Malaysia’s economy projected to grow up to 4.8 percent
The Central Bank of Malaysia (BNM) has forecast that Malaysia’ economy will grow by between 4.3 and 4.8 percent this year, the country’s News Strait Times reported on March 24.
Kuala Lumpur(VNA) – The Central Bank of Malaysia (BNM) has forecast that Malaysia’ economywill grow by between 4.3 and 4.8 percent this year, the country’s News StraitTimes reported on March 24.
Gradual improvement ofglobal growth, commodity prices and domestic demand would lend assistance toeconomic activities, said BNM Governor Muhammad Ibrahim on March 23.
Inflation pressurewill likely to rise due to higher global commodity and energy prices and weakerringgit.
There will be monthswhen the inflation rates go up to above 4 percent, he noted.
The Governor addedthat all sectors are projected to register positive growth this year, with theservices and manufacturing industries as the key contributors to overallgrowth.
The agriculture sectoris also expected to recover after the El Nino weather phenomenon while themining is predicted to remain steady.
The Alliance Bank alsoprojected that Malaysia’s economic growth will be around 4.4 percent with theresilience in private consumption amid manageable headwinds like soft labourmarket and weak consumer confidence.-VNA
The Malaysian government has decided to open a visa processing centre in Xiamen city, Fujian province, China, to attract at least one million tourists from this Chinese province this year.
Malaysia expects to welcome 31 million tourists in 2017, raking in 114 billion ringgits (25.61 billion USD), said Tourism and Culture Minister Mohamed Nazri Aziz.
Malaysia will deport about 50 workers from the Democratic People's Republic of Korea (DPRK) with expired visas, Malaysian Deputy Prime Minister Ahmad Zahid Hamidi said on March 14.
Malaysia’s Defense Ministry has signed a total of 35 agreements valued at 3.8 billion RM (860 million USD) at the 14th Langkawi International Maritime and Aerospace (LIMA) exhibition 2017.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
Illustrative photo (Photo: New Straits Times) 
