Malaysia consolidates its position among the world’s top 20 most competitive economies, moving up two spots to no. 18 in the World Economic Forum’s (WEF) Global Competitive Index (GCI) 2015-2016.
What do rating agencies think of Malaysia’s economic outlook? Global rating agencies share their views.
Experts share their views at an Economic Update forum.
It is easy to surmise that Malaysia is facing an economic calamity, except we are nowhere near the levels of the Asian Financial Crisis of 1998.
The country is in a far stronger position now than during the Asian Financial Crisis, with the economy expected to post 4.5 to 5.5% growth this year, thanks to proactive measures taken by the government.
Malaysia has moved into the top half of a Budget Transparency Score survey, achieving a score of 46 out of 100 on the overall Open Budget Index. This is slightly above the global average of 45, tying with the likes of India and the Ukraine, and ahead of Thailand, Vietnam and China.
While the economic climate is undeniably facing uncertainties as a result of external and internal challenges, the government is confident, that given the nation’s strong fundamentals, the country is able to weather the volatilities impacting the economy. Earlier today at the Economic Update 2015 organised by the Economic Transformation Programme (ETP), top government officials and […]
Malaysia saw a modest growth of investments in the first half of 2015 (1H15), with new approved direct investments totalling RM113.5 billion, up from RM112.0 billion in 1H14.
MITI Deputy Minister recognises business leaders at the Asia Pacific Entrepreneurship Awards; encourages SMEs to adopt “ASEAN strategy”.
The state uses transformation lab to find effective solutions to meet its GDP targets.
Economists are generally encouraged with what they see as a “respectable” 1H15 GDP growth of 5.3% yoy.
Bank Negara Malaysia’s recent intervention to prop up the Malaysian Ringgit, now at its 17-year low, is reportedly eating into our country’s reserves. Should we be concerned about its impact on the nation’s external finance?
Malaysia is 8th most efficient government in the world, says WEF.
Research house: Broad strategy in line with economic reality; success comes from effectiveness of execution of policies across the board.
Malaysia has shown significant progress towards becoming a high-income nation since the Economic Transformation Programme (ETP) was launched in October 2010. “ETP is moving in the right direction in encouraging private investment,” states RHB Research.
The year 2014 was filled with tough challenges for Malaysia but the measures initiated under the Economic Transformation Programme in the last five years helped Malaysia deal with the difficulties with agility and confidence.
Prime Minister Dato’ Sri Najib Razak says country on track to reach its economic growth target.
Growth in 2015 would be sustained by expansion in domestic demand amid strong domestic fundamentals and a resilient export sector. Malaysian Ringgit “significantly undervalued” and does not reflect Malaysia’s strong fundamentals.
Despite global economic uncertainty, active measures to narrow the national fiscal deficit have strengthened Malaysia’s outlook.
In view of changes in the global economic landscape, Prime Minister Dato’ Seri Najib Razak yesterday announced a number of proactive measures to ensure Malaysia’s growth, development and deficit ambitions remain on track.