KUALA LUMPUR: The proposed economic stimulus is expected to contain specific relief packages for tourism-related industries such as aviation, hotel and leisure, travel as well as retail industries. Sunway University Business School economics professor Dr Yeah Kim Leng said the package would also include fiscal incentives to stimulate demand in other affected industries and additional […]
Read MoreWITH the events unfolding over the coronavirus (Covid-19) outbreak, the question in recent times is how bad can it get. The growing number of infected and deaths has cast a pall in the countries that have been drawn into the outbreak. Seeing footage of medical personnel in hazmat suits and people wearing surgical masks more […]
Read MoreKUALA LUMPUR: With Malaysia posting its worst economic growth rate since the Global Financial Crisis a decade ago, the outlook for the first quarter of 2020 (1Q20) has turned more cautious amid the worsening coronavirus (Covid-19) outbreak that may further dampen the economy. The Malaysian economy was badly hit in the fourth quarter of 2019 […]
Read MorePETALING JAYA: Banks led the FBM KLCI lower in Wednesday’s trade after Bank Negara hinted at the possibility of another cut in the interest rate. Central bank governor Datuk Nor Shamsiah Mohd Yunus had said the central bank has ample room to adjust the overnight policy rate due to economic challenges. The GDP growth slowed […]
Read MorePUTRAJAYA: A proposed stimulus package to boost the local economy will be announced at the end of this month or in early March to cushion the impact of the novel coronavirus outbreak, said Finance Minister Lim Guan Eng. He said the Finance Ministry held a three-hour meeting on Monday with local industry players to gather […]
Read MoreKUALA LUMPUR: Bank Negara Malaysia expects the economy to remain supported by private sector activity in 2020 but concerns are the impact of the novel coronavirus (Covid-19) outbreak in the first quarter. It said on Wednesday the overall impact of the virus on the Malaysian economy will, however, depend on the duration and spread of […]
Read More
Thailand
