Malaysia’s 2021 fiscal deficit to hover between 6.5-7 pct of GDP
KUALA LUMPUR, July 19 — Malaysia’s fiscal deficit is expected to go up to between 6.5 and seven per cent of its gross domestic product...
Full shutdown of manufacturing sector will have adverse effect on economy
KUALA LUMPUR, July 19 — The full closure of the manufacturing sector, which contributes more than RM1 trillion in exports annually, will adversely affect the...
Economist calls on govt to keep economy going as ‘people need to live’
KUALA LUMPUR, July 13 — Malaysia needs to learn and rethink basic assumptions about the economy for it to move forward and help people in...
ECKL: Customisation of policies, programmes needed to support economic sectors
KUALA LUMPUR, July 13 — There is a need for customisation of policies and programmes to enable the identification of sectors or regions where more...
Ringgit opens lower by 95 bps against US dollar
KUALA LUMPUR, July 8 — The ringgit opened weaker against the US dollar today as market participants took note of the political and Covid-19 situation...
Malaysia records 26 pct jump in Jan-May trade to RM867.4 bln, trade surplus soars 112.2 pct
KUALA LUMPUR, June 28 — Malaysia’s total trade grew by 26 per cent year-on-year (y-o-y) to RM867.4 billion in the first five months of 2021,...
Selangor’s vaccination drive to kickstart economic recovery — Exco
SHAH ALAM, June 25 — The Selangor Covid-19 Vaccination Programme (SCVP), which includes inoculating workers in the manufacturing sector, is aimed to help the state’s...
Ringgit drops 235 bps against US dollar on Fed’s interest rate expectations
KUALA LUMPUR, June 17 — The ringgit further weakened against the US dollar at the close today as the greenback rose sharply after the US...
Indonesian president approves two new special economic zones
JAKARTA, June 16 — Indonesian President Joko Widodo officially granted special economic zone (SEZ) status to a technological park and an aircraft maintenance facility in...
Malaysia’s economic recovery affected by surge in Covid-19 cases — Moody’s
KUALA LUMPUR, June 7 — Malaysia’s economic recovery is expected to be affected by the latest surge in Covid-19 infections that triggered a two-week lockdown,...
Wider vaccination and herd immunity are vital to Malaysia’s economic recovery
KUALA LUMPUR, May 14 — A stronger push towards wider vaccination and herd immunity will be key to the domestic recovery and should facilitate an...
Economic sector in MCO areas can operate as usual subject to existing SOP — Miti
KUALA LUMPUR, May 5 — All economic sectors including the manufacturing sector in six districts in Selangor placed under the movement control order (MCO) are...