Malaysia's wholesale, retail trade grows 6.6 pct in May

STORY: Malaysia's wholesale, retail trade grows 6.6 pct in May DATELINE: July 14, 2023 LENGTH: 00:02:47 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and Kuala Lumpur City view 2. various of customers spending at retails and exhibitions 3. various of crowds on streets and shopping at a mall 4. various of foods and customers doing their grocery shopping at a supermarket STORYLINE: Malaysia's wholesale and retail trade recorded monthly sales value of 138 billion ringgit (29.68 billion U.S. dollars) in May, up 6.6 percent year-on-year, official data showed Wednesday. The Department of Statistics of Malaysia (DOSM) said in a statement that the growth was attributed to the motor vehicles sub-sector, which surged 22 percent to 17 billion ringgit. Meanwhile, retail trade expanded 5 percent to 58.8 billion ringgit and wholesale trade increased 4.4 percent to 62.2 billion ringgit. For month-on-month comparison, sales value of wholesale and retail trade rebounded 1.5 pe

Malaysia's manufacturing sales rise 3.3 pct in May

STORY: Malaysia's manufacturing sales rise 3.3 pct in May DATELINE: July 13, 2023 LENGTH: 00:02:51 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and Kuala Lumpur Twin Towers 2. various of workshops and factories 4. various of container vessels at Port Klang, Selangor STORYLINE: Malaysia's manufacturing sales value returned to a positive growth of 3.3 percent in May, after recording a decline of 2 percent in the preceding month, official data showed on Wednesday. The Department of Statistics of Malaysia (DOSM) said in a statement that the sector's sales value reached 146.8 billion ringgit (31.58 billion U.S. dollars) in May. The expansion was bolstered by a strong 17.3-percent growth registered in transport equipment and other manufactures coupled with the continuously increasing trend in non-metallic mineral products, basic metal and fabricated metal products (8.7 percent); and electrical and electronics products (8.2 percent). On month-on-month comparison, th

Malaysia's unemployment rate stands at 3.5 pct in May

STORY: Malaysia's unemployment rate stands at 3.5 pct in May DATELINE: July 12, 2023 LENGTH: 00:01:37 LOCATION: Kuala Lumpur CATEGORY: SOCIETY SHOTLIST: 1. various of Malaysia's national flag and Kuala Lumpur city landscape 2. various of Kuala Lumpur City Center street views 3. various of crowds on the street STORYLINE: Malaysia saw its number of unemployed people decline further to 584,600 in May from 586,900 in April, recording an unemployment rate of 3.5 percent, official data showed Monday. The Department of Statistics Malaysia (DOSM) said in a statement that the labor market is seen to continue a momentum of steady growth. According to the DOSM, the number of employed persons in May increased steadily, up 0.2 percent month on month to reach 16.28 million, with the labor force continuing an upward trend. The labor force participation rate remained at 70 percent in May as in the previous month in the Southeast Asian country. The DOSM said it believed the labor market would face difficulties as the M

Malaysia witnesses more domestic visitors in Q1

STORY: Malaysia witnesses more domestic visitors in Q1 DATELINE: June 28, 2023 LENGTH: 00:02:54 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of tourists at the Porta De Santiago in Malacca 2. various of tourists visiting the Stadthuys in the heart of Malacca City 3. various of the Malacca River and tourists enjoying a cruise ride in Malacca 4. various of Pulau Lang Tengah, Terengganu 5. various of Langkawi, Kedah STORYLINE: The number of Malaysia's domestic tourists rose 33.7 percent year-on-year to 48.6 million in the first quarter of 2023, official data showed Monday. The Department of Statistics Malaysia (DOSM) said in a statement that for quarter-on-quarter comparison, the number of domestic visitors increased by 3.9 percent as compared to the fourth quarter of 2022. Meanwhile, domestic tourism expenditure for the first quarter stood at 19.2 billion ringgit (4.1 billion U.S. dollars), jumped 47 percent year-on-year, and rose 4.6 percent quarter-on-quarter. DOSM data also showed that

