Economy News


28 July 2020 - Malaysia's June exports rise 8.8%, surpass expectations and point to encouraging economic rebound
  1. More ​Malaysia's exports grew 8.8% to RM82.9 billion in June, exceeding market expectations compared with a 25.5% contraction in May
28 July 2020 - Manufactured, agriculture goods record double-digit growth in June
  1. More ​Exports of manufactured goods in June 2020, which made up 87.5 per cent of total exports, picked up by 13.7 per cent year-on-year (y-o-y) to RM72.48 billion, according to the Ministry of International Trade and Industry (MITI)
28 July 2020 - Malaysia trade with FTA partners increased 2.9 pct to RM95.83 bln in June 2020
  1. More ​Malaysia's trade with Free Trade Agreement (FTA) partners, which accounted 66.2 per cent of Malaysia’s total trade, increased 2.9 per cent to RM95.83 billion year-on-year (y-o-y) in June 2020
28 July 2020 - Invest Melaka aims to attract RM5 bln investments this year
  1. More ​Melaka's investment promotion agency, Invest Melaka Bhd, is targeting to attract investments worth RM5 billion into the state this year
28 July 2020 - Companies to invest RM4.5 bln in CVIA, create 12,000 new jobs
  1. More ​Five companies plan to invest RM4.5 billion in the Chuping Valley Industrial Area (CVIA), which is expected to create about 12,000 job opportunities for the people of Perlis
26 July 2020 - Kedah, NCIA collaborates to develop the state's economy post COVID-19
  1. More ​The Kedah state government and the Northern Corridor Implementation Authority (NCIA) will continue to work closely to develop the state's economy for the well-being of the people, especially in the post-COVID-19 pandemic
24 July 2020 - Malaysia eyes Japan projects
  1. More ​As more Japanese firms in China pack their bags and shift their focus to South-East Asia, the battle to entice these potential investors has turned fiercer, especially for Malaysia with the competition coming from low cost manufacturing countries in the region
24 July 2020 - Seven companies investing over RM1 bln more in Perak
  1. More The Northern Corridor Implementation Authority (NCIA) has established cooperation with seven private companies operating in Perak that will invest over RM1 billion more in the state
23 July 2020 - Malaysian economy shows signs of recovery as leading index rises in May
  1. More ​Malaysia’s economy has started to show signs of recovery with five out of seven components of the leading index (LI) for May 2020 indicating an increase based on data by the Department of Statistics
23 July 2020 - Six companies to invest RM525.3 mln in Penang under smart partnership with NCIA
  1. More ​Northern Corridor Implementation Authority (NCIA) has forged a smart partnership with six companies in Penang through its human capital EmpowerNCER Phase Two programme which is expected to generate 1,600 jobs and enhance the incomes of people in the state
23 July 2020 - Govt to tackle 3 issues in long-term economic recovery plan - Mustapa
  1. More The government will address three issues in the long-term economic recovery plan including red tape and regulatory reform, says Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed
22 July 2020 - ECRL expected to be operational by 2027: Deputy Minister
  1. More ​The 640km East Coast Rail Link (ECRL) is expected to be operational as early as Jan 1, 2027
22 July 2020 - Despite COVID-19, Malaysia-Germany trade to remain resilient - MGCC
  1. More ​The Malaysian-German Chamber of Commerce and Industry (MGCC) remains upbeat that bilateral trade between both countries will be back on track after the setbacks and disruptions caused by the COVID-19 pandemic earlier this year
21 July 2020 - Pahang draws RM91m investments from Jan-March this year
  1. More The Pahang state government has received RM91 million in new investments from January to March this year, Menteri Besar Datuk Seri Wan Rosdy Wan Ismail said
21 July 2020 - Govt agrees to set up 'MalaysiaMudah' initiative to cut red tape - Mustapa
  1. More ​The government has agreed to create the "MalaysiaMudah"(#MyMudah) initiative which is aimed at assisting companies and businesses which were burdened by red tape and bureaucracy
21 July 2020 - CIMB developing various programmes, initiatives for SMEs besides providing funds
  1. More ​CIMB Group maintains its 2019-2020 commitment to provide RM15 billion funding for local small and medium enterprises (SMEs), while developing various programmes and initiatives to help them get back into the economy, amid the challenges of Covid-19
21 July 2020 - Technology, innovation top priority for M'sian businesses in next five yars - HSBC
  1. More ​In order to remain resilient, Malaysian businesses have shared that technology and innovation play a key role in this changed and challenged world
20 July 2020 - Govt to review public, private sectors' roles in economic plan, Mustapa says
  1. More ​The role of certain public and private sectors will be relooked under the medium to long term economic recovery plan to spearhead Malaysia's developments going forwards, Datuk Seri Mustapa Mohamed said
