Economy News


27 June 2020 - Malaysia calls for cohesive economic measures among ASEAN members
  1. More ​Malaysia has called for cohesive economic measures among ASEAN member states to build socioeconomic resilience in mitigating the impact of COVID-19, said the International Trade and Industry Ministry (MITI)
26 June 2020 - Govt should realign focus to stimulate domestics investments: DOSM
  1. More The time is ripe for Malaysia to realign its focus towards stimulating domestic investments by encouraging local businesses to invest in high potential industries such as healthcare, medical supplies and pharmaceuticals, as well as the information and communications technology-related industry, according to the Statistics Department
25 June 2020 - Malaysia will ride out COVID-19 storm better than others, says World Bank
  1. More The World Bank is confident of Malaysia's fiscal resilience to withstand the onslaught of the economic crisis caused by the COVID-19 pandemic
25 June 2020 - Malaysia's stimulus packages have softened COVID-19 impact -- Mustapa
  1. More The government’s stimulus packages and the short-term economic recovery plan have softened the impact of the COVID-19 pandemic and paved a path towards economic recovery, says Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed
24 June 2020 - Companies in Malaysia focus on employee support despite Covid-19-induced cost pressure — survey
  1. More ​Companies in Malaysia are decreasing recruitment budget while prioritising employee engagement and support initiatives to cope with the impact of the Covid 19 pandemic, human resource consulting firm Mercer LLC said
24 June 2020 - Supporting Domestic Industry Players during an Unprecedented Crisis
  1. More The entire world was caught off-guard by the unprecedented challenges from the COVID-19 pandemic. In battling this, many governments have had to put drastic measures in place. The pandemic has impacted not only our everyday lives but also the productivity, supply chains and growth plans of many businesses
23 June 2020 - Improvements by regulators, industry players effective economic buffers against COVID-19
  1. More Regulators and industry players have put in place a lot of improvements, since the last economic crisis, in their respective sectors in terms of policy, operational matters, manufacturing and businesses, which have proved to be effective economic buffers against the negative effects of COVID-19
22 June 2020 - Covid-19: US businesses in Malaysia adjusting, seizing opportunities
  1. More ​United States-based companies in Malaysia have resumed operations and are adjusting to the— with a focus on mitigating the risks that emerged while driving efficiency and productivity
19 June 2020 - Paradigm shift in business thinking needed to deal with unintended economic consequences — Azmin
  1. More ​Small and medium enterprises (SMEs) are urged to make a paradigm shift in business thinking by adopting new technologies in all aspects of business operations in order to deal with unintended economic consequences
17 June 2020 - Malaysia remains competitive amid COVID-19 pandemic - MIDA
  1. More ​Malaysia remains competitive amid the COVID-19 pandemic and is moving ahead as one of the top global manufacturing nations through the adoption of Industry 4.0 technologies, said the Malaysian Investment Development Authority (MIDA)
14 June 2020 - Mustapa: Economic recovery unaffected by Covid-19 developments
  1. More ​Current developments related to the Covid-19 pandemic do not affect the country's economic recovery during the Recovery Movement Control Order (RMCO) period, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed
13 June 2020 - MPC: Penjana digitalisation initiatives will boost productivity
  1. More ​Businesses and the public will benefit from the National Economic Recovery Plan (Penjana) incentives on digitalisation and technology which when properly implemented will lead to a surge in business productivity, said the Malaysia Productivity Corp (MPC)
11 June 2020 - Standard Chartered Malaysia inks MoU with MIDA to bring in foreign investments
  1. More ​Standard Chartered Bank Malaysia Bhd has inked a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to attract foreign investments as part of the country's recovery from Covid-19
11 June 2020 - Malaysia's FDI rises 3.1% to RM31.7b in 2019, on higher investment from Japan
