ECONOMIC REPORT LIST

More developing countries seek financial support from MDBS due to COVID-19

KUALA LUMPUR, Nov 6  -- The challenge to manage the impact of the COVID-19 pandemic has triggered an increasing need of many developing countries, including Malaysia in seeking financial support from the Multilateral Development Banks (MDBs).


Digital bank holds promising future in Malaysia: MoF

KUALA LUMPUR, Nov 6 -- Digital Banking holds a promising future in Malaysia and the journey towards establishing digital banks will become a reality with the digital transformation in the Malaysian financial landscape.


Rising cost of living remains critical concern to low-income group

KUALA LUMPUR, Nov 6 -- Achieving a developed, high-income, and an inclusive nation must be accompanied with higher purchasing power, but unfortunately, the rising cost of living remains a critical concern among the rakyat, particularly the low-income group.


Manufacturing sector forecast to grow 7 pct next year

KUALA LUMPUR, Nov 6  -- The manufacturing sector is forecast to rebound by 7.0 per cent next year, driven by steady improvement in both the export-and-domestic-oriented industries.


Gross exports expected to grow 2.7 pct in 2021

KUALA LUMPUR, Nov 6  -- Gross exports are expected to rebound by 2.7 per cent in 2021, benefitting from the recovery in global trade and supply chains, said the Ministry of Finance (MoF).


Home affordability shows improvement between 2016-2019

KUALA LUMPUR, Nov 6  -- Home affordability has generally improved in Malaysia in the last few years as the overall median house price had fallen by one per cent annually from 2016 to 2019.


Logistics players' business model need digitalisation to survive COVID-19 - MoF

KUALA LUMPUR, Nov 6  -- Logistics players need to adopt a new business model to survive the COVID-19 pandemic that has disrupted the supply network.


Inflation expected to normalise at 2.5 pct next year

KUALA LUMPUR, Nov 6 – Malaysia’s Inflation is expected to normalise at 2.5 per cent next year in line with better economic prospects and higher crude oil prices, said the Ministry of Finance (MoF).


Current account balance to record lower surplus in 2021

KUALA LUMPUR, Nov 6  – Malaysia’s current account balance is expected to record a lower surplus in 2021 at RM20.3 billion or 1.3 per cent of the gross national income (GNI), in line with the expansion in domestic industrial and investment activities, said the Ministry of Finance (MoF).


Domestic demand to rebound 6.9 pct in 2021

KUALA LUMPUR, Nov 6  -- Domestic demand is expected to contract by three per cent in 2020, with the private and public sectors’ spending declining by 3.2 per cent and 2.1 per cent respectively, said the Ministry of Finance (MoF).




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