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PETALING JAYA: After a sharp contraction in the second quarter of 2020 due to the Covid-19 containment measures, private investments in Malaysia have shown signs of gradual recovery.
Govt has put in concrete measures to attract investments
THE Covid-19 pandemic is stretching companies to their limits.
PETALING JAYA: Malaysia’s economy will continue to improve, albeit at a gradual pace, towards the end of the year and into 2021, after seeing a stronger-than-expected rebound in the third quarter.
PETALING JAYA: Budget 2021 plays a delicate role in not only strengthening households’ purchasing power, but also in creating an accommodative investment environment for local companies and foreign investors.
PETALING JAYA: Malaysia’s household debt-to-gross domestic product (GDP) ratio, which is the second highest in Asia, is expected to rise and be at the 88% to 90% range by year-end in anticipation of the country’s economic contraction.
PETALING JAYA: Despite the third wave of Covid-19 sweeping the country and new clusters emerging, foreigners remain bullish on Malaysian bonds.