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Tuesday, October 22, 2019

Tag: GDP

Economist sees 2020 Budget as too optimistic

Hoo Ke Ping tells Putrajaya to take into account economic factors that it cannot control.

China stocks plunge to its lowest in a month

Shanghai index has fallen for 4 straight days, the longest streak since Aug 7.

Singapore will be ‘lucky’ to see growth in 2019, says PM...

As exports slump, the republic’s official projection is only at 0% to 1% this year.

China sees slowest GDP growth rate in almost 30 years

Trade war with US and cooling local demand also factors in slowing economy.

Ministry clarifies Najib’s ‘wrong maths’ claim on GDP

Economics affairs ministry says the Shared Prosperity Vision 2030 document clearly made a distinction between nominal and constant measurements.

Calculation of Shared Prosperity Vision 2030 GDP target wrong, says Najib

Former PM says to achieve a GDP of RM3.4 trillion by 2030, the average GDP growth rate must be 7.36%, not 4.7% as outlined in the Shared Prosperity Vision 2030 booklet.

Country’s manufacturing sector remains challenging

Challenges remain apparent as clients held out for price discounts amid competitive pressures on industry.

Najib predicts Putrajaya will miss deficit target

The government will rely on more Petronas money and tax more people after failing to fill the hole from loss of GST revenue, says former prime minister.

Govt on track to meet 3.4% fiscal deficit target

Finance minister Lim Guan Eng says Putrajaya also on target to raise RM52 billion in net direct debt for development expenditure this year.

Fixed broadband penetration can help boost GDP, says Gobind

The communications and multimedia minister says this is the aim of the National Fiberisation and Connectivity Plan.

Economy will grow sustainably in second half of year, says Guan...

This follows the better-than-expected export growth in July and a 97.2% growth in approved foreign investment in the first half of this year

Germany warns of possible recession, mulls stimulus

Having seen a decline in trade against the backdrop of the US-China trade war, Europe's biggest economy will enter what it technically defines as a recession should GDP shrink further.

Azmin pledges vigilance against economic headwinds

Although the growth rate improved this year, Malaysia will maintain fiscal discipline, says economic affairs minister.

Strong GDP growth proves Malaysia’s resilience, says Guan Eng

The finance minister says the 4.9% growth in the second quarter of this year has beaten market expectations.

Stop playing the blame game and admit the facts, NGO tells...

It wants Warisan deputy president Darell Leiking to realise that the party has not been effective in managing the state, resulting in a big drop in GDP.

Economy expected to continue 4.5% growth in Q2

The finance minister says he is 'cautiously optimistic' of this amid news that Singapore's economy has contracted 3.3%.

Govt slammed for denying refugees right to work

They'll boost the national economy if allowed to earn their living legally, says Tenaganita.

Putrajaya relying on young entrepreneurs to drive nation’s GDP, says Dr...

The prime minister also wants entrepreneurs to be equipped with noble values such as integrity and honesty.

Healthy second-quarter GDP expansion expected, says Guan Eng

The finance minister cites several factors, including a rise in exports and retail sales.

Govt to limit loan guarantees following 1MDB affair

The prime minister says the amount of loans guaranteed by the government will be tied to the GDP, adding that the tabling of an act to protect consumers from creditors will be expedited.

Ringgit slightly lower at opening

Apart from the expected US rate cuts, tensions in the Middle East also contribute to the high and low of the ringgit.

China’s growth slides to weakest pace in almost 30 years

The slowdown underlines the pressure that Chinese policymakers face as they attempt to negotiate a deal with the US.

Industrial production expansion in May points to GDP growth

This is the third consecutive month Malaysia’s actual industrial production has beaten market consensus, says Finance Minister Lim Guan Eng.

Ringgit to trade at present level against US dollar next week

The ringgit is likely to trade at the current level of between 4.11 and 4.13 against the US dollar.

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