News About economy

Sluggish income growth among youth, low-income households contributes to 'left-behind' perception, says World Bank

Dec 09

KUALA LUMPUR (Dec 9): Slowing income growth among lower-income households and young workers has contributed to perceptions of being "left behind", the World Bank said in its latest Malaysia Economic Monitor report themed "Making Ends Meet".

Morgan Stanley expects Malaysia's economic recovery to be muted

Nov 18

KUALA LUMPUR (Nov 18): Malaysia's economic recovery is likely to be a muted one due to soft oil prices, ongoing fiscal consolidation, and subdued private capital expenditure (capex) momentum amid lingering political uncertainty, according to Morgan Stanley Research's 2020 Asia Economic Outlook.

BNM Governor: Malaysia economic growth 'will remain positive' in 4Q

Nov 15

KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said today Malaysia's economic growth will remain positive in the fourth quarter of 2019 (4Q19) and the expansion will be sustained into 2020, anchored by the country's private sector spending and diversified nature of its economy and exports.

Malaysia Sept wholesale, retail sales up 5.6% at RM110.6b

Nov 12

KUALA LUMPUR (Nov 12): Malaysia's wholesale and retail trade sales grew 5.

World Bank: Risks to Malaysia's growth outlook tilt towards downside

Oct 10

KUALA LUMPUR (Oct 10): Risks to Malaysia's economic growth outlook continue to tilt towards the downside in anticipation that a sharper-than-expected slowdown in major economies, unresolved trade tension and a maturing global technology cycle could weigh on the country's export demand in the near term.

Bank Negara, SC lead new committee on climate change

Sep 27

KUALA LUMPUR (Sept 27): Bank Negara Malaysia (BNM) and the Securities Commission (SC) are leading the newly-formed joint committee on climate change (JC3) to spur the Malaysian financial sector towards a low-carbon economy.

Malaysia's economy grows 4.5% in 1Q19

May 16

KUALA LUMPUR (May 16): Malaysia's economy grew 4.

Malaysian economy to grow at slower pace in June-August — Statistics Department

Apr 25

KUALA LUMPUR (April 25): The Malaysian economy is expected to grow at a slower pace from June to August 2019, the Statistics Department said today, citing its economic indicators based on the leading, coincident and lagging indexes.

Economy to shrink 0.11% on every 1% slowdown in China

Mar 13

KUALA LUMPUR (March 13): When growth slows in China, the world’s second-largest economy, the global economy would be affected and Asian economies, including Malaysia, will be the most impacted, according to MIDF Research.