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Tag "Gross Domestic Product"

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Coronavirus likely to shrink Malaysia’s GDP in 2020

KUALA LUMPUR: The COVID-19 catastrophe will have a significant impact on Malaysia’s economy, with the gross domestic product (GDP) expected to decline to between 2.0 and 0.5% in 2020 versus 4.3% last year. However, Bank Negara Malaysia (BNM) estimated the

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BNM: 2019 GDP at 4.3%, affected by supply disruption in commodity sector

KUALA LUMPUR: Malaysia’s economy expanded by 3.6% in the fourth quarter of 2019, dragging the full-year Gross Domestic Product (GDP) growth to 4.3%, the lowest since the 2009 financial crisis amid supply disruptions in the commodity sector during the quarter.

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Dr M: Malaysia’s economy to grow 4.5% this year

KUALA LUMPUR: Malaysia’s economy is expected to expand by 4.5% this year, Prime Minister Mahathir Mohamad said today, down from the government’s initial estimate of 4.8%. Mahathir cited “challenging times” for the downwards revision to the government’s forecast, which was

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AG Report to govt: Increase revenue, spend wisely

KUALA LUMPUR: The Federal Government has been advised to continue with efforts to increase revenue through various sources and to adopt prudent spending, said the Auditor-General’s Report 2018, the Federal Government’s Financial Statements. In its recommendation, the audit suggested for

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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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