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3% growth forecast for third quarter

With Bank Negara set to release the gross domestic product (GDP) growth figures for the third quarter (3Q23) tomorrow, all eyes will understandably be on whether the latest numbers will support the government’s growth projection of 4% to 5% for 2023.

Hope is not lost for manufacturers

PETALING JAYA: As the Malaysian manufacturing sector kicked off the new year with its weakest output performance in 16 months, concerns arise about the future of the sector, which makes up almost a quarter of the domestic economy.

Oil remains on upward pressure

PETALING JAYA: Oil and gas (O&G) analysts and economists are projecting oil prices to remain firm at between US$83 (RM367) and US$127 (RM561) next year, fuelled by rising demand from China, upsurge in air travel worldwide and the prolong Russia-Ukraine war.

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