  1. More Foreign direct investment (FDI) into Malaysia has increased 3.1% to RM31.7 billion in 2019, compared with RM30.7 billion in 2018, according to the Department of Statistics Malaysia
11 June 2020 - MIDA: Malaysia’s total investment to be lower this year but will recover
  1. More Total investment coming into Malaysia this year is unlikely to reach the RM207.9 billion recorded last year
11 June 2020 - Attracting high-value investments to Malaysia
  1. More Standard Chartered Malaysia has inked a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to bring in high-value, high-technology and high-impact investments into Malaysia
11 June 2020 - Malaysia’s 2020 investments unlikely be the same as 2019’s
  1. More ​Although it is unlikely that Malaysia will be able to achieve the same amount of total approved investments recorded in 2019 due to the Covid-19 pandemic this year, it is expected to recover next year in line with the revival of the global economy
10 June 2020 - RM35 bln PENJANA Plan meets expectations - SERC
  1. More ​The RM35 billion National Economic Recovery Plan (Penjana) announced by the government last week broadly meets expectations, says independent and non-profit think tank Socio-Economic Research Centre (SERC)
10 June 2020 - IPSOS: Malaysians need to adapt fast to new normal for economy to recover
  1. More ​Malaysians need to adapt quickly to the new normal in order for the economy to recover from the fallout caused by the Covid-19 pandemic, according to a recent finding by a market research company, IPSOS
08 June 2020 - World Bank: Malaysia's economic recovery to begin from end-2020
  1. More ​Malaysia’s economy can be expected to be on the recovery path starting from the end of this year and return to growth in 2021, said the World Bank
07 June 2020 - Penjana reignites growth of trade, industrial, manufacturing sectors
  1. More ​The National Economic Recovery Plan (Penjana) is a sustainable economic stimulus package aimed at reigniting the growth of the country’s trade, industrial and manufacturing sectors that have been battered by Covid-19
05 June 2020 - Penjana well covered to help kick-start economic recovery in pandemic crisis - economists
  1. More The Government’s RM35 billion Short-Term Economic Recovery Plan (Penjana) announced today has been well received by economists who say it is well covered to help kick-start the recovery stage of the country’s economy amid the COVID-19 pandemic
05 June 2020 - Highlights of the short-term Economic Recovery Plan
  1. More ​Prime Minister Tan Sri Muhyiddin Yassin announced the short-term Economic Recovery Plan (Penjana) on June 5, 2020
05 June 2020 - 'Penjana initiatives will help boost investors' confidence'
  1. More ​The National Economic Recovery Plan (Penjana), which lays a foundation for financial support and initiatives for the business community, will help improve business sentiment among foreign investors
05 June 2020 - ​Govt wooing foreign companies to shift businesses to Malaysia: Muhyiddin
  1. More The government is dishing out various tax incentives and reinvestment allowances to attract foreign direct investments (FDIs) in the quest to reinvigorate economic growth
03 June 2020 - Several industries continue to show growth, still hiring: Jobstreet
  1. More ​Jobstreet has found that several industries, including information technology, manufacturing, banking, retail and healthcare continued to show growth and are still hiring during the COVID-19 pandemic, according to its country manager Gan Bock Herm
03 June 2020 - Exhibitions key to jumpstart Malaysia's economy - MACEOS
  1. More Face-to-face exhibitions have the potential to reconnect, restart and rebuild communities and economies amid the COVID-19 crisis, according to the Malaysian Association of Convention and Exhibition Organisers and Suppliers (MACEOS)
03 June 2020 - Economic Recovery Plan to cushion economy from sharp contraction — Affin Hwang Capital
  1. More Affin Hwang Capital expects the upcoming Short-Term Economic Recovery Plan (ERP) to cushion the domestic economy from a sharp contraction
02 June 2020 - Nearly 70% of workforce back at work as of May 17 — Tengku Zafrul
  1. More Some 10.25 million people or 67.2% of the workforce had returned to work as of May 17, up from 6.64 million people or 43.6% a week earlier (May 10), said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz
01 June 2020 - Malaysia may see gradual economic recovery starting next quarter - MIDF Research
