↑ Top
DOSM Community
Respondent
Public
Wednesday, 14 November 2018|

Glossary A-Z

 
price
Description 1

The price of a good or service is defined as the value of one unit of that good or service.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
Description 2

The prices used in the calculation of the CPI are retail prices or transacted prices including all taxes imposed on those goods and services.

Prices are collected on a monthly basis for all items except for perishable food items where the collection is done on weekly basis. Rents are collected once in a quarter.


Source : Prices
Source Detail : Consumer Price Index Malaysia
price index
Description

A price index is an average of the proportionate changes in the prices of a specified set of goods and services between two periods of time.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
primary incomes
Description 1

Primary incomes are incomes that accrue to institutional units as a consequence of  their involvement in processes of production or ownership of assets that may be needed for purposes of production.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
Description 2

Primary income cover two types of transactions namely compensation of employees and investment income between residents and non-residents. Compensation of employees refer to wages, salaries, and other benefits (in cash or in kind) earned by resident workers working abroad or paid to non-resident wokers working in Malaysia.

Investment income involves income receipts and payments on external financial assets and liabilities. 

 


Source : External Sector
Source Detail : Quarterly Balance of Payments
principal activity
Description

The principal activity of a producer unit is the activity whose value added exceeds that of any other activity carried out within the same unit.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
private households
Description

Households living in private living quarters belonging to the category known as housing units, which include houses, flats and apartments, rooms (having direct access), temporary/improvised huts and other such unit, which are not occupied by institutional or non-private households.


Source : Population and Demography
Source Detail : Population and Housing Census, Characteristics of Household
private limited company
Description

This is a private corporation established to undertake a business with the objective of making a profit. The shares are closely held by shareholders of the corporation who has control over its operation. It is registered with limited liability. A private limited company has its Memorandum and Articles of Association, which among others:

a.  Restricts the righ to transfer its shares;

b.  Limits the number of its shareholder between two to fifty (not including employees of the company and past employees who are currently members);

c.  Prohibits any invitation to the public to subscribe for any share or debenture of the company; and

d.  Prohibits any invitation to the public to deposit money with the company for fixed periods or payable at call with or without interest.


Source : Services
Source Detail : Services Statistics, Information and Communications
processing systems
Description
Data is captured at branch offices using the LFS Processing Systems (a computer program developed to process the labour force data at state level). "Clean data" for each state are sent to headquarters to be merged and weighted, after which annual labour force estimates are estimated.
Source : Labour Force and Social Statistics
Source Detail : Key Indiator Of Labour Market
producer's price
Description

A producer's price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any VAT, or similar deductible tax, invoiced to the purchaser; it excludes any transport charges invoiced separately by the producer.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
production
Description

Production is an activity, carried out under the responsibility, control and management of an institutional unit, that uses inputs of labour, capital, and goods and services to produce outputs of goods and services.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)
production account
Description

The production account records the activity of producing goods and services as defined within the SNA.


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)