20 July 2020 - Economic sectors start gaining momentum - PM
  1. More ​The economic sectors that were affected by the COVID-19 pandemic have started to gain momentum particularly the local tourism sector, and if this trend continues, Malaysia's economy will recover much faster, Prime Minister Tan Sri Muhyiddin Yassin said
19 July 2020 - Malaysia riding out COVID-19 storm comparatively better - World Bank
  1. More ​Despite the numerous challenges brought by the COVID-19 pandemic, Malaysia is riding out the severe economic downturn comparatively better than many economies, said the World Bank
18 July 2020 - Revitalise state economy to generate economic growth for nation - Mohamed Azmin
  1. More ​Economic activities at the state and grassroot levels must be revitalised to ensure that they would generate economic growth for the country which has been impacted by the COVID-19 pandemic globally
18 July 2020 - Malaysia needs to produce critical products — Muhyiddin
  1. More ​Malaysia needs to have the capability to produce critical products, said Prime Minister Tan Sri Muhyiddin Yassin
18 July 2020 - 3 main economic sectors start showing signs of recovery, says Mustapa
  1. More The country’s three main economic sectors, namely manufacturing, construction and agriculture that have been hit hard by the Covid-19 pandemic, have gradually recovered, according to Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed
16 July 2020 - Domestic sources contribute 70 pct of Q1 approved investments - MIDA
  1. More ​Malaysia recorded RM37.4 billion worth of approved investments in the manufacturing, services and primary sectors in the first quarter (Q1) of this year, of which 70.4 per cent or RM26.3 billion comprised direct domestic investment (DDI)
16 July 2020 - 726 projects with RM36.7 bln worth of investment in the pipeline - MIDA
  1. More ​The Malaysian Investment Development Authority (MIDA) announced today that a total of 726 projects with proposed investments of RM36.7 billion were in the pipeline for the manufacturing, services and primary sectors as of June 2020
16 July 2020 - 433 new investment projects worth RM97.4 bln identified - Mohamed Azmin Ali
  1. More ​The Malaysian Investment Development Authority (MIDA) has identified 433 new projects which have the potential to bring in RM97.4 billion worth of new investment to the country, said International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali
13 July 2020 - Malaysian businesses agile, geared up for recovery -- Grant Thornton
  1. More Malaysian businesses have shown signs of resilience despite the negative impact of the COVID-19 pandemic, according to Grant Thornton's latest International Business Report (IBR) data
12 July 2020 - Multinational firms keen to transfer operations to Johor, says MB
  1. More ​The Johor government has received inquiries from several multinational companies showing interest in shifting their operations to the state
11 July 2020 - Malaysia needs skilled workforce to woo investors, says Azmin
  1. More ​Malaysia needs a highly trained and skilled workforce in order to attract high-technology investments to meet its development agenda, said Senior Minister Datuk Seri Mohamed Azmin Ali
10 July 2020 - Govt focusing on reviving the economy within a year — Azmin
  1. More ​The government is focusing its efforts to revive the economy within a year, said Senior Minister cum Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali
09 July 2020 - ECERDC: Strategic projects to revitalise region’s economy post-Covid-19
  1. More ​The federal government, through the East Coast Economic Region Development Council (ECERDC), will continue implementing strategic projects and attract new investments to revitalise the East Coast Economic Region’s (ECER) economy post-Covid-19
08 July 2020 - Budget 2021 to focus on approach of recalibrating policies, initiatives - Azmin
  1. More The 2021 Budget, which is scheduled to be tabled in Parliament on Nov 6, will focus on an approach of recalibrating government policies as well as initiatives to be in line with the challenges that lie ahead after the COVID-19 pandemic ends
04 July 2020 - Kedah to focus on attracting investments from Islamic nations, says MB
  1. More ​The Kedah government will focus on attracting new investments from Muslim countries into the state including for its iconic projects, said Mentri Besar Muhammad Sanusi Md Nor
04 July 2020 - 2021 Budget to revitalise the economy, restore confidence — Zafrul
  1. More ​The 2021 Budget, to be tabled in Parliament on Nov 6, is designed to revitalise the economy as well as to restore investors and consumers’ confidence to drive the economy, says Finance Minister Tengku Datuk Seri Zafrul Aziz
02 July 2020 - Economy expected to recover next year: Mustapa
  1. More The country’s economy, which is currently experiencing a contraction caused by the Covid-19 pandemic, is expected to fully recover next year
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


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Last Updated : Wednesday 12th August 2020