Analysts foresee solid recovery for Genting and Genting Malaysia
KUALA LUMPUR (Nov 26): Analysts on Friday maintained their buy calls on Genting Bhd and Genting Malaysia Bhd (GENM) as they foresee solid recovery for the two companies.
BNM: Malaysia not facing stagflation; growth to accelerate in 2022
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.
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 headed for economic recovery, says DBS
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.
Raising minimum wages will derail economic recovery, says MEF
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.
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.
Govt considers allowing vaccinated travellers from certain countries to enter M'sia without mandatory quarantine
KUALA LUMPUR (Oct 15): The government is considering opening the nation's borders to vaccinated travellers from certain countries without having to undergo mandatory quarantine, according to National Recovery Council (NRC) chairman Tan Sri Muhyiddin Yassin.
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.
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.
PM: Malaysia showing brighter signs of economic recovery
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.
