PUTRAJAYA, March 11 — The total losses due to floods in Malaysia in 2023 amounted to RM0.8 billion, according to the Department of Statistics Malaysia (DOSM).

By Danial Dzulkifly SHAH ALAM, March 7 — A total of 75 projects related to the digital economy sector, with a total investment value of RM5.4 billion, were approved in Selangor from January to September of last year. State executive councillor for investment, trade and mobility Ng Sze Han...

KUALA LUMPUR, Mar 3 —The Employees Provident Fund (EPF) has announced a higher dividend rate of 5.50 per cent for conventional savings for the financial year ended December 31, 2023 (FY2023), compared to 5.35 per cent in FY2022, resulting in a total payout of RM50.33 billion.

By Danial Dzulkifly SHAH ALAM, March 1 – Selangor has outperformed forecasts, recording an overall investment of RM55.3 billion for 2023, significantly surpassing its initial target of RM45 billion, said Ng Sze Han. The state executive councillor for investment, trade and mobility said the...

KUALA LUMPUR, Feb 16 — Malaysia recorded a gross domestic product (GDP) growth of 3.7 per cent in 2023, after an expansion of 3.0 per cent in the fourth quarter (4Q) of the year, supported by continued recovery in economic activity and labour market conditions.

KUALA LUMPUR, Feb 7 — Malaysia's Services Producer Price Index (SPPI) increased 1.0 per cent year-on-year in the fourth quarter (4Q) of 2023 to average 115.5 points compared to 1.4 per cent in the third quarter (3Q), said the Department of Statistics Malaysia.

JAKARTA, Jan 2 —Indonesia has reduced its 2023 budget deficit significantly to 347.6 trillion rupiah (YSS$22.47 billion), equivalent to 1.65 per cent of gross domestic product (GDP), based on unaudited figures, its finance minister said on Tuesday The unaudited deficit was far smaller than the...

KUALA LUMPUR, Dec 10 — The year 2023 saw Malaysia elevate its commitment towards an inclusive and sustainable public transportation service, which augurs well with the newly launched National Energy Transition Roadmap (NETR) that emphasises clean energy.

BANGKOK,  Dec 6 — Thailand's economy is expected to grow between 2.5 per cent to 3.0 per cent this year, unchanged from a previous forecast, a leading joint business group said on Wednesday.

By Amar Shah Mohsen KUALA LUMPUR, Nov 30 – The generational endgame (GEG) provision, which was omitted in the revised Control of Smoking Products for Public Health 2023 Bill, may be reconsidered in the future if the need arises.  Health Minister Dr Zaliha Mustafa said this in her winding-up...

SINGAPORE , Nov 1 — Southeast Asia's internet economy is expected to grow 11 per cent year-on-year in 2023, slowing from last year's 20 per cent growth, an industry report showed on Wednesday.

LONDON, Oct 5 — The current year is on track to be the warmest on record, according to the European Union's Climate Change Service Copernicus on Thursday,  German news agency (dpa) reported.

KUCHING, Oct 4 —  The Sarawak government is committed to accomplishing its goals in the journey into the digital economy.

KUALA LUMPUR, July 12 — BMI, a Fitch Solutions company, foresees Malaysia’s household spending to grow by 5.0 per cent year-on-year (y-o-y) in 2023 and will continue its steady growth towards 2024 as the economic recovery feeds through into strong real consumer spending growth.

By Norrasyidah Arshad SHAH ALAM, June 25 – Selangor recorded an investment value of up to RM18 billion in 2018, marking a significant achievement in 30 years of the state administration, says Dato' Seri Amirudin Shari Taking a jibe at his predecessor Datuk Seri Azmin Ali, who has now defected...

KUALA LUMPUR, May 22 – The international reserves of Bank Negara Malaysia (BNM) has widened to US$114.7 billion (US$1=RM4.53) as at May 15, 2023, from US$114.4 billion as at April 28, 2023.

PUTRAJAYA, May 19 – The labour market has expanded 2.5 per cent in the first quarter of this year with 16.65 million persons compared to 16.25 million persons in the same period last year, according to the Labour Market Review First Quarter 2023 released by the Department of Statistics Malaysia (DoSM) today.

KUALA LUMPUR, Feb 23 — Sunway Property, the property division of Sunway Group, is confident that it would achieve its RM2.3 billion sales target this year, supported by a strong pipeline of projects.

WASHINGTON, Jan 4 — The combination of an inexpensive cost of living, beautiful scenery and traveller-friendly visa options make Portugal the best country to move to in 2023.

SEOUL, Dec 19 — South Korea on Monday flagged a deeper economic slowdown than expected at least through the first half of next year, and extended sales tax breaks on some fuel oil products and passenger cars by a few months.