KUALA LUMPUR, 23 Oct 2009: The country’s economy is expected to expand between 2% and 3% next year with all sectors of the economy projected to record positive growth, Prime Minister Datuk Seri Najib Razak said today. Najib, who is also Finance Minister, said the mining sector was forecast to achieve a 1.1% growth, manufacturing […]
growth
Current interest rates support growth
KUALA LUMPUR, 5 March 2009: The reduction in the overnight policy rate (OPR) by 2% from 3.5% previously is supportive of growth, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said today. “We have already reduced the OPR. We believe this is supportive of growth,” she said when asked if there was still room […]
Don’t be fooled by GDP numbers
By M ShanmugamNUMBERS, they say don’t lie. But at the same time, they do not paint the true picture as far as economic growth is concerned. Malaysia’s gross domestic product (GDP) barely stayed above water – registering a growth of 0.1% in the fourth quarter of 2008. Although technically we are not seeing a negative growth for […]
Asli projects 4% GDP growth
KUALA LUMPUR, 22 Jan 2009: The Asian Strategy and Leadership Institute (Asli) is projecting a 4% gross domestic product (GDP) growth for Malaysia this year. Asli’s senior research fellow in economics, Datuk Gan Khuan Poh, said the domestic economy would accelerate if there were proper policy responses, more lending from banks and a quicker roll-out […]
