By Fitri Hazim Hazam SHAH ALAM, July 11 — Menteri Besar Dato’ Seri Amirudin Shari is confident Selangor can contribute 27 per cent to the national gross domestic product (GDP), based on the state’s better-than-forecast growth from 2021 to 2023. He said the state’s 7.43 per cent growth from...

By Selangor Journal team SHAH ALAM, July 4 — The First Selangor Plan (RS-1) mid-term review is vital to assess the effectiveness of the state’s implementation system, said Menteri Besar Dato’ Seri Amirudin Shari. He said the review is essential to implement new shifts that align with state...

By Amar Shah Mohsen SHAH ALAM, July 4 — The state economy is projected to grow by a healthy 5.2 per cent this year, Menteri Besar Dato’ Amirudin Shari told the State Legislative Assembly when tabling the First Selangor Plan (RS-1) mid-term review today. [caption id="attachment_359771"...

By Norrasyidah Arshad SHAH ALAM, July 3 — The 25.9 per cent contribution from Selangor to the 2023 national gross domestic product (GDP) shows the state administration is on the right track. Menteri Besar Dato’ Seri Amirudin Shari said the state Unity Government’s efforts will continue...

KUALA LUMPUR, June 27 — Hong Leong Investment Bank Bhd (HLIB) expects Malaysia’s economic growth to pick up in the second half of 2024 (2H 2024), benefitting from continued employment, supportive income measures by the government, rise in tourism activities, higher investments and exports rebound.

KUALA LUMPUR, June 12 — The economy is expected to grow by between 4 and 5 per cent this year, supported by export recovery and resilient domestic demand, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

WASHINGTON DC, June 12 — Economic growth in conflict-torn Myanmar will be around 1 per cent for the 2024-2025 fiscal year, the World Bank said today, as escalating violence, labour shortages and a depreciating currency make it harder to do business.

KUALA LUMPUR, May 21 — Malaysia recorded an encouraging economic achievement in the first quarter of 2024 at 4.2 per cent, surpassing the expectations of many parties who projected a growth rate at 3.9 per cent, said Prime Minister Datuk Seri Anwar Ibrahim.

SAMARKAND, May 19 — Developing nations should strengthen their collaborations to provide mutual support for each other’s economic growth, Prime Minister Datuk Seri Anwar Ibrahim said.

KUALA LUMPUR, May 17 — The Malaysian economy expanded at a higher rate of 4.2 per cent in the first quarter (1Q) of 2024 from 2.9 per cent in 4Q 2023, driven by stronger private expenditure and positive turnaround in exports.

KUALA LUMPUR, April 24 — BMI, a Fitch Solutions company, foresees Malaysia's household spending growing by 5.0 per cent year-on-year (y-o-y) over 2024 to RM903.8 billion as economic growth persists and consumption levels normalise.

KUALA LUMPUR, April 19 — Malaysia's economy is forecast to have grown by 3.9 per cent in the first quarter of 2024 (1Q 2024) based on advance estimates, compared to 3.0 per cent in the previous quarter, spearheaded by the services sector, according to the Statistics Department (DOSM).

KUALA LUMPUR, Feb 27 — RAM Rating Services Bhd (RAM Ratings) has maintained its forecast of Malaysia’s gross domestic product (GDP) growth at 4.5 per cent to 5.5 per cent in 2024.

BANGKOK, Feb 19 — Thailand’s National Economic and Social Development Council (NESDC) has announced the country’s gross domestic product (GDP) grew by 1.9 per cent year-on-year (y-o-y) in 2023, slower than the revised 2.5 per cent growth the previous year due to weak exports.

BENGALURU, Feb 14 — Malaysia's economy grew at a steady pace in the fourth quarter as an increase in private consumption offset a fall in exports, according to economists in a Reuters poll.

By Fitri Hazim Hazam GOMBAK, Jan 1 — The state government is committed and focused on implementing all planned projects to drive its economic growth this year, according to Menteri Besar Dato’ Seri Amirudin Shari.  The Gombak MB said emphasis will also be given to educate and inform the...

KUALA LUMPUR, Nov 28 — Malaysia’s economic growth will be affected should the Palestine-Israel conflict escalate further into one that involves Arab countries in the region, the Economy Ministry said.

KUALA LUMPUR, Nov 27 — The ringgit is likely to strengthen against the US dollar in 2024, particularly in the second half of the year towards the 4.40 level, said the Malaysian Institute of Economic Research (MIER) today.

KUALA LUMPUR, Nov 17 — Malaysia’s domestic demand is expected to play a key role in sustaining the country’s overall growth going forward.

BENGALURU, Nov 3 — Indonesia’s economy likely grew 5.05 per cent last quarter from a year earlier, supported by fiscal spending and a larger trade surplus, a Reuters poll of 21 economists found.