KUALA LUMPUR (Nov 2): There were 100 public-private partnership (PPP) projects involving outstanding government commitments of RM135.1 billion as at end-June 2018, according to the Ministry of Finance's Economic Report 2018/19, titled Fiscal Outlook 2019.

The projects, said the report, ...

Govt committed RM135.1b to 100 PPP projects at end-June 2018

KUALA LUMPUR (Nov 2): Malaysian domestic demand, which is predicted to support the country's real gross domestic product (GDP) growth, is expected to remain resilient at 4.8% in 2019, according to the Ministry of Finance's (MoF) Economic Report 2018/19, titled Fiscal Outlook 2019 report.

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MoF: Malaysian domestic demand growth to remain resilient at 4.8% in 2019

KUALA LUMPUR (Nov 2): The federal government’s total revenue collected in 2018 is expected to increase by 7.3% to RM236.5 billion, according to the Ministry of Finance’s Economic Report 2018/19, titled Fiscal Outlook 2019.

The increase is contributed by higher direct tax collections and...

Govt revenue to rise 7.3% to RM236.5b in 2018 

KUALA LUMPUR (Nov 2): The construction sector is expected to improve in 2019 by 4.7% year-on-year (y-o-y), following an increase in new planned supply in the affordable homes and industrial segments, according to the Ministry of Finance's (MoF) Economic Report 2018/19, titled Fiscal Outlook 2019 ...

Construction sector to grow 4.7% y-o-y in 2019

KUALA LUMPUR (Nov 2): The Malaysian services sector is projected to grow 5.9% year-on-year (y-o-y) in 2019, reflecting expansion across all subsectors, according to the Ministry of Finance's (MoF) Economic Report 2018/19, titled Fiscal Outlook 2019 .

The MoF reported that the sector gre...

Services sector to grow 5.9% y-o-y in 2019, says MoF

KUALA LUMPUR (Nov 2): Malaysia's tax revenue is estimated to register RM174.7 billion in 2018, with direct tax collection constituting 76.4% of the total, according to the Ministry of Finance's Economic Report 2018/19, titled Fiscal Outlook 2019 released today.

This year's direct tax co...

Direct tax collection up 15%, but indirect tax down one-third

KUALA LUMPUR (Nov 2): The Malaysian manufacturing sector is forecast to expand 4.7% year-on-year (y-o-y) in 2019, supported by export-oriented industries, following continuous expansion in electrical and electronics (E&E) as well as chemicals and chemical product subsectors, according to the ...

MoF: Malaysian manufacturing sector to grow 4.7% y-o-y in 2019

KUALA LUMPUR (Nov 2): The Ministry of Finance (MoF) has forecast a growth rate of 4.9% for Malaysia next year, supported by sound domestic demand.

According to the MoF's Economic Report 2018/19, titled Fiscal Outlook 2019 report released today, the private sector expenditure is expected...

Malaysia economy to grow at 4.9% in 2019, says MoF

KUALA LUMPUR (Nov 2): Prime Minister Tun Dr Mahathir Mohamad said today the Government is always cautious and prudent in its decision to safeguard the interest of the people and nation to ensure a sustainable fiscal position.

According to the foreword by Dr Mahathir in the Finance Minis...

Dr M: Malaysia to maintain investment grade 'A' rating with strict fiscal discipline

KUALA LUMPUR (Nov 2): Malaysia's 2019 fiscal position will be set at a new base, which will reset the new fiscal consolidation trajectory moving forward to achieve a fiscal deficit 3.4% of gross domestic product (GDP).

The Finance Ministry said today in Economic Report 2018/19, titled F...

Malaysia 2019 fiscal deficit seen at 3.4% of GDP

PETALING JAYA (Nov 2): The overall household debt level stands at RM1.16 trillion – about 83.8% of gross domestic product (GDP) as at end-June 2018, said the Ministry of Finance (MoF) in its Economic Outlook 2019 report.

The debt level has been moderating since 2015 following macro prud...

Half of RM1.16 trillion household debt is housing loans

PETALING JAYA (Nov 2): As at September 2018, about 3,800 small and medium enterprises (SMEs) has joined the Digital Free Trade Zone (DTFZ) platform, stated the Economic Report 2019 by the Ministry of Finance (MoF) today.

The increasing number of participation in e-commerce and higher co...

More SMEs joining DTFZ, propping up e-commerce

KUALA LUMPUR (Nov 2): A total of RM314.6 billion is budgeted for the federal government's expenditure in 2019. In terms of gross domestic product (GDP), the budgeted amount is 0.3% higher than 2018's revised estimates.

Of this, a total of RM259.9 billion or 82.6% will be allocated for o...

Govt budgets RM314.6b for 2019 total expenditure

KUALA LUMPUR (Nov 2): Operating expenditure (OE) in 2018 is expected to increase by 8.2% from that of 2017's, largely due to higher allocation for subsidies and social assistance, supplies and services, emoluments, debt service charges and retirement charges.

The significant growth in s...

Operating expenditure to rise by 8.2% in 2018

SHANGHAI (April 28): A private jet linked to Tesla chief executive officer (CEO) Elon Musk landed in Beijing on Sunday, a flight tracking app showed, as two people with knowledge of the matter said the billionaire was kicking off a surprise visit to the automaker's second-biggest market.

