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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.
KUALA LUMPUR: RHB Investment Bank Bhd is forecasting a zero per cent growth for the country this year, which is within the range of Bank Negara Malaysia's (BNM) real gross domestic product (GDP) growth projection.
KUALA LUMPUR: The Malaysian economy is expected to see a contraction -2.0% at its worst and growth of 0.5% at its best in 2020, compared to 4.3% in 2019, against a highly challenging global economic outlook.
Main points of Bank Negara's Economic and Monetary Review 2019
NEW YORK: Strategists at JPMorgan Chase & Co have concluded that most risk assets – a universe that typically includes stocks and credit – have seen their low points for the recession that’s gripped economies around the world.
SINGAPORE: Southeast Asian stock markets closed lower on Monday as rising cases of the coronavirus in the region deepened fears of economic damage, with investors looking past moves by governments and central banks to combat the pandemic.
SINGAPORE: Singapore's central bank sharply eased its monetary policy on Monday, with the city-state's bellwether economy bracing for a deep recession due to the coronavirus pandemic
KUALA LUMPUR: Consumption and inflation growth will see a one-off rebound due to the low base effect caused by depressed consumption during the nationwide Movement Control Order (MCO), said the Institute for Democracy and Economic Affairs (Ideas).