DPM: Growth up due to increased local demand


KUALA LUMPUR: Malaysia continues to experience economic growth despite the global situation, largely due to high domestic demand and decline in imports, Tan Sri Muhyiddin Yassin said.

The Deputy Prime Minister said imports had dropped from 21.7% in 2010 to 8.7% the following year, while domestic demand grew by 1.9% to 8.2% last year.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Three killed, four injured after 4WD crashes into drain near Miri
KKB Polls: PAS to use experience from T'ganu, Kelantan to woo outstation voters
INTERACTIVE: Turning the tide on Ramadan food waste
Velvet explores a ‘dark’ turn
‘Urgent need for Cyber Security Bill to be implemented’
Festive boost for traders
Businesses stay afloat by giving discounts
Sanusi apologises to Anwar
Empowering labour unions to achieve their goals
Painting a picture of ‘Unity’

Others Also Read