MYR Forex News

Malaysia GDP Growth Slows In Q3

Malaysia GDP Growth Slows In Q3

Malaysia's economy posted a slower growth in the third quarter on a contraction in mining and slower growth in services output, official data revealed Monday. Gross domestic product grew 5.3 percent on a yearly basis in the third quarter after rising 5.9 percent in the previous quarter, advance estimates from Department of Statistics showed.
RTTNews | 53 days ago
Malaysia GDP Growth Rises More Than Estimated

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 | 119 days ago
Malaysia Economy Expands At Fastest Pace Since Late 2022

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 | 147 days ago
Malaysia Keeps Key Interest Rate Unchanged As Expected

Malaysia Keeps Key Interest Rate Unchanged As Expected

Malaysia's central bank left its benchmark interest rate unchanged again on Thursday and forecast acceleration in inflation in the second half of the year after the unwinding of fuel subsidies. The Monetary Policy Committee of Bank Negara Malaysia headed by Datuk Abdul Rasheed Ghaffour decided to maintain the Overnight Policy Rate at 3.00 percent.
RTTNews | 155 days ago