#Malaysia economy

[kazifatagar]

Upward revision of GDP growth forecast with sustained growth prospects ahead

Apex Research has upgraded Malaysia’s 2024 GDP growth forecast to 5.2% from 4.1%, while maintaining the 2025 forecast at 4.6%. The revised outlook reflects stronger domestic spending, improving labor market conditions, progressive income growth, ongoing investment projects, a global technology upcycle, and recovering tourism. Political stability has improved, supporting economic reforms and…

[nottheeconomy]

Hetalia stuff I did~ (mostly sg hahahaha)

Haven’t had the time recently to complete full illustrations so I can only give doodles 🫠

…ok yeah I can’t believe I became a fan of my own country personification

I have so many thoughts on this loser it’s insane

[zvaigzdelasas]

Progressive Liberalism is a very nice idea but is simply missing the huevos to call for the constitutionally uncontested single-party rule that would be necessary to actually implement it's advertised goals

[xtruss]

[m8103]

body scrubber

[sepangcircuit]

people begging for sepang to come back on the calendar is making me sad bc IK!!!!! i want sepang back i want to watch a race at my home circuit but unless the government does something with our current economy and lets us afford a contract with the fia it is not coming back anytime soon

[dustykiller65]

I was always comparing Singapore with Malaysia,as since I went political and radical,but I think this trip just ended the comparison.

The picture shown above is my visit to the Singapore's Central Business District near the bay.

I was absent for four year since my last visit back in 2018,and all it took was 4 years to prove it to me

The abundance of bank corpo tower,the facility,the high night life,the diversity of socials,these are all that open my eyes,the fact that I was wrong for comparing them,because Malaysia was never a competition for Singapore.

With the current uncertain financial times of Malaysia and the RM1 trillion national debt that was recently announced by the wizard himself,PM 10 Datuk Seri Anwar Ibrahim,it is getting harder or even none to see a glimpse of hope in recovering Malaysia to its former glory days

I am leaving Malaysia sooner or later,but before I do,like any other Malaysian,at least we ought to see Malaysia recover,hopefully.

[carlocarrasco]

World Bank (WB) sees strong Philippine economic growth in 2024 and 2025

By citing positive factors in its latest report, the World Bank (WB) raised its Philippine economic growth forecasts for 2024 and 2025, according to a BusinessWorld news report. To put things in perspective, posted below is an excerpt from the BusinessWorld report. Some parts in boldface… THE World Bank (WB) has raised its economic growth forecasts for the Philippines for this year and in 2025,…

[uniqueeval]

Swiss court convicts two executives of embezzling $1.8bn from 1MDB | Corruption News

Court sentences PetroSaudi executives to six and seven years in Malaysia investment fund fraud case. The Swiss Federal Criminal Court has convicted two executives from an oil exploration company for embezzling more than $1.8bn from Malaysia’s state investment fund 1MDB. The verdict on Wednesday was the latest episode in the 1MDB scandal, a complex tale of international corruption that has…

[thisisbjoeblog]

Economy 101: BlackRock Investment Company - Critical Information

BlackRock, the world’s largest investment manager, has a diverse portfolio that includes significant stakes in some of the largest companies globally. As of early 2024, their top equity holdings encompass leading tech firms such as Apple, Microsoft, Amazon, and Google. Additionally, it owns several investment management and technology platforms, having acquired companies like Merrill Lynch…

[kazifatagar]

Remarkable growth of trade performance with exports up by 12.3%

Malaysia’s trade performance showed remarkable growth in July 2024, achieving an 18.3% year-on-year increase, the fastest in 21 months. The total trade value for July reached RM255.88 billion, driven by strong exports and imports. Exports rose by 12.3% to RM131.15 billion, while imports surged by 25.4% to RM124.73 billion, resulting in a trade surplus of RM6.42 billion. Read more Business…

[chainreactionpodcast]

Economic Slowdowns, Geopolitical Tensions, and Industry Shifts

What if the global supply chain you rely on every day is more fragile than you think? The latest episode of the Chain Reaction Podcast dives into this very question, tackling the pressing issues shaking up supply chains worldwide. From China’s economic slowdown and the troubles in their property market to the escalating protectionism impacting trade rules, this episode equips you with a nuanced…

[head-post]

Laos, Indonesia, Malaysia to hold “informal consultation” as regional talks begin

Southeast Asian foreign ministers will gather in Laos this week for a series of meetings as a shadow of instability hangs over the region, highlighted by civil unrest in Myanmar and tensions in the South China Sea, The Straits Times reports.

Following the ASEAN foreign ministers’ meeting on July 27, Laos will host two summits on key global issues, with officials from the United States, the European Union, Japan, China, Russia and other countries attending.

ASEAN foreign ministers will discuss so far fruitless efforts to end the devastating conflict that has escalated into a civil war in military-ruled Myanmar that has displaced 2.6 million people, according to the United Nations.

ASEAN’s largest members, including Thailand, Indonesia, Singapore and Malaysia, are frustrated by the junta’s unwillingness to honour its dialogue commitments, testing the bloc’s credibility and the viability of a peace plan agreed months after the 2021 coup.

It is unclear what progress, if any, Laos has made as chair of the bloc in advancing the previous Indonesian chair’s work with Myanmar’s generals and its armed opposition.

A senior Indonesian foreign ministry official, Sidharto Suryodipuro, said the issue was complex and would take time to resolve, with Laos actively engaged in trying to bring peace. He said at a briefing last week:

Diplomatic efforts cannot end overnight. Progress is slow … these efforts are being made cautiously. Under the Lao chairmanship, the special envoy is reaching out to many parties.

Read mroe HERE

[coopsday]

ILO joins a regional network meeting on the social and solidarity economy in Asia and the Pacific.

The regional conference showcased the landscape of social and solidarity economy actors contributing towards the Sustainable Development Goals and strengthened the regional network on the social and solidarity economy in Asia-Pacific region. The regional MySDG International Conference “Building Inclusive Communities through SDGs and Social and Solidarity Economy Initiatives” held in Kuala Lumpur, Malaysia on 27-28 January 2024 showcased the landscape of social and solidarity economy actors that contribute towards localization of the Sustainable Development Goals (SDGs) and strengthened the network of the social and solidarity economy actors and promoters in Asia-Pacific region. The conference, co-organized by MySDG Academy (All-Party Parliamentary Group Malaysia) and Asian Solidarity Economy Council (ASEC) brought together over 120 government officials, international organizations, activists, practitioners, community leaders from 15 countries in the region.

[chawsl]

All the best to Malaysia! God bless Malaysians!

[thedesignair]

Malaysia Airlines on the road to excellence with new cabins

In a recent event in Malaysia, the country’s flag-carrier revealed new cabins for the airline’s impending A330neo fleet, with the first of these shiny new aircraft scheduled for delivery in Q3 2024. We are thrilled to see the airline really doubling down on its proposition in a bid to win back market share. The A330neo will comprise 297 seats with 28 in Business Class and 269 in Economy Class,…