Inflation, the culprit of interest rate hikes? theSun theSundaily BusinessOwner economy interestrates inflation Malaysia
: Looking back at the eventful 2022 where Malaysians voted for a new government while on the other side of the globe, the Ukraine-Russia war continues to sow death and destruction to the people, April 1, 2022, however marked D-day for Malaysia as its borders finally reopened after two years of COVID-19 closure.
He assured that the unity government under his administration will ensure the stability of the country and its economy, as well as uphold the spirit of the Federal Constitution. According to Bank Negara Malaysia , the Q2 performance was supported by the strengthening domestic demand underpinned by the steady recovery in labour market conditions and the ongoing policy support, despite the low-base effect from the Full Movement Control Order last year.
On exports, DoSM statistics showed that from January to October 2022, Malaysia’s exports increased 28.5 per cent y-o-y to RM1.29 trillion against RM1.0 trillion in the same period last year, while imports surged 35.4 per cent y-o-y to RM1.08 trillion from RM801.0 billion previously, with trade surplus gaining 1.3 per cent y-o-y to RM205.61 billion versus RM202.91 billion.
Although the governor expected the headline inflation to have peaked in Q3, she projected the inflation would remain elevated by year-end and reassured that Malaysia is not expecting a recession in 2023, in line with the improvements in economic growth.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Polis Kuala Lumpur catat kadar pertuduhan kes mahkamah tertinggiBerdepan cabaran besar untuk memuaskan hati pihak yang mengadu dengan angka tinggi itu jika dibandingkan dengan kekuatan pegawai dan anggota kontinjen.
Read more »
Malaysian-born architect is one of the winners of the 2022 TechWomen100 AwardsFrom Perak, Catharine Arul Dass has been named one of the top 100 women in tech in Britain for her work in building conservation using digital technology.
Read more »
Star Education Fair 2022 returns, providing options and solutionsGEORGE TOWN: Back with a bang for the second time this year, the Star Education Fair 2022 welcomes those looking for a one-stop education fair with a myriad of options.
Read more »
Penang myStarJob Fair 2022 kicks off to good startGEORGE TOWN: The maiden myStarJob Fair 2022 held in Penang has kicked off to a good start as those looking for a new job or career path have options galore.
Read more »
Neuer patah kaki selepas Jerman tewas di Piala Dunia 2022Malang buat penjaga gol Jerman, Manuel Neuer apabila hasratnya untuk menenangkan fikiran dengan aktiviti ski bertukar tragedi apabila kakinya patah.
Read more »
Ezra Kong raih royalti MACP 2022 paling tinggiDalam pada itu, penyanyi dan komposer muda berbakat, Naim Daniel diangkat sebagai Komposer Muda Berpotensi tahun ini.
Read more »