  1. More ​After the “largely expected” economic contraction for the 2020 second quarter (Q2), Malaysia may see a gradual recovery starting from the third quarter depending on its progress in containing the COVID-19 outbreak, said MIDF Research
30 May 2020 - Malaysia set for recovery in 2021 with most employees back at work - Tengku Zafrul
  1. More ​In line with the reopening of the economy which saw nearly 70 per cent of the workforce returning to work in various sectors, Malaysia has the capacity that is set to spur an economic recovery in 2021, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said
29 May 2020 - Economic recovery plan to continue through private sector collaboration - MOF
  1. More ​The short-term economic recovery plan which will be announced by the Prime Minister will see continued cooperation between the government and the private sector to ensure its smooth and orderly implementation to revive the economy
28 May 2020 - MITI to woo Japanese companies seeking to leave China -- Azmin
  1. More The Ministry of International Trade and Industry (MITI) is identifying Japanese companies seeking to relocate their operations from China that can be invited to invest in Malaysia
28 May 2020 - Malaysia in good position to benefit from Japan's economic stimulus package, says ambassador
  1. More ​Asean member states, particularly Malaysia, will be in good position to reap benefits from Japan’s economic stimulus package due to its close proximity to Japan economically and historically, besides having extensive Japanese business network, said Japan’s Ambassador to Malaysia Hiroshi Oka
28 May 2020 - Govt expects businesses to ramp up productivity soon
  1. More ​The government is anticipating more businesses to reopen next week after the Hari Raya Aidilfitri celebration and resume their full productivity level in the coming weeks
22 May 2020 - As economy reopens, World Bank tells Malaysia to transform businesses to survive new normal
  1. More World Bank lead economist Richard Record said today the Malaysian Government’s approach should eventually move from mitigating COVID-19 pandemic-driven supply and demand shocks to transforming business sectors to survive the new normal
20 May 2020 - Public & private sectors need to intensify collaboration as nation restarts economy -- Mustapa
  1. More ​The public and private sectors need to intensify their strong collaboration in the new era of COVID-19 to support the economy as the country restart businesses, mainly through the support of digital transformation, Minister in the Prime Minister's Department Datuk Seri Mustapa Mohamed said
18 May 2020 - Gig economy to emerge as essential employment sector
  1. More It would eliminate the need for some existing jobs as businesses switch to faster turnaround options and cost-cutting measures
18 May 2020 - Improve investment processes, says Agong
  1. More ​The Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah said the country’s investment approval processes, especially for high-impact projects, should be made more efficient and quickly
17 May 2020 - Penang expected to rebound quickly from pandemic
  1. More ​Penang will be able to rebound quickly from the pandemic thanks to its diversified economy and significant strides made in the services and manufacturing sectors in the past decade, said Penang Insititute director Steven Sim Chee Keong
14 May 2020 - Important for EU businesses in Malaysia to benefit from Covid-19 stimulus package, says head of delegation
  1. More ​It is important that Malaysia-based European companies could benefit from the stimulus package that the government has offered for Covid-19 the same way as other companies in Malaysia would, said Ambassador and Head of the Delegation of the EU to Malaysia, Maria Castillo Fernandez
13 May 2020 - Rethink, reinvent, revitalise in new normal, industries urged
  1. More ​Industries must rethink, recover and revitalise their businesses in the aftermath of the Covid-19 pandemic to move forward, said Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali
13 May 2020 - Govt to launch short-term economic recovery plan - Zafrul
  1. More ​The Government will be implementing a short- and medium-term economic recovery plan to rejuvenate the country’s economic growth soon, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz
13 May 2020 - Govt to announce economic recovery plan by end of May
  1. More ​The government will be announcing a six-month economic recovery plan by the end of this month to resuscitate the country’s economy post-Covid-19
