Malaysia S Economy Loses Momentum In Q3 But Outlook Intact



(Reuters) – Malaysia’s economy grew at its slowest pace in a year in the third quarter as exports faltered, but the central bank said growth will remain positive and maintained its outlook for 2019.
Gross domestic product grew 4.4 per cent in the July-September quarter, slowing from the 4.9 per cent pace in the previous quarter, the central bank said on Friday (Nov 15). The outcome was in line with the 4.4 per cent rise forecast in a Reuters poll.
Bank Negara Malaysia (BNM) maintained its full-year growth target of 4.3 per cent to 4.8 per cent. The government has projected growth of 4.7 per cent.
Malaysia was the only Southeast Asian nation to record an acceleration in economic growth in the April-June quarter from the previous quarter, though growth slowed in the second half from a contraction in exports. Shipments slumped to their lowest in nearly three years in September.
Last week, the central bank unexpectedly cut banks’ statutory reserve requirement to inject liquidity, the first in three years and only days after it left its key policy interest rate unchanged.

Asked if there was any chance of a rate cut next year, BNM Governor Nur Shamsiah Mohd Yunus said it was something the monetary policy committee would constantly monitor.
“We are not on any preset course,” she told reporters. “We continue to monitor external developments and how it affects our outlook for growth and inflation. And we will always be data dependent.”
BNM last cut its key policy rate in May.
Nur Shamsiah also said Malaysia was working on addressing any concerns of FTSE Russell, which in September gave the country at least another six months to escape eviction from its widely-tracked government bond index.
She said the central bank’s recent measures had given greater flexibility to offshore investors to hedge positions onshore and that forex transaction volumes were growing and cost of transactions coming down.
“On our part we will continue to engage with index providers and investors to ensure (we address) whatever pain points they have and whatever measures we can put in place for greater efficiency in the market,” Nur Shamsiah said.
The ringgit fell 1.1 per cent against the US dollar in the third quarter, which BNM attributed to heightened risk aversion amid the protracted Sino-US trade war.
Malaysia’s current account surplus fell to 11.5 billion ringgit (US$2.78 billion) in the third quarter, from the 14.3 billion ringgit in the previous period.
The headline inflation rate came in at 1.3 per cent in the third quarter but is expected to be “low” in 2019, and modest though higher in 2020, BNM said.
Inflation has remained benign after an unpopular consumption tax was scrapped in June 2018, and as the government tried to cap domestic fuel prices.
 


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2019/11/15/malaysias-economy-loses-momentum-in-q3-but-outlook-intact/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Pakatan Harapan Loses Tanjung Piai But Crushes Gerakan

Pakatan Harapan Loses Tanjung Piai But Crushes Gerakan

papar berkaitan - pada 18/11/2019 - jumlah : 333 hits
Barisan Nasional trounced Pakatan Harapan by a convincing 14 000 vote majority in unofficial results of the Tanjung Piai by election tonight Voters delivered a smack in the face to Pakatan Harapan a year after PH had upset BN with a slim vi...
Malaysia Airlines Fpx Exclusive Campaign Enjoy Up To 15 Off Economy Fares

Malaysia Airlines Fpx Exclusive Campaign Enjoy Up To 15 Off Economy Fares

papar berkaitan - pada 21/11/2019 - jumlah : 340 hits
Malaysia Airlines FPX Exclusive Campaign Enjoy up to 15 off Economy fares when you pay via FPX Offer valid from 19th Nov till 25th NovBook Now
Muhyiddin Malaysia Has Terror Transit Problem But We Act On It

Muhyiddin Malaysia Has Terror Transit Problem But We Act On It

papar berkaitan - pada 4/11/2019 - jumlah : 305 hits
Home Minister Muhyiddin Yassin today acknowledged Malaysia s problem as a transit for terrorism but said the government was constantly curbing such elements He said this in response to a US State Department report which said Malaysia remain...
In Malaysia Who Calls The Shots

