Siti Asiah Is Appointed Chief Statistician
PUTRAJAYA, July 15 (Bernama) – Department of Statistics Malaysia’s deputy chief statistician (economic programme) Siti Asiah Ahmad has been named chief statistician, effective today.
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Economy
Fiscal Deficit Marginally Higher Despite More Allocated For Fuel Subsidy -- HLIB
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is expected to keep its 2026 fiscal deficit broadly on track despite allocating an additional RM25 billion for fuel subsidies, with the deficit to come in at 3.6 per cent of gross domestic product (GDP).
Govt To Study The Need For National Petroleum Reserve Stock - PM Anwar
KUALA LUMPUR, July 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.
Malaysia Not Seeing Two-Speed Economy As Growth Remains Broad-Based -- Economist
KUALA LUMPUR, July 15 (Bernama) -- Malaysia is not showing signs of a two-speed economy despite heightened global trade tensions and geopolitical uncertainties, with growth continuing to be supported by broad-based contributions from the manufacturing, services and construction sectors.
HLIB Lifts Malaysia’s 2026 GDP Forecast To 4.7 Pct On Strong E&E Exports
KUALA LUMPUR, July 15 (Bernama) -- Stronger-than-expected electrical and electronics (E&E) exports and robust global semiconductor demand have prompted Hong Leong Investment Bank (HLIB) to raise Malaysia’s 2026 gross domestic product (GDP) growth forecast to 4.7 per cent from 4.5 per cent previously.
PTL Properties Opens Sales Gallery For The Rimbun In Bukit Mertajam
BUKIT MERTAJAM, July 15 (Bernama) -- Penang-based property developer, PTL Properties Sdn Bhd has officially opened the sales gallery for The Rimbun, its latest affordable strata townhouse development in Bukit Mertajam.
Ringgit To Outperform Regional Peers Despite Stronger Greenback -- Standard Chartered
KUALA LUMPUR, July 15 (Bernama) -- The Malaysian ringgit is expected to remain one of the region's better-performing currencies alongside the Singapore dollar, supported by solid economic fundamentals and impact of higher oil prices, even in a stronger US dollar environment, according to Standard Chartered Bank.
No Changes To Fiscal Projections Under Budget 2027 For Now -- Liew
KUALA LUMPUR, July 15 (Bernama) -- There is no need to review current projections under Budget 2027 based on the government’s fiscal performance for the first half of 2026, said Deputy Finance Minister Liew Chin Tong.
Malaysia's Property Market To Remain Supported By Infrastructure, Specialised Assets
KUALA LUMPUR, July 15 (Bernama) -- Malaysia's property market is expected to remain supported by investment activity, infrastructure development and demand for specialised assets in the second half of 2026 (2H2026).
Indonesia's External Debt Rises To US$444.4 Bln In May
JAKARTA, July 15 (Bernama) -- Indonesia's external debt rose to US$444.4 billion in May, with annual growth accelerating slightly to 2.1 per cent year-on-year (y-o-y) from 2.0 per cent in April, supported by continued expansion in public sector borrowing.
APO Hands Over Nepal's 10-Year Productivity Master Plan
KUALA LUMPUR, July 15 (Bernama) -- The Asian Productivity Organization (APO), a regional intergovernmental organisation, has formally handed over the National Productivity Master Plan for Nepal 2026–2036 to the Government of Nepal during an online ceremony jointly organised with the National Productivity and Economic Development Centre (NPEDC) and the Ministry of Industry, Commerce, and Supplies.
Enest Group To Double Production With New Kajang Facility
KUALA LUMPUR, July 15 (Bernama) -- Enest Group Bhd plans to double its bird's nest production capacity with the development of a new manufacturing facility in Kajang, which is expected to commence operations in 2028.