KUALA LUMPUR, June 13 (Xinhua) -- The World Bank on Monday maintained Malaysia's economic growth forecast this year at 5.5 percent. The growth is mainly driven by a robust rebound in consumption demand, World Bank said in a report. According to the Washington-based bank, Malaysia's private...
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...
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...
servicing, subsidies and social assistance. Subsidy rationalisation should yield savings of about 0.5% of GDP in 2024, with part of it meant for cash assistance for low-income groups. We forecast that the federal government deficit will decline to 3.7% of GDP in 2025 and further to 3.4% in...
The Malaysian economy showed rapid annual economic growth in 2022, at a pace of 8.7% year-on-year (y/y). This was the fastest annual GDP growth rate since 2000.
Langkawi Forecast Averages December Averages January Weather Overview for Langkawi , Malaysia Langkawi experiences a very warm and humid climate with average temperatures seeing very little variation throughout the year. With temperatures ranging from 24°C to 34°C and high levels of humidity,...
Malaysia GDP The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time....
Digital infrastructure is quickly becoming a cornerstone for businesses to achieve a competitive advantage and succeed in an increasingly important digital economy. In this forecast, we will share some innovations and digital trends that will shape the future of data centers and digital services, chang...
Now, the speculations are that the ringgit could go up to RM4 against the dollar as BMI, a unit of the Fitch group, revised its year-end forecast for the ringgit from 4.55 against the US dollar to 4.0, reflecting the local currency’s robust performance in the third quarter of 2024. ...
The Malaysia E-commerce Market size is estimated at USD 10.72 billion in 2024, and is expected to reach USD 20.93 billion by 2029, growing at a CAGR of 14.32% during the forecast period (2024-2029). The e-commerce market is experiencing growth due to increasing internet penetration, access...