Malaysia's manufacturing sales value falls 2 pct in April

STORY: Malaysia's manufacturing sales value falls 2 pct in April DATELINE: June 12, 2023 LENGTH: 00:02:15 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and Kuala Lumpur street views 2. various of Kuantan Port 3. various of new cars at the car yard and trucks passing by 4. various of rubber glove manufacturing 5. various of green paddy field STORYLINE: The sales value of the manufacturing sector in Malaysia declined by 2 percent to 145 billion ringgit (31.44 billion U.S. dollars) in April, after registering a positive growth of 8 percent in March, the lowest since May 2020, official data showed Friday. The Department of Statistics Malaysia (DOSM) said in a statement that the fall came largely as a result of the bad performance in the sub-sectors of food, beverages and tobacco (-12.7 percent), transport equipment and other manufactures (-4.9 percent), and petroleum, chemical, rubber and plastics (-3.1 percent). In comparison with the previous month, the sal

Malaysia's FDI up marginally in Q1

STORY: Malaysia's FDI up marginally in Q1 DATELINE: May 13, 2023 LENGTH: 00:01:26 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. Various of Kuala Lumpur city views 2. Various of crowds at a shopping mall 3. Various of crowds on the street STORYLINE: Malaysia's foreign direct investment (FDI) increased by 1.6 percent, reaching a record 893.2 billion ringgit (about 200.18 billion U.S. dollars) at the end of the first quarter of 2023, as compared to the fourth quarter of 2022, official data showed Friday. The Department of Statistics Malaysia (DOSM) said in a statement the manufacturing sector remained the largest recipient of the FDI with a value of 385.3 billion ringgit (about 86.35 billion U.S. dollars) or 43.1 percent of the total FDI. This was followed by financial activities and wholesale & retail trade. According to the DOSM, the country's FDI inflows were largely from Singapore, the United States and China's Hong Kong Special Administrative Region. Xinhua News Agency correspondents reportin

Malaysia's wholesale, retail sales up 12.4 pct in Jan.

STORY: Malaysia's wholesale, retail sales up 12.4 pct in Jan. DATELINE: March 15, 2023 LENGTH: 0:02:16 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of streets in Kuala Lumpur 2. various of 4S store 3. various of supermarkets STORYLINE: Malaysia's wholesale and retail sales grew 12.4 percent year on year to 135.1 billion ringgit (30.1 billion U.S. dollars) in January, official data showed Monday. The Department of Statistics Malaysia (DOSM) said in a statement that the growth was attributed to the retail trade sub-sector, which recorded an increase of 21.7 percent to 59.6 billion ringgit (13.3 billion U.S. dollars). Meanwhile, the sales of motor vehicles expanded 20.1 percent to 15.2 billion ringgit (3.39 billion U.S. dollars). Wholesale trade, on the other hand, went up 3.1 percent to 60.4 billion ringgit (13.49 billion U.S. dollars). However, for month-on-month comparison, the data showed the sales value of wholesale and retail trade declined by 1.6 percent, as the motor vehicle

Malaysia's wholesale, retail trade rise 19.6 pct, services revenue rises 20.3 pct in 2022

STORY: Malaysia's wholesale, retail trade rise 19.6 pct, services revenue rises 20.3 pct in 2022 DATELINE: Feb. 9, 2023 LENGTH: 00:02:35 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag with street views 2. various of customers shopping in stores 3. various of crowds 4. various of street views of Bukit Bintang, Kuala Lumpur 5. various of visuals at food court 6. various of crowds doing their grocery shopping in supermarket STORYLINE: Malaysia's wholesale and retail trade rose 19.6 percent year on year to 1.6 trillion ringgit (about 0.37 trillion U.S. dollars) in 2022, official data showed Wednesday. The Department of Statistics Malaysia (DOSM) said in a statement that the growth was underpinned by retail trade, which increased by 23.9 percent to settle at 661.1 billion ringgit. This was followed by wholesale trade which expanded 10.7 percent to 710.3 billion ringgit. As for pre-pandemic comparison, sales of wholesale and retail trade in 2022 surpassed th

