May 2024's 3.3% Unemployment Rate Stable Backed By Growth, External Sector Recovery: DOSM

The unemployment rate in May 2024 stood at 3.3 per cent, with the number of unemployed reduced further to 566.1 thousand persons, the Department of Statistics Malaysia (DOSM) reported today in the release on Statistics of the Labour Force, Malaysia, May 2024.

Business Today01:19 ET

Malaysian MADANI Economy On Firm Ground In The Runup To Budget 2025, Anwar Says

Prime Minister Datuk Seri Anwar Ibrahim today said among Malaysia's initial achievements this year include, S&P Global Ratings and Fitch Ratings have maintained Malaysia's sovereign credit ratings at A- and BBB+, respectively, with a "Stable" outlook.

Business TodayJul 9 04:48 ET

Malaysia's International Reserves Total $113.8 Billion as at June 28

The international reserves of Bank Negara Malaysia stood at $113.8 billion as at June 28, the central bank announced Friday. The reserves position is enough to finance 5.4 months of imports of goods a

MT NewswiresJul 5 03:18 ET

Selangor Projects Lower Growth Of 5.2% But Higher Than Country's Estimation

Selangor had projected a lowe growth rate of 5.2 percent this year compared to last year but remains higher compared to the country's estimation of 4-5%, this was shared by Menteri Besar Dato' Amirudin Shari when tabling the First Selangor Plan (RS-1) mid-term review today.

Business TodayJul 4 00:39 ET

All States Resilient With Some Exceeding GDP Growth Of 3.6% Last Year: DOSM

In 2023, Malaysia's economy expanded moderately with all states recorded favourable positive growths for the year Malaysia's economy expanded by 3.6 per cent in 2023, reaching a GDP of RM1.6 trillion.

Business TodayJul 2 01:56 ET

Bank Negara Malaysia Likely to Stand Pat at July Meeting -- Market Talk

Malaysia's central bank is expected to maintain its benchmark interest rate at 3.0% in July and throughout 2024, BMI says in a note.

WSJJul 2 00:47 ET