KUALA LUMPUR, Oct 12 — Private 5G networks will be critical enablers of digital transformation for large enterprises in many different industries across Southeast Asia over the next five years.
KUALA LUMPUR, Oct 11 — BMI, a Fitch Solutions company, holds a positive but cautious outlook for consumer spending in Malaysia in 2024, “as the economic recovery feeds through to stronger real consumer spending growth over the year.” The financial research firm reckons that the consumer spending...
KUALA LUMPUR, Oct 14 — Malaysia’s refined fuel consumption is projected to grow at a much slower pace than anticipated over the next 10 years, averaging at around 1.5 per cent through 2023 to 2032.
KUALA LUMPUR, Oct 2 — Research firm BMI has maintained its 2023 forecast for Malaysia’s budget deficit at 4.9 per cent of the gross domestic product (GDP) from 5.6 per cent in 2022.
KUALA LUMPUR, Sept 29 — Malaysia’s pharmaceutical industry is set to continue gaining momentum, riding on government incentives to drive local investment in the market, said BMI, a Fitch Solutions company.
KUALA LUMPUR, Sept 14 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia to hold its overnight policy rate at 3.00 per cent until the end of 2024 as domestic inflation continues to ease amid slowing economic growth.
KUALA LUMPUR, Aug 24 — BMI, a Fitch Solutions company, expects Malaysia’s electric vehicle (EV) sales to quadruple this year, although the country’s EV penetration rate will be at just 1.8 per cent.
KUALA LUMPUR, Aug 23 — BMI, a Fitch Solutions company, has revised downward its forecast for Malaysia’s real gross domestic product (GDP) growth to 4.0 per cent in 2023, from 4.2 per cent previously.
KUALA LUMPUR, July 28 — Bank Negara Malaysia (BNM) will likely lower its current headline inflation forecast of 2.8 per cent to 3.8 per cent for 2023, given the faster-than-expected easing of prices, said BMI Industry Research (BMI), a Fitch Solutions company.
KUALA LUMPUR, July 12 — BMI, a Fitch Solutions company, foresees Malaysia’s household spending to grow by 5.0 per cent year-on-year (y-o-y) in 2023 and will continue its steady growth towards 2024 as the economic recovery feeds through into strong real consumer spending growth.
KUALA LUMPUR, May 16 — BMI, a Fitch Solutions company, has raised the forecast for Malaysia’s real gross domestic product (GDP) growth to 4.2 per cent in this year from 4.0 per cent previously following the better-than-expected 5.6 per cent expansion in the first quarter (1Q).
KUALA LUMPUR, May 8 — Bank Negara Malaysia (BNM) has reached the end of its hiking cycle and will leave the overnight policy rate (OPR) at 3.0 per cent for the rest of 2023, said BMI.
KUALA LUMPUR, May 5 — Bank Negara Malaysia (BNM) has reached the end of its hiking cycle and will leave the overnight policy rate (OPR) at 3.0 per cent for the rest of 2023, said BMI.
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