Malaysia's construction sector rebounds 8.8 pct in 2022 after 2-year decline

STORY: Malaysia's construction sector rebounds 8.8 pct in 2022 after 2-year decline DATELINE: Feb. 9, 2023 LENGTH: 00:02:09 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of construction sites in Malaysia STORYLINE: Malaysia's construction sector rebounded by 8.8 percent in 2022 after a two-year fall, official data showed Wednesday. The Department of Statistics Malaysia (DOSM) said in a statement that all sub-sectors picked up during the year with a double-digit growth recorded in special trade activities (19.6 percent) and non-residential buildings (18.7 percent). In the meantime, the civil engineering and residential buildings sub-sectors turned around to positive growth of 2.7 percent and 3.4 percent, respectively. While the total value of work done in construction in 2022 amounted to 121.9 billion ringgit (28.35 billion U.S. dollars), it remained lower than the pre-pandemic period, which was 146.4 billion ringgit (34.06 billion dollars) in 2019. According to the DOSM, the value of wo

Malaysia's inflation rises 4.5 pct in September

STORY: Malaysia's inflation rises 4.5 pct in September DATELINE: Oct. 22, 2022 LENGTH: 00:01:36 LOCATION: Kuala Lumpur CATEGORY: SOCIETY/ECONOMY SHOTLIST: 1. various of crowds doing their grocery shopping in a supermarket 2. various of food on display racks in a supermarket STORYLINE: Malaysia's inflation, as measured by consumer price index, rose 4.5 percent in September, lower than 4.7 percent in August, official data showed on Friday. The Department of Statistics Malaysia (DOSM) said in a statement that food inflation increased at a slower rate of 6.8 percent as compared to 7.2 percent in August. Apart from food, groups that recorded a high increase were restaurants and hotels (6.9 percent), followed by transport (5.3 percent); furnishings, household equipment and routine household maintenance (4.4 percent) and housing, water, electricity, gas and other fuels (4 percent). For the period of January to September, the inflation stood at 3.3 percent as compared to the same period of 2021. The increase

Malaysia sees number of deaths rise in 2021 due to COVID-19

STORY: Malaysia sees number of deaths rise in 2021 due to COVID-19 DATELINE: Oct. 13, 2022 LENGTH: 00:02:40 LOCATION: Kuala Lumpur CATEGORY: HEALTH SHOTLIST: 1. various of COVID-19-related public service announcements in Kuala Lumpur 2. various of medical practitioners at work 3. various of crowds accepting COVID-19 swab test 4. various of Kuala Lumpur Twin Towers and Kuala Lumpur Hospital with ambulances on the road STORYLINE: The number of deaths in Malaysia rose 34.5 percent to 224,569 in 2021 from 166,970 in 2020 due to the COVID-19 pandemic, official data showed Thursday. The crude death rate (CDR) also recorded an increase from 5.1 deaths in 2020 to 6.9 deaths in 2021 per 1,000 population, the Department of Statistics Malaysia (DOSM) said in a statement. All age groups recorded an increase in the number of deaths except the group aged 0-14 which saw the number decrease from 4,288 to 4,115 in 2021. The number of deaths for the group aged 41-59 years recorded the highest increase by 44 perce

Malaysia's manufacturing sales grow 24.4 pct in August

STORY: Malaysia's manufacturing sales grow 24.4 pct in August DATELINE: Oct. 13, 2022 LENGTH: 00:01:36 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of general views in Malaysia STORYLINE: Malaysia's manufacturing sales value in August grew 24.2 percent to 157.4 billion ringgit (33.6 billion U.S. dollars) from a year ago, official data showed Wednesday. The growth in sales value for the month was driven by electrical and electronics products subsector which surged 25.8 percent; petroleum, chemical, rubber and plastic products subsector that soared 27.6 percent; food, beverages and tobacco products subsector which jumped 18.4 percent, the Department of Statistics Malaysia (DOSM) said in a statement. Based on a month-on-month basis, the total sales value rose by 5.9 percent. For the period January to August, the manufacturing sales value increased by 17.4 percent year-on-year to 1.16 trillion ringgit (248 billion U.S. dollars). Xinhua News Agency correspondents reporting from Kua

