Malaysia’s economy is forecast to shrink by 6 percent this year due to the impacts of COVID-19 pandemic, but it will rebound 6.6 percent next year, according to the Global Economic Outlook report from Oxford Economics.
Malaysia’s domestic tourism continued to record better performance last year, recording a double-digit growth of 12 percent to 92.6 billion RM (22.4 billion USD), according to Bernama news agency.
Japan and Malaysia on September 18 signed a mutual currency swap arrangement to allow each side to provide the other up to 3 billion USD to prevent a financial crisis, the Japanese Finance Ministry said.
Huzir Mohamed, head of the Malaysia Police’s Criminal Investigation Department (CID), has confirmed that the authorities had detained two men suspected of links to global hacking activities.
The Foreign Ministry has asked Malaysia to help the Vietnamese Embassy arrange a consular visit to a group of Vietnamese fishermen detained in the country, to gain further information and take the necessary citizen protection measures, ministry spokesperson Le Thi Thu Hang said at a regular press conference in Hanoi on September 17.
The Malaysian government has decided to raise the subsistence allowance for fishermen back to 300 RM from 250 RM a month, Prime Minister Tan Sri Muhyiddin Yassin said on September 17.
Malaysia confirmed 62 new COVID-19 cases on September 7, ten times higher than that recorded the previous day, according to the country’s Ministry of Health.
Indonesia confirmed new 3,444 COVID-19 infections on September 6, raising the tally to 194,109, with total death toll at 8,025, according to the country’s Ministry of Health.
Long-term pass holders from India, Indonesia and Philippines will not be allowed to enter Malaysia as from September 7, senior minister Ismail Sabri Yaakob said on September 1.
Singapore Airlines has secured approval for passengers to travel between Kuala Lumpur of Malaysia, and Phnom Penh of Cambodia, transiting via Singapore, the Khmer Times reported.
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