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KUALA LUMPUR: The government will need to focus on the digital economy and digital infrastructure as well as productivity in the 12th Malaysia Plan (12MP) to restore the country’s growth and realise the aim of becoming a high-income economy as early as 2024.
MALAYSIA’s’s progress towards achieving high-income status has been accompanied by rising income inequality in recent years. Amid unprecedented economic pain caused by the pandemic, should we continue to obsess over high income?
SINCE the movement control order (MCO) was implemented last year, we have spent most of our time at home rather than outdoors. This has become the norm ever since the Covid-19 pandemic engulfed the world.
PETALING JAYA: Malaysia’s monthly export and import unit value indices continued to show positive growth in July 2021, both rising 1.3% month-on-month (m-o-m).
KUALA LUMPUR: Malaysia’s monthly export and import unit value indices continued to show positive growth in July 2021, both rising 1.3 per cent month-on-month (m-o-m).
PETALING JAYA: Malaysia’s Producer Price Index (PPI) for local production increased 11.7% year-on-year (y-o-y) in July 2021, mainly supported by prices of primary commodities, namely, crude oil (64.4%), fresh fruit bunches (FFB) (57.3%) and crude palm oil (42.7%).
KUALA LUMPUR: The ringgit has extended its winning streak for the fourth consecutive day today, spurred by better risk appetite for risky assets and emerging currencies, underpinned by the positive market sentiment, dealers said.
That’s what e-commerce allows us to do as millions of housebound folk have discovered this pandemic.
KUALA LUMPUR: Signs of financial distress in the country are getting more prevalent and clearer as the COVID-19 impact bites deeper into Malaysia’s economy, resulting in rising unemployment and shrinking incomes.