ECONOMIC REPORT LIST

Domestic demand to spearhead growth, expands 4.8 pct in 2020

KUALA LUMPUR, Oct 11 -- Domestic demand is expected to spearhead growth, expanding by four per cent in 2019 and 4.8 per cent in 2020, notwithstanding heightening external headwinds following prolonged trade war and geopolitical tensions.


Govt to formulate policies to further improve total factor productivity

KUALA LUMPUR, Oct 11 -- The government will continue to formulate and implement appropriate policies to further improve the country’s total factor productivity (TFP) to realise the nation’s Shared Prosperity Vision 2030 (WKB2030).


Productivity-linked wage system to benefit employers, employees: report

KUALA LUMPUR, Oct 11 -- The implementation of Productivity-linked Wage System (PLWS) is expected to benefit both employers and employees and would ensure that both sides obtain a fair share of the gains from productivity or performance improvement, says the Finance Ministry (MOF).


Govt to intensify human capital development efforts

KUALA LUMPUR, Oct 11 -- The government will be intensifying human capital development efforts through various initiatives, including productivity enhancements, to boost the people's incomes. 


Huge growth potential in Islamic fintech in Malaysia

KUALA LUMPUR, Oct 11 -- Industry players should be more aggressive in tapping into the enormous growth potential of Islamic Financial Technology (fintech) market in Malaysia despite being in its infancy stage.


Services sector to expand 6.2 pct in 2020

KUALA LUMPUR, Oct 11 – The services sector is expected to expand by 6.1 per cent in 2019 and 6.2 per cent in 2020, according to the Finance Ministry.


Govt committed to reduce debt and liability exposure

KUALA LUMPUR, Oct 11 – The government is committed to reduce its debt and liability exposure, and will continue to report a comprehensive position of its exposure to enhance monitoring and transparency.

Malaysia's economic growth to remain steady in 2019 and 2020

KUALA LUMPUR, Oct 11 -- Malaysia's growth momentum in 2019 and 2020 is expected to remain steady backed by strong fundamentals and a diversified economic structure despite heightening external uncertainties. 

APEC member country members must calibrate its priorities post-2020 Vision

KUALA LUMPUR, Oct 11 -- Asia-Pacific Economic Cooperation (APEC) member countries should recalibrate its priorities for the development of a new vision for APEC, especially as the Bogor Goals enters its final assessment phase in 2020.


Govt develops DSA to better detect, prevent financial crisis

KUALA LUMPUR, Oct 11  – Government has developed the Debt Sustainability Analysis (DSA) to conduct public and external debt sustainability analysis to better detect and prevent a potential crisis.




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