PETALING JAYA: The medium- to long-term economic recovery plan, slated to be presented in October, will pave the way for Corporate Malaysia to withstand headwinds, ensure sustainable economic growth and boost investor confidence, economists said. The move, they said, is timely in view of the headwinds and uncertainties compounded by the Covid-19 pandemic, geopolitical tensions, […]
Read MoreKUALA LUMPUR (BERNAMA) – The Malaysia Digital Economy Corporation (MDEC) and Huawei Technologies (Malaysia) Sdn Bhd have signed a Memorandum of Understanding (MoU) to spearhead the initiative to drive Malaysia’s position as the heart of Digital ASEAN. This collaboration will kickstart with a white paper development conducted by both parties on identifying and developing key elements to […]
Read MoreAs part of its attempts to revive the economy, the Malaysian government, in its latest economic stimulus package (Penjana), is giving tax exemptions such as waiving stamp duties and allowing exemptions from real property gains tax to revive the property sector. This sector is seen as an important one as many downstream sectors are dependent […]
Read MoreDURING a prolonged economic crisis, Malaysian small and medium enterprises (SMEs) are likely more vulnerable to an economic downturn due to their limited financial capabilities and high-dependence on banks’ credit compared to larger firms. On top of the financial aspects, SMEs’ relative shortcomings in terms of technology and resources would also reduce their ability to […]
Read MoreKUALA LUMPUR: With regional competition becoming more intense, Malaysia aims to step up and draw closer to maintaining its position as the most competitive economy in the Asean region after Singapore. Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed acknowledged that the country has “a lot of catching up” to do with […]
Read MoreKUALA LUMPUR, July 22 — Malaysia’s Consumer Price Index (CPI) continued to decline when compared to the past year, with the overall prices of basic goods and services in the country falling by 1.9 per cent in June versus the same month last year. Following the movement control order (MCO) imposed in various phases in […]
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