13 May 2020 - Economic activity to improve in 2H 2020, says Bank Negara governor
  1. More ​Malaysia's economic activity is expected to gradually improve in the second half of the year (2H 2020) after Covid-19 containment measures are eased and the domestic movement control order (MCO) is lifted, said Bank Negara Malaysia (BNM)
13 May 2020 - Covid-19 can be a blessing in disguise for businesses, says economist
  1. More ​The rise of digital economy has reshaped the way business is done with consumer behaviour evolving with more options becoming available, amidst unstoppable competition among businesses as barriers to entry are greatly reduced during Covid-19
13 May 2020 - Construction, transportation, IT sectors to drive Malaysia's economic growth, say economists
  1. More ​Despite recording a moderate Gross Domestic Product (GDP) growth of 0.7 per cent in the first quarter (1Q) of this year, analysts and economists remain confident of Malaysia’s future prospects in the next six to 12 months, suggesting that the construction, transportation and information technology (IT) sectors will be key drivers of economic growth going forward
12 May 2020 - Time ripe to reset economy - MASA
  1. More ​The time is ripe for the government to reset the economy following the unprecedented new normal caused by COVID-19 through a strategic recovery plan to revive it and protect Malaysians, especially those who have lost their income during the Movement Control Order (MCO)
10 May 2020 - Economists: CMCO a crucial decision to balance economy, health
  1. More ​The implementation of the conditional movement control order (CMCO) is a crucial decision to balance the country’s economic interest, while not striking out the Covid-19 pandemic development
08 May 2020 - MITI: Firms may reopen without approval letter
  1. More ​Companies may resume business operations from May 4 without an approval letter from the Ministry of International Trade and Industry (MITI) and COVID-19 screening of workers is not mandatory, said the Ministry
07 May 2020 - Covid-19 effects won’t impact 12th Malaysia Plan: Tengku Zafrul
  1. More ​The 12th Malaysia Plan (12MP) is not currently seen as being negatively impacted by the effects of the Covid-19 pandemic, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz
05 May 2020 - 83% of Malaysian companies not considering layoffs: Survey
  1. More ​A recent survey conducted by Korn Ferry showed that 83% of Malaysian companies are not considering permanent staff layoffs or redundancies, but are rather focusing on people cost management measures such as salaries, short-term incentives and annual bonuses
04 May 2020 - All parties must stand united in combatting Covid-19 and restarting the economy — Azmin
  1. More Effective today companies from almost all sectors of the economy are allowed to operate following the Government's decision on 29 April 2020. Nevertheless, the Government is aware that several States are not co-operating in implementing the Government's decision. The decision to reopen the economic sectors under the terms of the Conditional Movement Control Order (CMCO) was taken with utmost care, caution and responsibility supported by data and findings by the Ministry of Finance, MITI, Bank Negara Malaysia and Khazanah Nasional Berhad
03 May 2020 - World Bank: Productivity-driven growth crucial to return to pre-crisis levels
  1. More ​As most businesses in Malaysia have been allowed to resume operations tomorrow, the World Bank expects the government to set the foundations for longer-term productivity-driven growth, resilience and competitiveness
03 May 2020 - MITI announces latest procedures for PCO endorsement
  1. More ​Malaysian companies seeking Preferential Certificate of Origin (PCO) endorsement services from the International Trade and Industry Ministry (MITI) must comply with the latest procedures that will take effect during the Conditional Movement Control Order (CMCO) period starting Monday
03 May 2020 - Firms focus on preventive measures as they reopen during CMCO
  1. More With nearly all economic sectors and business activities allowed to resume operations from tomorrow, many companies say they will be taking preventive measures to ensure the health of their employees during the conditional movement control order period
03 May 2020 - A need to restart the economy
