KUALA LUMPUR: As Malaysia looks to transform its economy, there is also a need to reorient its practices and policies to attract quality foreign investments that would help the nation achieve its aspirations. According to World Bank Group lead economist for Malaysia Richard Record, (pic below) the country is now focusing more on quality investments […]
Read MoreGLOBALLY, prices of commodities like oil, food and base metals, as well as raw materials, have rebounded strongly from the low in 2020 on the back of positive news about the Covid-19 vaccine trials and mass vaccination programmes. The World Bank reported that between April 2020 and February 2021, food prices have gone up by […]
Read MorePETALING JAYA: Malaysia will achieve a high-income economy between 2024 and 2028, but needs to improve its competitiveness, inclusiveness, efficiency and increase women participation in the workforce, according to the World Bank’s flagship report, “Aiming High — Navigating the Next Stage of Malaysia’s Development” yesterday. In the report launched on Tuesday, it said Malaysia’s GNI […]
Read MorePETALING JAYA: Industrial output in Malaysia is expected to see stronger growth in the second half of the year, supported by the manufacturing sector on resumption of economic activities, economists say. They attribute the optimistic outlook to the gradual easing of the movement control order (MCO), Covid-19 vaccination programme and improving external demands. According to […]
Read MorePETALING JAYA: Malaysia External Trade Development Corp (Matrade) has launched its new enhanced Guidelines for Services Export Fund (SEF) and three new activities to enhance the exports of services. “The SEF is an effort to facilitate and enhance capabilities of Malaysia Services Providers (MSPs) in gaining market access into overseas projects, ” Matrade said in […]
Read MorePETALING JAYA: The increase in private consumption, on top of it benefiting from the low base last year, will be more evident from the second quarter of the year. MIDF Research attributed this to the National Covid-19 Immunisation Programme which has kicked off and the vaccination rollout will be carried out in phases throughout the […]
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