Periodic Reports
Macro Update: The State of Selangor – Summary
Selangor is the biggest contributor to national gross domestic product (GDP). In comparison with other states in Malaysia, Selangor’s real GDP grew at the fastest pace – at 6.8% – in 2018. The state’s superior economic growth was underpinned by a sustained expansion in key sectors, namely services (7.6%), construction (6.6%) and manufacturing (6.3%). During …
Macro Update: The State of Penang – Summary
Known as the “Silicon Valley of the East” for its strong electronics and electrical (E&E) manufacturing base, Penang is the main economic driver for Northern Malaysia. It recorded the highest gross domestic product (GDP) per capita among the 13 states in Malaysia since 2014. One of the nation’s major trading hubs, Penang is among Malaysia’s …