In Malaysia Who Calls The Shots

papar berkaitan - pada 6/11/2019 - jumlah : 310 hits
Who controls or polices the police Assemblyman Saari Sungib said that when being interrogated by the Special Branch during his ISA detention the SB told him that the police could determine the next prime minister On Friday Lim Guan Eng the ...
Malaysia Mungkin Menggunakan Alternatif Satelit Untuk Akses Internet Selain Daripada Fiber Selepas Ini

Malaysia Mungkin Menggunakan Alternatif Satelit Untuk Akses Internet Selain Daripada Fiber Selepas Ini

papar berkaitan - pada 6/11/2019 - jumlah : 277 hits
Kerajaan hari ini mengatakan mereka sedang melihat kepada beberapa alternatif dalam terus menambah baik penawaran akses internet kepada pengguna sekaligus memastikan rakyat tempatan bersedia ke arah ekonomi digital sepenuhnya Buat masa ini ...
Macc Chief Malaysia Aims To Locate Further Rm19b In 1mdb Linked Assets

Macc Chief Malaysia Aims To Locate Further Rm19b In 1mdb Linked Assets

papar berkaitan - pada 6/11/2019 - jumlah : 224 hits
The authorities have estimated that there are still RM18 9 billion of unidentified assets and property linked to scandal hit 1Malaysia Development Bhd spread across at least five countries Malaysian Anti Corruption Commission Chief Commissi...
Usah Lagi Biarkan Malaysia Dibelenggu Rasuah Dan Tamak

Usah Lagi Biarkan Malaysia Dibelenggu Rasuah Dan Tamak

papar berkaitan - pada 6/11/2019 - jumlah : 150 hits
JOHORTIMES MY Please Subscribe to JohorTimes Youtube https www youtube com channel UCBGyB6bgPwLLTOahiWTGuFQ Facebook https www facebook com johortimes my Twitter https www twitter com JohorTimes Instagram https www instagram com JohorTimes ...
The Jho Low Vs Zakir Naik Paradox Afflicting Malaysia

The Jho Low Vs Zakir Naik Paradox Afflicting Malaysia

papar berkaitan - pada 6/11/2019 - jumlah : 279 hits
As a senior citizen I echo the kopi tiam talk being shared by many citizens It is over the latest breaking news of wanted Malaysian businessman Low Taek Jho who is discovered now being given cover in Cyprus The Inspector General of Police A...
Sambutan World Sandwich Day Bersama Skippy Peanut Butter Malaysia

Sambutan World Sandwich Day Bersama Skippy Peanut Butter Malaysia

papar berkaitan - pada 6/11/2019 - jumlah : 590 hits
Hi Korang Pernah dengar World Sandwich Day Haruslah tidak kann Ye jangan kata korang even kak lily pun baru tahu hari tuh Best jugak ek ada menda menda ni at least kite appreciate sandwich kan hehehhe Kenal SKIPPY Peanut Butter tak Giler ta...
Tattoos Raised And Itchy

Bersatu Man Demands Dnb Exit Strategy For U Mobile

Khutbah Jumat Jumadil Awal Tangis Ibnu Rawahah Jelang Perang Mu Tah

Tattoos Portland Maine

Bertolak Ansurlah

Kisah Adv 160 Pengajaran Dari Bateri Lemah

Haram Guna Dan Jual Vape Dewan Pemuda Pas Pahang Zahir Sokongan Penuh Terhadap Titah Sultan

Flexibility In Business Operations


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


How To Survive Thanksgiving Travel

Mb Kami Sempoi Tak Paham Buka Google Translate

Kawal Emosi Anak Pakar Psikiatri Kongsi Tip Mudah

Resipi Cheese Tart

Mixology Vape S Commitment To Quality Crafting The Best Vape Flavours Nz

Pensyarah Didakwa Hina Nabi Jawi Turut Buka Siasatan