Tag Archives: GDP

Wednesday, 8 March 2017   KUALA LUMPUR: The gross domestic product (GDP) of 3 East Coast states in Peninsular Malaysia is projected to grow by 1.5% at the current rate with the implementation of the East Coast Rail Link (ECRL) project, said Prime Minister Datuk Seri Najib Tun Razak. He …

Monday, 13 February 2017 KUALA LUMPUR: Maybank Investment Bank Research estimates that the real GDP growth for the fourth quarter of 2016 (4Q16) was 4.7% on-year, implying  a 4.3% full-year growth. The research house said on Monday that this forecast was slightly above its full-year estimate of 4.2%.  It said …

Saturday, 21 January 2017 CARACAS:  Venezuelan consumer prices rose 800% in 2016 while the economy shrank 18.6%, according to preliminary central bank figures, the sharpest economic contraction in 13 years and the worst inflation reading on record. An extended slump in oil prices has turned the OPEC nation’s once-prosperous economy …

Friday, 9 December 2016 HANOI: Vietnam is expected to post annual economic growth of 6.3% this year, slowing from last year, but still topping a World Bank forecast of 6%. Foreign exchange reserves would reach a record US$41 billion, Prime Minister Nguyen Xuan Phuc said on Friday, noting that actual …

Wednesday, 7 December 2016 SYDNEY: Australia’s economy shrank for the first time in over five years last quarter as businesses, consumers and government all cut back on spending, an unexpected blow that will challenge policymakers’ optimism for growth. The local dollar sank about half a cent after the Australian Bureau …

Tuesday, 6 September 2016 KUALA LUMPUR: Malaysia’s economic growth pattern is still higher than the average and will continue to be positive moving forward despite softer economic conditions regionally, says the World Bank on Tuesday. “Its growth pattern, whether down a few basis points or up, is still higher than …

Wednesday, 24 August 2016   SINGAPORE may have recorded its 21st straight month of negative inflation in July – its longest stretch of falling prices on record – but economists continue to stress that the country is not in a deflationary spiral. This is because the sub-zero headline reading – …

Saturday, 13 August 2016 KUALA LUMPUR: Malaysia looks set to achieve the gross domestic product (GDP) target of between four and 4.5 percent in 2016 despite a weaker growth in regional economies, an economist said. IQI Group Holdings chief economist/investment strategist Shan Saeed said Malaysia’s economic growth has been positive despite regional uncertainties …

Friday, 12 August 2016 KUALA LUMPUR: In line with the moderate growth pace of the global economy, the Malaysian economy grew 4.0 percent in the second quarter, leading to a 4.1 percent growth in the first half of 2016. In a statement, Bank Negara Malaysia (BNM) said domestic demand was stronger during the …

Saturday, 12 August 2017 : The Singapore economy grew by 2.9 per cent on a year-on-year (yoy) basis in the second quarter (Q2) of 2017, faster than the 2.5 per cent growth in the previous quarter, according to the Ministry of Trade and Industry (MTI) today. In releasing the latest economic …