KUALA LUMPUR, Oct 5 — The ringgit has yet to reach its fair value despite its recent rise against the US dollar and emerging as Southeast Asia’s best-performing currency, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, April 24 — BMI, a Fitch Solutions company, foresees Malaysia's household spending growing by 5.0 per cent year-on-year (y-o-y) over 2024 to RM903.8 billion as economic growth persists and consumption levels normalise.
KUALA LUMPUR, April 8 — BMI, a Fitch Solutions company, has maintained its forecast that Malaysia’s fiscal deficit will narrow to 4.3 per cent of the gross domestic product (GDP) this year from 5.0 per cent in 2023.
KUALA LUMPUR, Feb 20 — BMI Country Risk and Industry Research (BMI), a product of Fitch Solutions Group Ltd, has made an upward revision to its forecast for the average price of Bursa Malaysia-listed third-month palm oil futures contracts in 2024 to RM3,750 per tonne from RM3,515 per tonne previously.
KUALA LUMPUR, Oct 2 — Research firm BMI has maintained its 2023 forecast for Malaysia’s budget deficit at 4.9 per cent of the gross domestic product (GDP) from 5.6 per cent in 2022.
KUALA LUMPUR, Aug 21 — BMI, a Fitch Solutions company, has revised upward its projection on total vehicle sales in Malaysia for 2023 to rise by 3.8 per cent, which is in contrast to its previous forecast of a 9.0 per cent decline.
KUALA LUMPUR, May 16 — BMI, a Fitch Solutions company, has raised the forecast for Malaysia’s real gross domestic product (GDP) growth to 4.2 per cent in this year from 4.0 per cent previously following the better-than-expected 5.6 per cent expansion in the first quarter (1Q).
KUALA LUMPUR, Feb 28 — Fitch Solutions Group (FSG) has lowered Malaysia's 2023 budget deficit forecast as a share of Gross Domestic Product (GDP) to 4.9 per cent from 5.3 per cent previously, which it said is “somewhat aligned” with the government’s fiscal projections.
SINGAPORE, Jan 12 — Consumer spending in Malaysia will post good growth in 2022, with real household spending projected to grow 5.1 per cent year-on-year (y-o-y), according to a United Kingdom-based research firm.
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