  1. More COVID-19: A pathogen that has caused global economic disruptions leading to the world falling into recession mode and millions of jobs hanging by a thread
02 May 2020 - Reopening of economic sectors will have positive impact on country’s economy: Miti
  1. More The International Trade and Industry Ministry (Miti) has welcomed Prime Minister Tan Sri Muhyiddin Yassin’s announcement to allow almost all economic sectors to resume operations starting Monday
02 May 2020 - Economist: Conditional MCO necessary to strike balance between health, economic demands
  1. More ​The government’s move to announce the conditional movement control order (MCO) effective Monday, May 4, was in response to heightening economic pressure, said economist Madeline Berma
01 May 2020 - Economists: Malaysia’s economy poised to recover with gradual reopening of sectors under CMCO
  1. More The gradual reopening of various sectors of the economy, with companies and organisations strictly adhering to the standard operating procedures (SOP) under the Conditional movement control order (CMCO), is important to enable Malaysia recovers positively, said economists
28 April 2020 - NCS's decision to allow sectors to increase operational capacity deemed timely -- AMCHAM
  1. More The American Malaysian Chamber of Commerce (AMCHAM) has lauded the National Security Council’s decision to allow all approved sectors to increase their operational capacity and operate fully without time constraints
28 April 2020 - Companies allowed to operate during MCO can go full capacity, says Azmin
  1. More ​Economic sectors allowed to operate at half capacity during phases one to three of the movement control order (MCO) are allowed to carry on business at full capacity from Wednesday (April 29)
28 April 2020 - Malaysia en route to win economic war against Covid-19 pandemic
  1. More Malaysia did well in the way it handled Covid-19 from spreading and the sheer size of its fiscal stimulus as well as its aggressive monetary policy, but analysts also note that the country will be negatively impacted by its overdependence on external demand, supply chain disruption, a diminishing resource balance and high debt
27 April 2020 - SMEs urged to stay positive, be alert for govt initiatives
  1. More ​The Malaysia Productivity Corporation (MPC) has urged businesses to rise from the Covid-19 crisis by staying positive and to view it as an opportunity to be even more productive by leveraging on technologies
25 April 2020 - Govt committed to helping SME weather economic challenges - PM Muhyiddin
  1. More ​The government will ensure that the local small and medium enterprises (SME) sector will remain resilient and sustainable in facing the current economic challenges, especially the cash flow problem during the Movement Control Order (MCO) period, said Tan Sri Muhyiddin Yassin
24 April 2020 - Strong, productive workforce key to Malaysia's economic resilience
  1. More ​The Malaysian economy has the resiliency to bounce back from the current situation due to its strong and productive labour force, an economist said
23 April 2020 - Government formulating economic recovery plan for short, medium and long term
  1. More ​Prime Minister Tan Sri Muhyiddin Yassin has directed the Ministry of Finance, Economic Planning Unit (EPU), and the Prime Minister's Department to formulate a comprehensive Economic Recovery Plan for the short, medium and long term
23 April 2020 - Economic activities to fully rebound by Q3 this year: MIER
  1. More ​Economic activities including trade and investment are expected to fully rebound by the third quarter of 2020 (Q3) and further strengthen through 2021 under the Malaysian Institute of Economic Research’s (MIER) best-case scenario
22 April 2020 - COVID-19: Gig economy creates jobs, healthy competition
  1. More The Movement Control Order (MCO) implemented since March 18 following the outbreak of COVID-19 has indirectly transformed the daily lives of the people and bolstered the popularity of the gig economy which has changed the economic landscape drastically
22 April 2020 - Malaysia to experience short-term benefit from China
  1. More ​RHB Investment Bank said Malaysia is expecting a short-term benefit from the reopening of China's economy after COVID-19 but the general weakness is likely to kick in as recession seems to be looming
20 April 2020 - Malaysia, South Korea strive to boost Asia-Pacific economy
