Monday, June 14, 2021

GDP

Use emergency period for social reforms, economists say

They say it is time for 'comprehensive and brutal reforms'.

Bank Negara on the right track but too optimistic about growth

Bank Negara’s economic outlook for 2021 shows a realistic assessment of the underlying conditions of the economy and the downside risks but is over-optimistic on growth.

Zafrul defends govt’s debt status

He says the government's debt is still below the statutory limit despite questions about the country's fiscal data.

PM says rethink in investment, industrial policies ongoing amid warning of middle-income trap

Muhyiddin Yassin says Malaysia needs to pursue a 'shoot-for-the-moon' approach.

GDP suffers sharpest contraction since 1998

Full-year gross domestic product shrank 5.6%, marking the worst performance since a 7.4% drop in 1998 during the Asian financial crisis.

Malaysia must refresh its FDI strategy

The dramatic fall in foreign direct investment in 2020 is due to short-term factors but it is a warning that Malaysia must revise its FDI strategy to face regional competition.

GDP to rebound this year as trade surplus makes biggest jump in over 2 decades

Electrical products held the biggest share of total exports last year, while a surge in rubber products showed a silver lining in the new norm brought on by the pandemic worldwide.

Govt aware of volatile job market despite higher tax projection

The government estimates a 1.8% increase in employment rate next year.

NZ hits first recession in decades

Finance Minister Grant Robertson says the current figures are expected given the government's tough restrictions to contain the coronavirus.

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