News about economic recovery

KUALA LUMPUR (Nov 12): Bank Negara Malaysia (BNM) said Malaysia is not facing stagflation, with the central bank pointing out that economic growth is expected to accelerate in 2022.

KUALA LUMPUR (Nov 2): DBS Bank said Malaysia’s economy is starting to recover gradually from the Covid-19 crisis following a tumultuous 2020 and 2021, but is maintaining its growth forecasts of 4% for 2021 and 5% for 2022.

KUALA LUMPUR (Oct 23): The Malaysian Employers Federation (MEF) said any upward review of minimum wages would disrupt efforts for economic recovery and derail the programmes outlined by the 12th Malaysia Plan.

KUALA LUMPUR (Oct 15): Standard Chartered plc (StanChart) said on Friday (Oct 15) Malaysia is showing good signs of economic recovery, helped by the country's National Recovery Plan (NRP) which has been tasked to rejuvenate the local economy from the impact of Covid-19-driven movement restrictions under the various forms of the Movement Control Order (MCO) to curb the spread of the pandemic.

KUALA LUMPUR (Sept 13): Malaysia's economic recovery prospects have become brighter with an increase in foreign capital inflow driven by positive developments under the National Recovery Plan (PPN), Prime Minister Datuk Seri Ismail Sabri Yaakob said.

These are the key takeaways of the National People’s Well-Being and Economic Recovery Package (PEMULIH) announced by Prime Minister Tan Sri Muhyiddin Yassin.

KUALA LUMPUR (Oct 28): The recent resurgence in the number of Covid-19 cases indicates that the path towards Malaysia's anticipated economic recovery in 2021 may not be smooth but instead bumpy.

PETALING JAYA (June 5): The Penjana Short-term Economic Recovery Plan announced by Prime Minister Tan Sri Muhyiddin Yassin today will provide financial relief to targeted groups of people in the country.

PETALING JAYA (June 5): The property market stimulus measures announced under the country’s Penjana Short-term Economic Recovery Plan (ERP) today would benefit the domestic market but the country needs foreign investors to help the market recover as well, said the Associated Chinese Chambers of Commerce & Industry of Malaysia (ACCCIM) head of taxation committee Koong Lin Loong (pictured).

PETALING JAYA (June 5): The Penjana Short-term Economic Recovery Plan (ERP) announced by Prime Minister Tan Sri Muhyiddin Yassin today will boost overall market sentiment and raise confidence for a market recovery, said Malaysian Institute of Estate Agents (MIEA) president Lim Boon Ping.