No more movement control order for Malaysia: PM World

No more movement control order for Malaysia: PM

Malaysian Prime Minister Ismail Sabri Yaakob has given the government’s assurance that there will be neither travel ban nor Movement Control Order (MCO) during this year’s Hari Raya Aidilfitri, one of the biggest holidays in Malaysia.
Malaysia to revise 2021’s GDP forecast World

Malaysia to revise 2021’s GDP forecast

Malaysia’s Gross Domestic Product (GDP) forecast of between 6 and 7.5 percent this year will be revised, according to Finance Minister Tengku Zafrul Tengku Abdul Aziz.
Malaysia’s trade deficit in services hit record in 2020 World

Malaysia’s trade deficit in services hit record in 2020

Malaysia’s trade deficit in services increased to 47.4 billion RM (11.5 billion USD) in 2020, the highest deficit ever recorded, owing to the unprecedented COVID-19 pandemic that has significantly restrained economic activities globally.
Malaysia’s manufacturing continues recovering in May World

Malaysia’s manufacturing continues recovering in May

The manufacturing sector of Malaysia continued to recover in May but stricter measures to combat a renewed surge in COVID-19 infections had an adverse impact on production volumes, according to American-British information provider IHS Markit.
Malaysian minister upbeat about economic growth in 2021 ASEAN

Malaysian minister upbeat about economic growth in 2021

Malaysia can achieve its 2021 gross domestic product (GDP) growth target of between 6.0 and 7.5 percent if the COVID-19 health crisis can be stabilised after the eventual lifting of the Movement Control Order (MCO 3.0), said Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed.
Malaysia re-imposes movement control order World

Malaysia re-imposes movement control order

Malaysia re-applied the Movement Control Order (MCO) from January 13 to 26 in various locations as the Conditional Movement Control Order (CMCO) was no longer effective, said Noor Hisham, a high-ranking official of the Malaysian Ministry of Health.
Investment in manufacturing in Malaysia’s Penang rises World

Investment in manufacturing in Malaysia’s Penang rises

The Malaysian state of Penang recorded a total of 9.12 billion RM (nearly 2.2 billion USD) in approved manufacturing investments in the first half of this year, according to the Malaysian Investment Development Authority (MIDA).