Malaysia's GDP contracts 4.5% y-o-y in 3Q21 amid July containment measures
KUALA LUMPUR (Nov 12): Malaysia's economy contracted 4.
Malaysia showing good signs of economic recovery after pandemic-driven MCO — StanChart
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.
Banks have submitted a counter proposal to the govt's interest waiver plan, say sources
KUALA LUMPUR (Oct 8): Banks have come up with a counter proposal to the government's interest waiver plan, and some banking sources say it has been submitted to the authorities.
Dewan Rakyat passes 12th Malaysia Plan by voice vote
KUALA LUMPUR (Oct 7): The Dewan Rakyat passed the 12th Malaysia Plan 2021-2025 without amendment on Thursday, after four days of debate and a winding-up session that spanned three days by the ministries.
Affordable homes: Let's be clear!
The move to control affordable home prices in urban areas by putting a cap on their secondary market values has sparked active debate in the real estate arena, especially among the industry stakeholders.
Klang Valley and Melaka to move to Phase 3 of NRP from Oct 1
KUALA LUMPUR (Sept 30): The Klang Valley and Melaka will transition to Phase 3 of the National Recovery Plan from Oct 1, while Kedah will move to Phase 2, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
Government to implement ceiling price for affordable housing in secondary market
PETALING JAYA (Sept 28): Under the 12th Malaysian Plan (12MP), ceiling prices for affordable housing will be introduced in the resale market in order to control house prices, especially in the urban areas, MalaysiaKini reported today.
12MP targets annual GDP growth of 4.5%-5.5%; GNI of RM57,882 by end-2025
KUALA LUMPUR (Sept 27): The 12th Malaysia Plan (12MP), a roadmap for the country’s development from 2021 to 2025, has set a target annual gross domestic product (GDP) growth of between 4.
NFOs to resume ops today, with draw on Wednesday — reports
KUALA LUMPUR (Sept 14): Number forecast operators (NFOs) are set to resume operations today after receiving the green light from the government, local Chinese media reported.
FMM calls on govt to open all economic sectors under recovery phase, do away with red tape
KUALA LUMPUR (Sept 9): The Federation of Malaysian Manufacturers (FMM) has urged the government to open up all economic sectors under the recovery phase and do away with the “approval letter” requirement and just base it on the vaccination rates and the digital certificate as the criteria and strictly following the standard operating procedures (SOPs).
