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Resumption of China's outbound travel to boost Malaysia's GDP, says economists-Xinhua

Resumption of China's outbound travel to boost Malaysia's GDP, says economists-

Resumption of China's outbound travel to boost Malaysia's GDP, says economists

The effect of stronger tourism activity due to the resumption of China's outbound travel could boost Malaysia's gross domestic product (GDP) by at least 1 percentage point, says UOB Global Economics & Market Research on Friday.The research ...

Resumption of China's outbound travel to boost Malaysia's GDP, says economists-Xinhua

Resumption of China's outbound travel to boost Malaysia's GDP, says economists-

Resumption of China's outbound travel to boost Malaysia's GDP, says economists

Resumption of China's outbound travel to boost Malaysia's GDP, says economists

Investegate |Schroder AsiaPacific Announcements | Schroder AsiaPacific: Result of AGM

Investegate announcements from Schroder AsiaPacific, Result of AGM

Headline inflation eased to six-month low of 3.8% in December

Inflation, as measured by the consumer price index, eased to a six-month low of 3.8% in December 2022 as compared to 4.0% in November, the Department of Statistics Malaysia (DOSM) said on Friday (Jan 20).

China's reopening, RCEP and CPTPP ratification will help boost Malaysia's export growth, say economists

Potential spillover effect from China's reopening, and greater access to global markets following Malaysia's ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP) and the Progressive Agreement for the Trans-Pacific Partnership (CPTPP), will have a positive effect on Malaysia’s export growth in 2023, say economists. However, they also warned that the expected slowdown in global growth, escalation of geopolitical tensions, trade war, and renewed pressure on the global supply chain could negatively impact the trade outlook.

Another 25bps OPR hike expected in January as November inflation stays elevated

As robust consumer demand drove November's consumer price index up 4% year-on-year — with core inflation hitting a new high of 4.2% — economists expect the upbeat momentum to continue and result in Bank Negara Malaysia having to raise the overnight policy rate or OPR by another 25 basis points to 3% in its Monetary Policy Committee meeting next month.

Exports hit a soft patch