Malaysians lose US$12.8 bln to scams in a year, equivalent to three pct of nation's GDP
According to the State of Scam Report 2024, about 70 per cent of scam victims did not report their cases to the authorities.
Thu Oct 03 2024
Malaysia's GDP to grow above 5.0 pct in 2024 - Analysts
Two investment banks have kept their projections for Malaysia's economic growth above 5.0 per cent for 2024.
Tue Sep 10 2024
AWANI Review: PayNet: Driving Malaysia's Cashless, Digital Future
In 2023, PayNet processed RM5.15 trillion in transactions—3.3 times Malaysia’s Real GDP. As Malaysia advances its cashless journey, Group CEO Farhan Ahmad discusses the future of digital payments and financial inclusion, impact of Gen AI on payments and preparing for evolving threats.
Sat Aug 24 2024
Ringgit resumes uptrend to open higher against US dollar
Dr Mohd Afzanizam Abdul Rashid said ringgit's performance has been quite sanguine amidst the anticipation of a better GDP data for 2Q 2024.
Wed Aug 14 2024
Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF
According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.
Wed Jul 31 2024
Malaysia's nominal GDP for 2023 amounts to 1.8 trillion
Growth moderated to 1.6 per cent from the double-digit 15.9 per cent in 2022.
Thu Jul 25 2024
Govt committed to reducing debt-to-GDP ratio to 60% within five years - Treasury sec-gen
The government is committed to reducing its borrowings within a five-year timeframe to ensure a stronger and sustainable fiscal position.
Tue Jul 23 2024
Malaysia to exceed 25.5 per cent digital GDP by 2025 with expanded 5G - Gobind
The government is confident that Malaysia can surpass the digital GDP target of 25.5 per cent by 2025 through the expansion of 5G to services beyond telecommunications
Thu Jun 27 2024
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 suffers RM277 billion losses over five years due to corruption - MACC
Tan Sri Azam Baki said the losses were calculated based on cumulative estimate of the GDP over five-year period from 2018 until last year.
Tue May 07 2024
KDNK China meningkat 5.3 peratus pada suku pertama 2024
Ekonomi China berkembang lebih kukuh daripada jangkaan pada awal tahun ini, sebahagian besarnya disebabkan oleh aktiviti kilang yang teguh.
Tue Apr 16 2024
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
No plans to peg the ringgit at this time - Amir Hamzah
Looking at the pegging of the ringgit around 1998, the economic condition at that time was different compared to the current condition.
Tue Mar 19 2024
Gov't striving to reduce fiscal deficit rate to 4.3 per cent this year - Fahmi
Fahmi Fadzil said Malaysia recorded a three per cent GDP growth in the fourth quarter of 2023, despite facing challenges.
Mon Feb 19 2024
Malaysia set to hit 2023 GDP target based on positive economic momentum - DOSM
It is during 4Q that consumers tend to spend more than usual, including for back-to-school, new year and festive spending.
Thu Jan 04 2024