May 11
Malaysia’s Volume Index Of Services Up By 5.8 Pct In 1Q 2026 — DOSM http://dlvr.it/TSTLF4
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Malaysia’s Volume Index Of Services Up By 5.8 Pct In 1Q 2026 — DOSM http://dlvr.it/TSTLF4
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📊 India’s Services Sector at a Glance
The Annual Survey of Services Sector Enterprises (ASSSE) by MoSPI offers vital insights into one of the strongest pillars of India’s economy.
🧭 Key Highlights: 📈 Services sector contributes 55% to India’s GVA (FY 2024–25) 👥 Employs nearly 30% of the workforce 🏢 82.4% of surveyed enterprises are Private Limited Companies
🔍 Findings from the 2024 Pilot Study: ✅ SMEs account for 63% of jobs 🏦 Large firms dominate in capital & value creation 📊 Steady growth with 8.3% average rate post-pandemic
🎯 Why It Matters: 📚 Crucial for UPSC aspirants 🧠 Informs economic policy & planning ⚖️ Emphasizes need for inclusive sectoral growth
📅 Full-scale survey set to launch in 2026
For more such Articles and Blogs, visit us.
Services Sector Revenue Soars to RM618.5 Billion in 3Q, Marking a 5.9% YoY Surge
Malaysia’s services sector saw strong growth in the third quarter of 2024, with revenue reaching RM618.5 billion, a 5.9% increase year-on-year. The growth was driven by the wholesale and retail trade, food and beverage, and accommodation sectors, benefiting from a rise in international and domestic tourism. Other sectors, including professional, real estate, and administrative services, also…