By Yasmin Ramlan  KUALA LUMPUR, May 28 — Although it will not be an easy feat, Menteri Besar Dato’ Seri Amirudin Shari is confident Selangor can surpass the impressive 25.5 per cent contribution to the national gross domestic product (GDP) it recorded in 2022.  This can be realised through...

KUALA LUMPUR, May 17 — RHB Investment Bank Bhd (RHB IB) expects Malaysia’s economic growth to accelerate above five per cent year-on-year (y-o-y) in the second quarter of 2024 (2Q 2024) and likely persist into the next quarter.

KUALA LUMPUR, May 17 — MIDF Research has maintained its 2024 gross domestic product (GDP) growth forecast at 4.7 per cent, as positive growth momentum is expected to continue in the coming quarters.

KUALA LUMPUR, April 8 — BMI, a Fitch Solutions company, has maintained its forecast that Malaysia’s fiscal deficit will narrow to 4.3 per cent of the gross domestic product (GDP) this year from 5.0 per cent in 2023.

KUALA LUMPUR, April 5 — Ambank Group Bhd has maintained its forecast for Malaysia’s real gross domestic product (GDP) growth this year at 4.5 per cent, which falls at the mid-point of Bank Negara Malaysia’s (BNM) projection due to higher private consumption and net exports.

KUALA LUMPUR, Feb 15 — The ringgit opened firmer against the US dollar today ahead of the fourth quarter (4Q) 2023 gross domestic product (GDP) announcement by Bank Negara Malaysia (BNM) tomorrow, an analyst said.

KUALA LUMPUR, Feb 10 — The ringgit is expected to trade range-bound in a cautious mode, hovering around the RM4.76 level with an upside bias against the US dollar next week, said an analyst.

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.

NEW YORK, Aug 31 — The US dollar lost in late trading on Wednesday, as new data indicated that the US economy may not be as hot as previously thought, reported Xinhua.

By Fhatihah Zakinan HULU LANGAT, Aug 10 — Dato' Seri Amirudin Shari is relying on facts and figures to counter Perikatan Nasional's (PN) false narrative that Pakatan Harapan (Harapan) and Barisan Nasional (BN) have failed to properly administer Selangor and Malaysia. The state menteri besar...

SHAH ALAM, Aug 7 — Dato' Seri Amirudin Shari may not have an economic background, but he has succeeded in driving Selangor to become the most advanced state and nations' main gross domestic product (GDP) contributor since helming the administration in 2018.

By Norrasyidah Arshad SHAH ALAM, July 3 — Selangor's contribution of 25.5 per cent to the national gross domestic product (GDP) is a clear indication that the state's plans and strategies have produced the desired results, said Dato' Teng Chang Khim. The executive councillor for investment...

By Nasuha Badrul Huzaini SHAH ALAM, Jan 16 — More investments are expected to come into Selangor this year following the reopening of China’s borders, says state executive councillor for trade, industry and investment Dato’ Teng Chang Khim. He said that based on investment records in recent...

SINGAPORE, Jan 3 — Singapore's economy grew 3.8 per cent in 2022, preliminary data showed on Tuesday, beating government expectations but slower than the previous year.

By Zareef Muzammil SHAH ALAM, Jan 2 — The Selangor government is offering various incentives to attract investors following the predicted global economic growth slowdown this year. State executive councillor for investment Dato’ Teng Chang Khim said incentives are offered in the form of tax...

KUALA LUMPUR, Dec 16 — Hong Leong Investment Bank Bhd Research (HLIB Research) projects Malaysia’s gross domestic product (GDP) growth to moderate to 4.0 per cent year-on-year (y-o-y) in 2023 as the base effects and initial boost from pent-up demand wane.

By Zareef Muzammil SABAK BERNAM, Oct 14 — Selangor has recorded a revenue of RM2.065 billion as of October 10, surpassing the state’s initial target of RM2.05 billion early this year. Menteri Besar Dato’ Seri Amirudin Shari said the revenue was achieved following strong collaboration from all...

By Mustakim Ramli SHAH ALAM, Sept 4 — Small-and-medium enterprises (SME) alongside entrepreneurs from the manufacturing, retail and services sectors consist of the largest contributors to the Gross Domestic Product (GDP) at over 70 per cent, said state executive councillor for entrepreneur...

KUALA LUMPUR, Aug 18 — The Selangor State Development Corporation (PKNS) is developing a building designed to be a one-stop centre for aspiring entrepreneurs under PKNS' programmes.

By Nasuha Badrul Huzaini SHAH ALAM, July 7 — Selangor anticipates its gross domestic product (GDP) to expand by 6.3 per cent this year, up from the 5 per cent it did last year, says state executive councillor for investment Dato’ Teng Chang Khim. He said the anticipation is a result of the...