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).

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.

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.

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.

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).

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.

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.

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).

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).

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).