18 Feb '11, 12pm

Malaysia's economy slows to 4.8% in Q4

Malaysia's economy slows to 4.8% in Q4

KUALA LUMPUR: Malaysia's economy slowed to 4.8 per cent growth in the fourth quarter, hit by falling exports, but for the whole year it saw better-than-expected 7.2 per cent expansion, the central bank said Friday. Bank Negara said the slower growth globally had led to a weaker performance in Malaysia's export-dependent economy in the three months to December. Gross domestic product rose 5.3 per cent in the third quarter. Exports fell to 3.7 per cent in the December quarter compared with 10.4 per cent in the previous three months. "The slower growth in exports was due mainly to the lower exports of manufactured products, reflecting the softening global demand for electronics," Bank Negara said in a statement. Electrical and electronic items account for about 40 per cent of Malaysia's total exports. The full-year figure beat the government's target of 7.0 per cent and follo...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

Thailand's economy returns to growth in Q4

channelnewsasia.com 21 Feb '11, 6am

BANGKOK: Thailand's economy returned to growth in the fourth quarter of 2010, snapping out of a brief recession on the bac...

Economy grew at record pace last year: By Aaron Low The MTI also said that the 2009 recession was not as bad as

Economy grew at record pace last year: By Aaron...

straitstimes.com 17 Feb '11, 10pm

The MTI also said that the 2009 recession was not as bad as previously thought, with the economy contracting by just 0.8 p...

British economy shrinks by 0.6% in Q4

British economy shrinks by 0.6% in Q4

channelnewsasia.com 25 Feb '11, 10am

LONDON : Britain's economy shrank by a worse-than-expected 0.6 per cent in the fourth quarter, official data showed on Fri...

Asia to play vital role in global economy

Asia to play vital role in global economy

channelnewsasia.com 16 Feb '11, 1pm

SINGAPORE: A fragile recovery in advanced nations means Asia will increasingly play a more vital role in the global econom...

Geithner says House budget cuts would damage economy: PARIS - THE US$61 billion (S$77.7 billion) in budget cuts

Geithner says House budget cuts would damage ec...

straitstimes.com 19 Feb '11, 11pm

The US$61 billion (S$77.7 billion) in budget cuts approved by the Republican-controlled US House of Representatives would ...

#Singaporean #Economy and its Growth lies in it...

focussingapore.com 09 Feb '11, 6am

Shopping malls in Singapore specially those along the Orchard Road, Bugis Junction, China Town etc show hectic activity an...

M'sian police have arrested 3 men over the disappearance of more than 700,000 ultrathin condoms worth S$1.9 million

M'sian police have arrested 3 men over the disa...

straitstimes.com 18 Feb '11, 3am

Malaysian police have arrested three men over the disappearance of more than 700,000 ultrathin condoms that went missing a...

More Singaporeans are going to Malaysia for its...

straitstimes.com 15 Feb '11, 8am

The dailies reported that since March 2010, Singaporeans could charge medical expenses to their Medisave account (medical ...

wildsingapore news: Malaysia: Citizens Of The E...

Look around and observe. Motor vehicles hurt the air, toxic chemicals being channelled into rivers, solid wastes not manag...