Malaysia's unemployment rate remains unchanged in August

STORY: Malaysia's unemployment rate remains unchanged in August DATELINE: Oct. 11, 2022 LENGTH: 00:01:29 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur Twin Towers 2. various of street views 3. various of workers queuing to enter factory STORYLINE: Malaysia's unemployment rate in August remained unchanged at 3.7 percent as compared to July, official data showed Tuesday. The number of unemployed persons sustained its downward trend, falling 1.4 percent to 612,000 persons from 620,700 in July, the Department of Statistics Malaysia (DOSM) said in a statement. Meanwhile, the employed persons remained stable, rising 0.2 percent to 16.02 million persons from 15.98 million persons in July. The employment-to-population ratio, which indicates the ability of an economy to create employment, went up by 0.1 percentage points to 67.1 percent in August. By economic sector, the number of employed persons in the service sector remained on an increasing trend, particularly in food and bev

Malaysia's inflation rises to 4.7 pct year on year in August

STORY: Malaysia's inflation rises to 4.7 pct year on year in August DATELINE: Sept. 24, 2022 LENGTH: 00:01:43 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. Malaysia's national flag 2. various of crowds in shopping mall 3. various of crowds shopping at the supermarket STORYLINE: Malaysia's inflation rate in August 2022 increased to 4.7 percent year on year, official data showed Friday. The increase was contributed by food and non-alcoholic beverages, which increased by 7.2 percent, the Department of Statistics Malaysia (DOSM) said in a statement. Month on month, the increase in August moderated to 0.2 percent as compared to 0.4 percent in July. This was mainly contributed by the food and non-alcoholic beverages and transport group which increased at a slower rate than the previous month. From January to August, inflation increased 3.1 percent compared to the same period of the previous year. It was driven by the strong demand, commodity prices that remain high, and disruptions in g

Malaysia's leading index remains stable at 109.5 points in July

STORY: Malaysia's leading index remains stable at 109.5 points in July DATELINE: Sept. 23, 2022 LENGTH: 00:02:25 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of container vessels at Penang Port, Malaysia 2. various of container vessels at Northport of Port Klang, Selangor 3. various of container yard at Port Klang, Selangor 4. various of container truck on road STORYLINE: Malaysia's leading index (LI) which predicts the economic direction on average of four to six months ahead, remained stable by registering 109.5 points in July, as compared to 105.2 points a year ago. This corresponds to LI growth of 4.1 percent year-on-year, lower than 5.3 percent in June, the Department of Statistics Malaysia (DOSM) said in a statement. Real imports of other basic precious and other non-ferrous metals persisted as the main impetus to the growth due to an increase in demand related to platinum-based metals. Looking at month-on-month performance, LI posted a negative 2 percent in the reference month as

Malaysia's wholesale, retail trade sales value up 41 pct on year in July

STORY: Malaysia's wholesale, retail trade sales value up 41 pct on year in July DATELINE: Sept. 12, 2022 LENGTH: 00:01:06 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur Twin Towers 2. various of new cars at car yard 3. various of crowds doing their grocery shopping in supermarket STORYLINE: Malaysia's wholesale and retail trade sales value rose 41 percent year on year to 130.7 billion ringgit (29.02 billion U.S. dollars) in July, official data showed Monday. The positive growth was contributed by all sub-sectors, namely motor vehicles which surged 613.8 percent, retail trade which jumped 37.5 percent, and wholesale trade which grew 20.6 percent, the Department of Statistics Malaysia (DOSM) said in a statement. In terms of volume index, wholesale and retail trade registered a growth of 33.7 percent year-on-year to record 142.5 points. The growth was supported by the increases in motor vehicles (681.6 percent), retail trade (31.6 percent), and wholesale trade (10.8

