NCCIM hails plans for new council to boost economy

The central bank said on Thursday for 2019, domestic demand will remain the key driver of growth though it was cautious about moderating global growth and its fallout on the local economy.

PETALING JAYA: It is an aye from the National Chamber of Commerce and Industry of Malaysia (NCCIM) for the government’s plan to have a new set-up to chart a clearer direction for the Malaysian economy.

The NCCIM, which is made up of five national business groups in the country representing over 600,000 members, said the proposed body, which would be similar to the previous National Economic Action Council, was timely in view of the current global challenges.