Despite contracting 0.3% in 2023, Germany overtook Japan to be the third world’s biggest economy with a gross domestic product of US$4.5 trillion (RM21.5 trillion). Official data also showed Japan netted 1.9% growth, or US$4.2 trillion, last year.
Malaysia aims to elevate its economy to be among the world’s top 30 largest in less than 10 years from number 37 in 2022 based on World Bank data by focusing on greater regionalisation and competitiveness, prioritising economic complexity and moving up the value chain.
Warisan president criticises state govt for scapegoating UMS students protesting ongoing water supply issues in Sabah, calling for accountability rather than blame
