Fitch Solutions predicts 0% GDP growth for 2021
Third wave of infections ‘playing out to a far greater extent’ than expected, says credit rating agency.
M40 group shifts spending priorities to adapt to pandemic
Grocery, utility bills go up, as do purchases to make life at home more comfortable.
GDP likely to grow 6% despite MCO 3.0, says central bank governor
Economy contracts 0.5% in Q1, but keeping sectors open will see country through, says Nor Shamsiah.
Bank says MCO 3.0 to cost economy RM300 million daily
‘Start-stop’ nature of measures don’t bode well for sentiments, says lender.
Putrajaya grappling with tight fiscal position, says economist
Reaching into KWAN funds, raising statutory debt limit shows govt needs whatever resources available.
Low pay, lack of jobs for fresh graduates won’t last, says employers’ group
Situation will improve after economy stabilises, says federation.
Economy to rebound 6-7.5% this year
Vaccine rollout fuelling consumption and brighter prospects, says central bank governor.
Malaysia could be high-income nation between 2024 and 2028, says World Bank
However, agency says policy and institutional reforms needed to reach ranks of leading and developed economies.
Amid pandemic, experts warn about mental health risks to productivity
More firms hiring professionals, absenteeism, sick leave linked to mental health issues.
Malaysia’s economy on positive growth trajectory, says analyst
Fall in market not due to economic factors but unanticipated spike in inflation.
Help firms stay in survival mode in 2021, groups urge govt
Call to extend wage subsidies, provide more subsidies to meet growth target.
Bosses want staff to go back to office as curbs ease
Covid-19-mitigating measures should stay but illogical to maintain 30% rule.
Govt tapping more data to direct aid to needy
Businesses, individuals, especially those in tourism sector remain vulnerable.
Dim sum master chefs turn to food courts to survive pandemic
Culinary masters offer ‘touch-the-heart’ offerings at budget prices.