RCEP, CPTPP to boost Malaysia’s external trade beyond 2023 World

RCEP, CPTPP to boost Malaysia’s external trade beyond 2023

Malaysia’s external trade activities is expected to expand steadily beyond 2023 amid the impact of new trade agreements, apart from elevated commodity prices and lower interest rates, according to a research released on February 2 by Malaysian Industrial Development Finance Berhad (MIDF).
Malaysia strives to lower national debt World

Malaysia strives to lower national debt

Malaysian Prime Minister Anwar Ibrahim said the government will work to gradually reduce the national debt and budget deficit, without resorting to raising taxes that hurt the poor.
Malaysian government plans to build human economy World

Malaysian government plans to build human economy

Malaysia will restructure its economy based on three main strategies to eradicate poverty, restructure and restore the economy, as well as generate the economy anchored on the concept of Malaysia Madani, said Prime Minister Anwar Ibrahim.
Malaysia's national debt totalling 346 billion USD World

Malaysia's national debt totalling 346 billion USD

Malaysia's national debt including liabilities has reached 1.5 trillion RM (346 billion USD), equivalent to over 80% of the country's gross domestic product (GDP), according to Malaysian Prime Minister Anwar Ibrahim.
Malaysia to relax rules on hiring foreign workers World

Malaysia to relax rules on hiring foreign workers

Malaysia will remove its existing preconditions on employing foreign workers and allow demand-based employment in bid to boost its economy, said Minister of Home Affairs Saifuddin Nasution Ismail.