KUALA LUMPUR, Oct 8 — Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the Madani economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
HANOI, Oct 6 — Vietnam's gross domestic product (GDP) grew 7.4 per cent year-on-year in the third quarter on the back of strong exports and industrial production, government data showed today.
KUALA LUMPUR, Oct 3 — OCBC Global Market Research sees Malaysia meeting its fiscal deficit target of 4.3 per cent of gross domestic product (GDP) this year and expects the government to target an even narrower deficit of between 3.5 and 3.8 per cent in 2025.
KUALA LUMPUR, Oct 3 — CIMB Securities Sdn Bhd is projecting the fiscal deficit to narrow to 3.8 per cent of gross domestic product (GDP) in 2025 from an estimated 4.3 per cent this year, with the growth in government revenue expected to outpace operating expenditure (opex).
KUALA LUMPUR, Oct 1 — Malaysia's positive economic momentum is expected to be sustained in the coming months as the Leading Index (LI) grew at 5.2 per cent year-on-year (y-o-y) in July 2024.
KUALA LUMPUR, Sept 27 — As Malaysia continues to attract investors, Digital Minister Gobind Singh Deo is confident that the digital economy will meet, or even exceed, the projected 25.5 per cent contribution to Malaysia’s gross domestic product (GDP) by the end of 2025.
KUALA LUMPUR, Sept 26 — The government believes that the Amazon Web Services (AWS) Asia Pacific (Malaysia) Region’s projected RM57.3 billion contribution to Malaysia's gross domestic product (GDP) could be fast-tracked to 2032 from 2038, given its current pace of development, said Prime Minister Datuk Seri Anwar Ibrahim.
TAIPEI, Aug 22 — Taiwan's defence spending will rise 7.7 per cent next year, outpacing expected economic growth, the Cabinet said today, as the island adds more fighter jets and missiles to strengthen deterrence against a rising threat from Beijing.
JOHOR BAHRU, Aug 17 — The policy of improving the country’s fiscal position and the Madani Economy framework have boosted foreign investors’ confidence to continue investing in Malaysia, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Aug 16 — RHB Bank Bhd has revised its forecast for Malaysia's gross domestic product (GDP) growth in 2024 to 5.0 per cent year-on-year (y-o-y) from 4.6 per cent previously amid the growth acceleration in the second quarter (2Q) of 2024.
KUALA LUMPUR, Aug 16 — The second quarter 2024 (2Q 2024) growth of 5.9 per cent has put Malaysia in a comfortable position to cap off the year with a growth in the upper-end of the government’s official forecast range of 4.0 to 5.0 per cent.
KUALA LUMPUR, Aug 16 — The Malaysian economy’s robust expansion at 5.9 per cent in the second quarter of 2024 (2Q 2024) has driven the ringgit to close higher against the US dollar today.
KUALA LUMPUR, Aug 16 — Malaysia is well positioned to navigate external uncertainties, buoyed by a strong 5.9 per cent gross domestic product (GDP) growth in the second quarter of 2024 (2Q 2024), surpassing the earlier forecast of 5.8 per cent.
KUALA LUMPUR, Aug 16 — The ringgit is moving in the right direction as it reflects the nation’s economic fundamentals and strong prospects, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Aug 16 — Malaysia’s economy saw a robust expansion of 5.9 per cent in the second quarter of 2024 (2Q 2024) exceeding earlier prediction of 5.8 per cent, bolstered by resilient household spending, vigorous investment activities, and a significant boost in tourism arrivals.
KUALA LUMPUR, Aug 15 — MIDF Research estimated the full quarter gross domestic product (GDP) growth for the second quarter (2Q) to be around 6.1 per cent year-on-year (y-o-y), supported by robust growth in the services sector.
KUALA LUMPUR, Aug 14 — Bank Islam Malaysia Bhd anticipates Malaysia’s gross domestic product (GDP) growth to reach 6.0 per cent in the second quarter (2Q) of 2024, which is slightly above the Department of Statistics Malaysia’s (DOSM) advance estimate of 5.8 per cent.
KUALA LUMPUR, Aug 13 — The anticipation of better gross domestic product (GDP) data for the second quarter (2Q) has resulted in the ringgit gaining ground against the United States dollar at the close today.
CYBERJAYA, Aug 6 — The strengthening of the ringgit reflects the fundamentals of the country's economy and policies, said Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
KUALA LUMPUR, Aug 6 — The Malaysian economy is on the right track despite the risk of a recession in the United States, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
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