  1. More ​Malaysia and South Korea strive to strengthen the economy of Asia-Pacific region without neglecting the health and welfare of the people, said International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali
20 April 2020 - Approved investments up 1.7 pct to RM208 bln in 2019 - MIDA
  1. More Malaysia attracted RM207.9 billion worth of approved investments in the manufacturing, services and primary sectors last year, up 1.7 per cent compared to 2018
19 April 2020 - 50,000 applications from companies to operate during MCO
  1. More ​The International Trade and Industry Ministry (Miti) has bolstered its preparedness to ensure that the economy can be reopened with close collaboration between itself, the Health Ministry (MoH) and the National Security Council
17 April 2020 - Penang identifies measures to cushion COVID-19 economic impact over longer term
  1. More ​The Penang Government has identified four “longer-term” measures to minimise the adverse impact on the economy following the Movement Control Order (MCO) to curb the spread of COVID-19
17 April 2020 - Do more to encourage investments to face post-Covid, Penang govt told
  1. More The Penang state government needs to continue promoting investment opportunities in the state, as part of efforts to reinvigorate the economy which is affected by the Covid-19 pandemic
16 April 2020 - MITI online application system for businesses resumes operation in improved form
  1. More ​The Ministry of International Trade and Industry (MITI) has improved its online system for economic sectors to apply to resume businesses during the third phase of the Movement Control Order (MCO) period following complaints received
16 April 2020 - Malaysian economy operating at 45 pct capacity during MCO phase 1 & 2 - Azmin
  1. More The Malaysian economy is estimated to operate at 45 per cent of its operating capacity due to the closure of non-essential services for four weeks during the implementation of the Movement Control Order (MCO) until April 14, 2020, said the Ministry of International Trade and Industry (MITI)
16 April 2020 - Sabah will focus on main productive sectors to speed up economic development
  1. More Sabah will give focus to the growth of its main productive sectors namely tourism, industry and agriculture in a bid to speed up the development of the state’s economy
16 April 2020 - MITI lists SOP for essential businesses operating during MCO
  1. More ​The Ministry of International Trade and Industry (MITI) has released its amended list of essential services which are allowed to operate during the Movement Control Order (MCO) period, along with the standard operating procedure to be obeyed by these businesses
16 April 2020 - Miti revokes approvals given to four companies to operate during MCO: Azmin
  1. More ​The International Trade and Industry Ministry (MIiti) has revoked the approvals given to four companies to operate during the Movement Control Order (MCO) period after they were found to have violated the prescribed conditions
16 April 2020 - Malaysian economy resilient in 2019, boosted by domestic, private sectors
  1. More The Malaysian economy continued to be resilient in 2019, upheld by sustained strength in domestic private sector activities amidst a challenging external environment, Securities Commission (SC) said in its 2019 Annual Report
15 April 2020 - Malaysia more resilient than many countries: World Bank
  1. More ​The World Bank says Malaysia will be deeply affected by the Covid-19 shocks but there are a slew of factors that make it more resilient than many other countries
15 April 2020 - IMF: Malaysia's GDP to grow 9% in 2021, fastest among ASEAN-5 countries
  1. More ​The International Monetary Fund (IMF) has projected Malaysia’s real gross domestic product (GDP) to grow at a rate of 9% next year, the fastest among the ASEAN-5 countries which are expected to see a combined GDP growth of 7.8%
14 April 2020 - Approvals to operate during first and second MCO also applicable for third phase
  1. More Approvals given to companies to operate during the first and second phase of the Movement Control Order (MCO) are also valid for the third phase which begins tomorrow until April 28, according to the International Trade and Industry Ministry (MITI) said
13 April 2020 - MITI to take up to five days to process MCO business operation applications
  1. More ​The International Trade and Industry Ministry (MITI) will take up to five days to process the Movement Control Order (MCO) business operation applications
