KUALA LUMPUR (BERNAMA) – The Malaysian economy is expected to grow by 5.1 per cent this year compared to last year’s 5.4 per cent contraction as the country’s recession is shallowing amid the third wave of COVID-19. Maybank Investment Bank Bhd (Maybank IB) Chief Economist Suhaimi Ilias said the forecast was conservative relative to the […]
Read MorePETALING JAYA: Consumers are increasingly worried about their income and job security as the Covid-19 pandemic continues, further straining their confidence, according to a survey by the Malaysian Institute of Economic Research (MIER). According to MIER’s Consumer Sentiments Index (CSI) for the fourth quarter (Q4) 2020, household finances at the year-end were the weakest in […]
Read MorePETALING JAYA: Employers will have trouble finding the right talent, according to Randstad Malaysia’s 2020 Workmonitor second edition survey. The survey which was conducted in October across 34 markets around the world, with a minimum of 400 respondents in each market showed that seven in 10 respondents believed the difficulty in finding talent was due […]
Read MorePETALING JAYA: The Asia-Pacific Economic Cooperation (Apec) is forecasting the region’s economy to expand 5.7% this year and 4.1% in 2022, but growth is expected to be uneven. The Apec Policy Support Unit, in an update of its Regional Trends Analysis, is also estimating a lower regional economic contraction of 2% in 2020 – an […]
Read MorePETALING JAYA: The Socio-Economic Research Centre (SERC) forecasts Malaysia’s gross domestic product (GDP) to grow between 4% and 6% this year, with the efficacy of the vaccine rollout and containment of the Covid-19 infection poised to play a critical role in economic recovery. SERC executive director Lee Heng Guie said how quickly and efficiently Malaysia […]
Read MoreKUALA LUMPUR: Consumers are increasingly worried about their income and job security as the Covid-19 pandemic continues, further straining their confidence, according to a survey by the Malaysian Institute of Economic Research (MIER). The MIER’s Consumer Sentiments Index (CSI) for 4Q survey revealed household finances at year-end were the weakest in nine months; lost wealth […]
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