Malaysia’s GDP To Grow Above 5.0 pct In 2024 – Analysts

KUALA LUMPUR, Two investment banks have kept their projections for Malaysia’s economic growth above 5.0 per cent for 2024, attributing this to a supportive domestic economic environment and a recovery in external demand.

Hong Leong Investment Bank (…

MOSTI Launches RDC In Sibu To Promote STIE Values

SIBU, The Ministry of Science, Technology, and Innovation (MOSTI) has launched a Creativity Room (RDC) in Sibu, to promote the values of Science, Technology, Innovation, and Economy (STIE) within the community, particularly in rural areas.

The RDC i…

Foreign Investors Net Purchased RM798.3 Mln Equities Last Week – MIDF

KUALA LUMPUR, Foreign investors net purchased RM798.3 million worth of equities in Malaysia for the fourth week in a row, said MIDF Amanah Investment Bank Bhd (MIDF).

In its fund flow report for the week ended Sept 6, 2024, MIDF said foreign investo…

China Kicks Off International Fair To Elevate Investment, Trade

KUALA LUMPUR, The 24th China International Fair for Investment and Trade (CIFIT), which kicked off in Xiamen, Fujian Province, was participated by 119 countries and regions and 18 international organisations, of which about 80 per cent are in the joi…

Wholesale And Retail Trade Sales Rise 6.7 Pct To RM149 Bln In July 2024

KUALA LUMPUR, Sales of Malaysia’s wholesale and retail trade rose 6.7 per cent year-on-year (y-o-y) to RM149 billion in July 2024, according to the Department of Statistics Malaysia (DoSM).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the…

Malaysia Enjoys Better International Recognition Now Due To Strategic Cooperation With China, Russia — PM Anwar

CYBERJAYA, Prime Minister Datuk Seri Anwar Ibrahim said Malaysia enjoys better international recognition now due to strategic cooperation with major powers such as China and Russia.

Anwar, who is also the finance minister, said the cooperation does …

PPP Projects In Selangor Contribute RM71 Billion In Private Investment – MB

CYBERJAYA, The implementation of Public-Private Partnership (PPP) projects has spurred economic development in Selangor, contributing an estimated RM71 billion in private investment to the state, said Menteri Besar Datuk Seri Amirudin Shari.

He said…