Sarawak sets target of RM1.4bil GDP for Serian Division by 2030
SERIAN: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg has announced the Sarawak government’s goal of achieving a gross domestic product (GDP) of RM1.4bil for Serian Division by 2030. According to him, the division currently has reached a GDP of RM600mil. “The GDP target for Serian division by 2030 is RM1.4bil. At present, the […]
Malaysia calls for regional integration to reduce social disparities, trade barriers
KUALA LUMPUR: Malaysia is calling for regional integration to reduce social disparities and trade barriers among Asian countries. Deputy Prime Minister Datuk Seri Fadillah Yusof said active participation from all Asian nations can boost economic growth and create jobs in the green economy by leveraging their extensive infrastructure, particularly in transportation. “With 4.7 billion people […]
Positive on Malaysia’s economic outlook
KUALA LUMPUR: RHB Research holds a positive view of Malaysia’s gross domestic product (GDP), the ringgit and the local bourse’s performance, while seeing elevated consumer price index (CPI) price pressures following the tabling of Budget 2024. In a note yesterday, the research house said it is maintaining its projection on Malaysia’s GDP growth at 4.6 […]
12MP set to achieve annual GDP growth of 5.0-5.5 pct; GNI of RM61,000 in 2025
KUALA LUMPUR: Malaysia’s economy is on track to grow between 5.0 and 5.5 per cent per annum for the remainder of the 12th Malaysia Plan (12MP), driven by domestic demand, particularly private sector expenditure. According to the Mid-Term Review of the 12th Malaysia Plan (12MP MTR) 2021-2025 report, tabled in Parliament today, the gross national […]
Brunei’s economy records 0.8-pct growth in Q1
BANDAR SERI BEGAWAN: Brunei’s gross domestic product (GDP) increased by 0.8 per cent at constant prices year-on-year in the first quarter of 2023, the latest statistical figures released on Tuesday showed, reported Xinhua. According to the Department of Economic Planning and Statistics at the Ministry of Finance and Economy, an increase in the non-oil and gas […]
Selangor will lose out if it isn’t under unity govt: DPM
KUALA SELANGOR: Selangor, arguably the country’s economic powerhouse that contributed 25.5 per cent of last year’s Gross Domestic Product (GDP), stands to lose out if it does not remain under the Unity Government’s administration after state elections take place on Aug 12. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamid said Selangor has developed […]
Sarawak sets for a record-breaking economic growth
Sarawak’s gross domestic product (GDP) increased by 6.5 per cent in 2022, with an economic value of RM140.2 billion, despite the global economic uncertainty in the post-COVID-19 era. With the return of domestic and international tourism, the services sector expanded by 9.6 per cent, led by utilities, transport, wholesale and retail trade, accommodation, and food […]
Sarawak emerges as country’s major economic force
SIBU: In 2022, Sarawak demonstrated its economic prowess as it solidified its position as the third-largest contributor to Malaysia’s Gross Domestic Product (GDP), marking a momentous achievement for the state on its 60th independence anniversary. Batang Sadong MP Rodiyah Sapiee highlighted that the state’s remarkable 9.5 per cent share of the nation’s economic output was […]
Timely recognition of Sarawak
As to giving credit to whom credit is due, rest assured the best way to do good to one’s-self is to do justice to others. There is plenty for everybody in science, and more than can be consumed in our time. One may get a fair name by suppressing references, but the Jewish maxim is […]
Agriculture sector likely to propel GDP growth
KUCHING: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg is confident the agriculture sector will contribute significantly to the state’s Gross Domestic Product (GDP) growth by the year 2026 – 2027. He said this in light of the Ministry of Food Industry, Commodity and Regional Development actively embracing all agro-based industries and economic activities […]
