NEWS LIST

Domestic market expected to regain traction on investors' optimistic outlook

KUALA LUMPUR, Nov 5 -- The domestic equity market is expected to regain traction following investors' optimistic outlook on the pace of global market recovery and domestic economic growth, supported by various strategic projects, said Ministry of Finance (MoF). 


Fiscal deficit to be reduced below 4 pct over next 3-4 years

KUALA LUMPUR, Nov 6  -- The government aims to reduce the fiscal deficit to under 4 per cent of gross domestic product (GDP) over the next three to four years under its fiscal reform agenda, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.


Fiscal deficit to be reduced below 4 pct over next 3-4 years

KUALA LUMPUR, Nov 6  -- The government aims to reduce the fiscal deficit to under 4 per cent of gross domestic product (GDP) over the next three to four years under its fiscal reform agenda, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.


Mof envisages 4.2 pct rebound in 2021's govt revenue

KUALA LUMPUR, Nov 6 -- The Federal Government's revenue is envisaged to turn around by 4.2 per cent in 2021 to RM236.9 billion, or 15.1 per cent of Gross Domestic Product (GDP), on the back of improving economic growth and business prospects.


Mof envisages 4.2 pct rebound in 2021's govt revenue

KUALA LUMPUR, Nov 6 -- The Federal Government's revenue is envisaged to turn around by 4.2 per cent in 2021 to RM236.9 billion, or 15.1 per cent of Gross Domestic Product (GDP), on the back of improving economic growth and business prospects.


Govt's move to implement MCO, stimulus packages cushioned crisis impact

KUALA LUMPUR, Nov 5  -- The government’s timely implementation of the Movement Control Order (MCO) to flatten the COVID-19 infection’s curve, as well as the introduction of stimulus packages have cushioned the impact from the health crisis. 


Govt allocates RM322.5 bln for Budget 2021

KUALA LUMPUR, Nov 6 – The Malaysian government is allocating RM322.5 billion, or 20.6 per cent of the Gross Domestic Product (GDP), for Budget 2021.


Govt allocates RM322.5 bln for Budget 2021

KUALA LUMPUR, Nov 6 – The Malaysian government is allocating RM322.5 billion, or 20.6 per cent of the Gross Domestic Product (GDP), for Budget 2021.


Services sector set to rebound 7 pct in 2021

KUALA LUMPUR, Nov 6  -- The services sector is projected to rebound by seven per cent in 2021 after contracting by 3.7 per cent this year due to worldwide travel bans, domestic movement restrictions and quarantines, which severely affected the tourism-related subsectors and airlines.


Fiscal deficit to reduce to 5.4 pct of GDP in 2021

 KUALA LUMPUR, Nov 6 -- The Federal Government’s fiscal deficit is expected to be reduced to 5.4 per cent of Gross Domestic Product (GDP) in 2021 from six per cent of GDP anticipated in 2020, according to the Finance Ministry (MoF).




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ECONOMIC REPORT

Budget 2021: MoT to provide incentives to lighten people’s burden - Wee 

KUALA LUMPUR, Nov 19 -- The Ministry of Transport which receives RM6.05 billion allocation under Budget 2021, will be providing various incentives to benefit the people.


2021 Budget : MAFI, private sector must co-operate to optimise Budget 2021

KUALA LUMPUR, Nov 16  -- The Ministry of Agriculture and Food Industries (MAFI) and the private sector must escalate co-operation to optimise the allocation in the 2021 Budget to MAFI so that ...

Budget 2021 described as inclusive for all in tourism sector

KUALA LUMPUR, Nov 9 -- The inclusive Budget 2021 touching on the involvement of various parties contributing to the economic chain related to the tourism sector is seen capable of revital...



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