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Malaysia Central Bank Cuts Policy Rate For First Time Since 2020
Malaysia's central bank lowered its key interest rate for the first time in five years on Wednesday to underpin economic growth amid the ongoing trade tariff uncertainty. The Monetary Policy Committee of Bank Negara Malaysia decided to reduce the Overnight Policy Rate by 25 basis points to 2.75 percent. The ceiling and floor rates of the corridor of the OPR were correspondingly reduced.
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vor 1 Tagen
Malaysia Manufacturing PMI Improves In June - S&P Global
The manufacturing sector in Malaysia continued to contract in June, albeit at a slower pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 49.3.
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vor 10 Tagen
Malaysia Manufacturing PMI Ticks Higher In May - S&P Global
The manufacturing sector in Malaysia continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 48.8.
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vor 38 Tagen
Malaysia GDP Growth Softens As Estimated
Malaysia's economic growth slowed to the weakest in a year in the first quarter, as estimated, and the economy is projected to log weaker growth this year than the official estimate due to trade tensions. Gross domestic product advanced 4.4 percent on a yearly basis in the first quarter, slower than the revised 4.9 percent growth posted in the fourth quarter, data from the Bank Negara Malaysia re
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vor 55 Tagen
Malaysia Manufacturing Sector Softens In April - S&P Global
The manufacturing sector in Malaysia continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 48.6.
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vor 70 Tagen
Malaysia GDP Expands More Than Estimated
Malaysia's economy expanded more than previously estimated in the fourth quarter on household spending and investment, official data showed on Friday. Gross domestic product expanded 5.0 percent year-on-year in the fourth quarter. This was revised up from the prior estimate of 4.8 percent and follows 5.4 percent growth registered in the third quarter.
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vor 147 Tagen
Malaysia Manufacturing PMI Improves In January - S&P Global
The manufacturing sector in Malaysia continued to contract in January, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a PMI score of 48.7
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vor 158 Tagen
Malaysia Central Bank Holds Key Interest Rate Steady At 3%
Malaysia's central bank left its benchmark interest rate unchanged on Wednesday as policymakers expect the economy to sustain growth and inflation to remain manageable.
The Monetary Policy Committee of Bank Negara Malaysia, led by Governor Abdul Rasheed Ghaffour decided to maintain the Overnight Policy Rate at 3 percent, as widely expected.
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vor 169 Tagen
Malaysia Economy Logs Slower Growth
Malaysia's economy logged a softer growth in the fourth quarter as expansions in manufacturing and construction weakened but the overall growth for 2024 came within the government forecast. Gross domestic product climbed 4.8 percent from a year ago in the fourth quarter, advance estimates from the Department of Statistics showed on Friday. But this was weaker than the 5.3 percent expansion.
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vor 174 Tagen
Malaysia Manufacturing PMI Slumps In November - S&P Global
The manufacturing sector in Malaysia continued to contract in November, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.2.
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vor 221 Tagen
