Higher shipments of machinery, palm oil products to Singapore, China, US bunk up figures

BENGALURU, April 26 — The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth than forecast was more likely than weakness.

KUALA LUMPUR, Feb 27 — RAM Rating Services Bhd (RAM Ratings) has maintained its forecast of Malaysia’s gross domestic product (GDP) growth at 4.5 per cent to 5.5 per cent in 2024.

KUALA LUMPUR, Feb 8 — Malaysia’s manufacturing sector is expected to see a robust recovery in the second half of 2024 (2H24), and the manufacturing index is forecasted to expand 4.6 per cent this year, said Kenanga Investment Bank Bhd (KIB).

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.

BANGKOK,  Nov 27 — Thailand's exports in October rose at the fastest annual pace in more than a year but less than expected, and the commerce ministry said on Monday full-year exports would still show a small contraction.

KUALA LUMPUR, Nov 23 — BMI, a Fitch Solutions company, has revised upward its projection for the price of crude palm oil in 2024 to RM3,515 per tonne from RM3,400 per tonne.

KUALA LUMPUR, Nov 22 —The National Flood Forecasting and Warning Programme (PRAB) was found to be unsatisfactory in terms of issuing flood warnings and announcements, according to the Auditor General's Report (LKAN) 2022.

JAKARTA, Nov15 — Indonesia booked a US$3.48 billion trade surplus last month, bigger than predicted, as exports and imports fell less than expected, official data showed on Wednesday, bolstering some predictions the central bank could keep rates on hold next week.

KUALA LUMPUR, Nov 9 — Malaysia's crude palm oil (CPO) is expected to trade between RM4,000 and RM4,200 per tonne next year, down from RM4,900 per tonne recorded in 2022, impacted by weather developments, geopolitical risks, government policies and slower global economic growth, said industry experts.

BEIJING , Oct 18 — China's economy grew at a faster-than-expected clip in the third quarter, data showed on Wednesday, while domestic consumption also picked up pace last month, suggesting the recent recovery may carry enough steam to reach Beijing's full-year growth target.

HANOI, Sept.

KUALA LUMPUR, Aug 23 — BMI, a Fitch Solutions company, has revised downward its forecast for Malaysia’s real gross domestic product (GDP) growth to 4.0 per cent in 2023, from 4.2 per cent previously.

KUALA LUMPUR, Aug 11 — Rain is forecast in one or two places in Penang, Negeri Sembilan, and Selangor in the morning of polling day for the six-state polls and the Kuala Terengganu by-election tomorrow, while thunderstorms are predicted in the evening.

WASHINGTON, Jan 31 (Bernama) – Global economic growth will slow to 2.9 per cent in 2023, the International Monetary Fund (IMF) said, revising its previous forecast upward by 0.2 percentage points, reported Sputnik.

KUALA LUMPUR, Jan 23 — Johor, Melaka, Negeri Sembilan, Pahang, Perak and Selangor are at risk of being hit by flash floods within 24 hours if there is heavy rain or significant thunderstorm, according to the National Flood Forecasting and Warning Centre (PRABN) of the Department of Irrigation and Drainage (DID).

SINGAPORE, Jan 3 — Singapore's economy grew 3.8 per cent in 2022, preliminary data showed on Tuesday, beating government expectations but slower than the previous year.

KUALA LUMPUR, Dec 6 — The Meteorological Department of Malaysia (MetMalaysia) is predicting sunny weather in the morning on polling day in Padang Serai, Kedah tomorrow while in the afternoon there will be thunderstorms or rain.

KUALA LUMPUR,  Nov 28  — The Malaysian Meteorological Department (MetMalaysia) has issued a warning of thunderstorms and rain in several places in the peninsula, Sarawak and Sabah for three days starting today.

KUALA LUMPUR, Nov 18 — Several states are expected to experience good weather in the morning of polling day for the 15th general election (GE15) tomorrow (November 19), according to the Malaysian Meteorological Department (MetMalaysia).