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BNM: Malaysia 2Q GDP grows 8.9% y-o-y

Malaysia’s economy, as measured by gross domestic product (GDP), grew 8.9% year-on-year (y-o-y) in the second quarter of 2022 (2Q22) as domestic demand strengthened amid normalising economic activity as the country moved towards Covid-19 endemicity and reopened its international borders, Bank Negara Malaysia (BNM) said on Friday (Aug 12). ....

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Malaysia's economy grows 8.9 pct on year in Q2

KUALA LUMPUR, Aug. 12 (Xinhua) The Malaysian economy registered a stronger growth of 8.9 percent in the second quarter as domestic demand continued to streng ....

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MAA ups Malaysia's car sales volume forecast, cites 'pent-up' demand

The Malaysian Automotive Association (MAA) has raised its 2022 Malaysian automotive total industry volume (TIV) forecast by 5% to 630,000 cars, from the previously estimated 600,000, following the pent-up demand for new cars in the first half of 2022, taking into account the country's economic recovery from the impact of Covid-19-driven movement restrictions, which had hurt car sales after the pandemic began in early 2020. ....

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Firefly bets on jet operations to turn a profit by 2024

FLYFIREFLY Sdn Bhd, the low-cost arm of Malaysia Aviation Group Bhd (MAG), expects to turn a profit for the first time in 2024, which is when the International Air Transport Association (IATA) sees global travel demand recovering to pre-Covid-19 levels. And Firefly CEO Philip See Yew Jin is betting on the commencement of jet operations in April this year to help the carrier turn a profit. ....

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