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PETALING JAYA: The newly launched National Recovery Plan Covid-19 is a crucial component in economic recovery, say economists and Malaysians from all levels of society.
What do we need to do to reach a high-income economy status? Find out here.
There are many examples of economies that have managed to break through the middle-income trap which Malaysia can emulate, experts said.
PETALING JAYA: Since the Prihatin Special Grant (GKP) for micro small and medium enterprises (MSMEs) was announced by Prime Minister Tan Sri Muhyiddin Yassin in April 2020 to support business continuity, slightly over 900,000 SME micro businesses have benefited from the cash handout.
DESPITE the headwinds last year, the Employees Provident Fund (EPF) may declare a dividend rate ranging from 4.0% to 5.5% for 2020, according to a number of economists.
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.
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.
PUTRAJAYA: Any significant drop in Saudi Arabia’s oil production due to the attacks on its facilities will have an upward effect on global oil prices, said Tun Dr Mahathir Mohamad.
THE strength of the global economy is tunnelled by a series of issues and is placing the global economy in a “precarious” situation.