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APRIL’S EXPORTS INCREASE 14% Y-O-Y TO RM84.2 BILLION In April 2018, exports surged 14% to RM84.2 billion from a year ago, driven by electrical and electronic (E&E) products, timber and timber-based products, palm oil and palm oil-based products and refined petroleum and crude petroleum. Liquefied natural gas (LNG) and natural rubber however recorded a decline…

LEADING INDEX UP 0.3% IN MARCH 2018 Malaysia’s economic growth momentum is expected to persist up until 3Q18, as the annual change of the Leading Index (LI) as at March 2018, increased by 0.3% Y-o-Y. The monthly change of the LI, which monitors economic performance in advance, exhibited a negative growth of 0.5% in March…

CONSUMER PRICE INDEX INCREASES 1.4% IN APRIL 2018 In April 2018, Malaysia’s Consumer Price Index (CPI), which measures headline inflation, increased by 1.4% compared with the corresponding month in 2017. Major groups registering positive expansion included indices for: food and non-alcoholic beverages (+2.6%), restaurants and hotels (+2.2%), health (+2.1%), housing, water, electricity, gas and other…

POPULATION HAS GROWN TO 32.4 MILLION   The Department of Statistics Malaysia has ascertained that the Malaysian population expanded by 1.3% to 32.4 million in 1Q18, compared with 32 million formerly in 1Q17. 16.7 million (52%) were male, while the remaining 15.7 million (48%) were female. Selangor was deemed the most populated state at 6.4…

MARCH 2018 EXPORTS HIT RECORD RM84.5 BILLION With a Y-o-Y growth of 2.2%, Malaysia’s exports hit a record high of RM84.5 billion in March, 2018, as reinforced by higher shipments of manufactured goods. Trade surplus widened to RM14.7 billion, the highest level since September 2008, when it stood at RM15.42 billion and March 2018 imports…

PERAK KEEN TO BOOST TOURISM Perak’s state government is committed in internationally promoting Perak via programmes such as cycling events and the “Pangkor Dialogue” conference and tourist arrivals will be prospectively boosted with the implementation of Pangkor as a duty-free island in 3Q18. (NST, 30/04/2018)   YOUTH UNEMPLOYMENT HITS RECORD HIGH IN 2017 Youth unemployment…

EPF: RM4.86 BILLION INVESTED IN SMALL AND MEDIUM CAP STOCKS The Employees Provident Fund (EPF) has invested a total of RM4.86 billion in small and medium capitalised stocks in Malaysia. The equities portfolio remains the largest contributor to the retirement fund’s income, recording an 8% increase from RM309.48 billion in 2016 to RM334.23 billion as…

EPF ANNUAL CONTRIBUTIONS FOR 2017 UP 6.38% TO RM65.52 BILLION The Employees Provident Fund’s (EPF) annual contributions for 2017 rose by 6.38% to RM65.52 billion against a total withdrawal of RM49.40 billion, resulting in net inflows of RM16.12 billion in 2017. Additionally, there was an 8.26% increase in total investment assets from RM731.11 billion in…

TRADE BALANCE STAYS ABOVE RM9 BILLION IN FEBRUARY 2018 In February 2018, Malaysia’s trade surplus remained above RM9 billion, despite a contraction in both exports and imports during the month. February’s trade balance, officially registered at RM9 billion, was lower compared with the January 2018 figure of RM9.7 billion, as exports and imports fell by…

The 4.26 acre “Sutera Avenue” integrated development by Mah Sing Group Bhd, comprises retail, offices and serviced apartments. “The Residences” serviced apartments are set in three towers comprising 320 units, each priced at approximately RM800 per sq. ft. Located below the apartments is a two-storey mall, “Festive Avenue Retail”, with a pedestrian boulevard on the…

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