Malaysia Manufacturing PMI was Unchanged at 48.8 in April 2023
Summary:
The latest data showed that the Malaysian manufacturing sector was in a mixed state; demand remained low, causing businesses to cut back on production and purchasing. However, there were some encouraging signs when it came to new export orders. The labour market, where companies hired more workers for the fourth month in a row. Meanwhile, supplier delivery times continued to shrink, and the rate of inflation in input costs remained low. This enabled firms to lower their output prices in order to boost demand.
https://www.pmi.spglobal.com/Public/Home/PressRelease/ce2879cb7df9484caeae542c8372e9c0
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#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
Summary:
The latest data showed that the Malaysian manufacturing sector was in a mixed state; demand remained low, causing businesses to cut back on production and purchasing. However, there were some encouraging signs when it came to new export orders. The labour market, where companies hired more workers for the fourth month in a row. Meanwhile, supplier delivery times continued to shrink, and the rate of inflation in input costs remained low. This enabled firms to lower their output prices in order to boost demand.
https://www.pmi.spglobal.com/Public/Home/PressRelease/ce2879cb7df9484caeae542c8372e9c0
##
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
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Bank Negara Malaysia decided to increase the OPR by 25 basis points to 3.00 percent.
Today's MPC meeting concluded that the global economy is being driven by strong domestic demand, a strong labour market, and a stronger-than-expected Chinese economy. High-cost pressures and interest rates, on the other hand, weigh on the global economy. Core inflation remains above the national average despite overall inflation falling. As a result, the MPC decides to normalise monetary policy. Given Malaysia's economic strength, the MPC recognises the importance of maintaining appropriate monetary policy to prevent financial imbalances. Monetary policy is slightly accommodating and economically supportive.
Click for full MPC statement: https://www.bnm.gov.my/-/monetary-policy-statement-03052023
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
Today's MPC meeting concluded that the global economy is being driven by strong domestic demand, a strong labour market, and a stronger-than-expected Chinese economy. High-cost pressures and interest rates, on the other hand, weigh on the global economy. Core inflation remains above the national average despite overall inflation falling. As a result, the MPC decides to normalise monetary policy. Given Malaysia's economic strength, the MPC recognises the importance of maintaining appropriate monetary policy to prevent financial imbalances. Monetary policy is slightly accommodating and economically supportive.
Click for full MPC statement: https://www.bnm.gov.my/-/monetary-policy-statement-03052023
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
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Malaysia Q1 2023 GDP 5.6%
Malaysia's GDP grew 5.6% in Q1 2023, down from 7.1% in Q4 2022. This quarter, all supply sectors grew, especially services and manufacturing. Demand was driven by private final consumption expenditure and gross fixed capital formation.
https://www.dosm.gov.my/portal-main/release-content/c4a9dbc1-8b79-11ed-96a6-1866daa77ef9
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
Malaysia's GDP grew 5.6% in Q1 2023, down from 7.1% in Q4 2022. This quarter, all supply sectors grew, especially services and manufacturing. Demand was driven by private final consumption expenditure and gross fixed capital formation.
https://www.dosm.gov.my/portal-main/release-content/c4a9dbc1-8b79-11ed-96a6-1866daa77ef9
#UOBKayHian #UOBKayHianMalaysia #UOBKayHianWealthAdvisors
#PrivateWealth #PriorityBroking #KeyEconomicData
Bersedia untuk menyelami perbualan yang bermakna dan berkongsi pandangan dengan penceramah kami.
Tuan Mohd Shaqil Haziq. Memiliki kelayakannya yang mengagumkan, Shaqil turut merupakan ahli panel jemputan di pameran televisyen, BizMalaysia, di mana beliau banyak berkongsi pandangannya tentang ekonomi dan pasaran saham di RTM (Radio Television Malaysia).
Sertai Shaqil bersama topik perbincangan beliau di
🗓️ Pentas Utama, Invest Smart Fest , Hall 4 KL Convention Centre.
⏰ 5.45 pm, 19 November 2023
Ingin tahu rahsianya dan promosi dari kami? Hadiah menarik menanti anda di booth kami B03.
Jom jumpa anda disana!🤩
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#UOBKayHianMalaysia #UOBKayHian #UTRADE #UWEALTH #WealthAdvisors #PriorityBroking #PrivateWealth #Equities #Derivatives #WealthManagement #investsmartsc #bijaklabur #seccommy #ISF2023 #semaksebelumlabur #silaplaburduitlebur #ioscowiw2023
Tuan Mohd Shaqil Haziq. Memiliki kelayakannya yang mengagumkan, Shaqil turut merupakan ahli panel jemputan di pameran televisyen, BizMalaysia, di mana beliau banyak berkongsi pandangannya tentang ekonomi dan pasaran saham di RTM (Radio Television Malaysia).
Sertai Shaqil bersama topik perbincangan beliau di
🗓️ Pentas Utama, Invest Smart Fest , Hall 4 KL Convention Centre.
⏰ 5.45 pm, 19 November 2023
Ingin tahu rahsianya dan promosi dari kami? Hadiah menarik menanti anda di booth kami B03.
Jom jumpa anda disana!🤩
__
#UOBKayHianMalaysia #UOBKayHian #UTRADE #UWEALTH #WealthAdvisors #PriorityBroking #PrivateWealth #Equities #Derivatives #WealthManagement #investsmartsc #bijaklabur #seccommy #ISF2023 #semaksebelumlabur #silaplaburduitlebur #ioscowiw2023
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