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TOKYO: Japanese household spending fell 0.3% in February from a year earlier, government data showed on Tuesday, compared with a median market forecast for a 3.9% drop
PETALING JAYA: Most economists expect Bank Negara Malaysia to cut interest rates again next month to support Malaysia’s faltering economy amid the Covid-19 pandemic.
NEW YORK: As the true economic impact of the coronavirus pandemic becomes clear, economists seeing unprecedented data releases on an almost daily basis are gearing up for even worse to come.
SINCE Malaysia went into a movement control order (MCO) on March 18, one of the familiar faces on the news networks is the Health Ministry director-general Datuk Dr Noor Hisham Abdullah.
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.
THE best time to buy properties is during times of crisis, such as the current environment where the Covid 19 pandemic has thrust the global economy into a tailspin.
KUANTAN: Tanah Rata assemblyman Chiong Yoke Kong is urging the government to ease operating hour restrictions for vegetable vendors to prevent an impact on the food production and supply chain.
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.