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PETALING JAYA: The economy is anticipated to face challenges in preserving the recovery momentum as the Leading Index (LI), which acts as an indicator of the future movement of the overall economy, eased to 6.9% in May 2021 year-on-year (y-o-y) after rising 15.7% in April, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR: Malaysian economy is anticipated to face challenges in preserving the recovery momentum as the Leading Index (LI) which acts as an indicator of the future movement of the overall economy eased to 6.9 per cent in May 2021 year-on-year (y-o-y) after rising 15.7 per cent in April, said the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR: The Statistics Department anticipates a favourable economic performance, based on the positive April leading index (LI), but the strength of the recovery will hinge on the impact and extent of the Covid-19 pandemic.
Malaysia’s economic outlook has improved, with the Statistics Department describing March indicators as encouraging in the near term, but it expects prevailing challenges to continue to persist.
KUALA LUMPUR: Malaysia’s leading index (LI) rose at a faster pace in February, hinting at improved sentiment and an upbeat near-term economic prospect.
Malaysia’s near-term economic prospects remain upbeat as the country’s Leading Index (LI) increased by 8.2%, underpinned by healthcare and transportation, and as more people get vaccinated.
PETALING JAYA: Leading indicators show that Malaysia’s economy is still on the mend, but the pace of growth could be dragged down by the ongoing movement control order (MCO).
PETALING JAYA: Despite the negative effects of the targeted conditional movement control order (MCO) in the fourth quarter of 2020, the economy is expected to continue recovering on the back of growing domestic demand
AMID a short working week in the United States in conjunction with Thanksgiving holiday, the dollar weakened by 0.43% to 91.99 – hitting the lowest level since January 2018 on the back of easing political noises after President Trump accepted that President-elect Joe Biden’s transition into the White House must begin as well as ongoing vaccine optimism.
KUALA LUMPUR: Malaysia's economy is expected to continue its recovery as seen in the Leading Index (LI), which increased by 8.6 per cent to 109.5 points in September 2020 compared with 100.8 points a year ago, said the Statistics Department.