Addressing poverty and wealth inequality: analysis and strategies

“Examining the wealth gap, poverty measurement, and policy reforms towards prosperity” WHILE Sarawak boasts of being a resource-rich state and has utilised this advantage to promote economic growth, a significant issue that persists is poverty itself. According to a 2019 survey conducted by the Department of Statistics Malaysia (DOSM), several districts in the state rank […]

Male babies outnumbered female babies in Q2 2023

PUTRAJAYA: The number of live births in Malaysia increased by 13 per cent to 105,961 in the second quarter of 2023 from 93,799 births in the corresponding period last year, according to the Demographic Statistics released by the Department of Statistics Malaysia (DOSM) today. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin, in a statement […]

Sarawak household incomes rose in 2022

KUCHING: Sarawak recorded a median household income of RM4,978, while the mean income was RM6,457 last year, according to the Household Income Survey and Household Expenditure Survey Report released by the Department of Statistics Malaysia (DOSM) on Friday. The median income, which represents the middle value when all incomes are arranged from lowest to highest, […]

June 2023 export, import unit value indices up marginally  

KUALA LUMPUR: Malaysia’s export and import unit value indices rose a marginal 0.1 per cent and 0.4 per cent, respectively, in June 2023, Statistics Department Malaysia (DoSM) reported today. Exports prices rose to 141.8 points from 141.7 points in the previous month while imports increased to 128.4 points from 127.9 points previously. Chief statistician Datuk Seri […]

Malaysia’s states show encouraging economic performance in 2022

KUCHING: Despite global economic uncertainty, geopolitical conflicts and disruptions in food supply chains, all states in Malaysia demonstrated promising economic performance in 2022, according to the Gross Domestic Product (GDP) report released by the Department of Statistics Malaysia (DOSM) on Tuesday (June 27). The report revealed positive growth across all sectors, positioning Malaysia on a […]

Foreign investment surges to RM74.6b

KUALA LUMPUR: Malaysia’s net inflows of foreign investment surged to RM74.6 billion in 2022 from RM50.4 billion in 2021, while investment abroad tripled to RM58.6 billion from RM19.4 billion. “Malaysia’s foreign direct investment (FDI) position, as of the end of 2022,  registered a higher value at RM879.1 billion,” the Department of Statistics Malaysia (DoSM) said […]

Malaysia’s business outlook to remain positive in next six months  

KUALA LUMPUR: Malaysia’s business outlook is seen to remain positive in the next six months from April to September 2023, with a net balance of +14.9 per cent from +12.1 per cent recorded previously, said the Department of Statistics Malaysia’s (DoSM). In a statement today, the department said the services sector showed the most optimistic […]

Malaysia’s total trade down 1.6 pct to RM232.7 bln in March 

KUALA LUMPUR: Malaysia’s total trade for March 2023 amounted to RM232.7 billion, 1.6 per cent lower year-on-year, said the Department of Statistics (DOSM) today. Exports eased 1.4 per cent year-on-year to RM129.7 billion while imports fell 1.8 per cent year-on-year to RM103 billion, DOSM said in a statement. Chief statistician Datuk Seri Mohd Uzir Mahidin […]

Nation’s unemployment rate dips 3.5 pct

KUCHING: The Department of Statistics Malaysia (DOSM) reported that the nation’s unemployment rate dipped to 3.5 per cent with 591.9 thousand unemployed persons as of Feb 2023. On the overall performance of the month, chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said that the position of the country’s labour market continues to be […]

Price index per unit of cement, steel up 1.9 pct and 1.5 pct in Feb

KUALA LUMPUR: The Department of Statistics Malaysia (DoSM) said the unit price index of cement rose by 1.9 per cent in February 2023 as compared with January 2023 due to higher raw material prices as well as energy and shipping costs. In a statement today, DoSM said the average price of cement (ordinary Portland) rose […]