PUTRAJAYA, Oct 26 — Employers who are interested in hiring foreign workers will have to bear all the costs involved in bringing them into Malaysia, said Home Minister Datuk Seri Hamzah Zainudin. “The costs include levy payment and the cost of quarantine on arrival at the country’s entry point,” he told a press conference after […]
Read MoreMalaysia is considering creating travel bubbles with 10 countries, including some ASEAN members, from next month, according to Tourism Minister Nancy Shukri. The move comes after Thailand announced quarantine-free entry for fully-vaccinated visitors from 45 countries, including Cambodia, would start on Nov 1. Malaysia shut its borders to foreign tourists two years ago because of […]
Read MoreKUALA LUMPUR, Oct 22 — Malaysia’s real gross domestic product (GDP) growth for 2021 is estimated at 4.0 per cent, below the average 4.9 per cent during the pre-Covid-19 period, but the economy is clearly on the path of a V-shaped recovery, said the Malaysian Institute of Economic Research (MIER). In its latest Malaysian Economic Outlook, Third […]
Read MoreKUALA LUMPUR, Oct 21 — Consumer appetite is set to rebound next year with household spending expected to grow by some 5.1 per cent after two years of contraction as the coronavirus kept people indoors, Fitch Solutions predicted. Total consumer spending fell to RM855 billion over 2021, 5.4 per cent lower than the RM905 billion […]
Read MoreKEY POINTS Malaysia could reopen its borders to international tourists in November, said Minister of Tourism, Arts and Culture Nancy Shukri. The minister said she’s meeting Singapore officials next week to discuss resuming cross-border travel, and Malaysia would be opening up to Singapore “very soon.” Malaysia’s tourism ministry has proposed to the government to allow […]
Read MoreKUALA LUMPUR, Oct 21 — The ringgit opened higher on Thursday, buoyed by the positive sentiment following the strong commodities performance. Brent crude oil is currently trading at US$86 per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne. At 9.04am, the local note stood at […]
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