Malaysia's GDP Growth To Remain Solid At 4.9 Pct In 2025 - Investment Banks

KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks.

5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy

KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

Services Sector Revenue Up 6.3 Pct To Record High Of RM2.4 Trillion In 2024 - DOSM

KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today. 

OPR Continues To Be Supportive Of The Economy -- BNM Governor

KUALA LUMPUR, Jan 22 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting:-

Government Wage Revisions, Minimum Wage Hike To Boost Malaysians' Quality Of Living 

KUALA LUMPUR, Jan 22 (Bernama) -- Malaysians’ quality of living is set to improve following next month’s minimum wage rise and civil service salary adjustment.

Salary Hike A Boon For Retail, Travel Sectors

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Jan 20 (Bernama) -- The government's move to raise the salaries of civil servants and the minimum wage is set to positively impact the retail and travel sectors, which rely heavily on consumer spending.

Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.

Gradual Salary Adjustment Could Strengthen Malaysia's Credit Profile - Analyst

KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said. 

MOH Welcomes BNM's Interim Measures To Regulate Insurance, Takaful Premiums

KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.

Malaysia Can Emerge As Regional Focal Point For Multinational Firms In ASEAN - Economist

By Mikhail Raj Abdullah

KUALA LUMPUR, Dec 5 (Bernama) -- Malaysia can leverage its mature digital infrastructure and skilled workforce to become the focal point for regional headquarters of multinational companies (MNCs) and high-skilled services and manufacturing.

Ensure Budget And Economic Growth Benefits Reach Grassroots - PM Anwar

PUTRAJAYA, Dec 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the country's budget and development framework is aimed at not only driving economic growth but also ensuring that its benefits reach the grassroots level.