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The Department of Statistics releases the Industrial Production Index today: Sectors Index October 2009 % Changes Year-on-Year % Changes Month-on-Month IPI 106.5 0.7 5.7 Mining index 96.4 -2.7 2.3 Manufacturing index 109.9 1.0 7.0 Electricity index 123.1 13.4 7.7 The important column is the year-on-year one. The Industrial Production Index (IPI) in October 2009 posted […]

[2078] Of a good sign?

I should really be at University Library right now but I just could not resist blogging about this. The latest Industrial Production Index produced by the Department of Statistics has it that electricity output increased and more importantly, it increased based on year-on-year basis in July 2009. This means, electricity output has been increasing on […]

I am holding the view that the RM67 billion government spending-based fiscal stimulus as announced will not be helpful. The market will show a swing independently of spending. The swing is already happening in spite the fact that government spending has been insignificant so far. Furthermore, the magnitude of government spending is pale in comparison […]

[2008] Of it is a race, then

The federal government has set a timeline: IPOH, June 13 (Bernama) — The impact of the first and second stimulus packages totalling RM67 billion announced by the government, can only be seen in the third and fourth quarters of this year, said Second Finance Minister Datuk Seri Ahmad Husni Mohamad Hanadzlah. He said the ministries […]

Whatever the results may be for the gross domestic product growth rate for the first quarter of the year, let us be clear about one thing. The two fiscal stimulus packages have only insignificant impact, if not at all, to Malaysian economy in that period. Any effort to paint the stimulus packages as having helped […]

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