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Stimulus package will add 1.4 percentage to the country’s GDP this year

KUALA LUMPUR: The RM20 billion economic stimulus package will roughly add about 1.4 percentage points to the country’s Gross Domestic Product (GDP) in 2020, which has already been revised lower to between 3.2-4.2% from the government’s earlier target of 4.8%.

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GDP growth 4.9% in second quarter 2019

KUALA LUMPUR: Malaysia’s economy expanded 4.9% in the second quarter of 2019 (2Q19), after posting a growth of 4.5% during 1Q19, according to the Department of Statistics (DOS) Malaysia. DOS chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said

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Singapore slashes GDP forecast to the range of 0% to 1%

SINGAPORE: Singapore slashed its full-year economic growth forecast on Tuesday as global conditions were seen worsening and data confirmed the slowest growth rate in a decade amid mounting fears of recession in the city-state. The government cut its forecast range

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MIER: Malaysia to post moderate GDP growth of 4.5 pct this year

KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) has forecast Malaysia’s 2019 gross domestic product (GDP) to post a moderate growth of 4.5 percent compared with 4.7 percent last year. Executive director Emeritus Professor Dr Zakariah Abdul Rashid said

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