SINGAPORE may not be too greatly affected by Malaysia’s state of emergency and its reintroduced Movement Control Order (MCO) curbs amid the Covid-19 pandemic, with the most significant impact likely to be on movement of manpower, said economists. “Malaysia’s state of emergency and MCO should only have a small negative impact on Singapore,” said Maybank […]
Read MoreKUALA LUMPUR (Jan 11): Malaysia’s unemployment rate rose by a marginal 0.1 percentage point month-on-month to 4.8% in November 2020 with 764,400 unemployed persons, the Department of Statistics Malaysia said today. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the Conditional Movement Control Order implemented during the month, which saw economic activities continuing to […]
Read MoreKUALA LUMPUR, Jan 12 — Tan Sri Muhyiddin Yassin expounded that the country’s economic activities will continue to function throughout the duration of the state of emergency, but is subject to compliance with the standard operating procedures (SOPs) and the re-implementation of the Movement Control Order (MCO). The Prime Minister said the government would ensure that economic activities […]
Read MoreKUALA LUMPUR: The Malaysian economic system will seemingly take one other hit in 2021 however at a much less extreme degree in comparison with when the Movement Control Order (MCO) was imposed throughout the first two COVID-19 waves in 2020, economists mentioned. Following the MCO final yr, second-quarter Gross Domestic Product (GDP) shrank by 17.1 […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index contracted 2.2% in November 2020 as compared to the same month in 2019, despite a 0.2% median growth forecast by a survey of Bloomberg economists. The Department of Statistics Malaysia said in a statement that the country’s mining index fell 15.4% while the electricity index dropped 2.5%. The contraction […]
Read MoreKUALA LUMPUR: The government had on Monday terminated the safeguard investigation on imports of ceramic floor and wall tiles that it had initiated based on a petition filed by the Federation of Malaysian Manufacturers – Malaysian Ceramic Industry Group. The petitioner had claimed that the increase in imports of ceramic floor and wall tile products […]
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