KUALA LUMPUR, June 1 — A recent survey has shown that Malaysians main concern now is job safety and unemployment as the Covid-19 virus is slowly held under control in the country. Global pollster Ipsos revealed that last month, 51 per cent of Malaysians were concerned about the unemployment rate, compared to 43 per cent […]
Read MoreKUALA LUMPUR, June 1 ― The IHS Markit manufacturing index in May suggests the country’s manufacturing sector could be approaching stabilisation midway through the second quarter of 2020, with reduction in output rates, new orders and employment all easing considerably. But last month’s data still saw marked declines as the Covid-19 pandemic and the associated […]
Read MoreKUALA LUMPUR, May 29 — The Department of Statistics Malaysia (DOSM) has predicted that the country is heading into an economic recession in the next four to six months. In the Malaysian Economic Statistics Review (MESR), chief statistician Datuk Seri Mohd Uzir Mahidin said that their prediction was based on the latest leading Indicators and […]
Read MoreKUALA LUMPUR, May 30 — In line with the reopening of the economy which saw nearly 70 per cent of the workforce returning to work in various sectors, Malaysia has the capacity that is set to spur an economic recovery in 2021, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said. “We must rise […]
Read MoreECONOMIC activity has begun to recover in Vietnam, Malaysia, and Thailand as Covid-19 lockdowns are lifted, said Maybank Kim Eng economists in a May 27 report. Vietnam was the first Asean country to start unwinding lockdown measures on April 23, followed by Thailand and Malaysia in early May. The Philippines began loosening measures on May […]
Read MoreKUALA LUMPUR, May 28 — The majority of Malaysians want the government to recover the tax revenue that is lost to the shadow economy or black market in order to protect jobs and facilitate economic recovery following the Covid-19 crisis, according to the results of a survey. Boutique market research firm Green Zebras Sdn Bhd, […]
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