KUALA LUMPUR (Aug 18): The Covid-19 pandemic, dubbed the worst crisis since The Great Depression in the 1930s, warrants an exit clause in Malaysia's fiscal policy, said Minister of Finance Tengku Datuk Seri Zafrul Aziz (pictured).
KUALA LUMPUR (Aug 14): Malaysia’s gross domestic product (GDP) contracted by 17.
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PETALING JAYA (Aug 12): Short-term rental activities have contributed as much as RM3.
KUALA LUMPUR (Aug 11): UOB Global Economics & Markets Research expects Malaysia’s real gross domestic product (GDP) to decline 18.
KUALA LUMPUR (June 25): Malaysia recorded yet another deflation in May — the third monthly deflation in a row — but this is no reason for Bank Negara Malaysia to further cut the Overnight Policy Rate (OPR), said economists.
The economic costs associated with Covid-19 go beyond those incurred by any other previous crises.
KUALA LUMPUR: Uncertainty caused by the Covid-19 pandemic has weighed global economic growth prospects, with no exemption on Malaysia.
KUALA LUMPUR (April 1): The World Bank is projecting a negative economic growth for Malaysia this year amid the COVID-19 crisis, but said the country is likely to recover in the fourth quarter (4Q) of the year before bouncing back into smoother momentum in 2021.
KUALA LUMPUR (March 30): The government’s second economic stimulus package is expected to widen its fiscal deficit this year to 4% of the gross domestic product (GDP).
KUALA LUMPUR (March 14): The new government estimates that the country's Gross Domestic Product (GDP) will contract by 0.
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