Tesla CEO Elon Musk kicks off surprise trip to Beijing, sources say

BANGKOK (April 28): Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy.

Former exec Pichai named as Thai finance minister, faces growth challenges

RIYADH (April 28): The World Economic Forum’s (WEF) Special Meeting commences in Riyadh, Saudi Arabia on Sunday, to find solutions to a host of global challenges relating to humanitarian issues, the climate and the economy.

World Economic Forum’s Special Meeting commences in Riyadh

WASHINGTON (April 27): US President Joe Biden delivered an election-year roast on Saturday night at the annual White House Correspondents' Association dinner, as protesters outside criticised his support for Israel's war against Hamas.

Biden jabs Trump in election-year roast at correspondents' dinner

Companies Commission of Malaysia issues directive to Ewog’s trustee to freeze trust account funds

Companies Commission of Malaysia orders East West One Group’s trustee to freeze trust account funds

BEIRUT (April 28): France's foreign minister will push proposals to prevent further escalation and a potential war between Israel and Iran-backed Hezbollah during a visit to Lebanon on Sunday, as Paris seeks to refine a roadmap that both sides could accept to ease tensions.

France's foreign minister looks to prevent Israel-Hezbollah conflict escalation in Lebanon visit

KUALA LUMPUR (April 28): Malaysia is on a mission to explore various economic opportunities and attract new investments at the World Economic Forum (WEF) Special Meeting in Riyadh, Saudi Arabia, which will last two days starting Sunday.

Anwar on a mission to explore economic opportunities, attract new investments at WEF

RIYADH (April 28): Malaysian Prime Minister Datuk Seri Anwar Ibrahim arrived here on Saturday (April 27) night for a three-day working visit to participate in the World Economic Forum’s (WEF) Special Meeting.

Anwar arrives in Riyadh for World Economic Forum Special Meeting

HULU SELANGOR (April 27): The Selangor government, via several subsidiaries, including the Selangor Menteri Besar (Incorporation) or MBI, has signed memoranda of understanding (MOUs) with several technology companies in Germany, in an effort to further develop the state.

Selangor signs MOU with tech firms in Germany

(April 28): A higher-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value investment strategies in Asia.

Fed repricing gives rise to new equities playbook in Asia

Companies Commission of Malaysia issues directive to Ewog’s trustee to freeze trust account funds

Boustead Properties Bhd will unveil its latest transit-oriented development in Mutiara Damansara in the third quarter of 2024 (3Q2024). A redevelopment project of the eCurve mall, which began operating in 2006 and was closed in 2021, The Lines will be part of the developer’s efforts to elevate the neighbourhood through the Mutiara Damansara revitalisation plan. The overall plan will take about 10 to 15 years to complete with an estimated gross development value of RM8.9 billion.

Reimagining Mutiara Damansara

(April 28):&nbsp;A higher-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value investment strategies in Asia.&nbsp;

HULU SELANGOR (April 27): The Selangor government, via several subsidiaries, including the Selangor Menteri Besar (Incorporation) or MBI, has signed memoranda of understanding (MOUs) with several technology companies in Germany, in an effort to further develop the state.

RIYADH (April 28): Malaysian Prime Minister Datuk Seri Anwar Ibrahim arrived here on Saturday (April 27) night for a three-day working visit to participate in the World Economic Forum’s (WEF) Special Meeting.&nbsp;

Jazz luminary Tay Cher Siang and songstress Janet Lee share their journey through the vibrant world of jazz, each shaped by unique encounters and cultural influences. For Tay, a chance encounter with Astrud Gilberto’s Corcovado sparked a lifelong passion for jazz, rooted in Malaysia’s rich tapestry of sounds and traditions. His eclectic approach to music, termed “cham cham jazz”, celebrates the country’s multicultural essence, blending diverse elements into a harmonious fusion.&nbsp;

Jazz is their jam

KUALA LUMPUR (April 28): Malaysia is on a mission to explore various economic opportunities and attract new investments at the World Economic Forum (WEF) Special Meeting in Riyadh, Saudi Arabia, which will last two days starting Sunday.

BANGKOK (April 28): Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy.

RIYADH (April 28): The World Economic Forum’s (WEF) Special Meeting commences in Riyadh, Saudi Arabia&nbsp;on Sunday, to find solutions to a host of global challenges relating to humanitarian issues, the climate and the economy.&nbsp;

WASHINGTON (April 27): US&nbsp;President Joe Biden delivered an election-year roast on Saturday night at the annual White House Correspondents' Association dinner, as protesters outside criticised his support for Israel's war against Hamas.

BEIRUT (April 28): France's foreign minister will push proposals to prevent further escalation and a potential war between Israel and Iran-backed Hezbollah during a visit to Lebanon on Sunday, as Paris seeks to refine a roadmap that both sides could accept to ease tensions.

SHANGHAI (April 28): A private jet linked to Tesla chief executive officer (CEO) Elon Musk landed in Beijing on Sunday, a flight tracking app showed, as two people with knowledge of the matter said the billionaire was kicking off a surprise visit to the automaker's second-biggest market.

Economic Report 2018/2019

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Economic Report 2018/2019

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