Looking ahead, BNM had in November 2022 projected that the Malaysian economy would grow by a slower 4.0% - 5.0% in 2023 in the face of continuing headwinds such as the disruption to global supply chains, uncertain financial situation and geopolitical conflicts. In media interviews, BNM Governor ...
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Malaysia's GDP is expected to expand by over 4 percent this year, driven mainly by trade and investments. Southeast Asia's third-biggest economy is also focusing on low carbon technology and extending targeted subsidies to promote sustainab...
Fitch also expected Malaysia's economy to expand by 5.2 percent in 2024, then slow to 4.5 percent in 2025 and 4.3 percent in 2026. Steady labor market conditions and an income boost from pay hikes for civil servants in December 2024 and January 2026 should support household spending, with g...
KUALA LUMPUR, April 6 (Xinhua) -- The Asian Development Bank (ADB) said Wednesday that it foresees the Malaysian economy to grow 6 percent this year and 5.4 percent in 2023. "Growth recovered in 2021, supported by rising global demand for manufactured exports and terms-of-trade gains from ...
This statistic shows the average inflation rate in Malaysia from 1987 to 2023, with projections up to 2029. In 2023, the average inflation rate in Malaysia amounted to about 2.49 percent compared to the previous year. Malaysia's economy is slowly recovering The inflation rate is the annual rate...
Find Malaysia’s latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists.
To support Malaysia’s effort towards a circular economy, a number of key investments have been made to introduce more advanced production and recycling technologies in the country. Coca-Cola Malaysia, in partnership with Aeon Malaysia, Hiroyuki Industries, and Trash4Cash, launched the Recycle Me!
Economic outlook The Malaysian economy rebounded strongly during 2022, with economic growth momentum boosted by the easing of COVID-19 restrictive measures as well as buoyant exports of electrical and electronic products, palm oil products as well as oil and gas exports. ...
master plans, road maps and legislation that the government had announced last year. These plans include the National Energy Transition Road-map, New Industrial Master Plan and the Madani Economy, an economic framework that aims to transform Malaysia into one of the 30 biggest economies in the wo...