Malaysia's manufacturing sales value surges 23.4 pct, IPI rises 12.1 pct in June

STORY: Malaysia's manufacturing sales value surges 23.4 pct, IPI rises 12.1 pct in June DATELINE: Aug. 10, 2022 LENGTH: 00:03:40 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur Twin Towers 2. various of container located at yard 3. various of container vessels at Northport of Port Klang, Selangor 4. various of Malaysia's National Flag 5. various drone and time-lapse shots of Kuala Lumpur landscape 6. various of container located at yard STORYLINE: Malaysia's manufacturing sales value surged 23.4 percent year on year to a record high of 153.5 billion ringgit (about 34.5 billion U.S. dollars) in June, and the Industrial Production Index (IPI) increased 12.1 percent in June as compared to the same month of the previous year, official data showed Tuesday. According to the Department of Statistics Malaysia (DOSM), in the second quarter, sales value of the manufacturing sector grew 17.4 percent to 443.5 billion ringgit as compared to the same quarter of the previous year. Th

Malaysia's producer price index eases to 10.9 pct in June

STORY: Malaysia's producer price index eases to 10.9 pct in June DATELINE: July 29, 2022 LENGTH: 00:01:25 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of lorries and container trucks at the entrance of Port Klang 2. various of container vessels at Northport of Port Klang, Selangor 3. various of container yard at Port Klang, Selangor STORYLINE: The growth in Malaysia's Producer Price Index (PPI), which measures the prices of goods at factory gate, eased to 10.9 percent in June from 11.2 percent in May, official data showed Wednesday. All sectors recorded a double-digit increase except for utility sectors, the Department of Statistics Malaysia (DOSM) said in a statement. The manufacturing sector, which is the highest weight in the PPI (81.6 percent), posted a 10 percent increase in June. Although the sub-sectors from the manufacturing sector recorded a two-digit increase, the magnitude of the increase has slowed down, according to DOSM. Meanwhile, the index for agriculture, forestry and

Malaysia's inflation increases 3.4 pct in June

STORY: Malaysia's inflation increases 3.4 pct in June DATELINE: July 23, 2022 LENGTH: 00:02:01 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of crowds queuing up at the cashier counters in supermarket 2. various of crowds doing their grocery shopping in supermarket 3. various of supermarket staff tidying the bottled cooking oils on rack 4. various of crowds picking fish at the seafood counter in supermarket STORYLINE: Malaysia's inflation, as measured by consumer price index, increased by 3.4 percent in June from a year ago, due to higher food prices, official data showed Friday. The increase surpassed the average inflation of 1.9 percent in Malaysia for the period January 2011 to June 2022, the Department of Statistics Malaysia (DOSM) said in a statement. According to DOSM, the food index increased 6.1 percent and remained as the main contributor to the rise in the inflation during the month of June. Other groups except communications also recorded increases. Transport incr

Malaysia's producer price index rises 11.2 pct in May

STORY: Malaysia's producer price index rises 11.2 pct in May DATELINE: June 29, 2022 LENGTH: 00:01:29 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of factories area in Kuala Lumpur and stores of the factories 2. various of lorries in the factories area 3. various of Kuala Lumpur city views (file) STORYLINE: Malaysia's producer price index (PPI), which measures the prices of goods at the factory gate, rose 11.2 percent year-on-year in May on higher commodity prices, official data showed on Tuesday. The increase in the PPI for local production was attributed to the mining index that increased 20.6 percent, the Department of Statistics Malaysia (DOSM) said in a statement. Meanwhile, agriculture, forestry and fishing grew by 16.7 percent, mainly led by an increase in indices of growing of perennial crops, fishing and non-perennial crops. The manufacturing index also registered a double-digit growth of 10.1 percent for the first time since August 2011, underpinned by an increase in