KUALA LUMPUR, May 13 — Malaysia’s services sector grew by 6.0 per cent year-on-year in the first quarter of 2025 (1Q 2025), reaching RM630 billion in revenue, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Feb 12 — Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 7 — Services sector revenue in Malaysia grew by 5.9 per cent year-on-year (y-o-y) in the third quarter of 2024 (3Q 2024), reaching RM618.5 billion, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 8 — The services sector revenue surged 6.8 per cent on-year to a record RM607.1 billion in the second quarter (2Q) of 2024, said the Statistics Department.

KUALA LUMPUR, April 19 — Malaysia's economy is forecast to have grown by 3.9 per cent in the first quarter of 2024 (1Q 2024) based on advance estimates, compared to 3.0 per cent in the previous quarter, spearheaded by the services sector, according to the Statistics Department (DOSM).

KUALA LUMPUR, Feb 8 — Malaysia’s services sector saw its total revenue increase to RM2.3 trillion in 2023, an 8.4 per cent rise compared to 2022’s RM2.1 trillion, the Department of Statistics Malaysia (DOSM) reported.

KUALA LUMPUR, Nov 23 — Business confidence indicator increased by 3.2 per cent in the fourth quarter of 2023 (4Q23), up from 0.7 per cent in the third quarter of  2023 as businesses anticipate a better business situation in the fourth quarter.

KUALA LUMPUR, Nov 9 — Malaysia’s services sector revenue grew by 7.6 per cent year-on-year to RM584 billion in the third quarter of 2023 (3Q 2023), lifted by favourable performance in all segments, said the Department of Statistics Malaysia (DoSM).

KUALA LUMPUR, June 22 — Malaysia’s total trade in services accounted for RM336.9 billion in 2022, contributing 18.8 per cent to the gross domestic product (GDP at current prices), said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, May 10 — Malaysia’s services sector revenue grew 13.1 per cent year-on-year (y-o-y) to RM560.3 billion in the first quarter of 2023 (1Q 2023) from RM495.5 billion in the same quarter last year, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Feb 8 — Malaysia’s services sector revenue recorded double-digit growth of 14.9 per cent year-on-year (y-o-y) to RM528.8 billion in the fourth quarter of 2022 (4Q 2022) compared to the corresponding quarter in 2021, said the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Nov 14 — Malaysia’s services and manufacturing growth, the big factor behind the country’s strong third quarter (Q3) gross domestic product (GDP) print, are projected to continue their growth into 2023.

KUALA LUMPUR, Nov 8 — Enhancing domestic direct investment (DDI) is important for Malaysia’s sustainable growth given its huge contribution to the country’s economy, said the Malaysian Investment Development Authority (Mida).

KUALA LUMPUR, Aug 11 — Revenue for Malaysia’s services sector grew 25.2 per cent year-on-year (y-o-y) to RM506.5 billion in the second quarter of 2022 (Q2 2022), the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, May 12 — Revenue for the services sector in the country soared 10.4 per cent to RM473.0 billion in the first quarter (Q1) of 2022 from RM428.5 billion in Q1 2021, the Department of Statistics Malaysia (DOSM) said.

By Alang Bendahara SHAH ALAM, Aug 24 — As most economic sectors in the state registered negative numbers due to the Covid-19 pandemic, the services sector continues to show positive growth results. Selangor Menteri Besar Dato’ Seri Amirudin Shari said restrictions enforced by the Federal...

KUALA LUMPUR, Aug 11 — Malaysia’s income from e-commerce transactions rose 23.3 per cent year-on-year (y-o-y) to RM267.6 billion in the second quarter of 2021 (Q2 2021), mainly driven by the manufacturing and services sectors, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, Aug 10 — The services sector revenue recorded negative growth of 24.0 per cent in the second quarter of 2020 (Q2 2020) to RM335.6 billion as compared with the same quarter of the previous year, said the Department of Statistics Malaysia.