MIER: GDP LIKELY TO GROW 4.5% Due to the slowdown in global and domestic demand, the Malaysian Institute of Economic Research has forecasted Malaysia’s 2019 Gross Domestic Product to post moderate growth of 4.5%, compared with 4.7% in 2018. (The Edge Property & NST, 17/04/2019) DBKL SETS POPULATION DENSITY LIMIT FOR NEW HOUSING DEVELOPMENTS Population…

MALAYSIA’S ECONOMY TO EXPERIENCE MODERATE GROWTH IN 2019 The Malaysian economy is expected to experience moderate growth in 2019 due to challenging external factors including the United States (US) Federal Governments’ temporary shutdown, which lasted for 35 days, from December 22, 2018 to January 25, 2019 (the longest government shutdown in the US history), uncertainties…

MALAYSIA’S EXPORTS, IMPORTS DECLINE IN FEBRUARY 2019, TRADE SURPLUS SURGES TO RM11.1 BILLION In February 2019 Malaysia’s exports recorded a decrease of 5.3% year-on-year (y-o-y) to RM66.6 billion, the lowest value since August 2016. Total trade in February 2019 declined 7.2% to RM122.1 billion from February 2018. The trade surplus was RM11.1 billion, where it…

BANK NEGARA PROJECTS GDP GROWTH AT 4.3% TO 4.8% IN 2019 The Gross Domestic Product (GDP) is expected to expand by 4.3% to 4.8% in 2019, compared with 4.7% in 2018, driven by domestic demand amid the challenging global environment. Nonetheless, Bank Negara Malaysia cautioned that the domestic growth projection is subject to several downside…

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