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KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist.
KUALA LUMPUR, Feb 18 (Bernama) -- The Malaysian Digital Economy Corporation (MDEC) will support Malaysia to achieve or surpass the 25.5 per cent digital economy contribution to gross domestic product (GDP) by the end of 2025, said its chief executive officer (CEO) Anuar Fariz Fadzil.
KUALA LUMPUR, Feb 17 (Bernama) -- Grab’s on-demand services, including ride-hailing and delivery, contributed RM9.9 billion to the Malaysian economy in 2023, according to a new report by local economics consultancy firm EconWorks.
KUALA LUMPUR, Feb 17 (Bernama) -- Hong Leong Investment Bank (HLIB) expects Malaysia to withstand the impact of renewed US trade tensions even as President Donald Trump moves to reintroduce tariffs.
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.
KUALA LUMPUR, Feb 17 (Bernama) -- The current account (CA) surplus surged to RM11.4 billion or 2.3 per cent of gross domestic product (GDP) in 4Q 2024, up from RM2.2 billion (0.4 per cent of GDP) in 3Q 2024, which is the highest in three quarters.
KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit opens higher against the US dollar and ASEAN currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.
KUALA LUMPUR, Feb 15 (Bernama) -- The strong gross domestic product (GDP) growth of 5.1 per cent in 2024 is a testament to the effectiveness of the MADANI Economy policies, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Feb 14 (Bernama) -- ASEAN is on track to become the world's fourth-largest economy by 2030, but growth must be inclusive to ensure that all communities benefit, said Natural Resources and Environmental Sustainability Minister, Nik Nazmi Nik Ahmad.
KUALA LUMPUR, Feb 14 (Bernama) -- Ministry of Investment, Trade and Industry (MITI) will continue its efforts to attract more investment, boost trade, and develop local industries following a strong 2024 gross domestic product (GDP) performance.
