KUALA LUMPUR, 17 March 2009: The Malaysian Institute of Economic Research (MIER) forecasts the country’s gross domestic product (GDP) will contract 3.8% this year, which is its worst-case scenario. MIER executive director Datuk Dr Mohamed Ariff Abdul Kareem said on 16 March that MIER expected investments to shrink 4.6% and exports to contract 9.8%. Speaking […]
manufacturing
M’sian manufacturing remains competitive
KUALA LUMPUR, 10 Feb 2009: The manufacturing sector in Malaysia remained a competitive destination for foreign direct investment (FDI) inflows last year, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said today. Investments in the sector in 2008 were the highest recorded to-date and more than doubled the targeted RM27.5 billion per annum set […]
