Malaysian Economy

via NST: KUALA LUMPUR: Malaysia is a resilient economy with the ability to bounce back due to strong economic fundamentals backed by a sound financial system, said former Bank Negara Malaysia governor Tan Sri Zeti Akhtar Aziz. Speaking from her experience as the Central Bank head for 16 years, Zeti said …

via THE EDGE MARKETS: KUALA LUMPUR (July 10): The removal of goods and services tax (GST) is seen as a potential positive on the Malaysian economy as it would free up more disposal income, though it may take six months or more before the actual impact could be thorougly assessed, …

via NEW STRAITS TIMES: KUALA LUMPUR: Manufacturing and a construction industry boom will be key contributors to positive employment growth for Malaysia in the coming year, and fostering growth in the banking and finance sectors, said Kelly Services in its Malaysia Salary Guide for 2018/19. The report indicates that this growth …

via The Star: Solid fundamentals but fiscal condition needs to be improved, says Finance Minister KUALA LUMPUR: New Finance Minister Lim Guan Eng has reiterated that the Malaysian economy remains strong with solid fundamentals despite the need to improve the current fiscal condition. He said this when fielding questions by journalists …

via The Star: PETALING JAYA: The Malaysian economy grew faster than had been forecast last year, but economists are looking at the high base effect, a slower pace of export growth and external conditions to impact Malaysia’s growth prospects this year. Overall, economic growth as measured by gross domestic product (GDP) …

via theSundaily : KUALA LUMPUR: The Malaysian economy is expected to register healthy growth in 2018, and further reduction of the deficit, according to Prime Minister Datuk Seri Najib Abdul Razak. Najib said as reported by the World Bank, the Malaysian economy was progressing from a position of strength. “We continue …

via NST : KUALA LUMPUR: Moody’s Investors Service said Malaysia’s resilient economic growth, deep domestic capital markets, large international asset position and large export proceeds mitigate the sovereign’s vulnerability to sudden shocks. The agency also believes Malaysia will be able to maintain its strong growth trends. “In particular, the country’s highly …

via the sun daily : PETALING JAYA: Budget 2018 is inclusive and well balanced, covering broad-based society despite no big measures being announced, say economists, calling it a “good” budget. “We’ve not seen anything for the M40 (middle 40) in the past two years, all this while the government has been …

via theSunDaily : KUALA LUMPUR: Malaysia’s economy is set to grow this year with gross domestic product (GDP) likely to be above 5%, beating the 4.2% in 2016, said CIMB Group Holdings Bhd Chairman Datuk Seri Nazir Razak. Nevertheless, the cautious global economic growth in the second half of this year …

Via Malay Mail Online : KUALA LUMPUR, May 22 — BMI Research maintained today its 4.7 per cent real gross domestic product (GDP) growth forecast this year amid a brightening external and domestic outlook. The Fitch Group company highlighted the receding risks of rising global protectionism and stabilisation of oil prices, …

Via The Star : PETALING JAYA: Malaysia remains a pivotal part of China’s economic expansion in Asean, despite the disparity in economic output between the two countries. The year has just started but Chinese investors remain very much in the limelight, for better or worse, with Geely Automobile Holdings Ltd said …

Via AsiaOne : Malaysia is fast becoming an aged nation. And it isn’t ready. In 2006, we hit the ageing status and by 2030, we’ll be aged. Lack of care centres for the aged, infrastructure and money are why we’re struggling. Describing the situation as “dire if we do nothing”, Employees …