Malaysia Exports YoY
In recent years, one of the most important elements driving Malaysia's GDP development has been the increase in exports, which has been supported by the entry of foreign direct investment. Electrical and electronic items (36%), chemicals (7.1%), petroleum products (7%), liquefied natural gas (6%), and palm oil (5.1%) are Malaysia's primary exports. In terms of export partners, Malaysia's top five are Singapore (14%), China (13%), the European Union (10%), Japan (9.5%) the United States (9.4%), and Thailand (6%).
A higher than expected figure should be seen as positive (bullish) for the MYR while a lower than expected figure should be seen as negative (bearish) for the MYR.
News (MYR)
Malaysia Manufacturing PMI Unchanged At 49.7 - S&P Global
The manufacturing sector in Malaysia continued to contract in August, and at a steady pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.7.
RTTNews | 8 days ago
Malaysia GDP Growth Rises More Than Estimated
Malaysia's economic growth accelerated more than initially estimated in the second quarter on household consumption and investment. Gross domestic product registered an annual growth of 5.9 percent in the second quarter after rising 4.2 percent in the previous quarter, revised estimate from the Department of Statistics showed on Friday.
RTTNews | 25 days ago
Malaysia Economy Expands At Fastest Pace Since Late 2022
Malaysia's economy posted its fastest growth in six quarters with strong support from services and manufacturing sectors, official data revealed Friday. Gross domestic product registered an annual growth of 5.8 percent in the second quarter after rising 4.2 percent in the previous quarter, advance estimate from the Department of Statistics revealed on Friday.
RTTNews | 53 days ago
