SME News
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2021-05-04
Malaysia in strong position to ride recovery, report says
KUALA LUMPUR: Malaysia is in a strong position to ride a vaccine-led global economic recovery once the domestic Covid-19 situation is under control, according to the Asean+3 Macroeconomic Research Office (AMRO). “Increasing coverage of ongoi...
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2021-05-04
Supportive, proactive fiscal policy critical to counter economic loss from Covid-19: AMRO
KUALA LUMPUR: A supportive and proactive fiscal policy remains critical to counter the severe economic loss wreaked by the Covid-19 pandemic, Asean+3 Macroeconomic Research Office (AMRO) said. AMRO economist Diana Rose Del Rosario said fiscal poli...
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2021-05-03
Malaysia’s global business services market to grow to RM6b, says MDEC
Malaysia is expected to grow its global business services (GBS) market size from US$1.3 billion in 2019 to US$1.5 billion (RM6.15 billion) by the end of 2024, based on a report from GlobalData Findings, said Malaysia Digital Economy Corp (MDEC) ...
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2021-05-03
Malaysia likely to impose fresh MCO in KL, other areas: report
Malaysia is likely to announce and enforce a two-week targeted movement control order (MCO) in Selangor, Kuala Lumpur, Penang, Johor and Sarawak starting Monday, The Star reported on Sunday. It will be similar to the second MCO imposed between Jan...
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2021-05-03
Covid-19 resurgence could hurt Malaysia's recovery if movement curbs reimposed: report
The resurgence in Covid-19 cases threatens Malaysia's economic recovery with the prospect of renewed movement curbs, said OCBC economist Wellian Wiranto in a May 3 note. "Recent reports suggest that the government is considering a reimpos...