Malaysia’s economic performance has been sustained with positive outlook providing impetus for expansion among its various industries. With projected gross domestic product (GDP) at 4.6% for 2024, as per RHB Investment Bank’s forecast, there is much optimism due to improvements in the global and...
Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Malaysia News - was last updated on Wednesday, November 13, 2024.
ECONOMIC developmentVOTINGSix states in Malaysia concluded their elections on August 12, 2023, fiercely contested by major party coalitions. Major changes have taken place in seat composition for the respective state assemblies. How did the respective coalitions campaign and fare at the s...
Chief Statistician Datuk Ser Dr Mohd Uzir Mahidin was quoted by Bernama as saying that 8.81 million jobs were recorded in the first quarter of 2023. HR Asia reported that Malaysia’s job market remains robust throughout 2024, with “companies continuing to hire in line with ongoing economic e...
Despite a relatively high Q4 2022 growth rate, Malaysia is likely to face a downtrend in most key economic indicators from mid-2023 onwards until Q1 2024. There could be spillover effects from other economies hit by recession. The increase in power tariffs, while not affecting consumers directly...
3https://www.miti.gov.my/miti/resources/Media%20Release/MEDIA_RELEASE_RATIFICATION_OF_THE_REGIONAL_COMPREHENSIVE_ECONOMIC_PARTNERSHIP_(RCEP)_AGREEMENT_FINAL_21_JANUARY_2022.pdf 4https://www.weforum.org/agenda/2023/04/growth-summit-2023-world-biggest-trading-blocs/ ...
3.1 Economic Performance 3.2 Political Environment and Policy 3.3 Demographics 3.4 Covid-19 Status 3.5 Risk Profile 4 Construction Outlook 4.1 All Construction Outlook Latest News and Developments Construction Projects Momentum Index 4.2 Commercial Construction Outlook Project AnalyticsLa ...
At its final policy meeting of the year, Bank Negara Malaysia (BNM) maintained its overnight policy rate at 3.00%, as widely expected and where it has been since May 2023. The central bank said its monetary policy stance remains supportive of the economy and aligns wi...
Base Year For Estimation2023 Market Size (2024)USD 24.57 Billion Market Size (2029)USD 36.63 Billion CAGR (2024 - 2029)8.31 % Market ConcentrationLow Major Players *Disclaimer: Major Players sorted in no particular order Malaysia ICT Market Analysis ...
Malaysia’s GDPgrew by 3.7%in 2023, below the government’s target of 4.0% to 5.0%. The government attributed the weaker-than-expected performance to “weakness in external demand.” Malaysia’s currency, the ringgit, hasalso weakenedin recent months, making imported goods...