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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to remain sluggish next week as weaker demand continues to weigh on prices
ALTHOUGH much uncertainty prevails amid the current global Covid-19 virus outbreak, the Malaysian banking system remains resilient, thanks to strong capital buffers - a result of prudent measures - undertaken over the years.
While Malaysia will not be spared from the global growth contraction this year due to the Covid-19 pandemic, the central bank is confident that the Malaysian economy can weather the challenges.
KUALA LUMPUR: Bank Negara has forecast Malaysia’s economy will contract as much as 2% on the weight of the loss in productivity and disruption in the global supply chain due to the Covid-19 pandemic.
KUALA LUMPUR: A downgrade on the country's banking sector is a global trend affecting many countries including in Asia Pacific and not only limited to Malaysia. KUALA LUMPUR: A downgrade on the country's banking sector is a global trend affecting many countries including in Asia Pacific and not only limited on Malaysia.
PETALING JAYA: The Economic Action Council (EAC) may decide to go into a crisis mode and announce at least two economic measures weekly after its meeting every Monday in light of the economic fallout caused by the Covid-19 pandemic, says Senior Minister Datuk Seri Azmin Ali.
PUTRAJAYA: On its first day at work, the new Perikatan Nasional Cabinet wasted no time and has set up the Economic Action Council (EAC) to address economic woes.
PUTRAJAYA: The new Perikatan Nasional government will form an Economic Action Council (EAC) to address the economic woes currently faced by the country, says Tan Sri Muhyiddin Yassin.
PETALING JAYA: Interim Prime Minister Tun Dr Mahathir Mohamad will decide on the timing of the announcement of the economic stimulus package to mitigate the impact of the Covid-19 outbreak, says former Finance Minister Lim Guan Eng.