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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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