China’s Yuan devaluation prompted a global sell-off in emerging markets’ currencies.China’s Yuan devaluation prompted a global sell-off...
The recent decline of the oil price – and therefore an increase in oil price volatility – have created a particularly uncertain forecasting environment that cannot be overlooked when attempting to forecast the economic outlook for 2015.
In 2013, Penang's share of the manufacturing sector to the overall GDP of the state was almost equal to that of the service sector, at 47.8%. Penang shows that its manufacturers have a higher overall share towards its income than the Malaysian average.
The price of oil dropped threefold within the first 20 days of this year, alongside a Ringgit that sorely depreciated against the US Dollar. With our dependency on oil money, how bad is the situation?
The external macro environment for 2016 remains challenging for Malaysia. Being a small and open economy, Malaysia – and Penang along with it – is h...
Advertisement2016 has been a year of surprises and shocks. Uncertainty became the new normal, as a combination of factors – Brexit, Trump's Whit...
Bayan Lepas Industrial Park.Having an open, export-driven economy means that Penang’s development is directly impacted by world events.Uncertainti...
According to the World Bank, Malaysia’s economic growth will continue at a moderate pace over the next two years. This goes together with the bank’s expectation of lower capital expenditure growth in Malaysia.