ECONOMIC REPORT LIST

Domestic equity market expected to remain resilient in 2020

KUALA LUMPUR, Oct 11 – The domestic equity market is expected to remain resilient in 2020 on account of strong macroeconomic fundamentals, ample domestic liquidity and well-developed capital market instruments.


Fiscal Responsibility Act to strengthen public finances

KUALA LUMPUR, Oct 11 -- The introduction of the Fiscal Responsibility Act, expected to be tabled in Parliament in 2021, would reinforce the government's commitment to strengthen public finances through enhancement of fiscal discipline, spending effectiveness and transparency.


Mega projects to boost construction sector in 2020

KUALA LUMPUR, Oct 11 -- The construction sector is expected to grow by 3.7 per cent in 2020, backed by the acceleration and revival of mega projects, as well as the construction of affordable homes.


CPS financial position to post lower current surplus of RM42.2 bln in 2019

KUALA LUMPUR, Oct 11 -- The consolidated public sector's (CPS) financial position is anticipated to record a lower current surplus of RM42.2 billion in 2019, due to the allocation for outstanding tax refunds, said the Ministry of Finance (MOF).


Revival of mega projects to boost construction sector in 2020  

KUALA LUMPUR, Oct 11 -- The construction sector is expected to grow by 3.7 per cent in 2020, backed by the acceleration and revival of mega projects, as well as the construction of affordable homes.


Labour market remains stable, more job opportunities in 2020

KUALA LUMPUR, Oct 11  -- The labour market is anticipated to remain stable by next year and the unemployment rate is expected to sustain at 3.3% with more job opportunities in the economy.


Malaysian economy to remain robust with GDP at 4.7 pct, 4.8 pct in 2019 and 2020

KUALA LUMPUR, Oct 11 – Prospects for the Malaysian economy remain robust amid increasing uncertainties in the external environment with the country’s real gross domestic product (GDP) expected to grow by 4.7 per cent and 4.8 per cent in 2019 and 2020 respectively.


Global, external demand shaping current account - Finance Ministry

KUALA LUMPUR, Oct 11 -- The prospects for Malaysia’s current account will be shaped by global and domestic demand, as well as commodity prices, according to the Economic Outlook report.


Agriculture sector to expand 3.4 pct in 2020

KUALA LUMPUR, Oct 11 -- The agriculture sector is forecast to expand 3.4 per cent in 2020 with growth largely emanating from higher output of plantation, livestock and other agriculture subsectors, according to the Economic Outlook 2020 report released by the Ministry of Finance (MoF).


Manufacturing sector expected to grow 4.1 pct in 2020

KUALA LUMPUR, Oct 11 -- The manufacturing sector is expected to grow 4.1 per cent by 2020, driven by steady improvement in the export-oriented industries coupled with sustained expansion in the domestic-oriented industries.




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