Discover the wild ride of Malaysia's economy in 2023, from booming rubber exports to a PM forgoing his salary. Find out more!
In 2023, Malaysia raked in RM27.16 billion from rubber exports, with a significant portion of RM19.04 billion attributed to rubber gloves alone. The Malaysian Rubber Council revealed that the top export destinations were the US and the EU, showcasing the country's robust trade in the rubber industry. Meanwhile, the debut of the first offshore patrol vessel (OPV1) fully constructed in Malaysia marked a milestone in the nation's maritime capabilities, as it embarked on surveillance operations in the South China Sea.
On the aviation front, Malaysia Aviation Group's Managing Director, Datuk Captain Izham bin Ismail, took center stage as a keynote speaker at the Routes Asia 2024 conference, emphasizing Malaysia's prominence in the airline industry. Prime Minister Datuk Seri Anwar Ibrahim's decision to forgo his salary garnered attention, showcasing his commitment to the country's welfare in challenging times.
Despite economic challenges, Malaysia's trade surpassed RM2 trillion for the third consecutive year in 2023, albeit experiencing an 8% drop in exports. As the country grappled with a labor shortage and decreased global demand, the economy grew by 3.4% in the fourth quarter, slightly missing estimates.
KUALA LUMPUR, Jan 18 — Malaysia has earned RM27.16 billion from rubber exports in 2023, with 70 per cent, or RM19.04 billion coming from rubber gloves, ...
The top two export destinations are the US and EU, says the Malaysian Rubber Council.
KUCHING: The first offshore patrol vessel (OPV1) fully built in Malaysia has officially commenced its first operation by undertaking surveillance in the ...
Malaysia Aviation Group Managing Director Datuk Captain Izham bin Ismail has joined the Routes Asia 2024 conference programme as a keynote speaker.
CYBERJAYA, Jan 18 — Prime Minister Datuk Seri Anwar Ibrahim remains steadfast in his decision not to take his salary for the positions he has held since ...
On January 15, 2024, CHiQ Electric (Malaysia) SDN BHD, in collaboration with its exclusive distributor for the region, TP AUDIO SDN BHD (TPA), convened the ...
Malaysia Airlines is seeking a partnership with an Indian carrier to increase its presence in the Indian aviation market, with the airline ready to work ...
KUALA LUMPUR -- Malaysia's largest electronics chain, Senheng New Retail, plans to stop opening new brick-and-mortar stores from 2026, according to it.
JANUARY 19 — The perplexing phenomenon widely recognised as “brain drain” has burgeoned into an all-encompassing challenge globally, especially prevalent ...
According to the study by the Japan External Trade Organization, the manufacturing and retail sectors are most affected.
KUALA LUMPUR: Malaysia's trade fell 7.3 per cent to RM2.637 trillion in 2023 dragged by slower global demand, lower commodity prices, ...
KUALA LUMPUR (Jan 19): Malaysia's trade exceeded RM2 trillion for the third consecutive year in 2023 at RM2.64 trillion, albeit down 7.3% compared with 2022 ...
For the full year, exports slid 8.0%, imports fell 6.4% and the trade surplus dropped 16.4% to MYR214.10 billion, amid lower commodity prices, geopolitical ...
KUALA LUMPUR: Despite a challenging global economic landscape, Malaysia's trade exceeded RM2 trillion for the third consecutive year to reach RM2.64 ...
The department began releasing preliminary estimates on quarterly economic performance in October last year, citing demand for more timely statistics and to ...
The country's gross domestic product rose 3.4% in the final three months of 2023, undershooting economists' expectations.
(Bloomberg) -- Malaysia's economy grew at a slower-than-estimated pace in the fourth quarter, signaling that a firmer recovery is taking longer than ...
A slowdown in construction and stagnant manufacturing activity weighed on the economy. Read more at straitstimes.com.
KUALA LUMPUR: Malaysia's economy is estimated to grow by 3.4 per cent in the fourth quarter of 2023 (4Q 2023), as compared to 3.3 per cent in the previous ...
MALAYSIA'S economy grew at a slower-than-estimated pace in the fourth quarter as exports to China fell, signalling that a firmer recovery is taking longer ...
(Jan 19): Malaysia's economy grew at a slower-than-estimated pace in the fourth quarter on 2023 (4Q2023), as exports to China fell, signalling that a firmer ...
The finance ministry says eligible households and single senior citizens will receive a monthly cash aid of RM100 each while other singles will get RM50.
KUALA LUMPUR: Malaysia's economy grew at a slower-than-estimated pace in the fourth quarter as exports to China fell, signalling that a firmer recovery is ...
Bank Negara Malaysia (BNM) will leave its overnight policy rate (OPR) unchanged at 3.00% on Jan. 24 and hold it there until at least end-2025 as price ...
[KUALA LUMPUR] Malaysia's economic growth in 2023 is expected to have expanded at a slower-than-expected pace due to lower exports. The country's gross domestic product (GDP) growth is projected to have grown by 3.4 per cent in the fourth quarter last ...
KUALA LUMPUR: RHB Investment Bank Bhd (RHB IB) maintained its sanguine view of Malaysia's trade outlook for 2024, with exports to rebound by 4.3 per cent ...
[KUALA LUMPUR] Malaysia's economic growth in 2023 is estimated to have expanded at a slower-than-expected pace due to lower exports. The country's gross domestic product (GDP) is projected to have grown by 3.4 per cent in the fourth quarter last year, ...
[KUALA LUMPUR] Malaysia's economic growth in 2023 is estimated to have expanded at a slower-than-expected pace due to lower exports.
KUALA LUMPUR: Malaysia is well-positioned to reap significant benefits from the opportunities arising from the global economic shift, said HSBC Bank ...
Malaysia's exports, which dropped much lower than anticipated in December 2023, is expected to get a boost from an anticipated upturn in the global ...
KUALA LUMPUR: Malaysia missed its 4-5 per cent growth target for gross domestic product (GDP) in 2023, according to advance GDP estimates by the Department ...
KUALA LUMPUR: As Mr Chia Mui Seng removes a sheet covering his unused fishing nets, he discovers a huge colony of ants that has made a nest in them.
Jadestone Energy plans to step up production drilling offshore Peninsular Malaysia, while focusing on repair and maintenance work offshore Australia.
MALAYSIA'S involvement in Antarctic research started in 1999, when Malaysian researchers under the auspices of the Malaysian Antarctic Research Programme ...
KUALA LUMPUR: RHB Investment Bank (RHBIB) has maintained its projection that Malaysia's gross domestic product (GDP) will grow by 4.6 per cent in 2024.
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