 2019
The creative industry contributed 1.9 per cent or RM29.4 billion to the Gross Domestic Product (GDP) in 2019 according to a report by the Department of Statistics Malaysia.
Mon Oct 04 2021
![Double-digit GDP growth indicates continued recovery trajectory - Tengku Zafrul Double-digit GDP growth indicates continued recovery trajectory - Tengku Zafrul](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-07/61627300354_Zafrul.jpg)
Double-digit GDP growth indicates continued recovery trajectory - Tengku Zafrul
The 16.1 per cent year-on-year growth in Gross Domestic Product (GDP) announced for the second quarter (Q2) of 2021 indicates a continued recovery trajectory.
Fri Aug 13 2021