Most Malaysians have set new financial goals to tackle inflation and economic difficulties, according to Standard Chartered's Wealth Expectancy Report 2022.
Indonesian Minister of Transportation Budi Karya Sumadi on February 21 said that he had discussed with his Malaysian counterpart Loke Siew Fook on measures to strengthen bilateral partnership in the field of transportation between the two nations.
The Bank Negara Malaysia (BNM) has recently announced that Malaysia’s gross domestic product (GDP) grew by 8.7% last year, and gave assurance that Malaysia’s economy will not be going into a recession this year.
The Malaysian Employers Federation, the nation’s largest employers' group, fears that up to 60,000 people could lose their jobs this year, double the yearly average of the past, its President Syed Hussain Syed Husman has said.
Malaysia will continue to focus on managing external challenges and the ramifications facing its economy this year, said Minister of International Trade and Industry (MITI) Zafrul Aziz.
The Malaysian Research Accelerator for Technology and Innovation (MRANTI) under the Ministry of Science, Technology and Innovation said in a statement on February 20 that Malaysia is the top-ranked Southeast Asian country in the Drone Readiness Index (DRI).
Thai Prime Minister Prayut Chan-o-cha and visiting Malaysian Prime Minister Anwar Ibrahim agreed to promote bilateral ties to boost their economy and cooperate closely in new areas during their meeting in Bangkok on February 9.
Indonesia and Malaysia have agreed to protect their palm oil sector and counter discrimination and unilateral policies affecting the commodity and harming the two countries' interests, Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said on February 9.
The Bank Islam Malaysia Bhd on February 9 stated that Malaysia’s gross domestic product (GDP) growth is projected to hit 8.4% in 2022 compared with 3.1% in 2021, marking the highest among ASEAN countries.