PM Anwar: Govt Comfortable With 4Q Results, Expects Malaysia’s 2023 GDP To Grow By 4-5%
Asked if his administration would maintain the fiscal deficit at 5.5 per cent of the GDP for 2023, Anwar said the government would have to gradually reduce the deficit, but it should not be at the expense of public welfare, or the poor’s education and health.
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RCEP, CPTPP To Alleviate Malaysia’s 2024 External Trade Performances
This indicated that the full reopening of the economy resulted in a continued strong recovery in purchases of foreign-made intermediate goods (+29.3%) and consumption goods (+24.1%). Recovery in investment activities also saw increased imports of capital goods (+15.9%). The value of total trade rose to a new high at RM2.85t last year, surging by +27.8% from 2021.
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MGTC – A Guiding Light Towards Malaysia’s Sustainable Future
As a new roadmap to achieve sustainable development, the United Nations in 2015 approved the 2030 Agenda for Sustainable Development that sets out the Sustainable Development Goals (SDGs) — a series of goals to protect the planet and guarantee social well-being. By adopting this, nations have committed themselves to mobilise all means for its implementation. With the world facing a potential climate crisis – water shortages, drought, hunger, extreme weather – SDGs are to ensure a commitment and balance between economic growth, preservation of the environment and social well-being.
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Malaysian Economic Indicators Denote Strong Performance Although Growth To Moderate in 2023, States DOSM’s MSER
The Department of Statistics Malaysia (DOSM) in its release titled ‘Malaysian Economic Statistics Review (MESR), Volume 1/2023’ today (Jan 31) cited natural rubber production fell by 8.0 per cent in November 2022 to 28,048 tonnes from 30,493 tonnes in the same month in 2021. On a monthly basis, natural rubber production decreased by 11.8 per cent as against 31,795 tonnes in October 2022.
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MIDF Expects Conservative FY23 For Bursa Malaysia
Total revenue in FY22 fell -21.4%yoy dragged by securities trading revenue which declined -40.5%yoy. This was due to lower ADV (OMT), contracting – 41.5%yoy to RM2.07b as trades from domestic institutions and a retail segment came lower by -37.5%yoy to RM965m and –58.8%yoy to RM550m respectively. In particular, MIDF said it saw the normalisation of retail trades to pre-pandemic level. This was exacerbated by the volatility in the global equities market induced by US Fed aggressiveness last year.
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December Monetary And Financial Highlights: BNM
Core inflation edged lower but remained high at 4.1% during the month (November: 4.2%). The lower core inflation largely reflected lower inflation for repair and maintenance for personal transport, bread and bakery products, and lotteries and gambling.
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Bursa Malaysia Sets Sight On 39 IPO Listings With RM10 Billion Market Cap In 2023
“We have seen listings of six companies in the ACE Market and one in the Main Market in the first month of 2023. Given the level of oversubscription, this has attracted interest from other small and medium-sized enterprises, which is the target market for ACE Market,” he said during Bursa Malaysia’s media briefing for the financial year ended Dec 31, 2022 (FY2022) here today.
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