The government has provided over RM600 million for the development of rubber smallholders this year, with half of it allocated to accelerate the replanting programme, since the agricultural commodity is typically susceptible to price fluctuations.
Malaysia's total supply and use registered an increase of 13.2% year-on-year (y-o-y) to RM4.6 trillion in 2021, reflecting the country's ability to withstand the continuous economic challenges, the Department of Statistics Malaysia (DOSM) said.
Singapore’s exports returned to growth for the first time in more than a year, although it was hardly a sign of recovery in external demand.
The downturn in euro zone business activity surprisingly deepened in December, according to closely watched surveys which indicated the bloc's economy is almost certainly in recession.
U.S. business activity picked up in December amid rising orders and demand for workers, which could further help to allay fears of a sharp slowdown in economic growth in the fourth quarter.
Production at U.S. factories rose in November, lifted by a rebound in motor vehicle output following the end of strikes, but activity was weaker elsewhere as manufacturing grapples with higher borrowing costs and softening demand.