13 April 2020 - Businesses need to review business plans, reallocate resources
  1. More ​Businesses will need to review their business plans and reallocate their resources to optimise future returns after surviving the COVID-19 pandemic, said Baker Tilly Malaysia
10 April 2020 - Economists applaud govt’s decision to reopen several selected sectors of economy
  1. More ​Economists have welcomed the government’s decision to reopen several selected sectors of the economy in stages during the extended movement control order (MCO) based on healthcare guidelines and strict movement control
10 April 2020 - Govt announces additional economic sectors that can operate during MCO
  1. More The International Trade and Industry Ministry (MITI) has identified additional economic sectors that can be allowed to operate in stages during the Movement Control Order (MCO) period, which has been extended until April 28
09 April 2020 - Fitch affirms Malaysia's rating, GDP to grow 5.8pct in 2021
  1. More Fitch Ratings has affirmed Malaysia’s long-term foreign-currency Issuer Default Rating (IDR) at ‘A-’ with a revised outlook from stable to negative
08 April 2020 - Good supply chain needed for economic recovery from Covid-19 impact
  1. More ​Sectors hit hardest by the COVID-19 pandemic are likely to see the strongest recovery as pent-up demand is released and production ramps up, but this is provided the supply chain is fixed, according to a report by Baker McKenzie and Oxford Economics
07 April 2020 - Analysts suggest economic recovery as soon as Q3
  1. More ​Malaysia's economy may recover from extreme containment measures to stop the spread of Covid-19 in the third quarter before reaching its considerable potential in the fourth quarter, analysts said
06 April 2020 - Govt announces RM10b additional assistance for SMEs
  1. More ​The government announced an additional RM10 billion assistance package targeted at helping small and medium enterprises (SMEs) which have been affected by the Movement Control Order (MCO) and the Covid-19 pandemic
06 April 2020 - Reviving the country’s economic development will be extremely challenging: MCCC
  1. More ​As impacts from the Covid-19 outbreak began to bite the local economy, a greater emphasis should be placed on preparing a better strategy to ensure the recovery of the economy as well as providing safety nets for the people
06 April 2020 - FDI policy reforms needed to ride out Covid-19 impact — don
  1. More ​Malaysia must undertake bold structural and sectoral reforms in its Foreign Direct Investment (FDI) policy in order to ride out the Covid-19 shock, says an academic
05 April 2020 - Services and manufacturing remain key contributors to economy
  1. More ​The services and manufacturing sectors remained as key contributors to Malaysia’s economy, which grew 4.3 per cent last year
03 April 2020 - A balance needed between Covid-19 battle and impending recession
  1. More The government will have to strike a critical balance between preventive health measures and plans to tackle the economic impact of the coronavirus pandemic as recession fears loom
03 April 2020 - War-time production that underpins the future
  1. More I was one of the earliest in Malaysia to use the war analogy to describe our fight against the spread of Covid-19. This provocative perspective has now become a popularly accepted one. But be that as it may, I find that many have yet to realise how multifaceted a war effort actually is
03 April 2020 - Malaysia's trade in Feb 2020 expands 11.6 pct to RM136.28 bil
  1. More ​Malaysia’s trade in February 2020 grew 11.6 per cent year-on-year (YoY) to RM136.28 billion from RM122.14 billion recorded in the same period a year ago, according to International Trade and Industry Ministry (MITI)
03 April 2020 - Malaysia can weather the storm – BNM Governor
  1. More Various measures announced recently underscores Malaysia’s multi-pronged approach that will help the country to endure and recover from the economic impact of COVID-19 pandemic, Bank Negara Malaysia (BNM) Datuk Nor Shamsiah Yunus said
03 April 2020 - Economic growth to improve gradually in 2H20, says BNM
  1. More ​Malaysia foresees economic growth for the second half of the year to improve gradually, boosted mainly by the overnight policy rate (OPR) and the continuation of large-scale infrastructure projects, Bank Negara governor Datuk Nor Shamsiah Mohd Yunus said


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Last Updated : Tuesday 14th July 2020