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Malaysia: Challenges to achieving 6% growth forecast

FROM targeted to total lockdowns, as we still see spiking Covid-19 infections, there are concerns whether Malaysia can achieve its forecast growth of 6% to 7% for 2021. Even if the overall economy and those already faring well recover, many businesses, individuals and households may be left further behind in an already unequal economy. The […]

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Malaysia’s trade performance breaks record in April

KUALA LUMPUR: Malaysia’s recorded strong trade performance in April as exports and imports once again broke the record to reach RM105.6bil and RM85.1bil, the Statistics Department said. It announced on Friday trade surplus was at RM20.5bil as it continues its recovery from the impact of Covid-19 pandemic. “Malaysia’s exports continued to be vibrant, soaring by […]

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A customer counts her ringgit notes outside a money changer at the central business district in Singapore in this August 25, 2015 file photo.  Malaysia's ringgit jumped more than 5 percent to a five-week high on October 7, 2015 on stop-loss dollar selling and higher local stocks.  The ringgit, the worst performing Asian currency so far this year, surged as much as 5.2 percent to 4.1600 per dollar, its strongest since Sept 1.     REUTERS/Edgar Su/Files
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Malaysia: Ringgit slips as investors return to safe havens

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today, as investors returned to safe-haven currencies due to cautious sentiment on the global market, a dealer said. At 9.05am, the local currency declined to 4.1400/1450 against the greenback from Thursday’s close of 4.1380/1410. The dealer said investors reacted from the mixed US economic […]

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