News | deVere Malaysia

Malaysia’s Q3 growth estimated at 5.3%

Malaysia's economy likely grew by 5.3% in the third quarter compared to the same period last year, marking a slowdown from the 5.9% growth seen in the previous quarter, according to official preliminary estimates released on Monday.

posted on 21.10.2024

Economy

Malaysia to unveil new taxes and subsidy cuts in 2025 budget

Malaysia is expected to introduce additional subsidy reductions and new taxes in its budget for next year, according to analysts and economists

posted on 15.10.2024

Markets

Ringgit steadily rising against Dollar, domestic landscape “quite positive”

The Malaysian Ringgit has been steadily appreciating against the US Dollar, particularly since early July, as clarity has increased regarding the interest rate trajectory of developed countries,

posted on 26.09.2024

Economy

Malaysia’s Q3 growth estimated at 5.3%

posted on 21.10.2024

Economy

Malaysia to unveil new taxes and subsidy cuts in 2025 budget

Malaysia is expected to introduce additional subsidy reductions and new taxes in its budget for next year, according to analysts and economists

posted on 15.10.2024

Markets

Ringgit steadily rising against Dollar, domestic landscape “quite positive”

The Malaysian Ringgit has been steadily appreciating against the US Dollar, particularly since early July, as clarity has increased regarding the interest rate trajectory of developed countries,

posted on 26.09.2024

Economy

Hotels in Malaysia reap rewards of tourism boost

Malaysia’s hotel sector is progressing towards recovery, similar to the overall travel and tourism sector.

posted on 18.09.2024

Economy

Malaysia’s GDP growth forecast to surpass 5% in 2024

Two investment banks have maintained their projections for Malaysia's economic growth above 5% for 2024, citing a favourable domestic economic environment and a rebound in external demand.

posted on 10.09.2024

Economy

Malaysia central bank keeps key rate unchanged

Malaysia held its benchmark interest rate steady on Thursday, maintaining a positive outlook on the nation's growth prospects, inflation trends, and currency performance.

posted on 05.09.2024

Economy

Malaysia’s manufacturing sector remains muted in August

Malaysia’s manufacturing activities remained subdued in August due to weak demand, and the latest data suggests that the coming months are also likely to remain sluggish, S&P Global reported on Monday.

posted on 02.09.2024

Economy

Malaysia’s unemployment continues to decline in Q2

Unemployment continued to fall in Q2 reflecting heightened demand for labour across various economic sectors, according to the Labour Market Review, 2Q24 released on Friday.

posted on 26.08.2024

Economy

Robust trade growth to continue in H2

Malaysia’s strong trade growth is set to continue for the remainder of this year, after growing at the fastest pace in 21 months last month, according to economists.

posted on 20.08.2024

Economy

Malaysia’s Q2 economic growth fastest in 18 months, says poll

Malaysia’s economy likely grew at the fastest pace in 18 months in Q2 due to a robust rebound in exports and elevated household consumption.

posted on 14.08.2024

Economy

Malaysia's industrial production rises faster than forecast in June

Industrial production in Malaysia rose more than anticipated in June, driven by increased manufacturing activities and a rebound in mining output, according to official data published on Friday.

posted on 12.08.2024

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