S&P Global expects Malaysia’s economy to grow at 3.2% in 2023
Malaysia’s economic growth is expected to ease to 3.2 per cent this year, following the strong growth of 8.7 per cent in 2022, said S&P Global Ratings (S&P). Its Asia-Pacific economist, Vishrut Rana said the downtrend reflects external weaknesses as the global trade and electronics industry cycle softens this year, after two years of strong […]
Anwar: Malaysia secures a record RM170 bil worth of investment commitments from China
Malaysia has secured a record RM170 billion worth of investment commitments from China. The amount, the biggest so far from China, is from a total of 19 memoranda of understanding (MOU) sealed between businesses in China and Malaysia. Prime Minister Datuk Seri Anwar Ibrahim said this shows investors’ confidence in Malaysia. “We have achieved the […]
Ramadan Kareem
Ramadan Kareem to all the Muslims! May this month bring you abundant blessings, immense joy and love.
China to continue driving global growth
Spring Festival has traditionally been an occasion for family reunion, and celebration with Chinese New Year eve dinner. It is a time of hope and joy. It is also a time to take stock of the achievements of the past year and plan for an even better year ahead. Well begun is half done, so […]
DOSM: Foreign direct investment higher at RM19.3b in 4Q
Malaysia recorded a higher net inflow of RM19.3 billion in foreign direct investment (FDI) in the fourth quarter of 2022 (4Q2022), compared with RM12.3 billion in the preceding quarter, said the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said manufacturing remained as the largest sector receiving FDI, followed […]
Malaysia’s GDP growth set to be highest in Asean
Malaysia’s gross domestic product (GDP) is projected to hit 8.4% in 2022 compared with 3.1% in 2021, marking the highest growth among Asean countries, according to Bank Islam Malaysia Bhd. The GDP growth for the fourth quarter of 2022 is expected to reach 5.7%. Bank Islam chief economist Firdaos Rosli said this would be a […]
Happy Thaipusam
Happy Thaipusam to all who celebrate! May you and your family be blessed with good health, happiness, peace and prosperity. #Thaipusam #APIB
Happy Chap Goh Mei
Asia Pacific Investment Bank wishes everyone a happy Chap Goh Mei! On this auspicious day, may you and your family be blessed with happiness, prosperity and good health.
Happy Federal Territory Day
Happy Federal Territory Day to everyone who is staying and celebrating in Kuala Lumpur, Labuan and Putrajaya!
China remains a magnet for long-term investment
The Covid-19 outbreaks and the downward economic pressure posed short-term challenges to certain market players in China in 2022. But many foreign-funded firms have remained upbeat and even upped their local investment, indicating their confidence in the country’s growth over the long run. In the first 11 months of 2022, China’s foreign direct […]