Malaysia GDP Growth Rate YoY
Effectively transitioned from being a raw material exporter to being a diversified economy in recent years, Malaysia is a rising country in Asia. Services are the most important sector of the economy, accounting for around 54% of GDP. In recent years, the manufacturing sector has expanded and currently accounts for 25% of GDP and more than 60% of total exports. Mining and quarrying account for 9% of GDP, with agriculture accounting for 9%.
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 Ticks Higher In April - S&P Global
The manufacturing sector in Malaysia continued to contract in April, albeit at a slower pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 49.0.
RTTNews | 6 days ago
Malaysia Manufacturing PMI Improves To 49.5 In February - S&P Global
The manufacturing sector in Malaysia continued to contract in February, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.5.
RTTNews | 68 days ago
Malaysian Ringgit Is Undervalued - Central Bank
Malaysia's currency ringgit is undervalued and should be trading higher given the economic fundamentals, the country's central bank said Tuesday as it tries to prop up the currency that is trading near 26-year lows. "The ringgit ought to be traded higher," Bank Negara Malaysia Governor Abdul Rasheed Ghaffour said citing the country's economic fundamentals and prospects.
RTTNews | 71 days ago
