Malaysia’s economy should see a less severe slump in the first quarter of 2021 than it did in the previous three months, on the back of resilient manufacturing activity and growing external demand, Reuters reported.
The Malaysian Government has issued a new emergency ordinance allowing it to use funds derived from oil and gas contributions to pay for vaccine procurement, part of efforts to accelerate COVID-19 vaccination.
The Malaysian Government has approved the National Investment Aspirations (NIA), a forward-looking growth framework that will outline the basis for Malaysia’s investment policy reforms.
Malaysia’s economy is expected to remain on the positive growth trajectory moving forward despite uncertainty on the global economic front, as the country still has ample liquidity buffers, according to Bernama news agency.
Malaysian Prime Minister Muhyiddin Yassin on March 1 held a press meeting marking one year since the Perikatan Nasional (PN) coalition took over the Government.
The Malaysian government has so far collected 428.07 million RM (105 million USD) from digital service providers since the start of the enforcement of the Digital Services Tax early this year, said Deputy Finance Minister Abd Rahim Bakri.
The Malaysian government is considering opening its border to help boost the tourism sector, according to Tourism, Arts and Culture Minister Nancy Shukri.
The Malaysian Ambassador to Vietnam Sharifah Norhana Syed Mustaffa on December 17 handed over donations from the Malaysian Government and businesses to help victims of the recent serious flooding in Vietnam’s central region.
Any resumption in negotiations over the Trans-Pacific Partnership (TPP) agreement will be on condition that it paves the way for “fair trade” and a level playing field, International Trade and Industry Minister Mohamed Azmin Ali told the Malaysian News Agency (Bernama) on November 10.
Malaysia reported 1,228 new COVID-19 cases on October 24, the highest daily tally and also the first four-digit growth in the number of new infections in a day.
The Malaysian government has unveiled another economic stimulus package worth 10 billion RM (2.4 billion USD) to bolster the country's economy and weather the impact of COVID-19.
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.
The Malaysian government has allowed traders to hold unlimited cheap sales in a bid to fuel consumer spending, thereby boosting the country's economy amid the COVID-19 pandemic.
Malaysian government prosecutors on June 9 withdrew corruption charges against Musa Aman, a senior figure in the United Malays National Organisation (UMNO) of former Prime Minister Najib Razak, who related to the 1Malaysia Development Berhad (1MDB) fund.
Malaysia will lift restrictions on Automated Teller Machine (ATM) operating hours between 8am and 8pm, implemented during the Movement Control Order (MCO) and Conditional Movement Control Order (CMCO), on June 1.
The Malaysian government has decided to extend the travel and business restrictions for four more weeks until June 9 in the context that the Southeast Asian country gradually reopens its economic activities.
The Malaysian government on April 6 unveiled an additional stimulus package worth 10 billion ringgit (2.3 billion USD) to support small- and medium-sized enterprises (SMEs) affected by the COVID-19 outbreak.
World
