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Malaysia’s BRICS partner status set to contribute to economic growth gains - Tengku Zafrul

Malaysia’s BRICS partner status set to contribute to economic growth gains - Tengku Zafrul

BRICS countries currently account for approximately 26 per cent of the world's gross domestic product, says Tengku Zafrul.
Tue Oct 29 2024
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

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

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

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

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

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

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

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

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
#KiniNews: Malaysia's GDP falls 17.1% in Q2, worst since 1998

#KiniNews: Malaysia's GDP falls 17.1% in Q2, worst since 1998

Malaysia's gross domestic product for the second quarter (Q2) contracted by 17.1 percent compared to the same period last year.

This is the first time quarterly gross domestic product (GDP) change is in the negative territory since Q3 2009 (-1.1 percent).

According to Reuters, this is the worst slump since the Asia financial crisis which saw GDP shrink by 11.2 percent in Q4 of 1998.
Sun Mar 20 2022
Higher GDP, FDI point towards economic recovery in 2022

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

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

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

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

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