Businesses remain optimistic in 1Q 2023
KUALA LUMPUR: Malaysian businesses remain optimistic about the business condition in the first quarter of 2023 (1Q 2023) with the confidence indicator improving to 3.6 per cent from 3.2 per cent in the previous quarter (4Q 2022), according to the Department of Statistics Malaysia’s (DoSM) latest business tendency statistics report. In a statement yesterday, the […]
Chicken and egg production costs in Malaysia
KUCHING: As of September 2022, the average cost of producing chicken per kilogramme and an egg in Malaysia was RM6.53 and RM0.48 respectively. The study, which was released by Department of Statistics Malaysia (DoSM) recently, revealed that the production cost for chicken broilers comprised 98.6 per cent of direct cost and 1.4 per cent of […]
M’sia’s 2021 gross output up to RM3.21 tln
KUALA LUMPUR: Malaysia’s gross output expanded by RM307.6 billion or 10.6 per cent to RM3.21 trillion in 2021 from RM2.90 trillion in 2020, said the Department of Statistics Malaysia (DOSM). In its Annual Economic Statistic 2021, DoSM said the manufacturing sector remains a primary contributor with a 50.1 per cent share, or RM1.61 trillion, of […]
DOSM needs to strengthen role to help govt make accurate decisions – Rafizi Ramli
PUTRAJAYA: The Department of Statistics Malaysia (DOSM) should strengthen its role as the driver of national statistics service to help the government make accurate and speedy decisions for target groups, said Economic Affairs Minister Mohd Rafizi Ramli. Mohd Rafizi said he felt that DOSM was playing an important role in helping the government to provide […]
Sarawak’s total trade soars 27.8%
KUCHING: Sarawak’s total trade for 2021 surged by 27.8 per cent, reaching RM150.9 billion as compared to RM118.1 billion in the previous year, according to the Department of Statistics Malaysia (DoSM). In a statement today, chief statistician Datuk Seri Mohd Uzir Mahidin said the trade balance also continued to record a surplus with a value […]
Drop in number of unemployed persons in May 2022
PUTRAJAYA: The number of unemployed persons in May this year continued to decline with a reduction of 1.8 per cent to 637,700 persons, from 649,300 persons the previous month, according to the Statistics of Labour Force for May 2022 released by the Department of Statistics Malaysia (DOSM) today. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the labour force […]
Malaysia’s export unit index remains positive
KUALA LUMPUR: Malaysia’s export unit index remained positive for the fourth consecutive months since October 2021, growing 1.3 per cent in January 2022 compared with the previous month, the Department of Statistics Malaysia (DoSM) said. However, the import unit value index dropped 0.5 per cent in January 2022 compared with the previous month, said chief […]
DOSM optimistic Malaysia’s economy will continue to recover in 2022
KUALA LUMPUR: The Department of Statistics Malaysia (DOSM) is optimistic that the country’s economy will continue to recover in 2022, as it did in 2021, as economic data indicated that the economic recovery was gaining traction. Chief statistician Datuk Seri Mohd Uzir Mahidin noted that Malaysia’s gross domestic product (GDP) rebounded 3.6 per cent in […]
12MP should focus on digital economy to achieve high-income nation status
KUALA LUMPUR: The government will need to focus on the digital economy and digital infrastructure as well as productivity in the 12th Malaysia Plan (12MP) to restore the country’s growth following the Covid-19 pandemic and hence realise the aim of becoming a high-income economy as early as 2024. The World Bank, in its report titled […]
Fewer bumiputera grads hired by private sector
KUALA LUMPUR: Only about 73,400 Bumiputera graduates (or 27 percent) were hired by the private sector in 2020 compared to 103,900 (40 percent) in 2019. A study by the Bumiputera Agenda Steering Unit (Teraju) attributed the decline to a 29.3 percent drop in job opportunities over two years. “Looking at it carefully, it is due […]
