Malaysia Leading Index MoM
The Leading Index in Malaysia provides an early indication of the direction in which the economy is heading. A number of factors are considered in its calculation, including the real money supply M1, the Bursa Malaysia industrial index, the real total traded (across eight major trading partners: Japan, United States of America, Germany, United Kingdom, Singapore, Thailand, China, Canada), the CPI for services (reversed), industrial material price index, the ratio of price to unit labor cost (manufacturing); the number of housing permits approved; the number of new companies registered; and the trend adjustment factor. As of 2005, the index has a base value of 100.
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.
Ziņas (MYR)
Malaysia GDP Growth Improves In Q2
Malaysia's economic growth improved in the second quarter driven by strong domestic demand amid global trade distortions, advance estimates from the Department of Statistics showed on Friday. Gross domestic product expanded 4.5 percent year-on-year in the second quarter, slightly faster than the 4.4 percent growth seen in the first quarter.
RTTNews | 31 days ago
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.
RTTNews | 40 days ago
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.
RTTNews | 48 days ago
