Tag "economy"
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Chini by-election boosting local economy
PEKAN: The presence of huge numbers of people in the Chini state constituency during the campaign period of the by-election these last two weeks is a blessing to the local people. Other that the party members, security personnel and the
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Singapore cuts 2020 GDP outlook again as virus batters economy
SINGAPORE: Singapore downgraded its 2020 gross domestic product forecast for the third time on Tuesday, the trade ministry said, as the bellwether economy braces for its deepest ever recession. The city-state lowered its GDP forecast to a contraction range of -7%
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CMCO: Balancing health and economic aspects for people’s sake
KUALA LUMPUR: The decision by the government to implement the Conditional Movement Control Order (CMCO) by allowing almost all economic and social sectors to be reopened since Monday received various reaction from the public. On the positive side, it allows the people
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Tour bus operators seek govt’s assistance
KUALA LUMPUR: The COVID-19 pandemic not only threatens the health and lives of the people, but also affects the economy and sustenance of various sectors of the economy. Also affected are tour bus operators, who are the “frontliners” that help
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Finance Ministry- A cautious and compassionate effort that deserves praise
With close to 2,406 210 people infected and more than 165 816 deaths around the world, as well as a global economic slowdown, COVID-19 is creating a challenging test for humanity. Malaysia has seen over 5000 cases and 89 deaths
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Trump: Close to plan to reopen economy possibly, in part, before May 1
WASHINGTON: President Donald Trump said on Tuesday he is close to completing a plan to end the coronavirus shutdown and reopen the battered U.S. economy with some parts of the country likely to be ready to go before May 1.U.S.
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China factory gate deflation deepens in March as coronavirus jolts economy
BEIJING: China’s factory gate deflation deepened in March, official data showed on Friday, with prices falling the most in five months, underlining broad economic damage wrought by the coronavirus outbreak. China’s producer price index (PPI) fell 1.5% from a year
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Covid-19: After MCO, SME survey finds banks are sleeping!
PUCHONG: A survey by Business Sustainability Taskforce Covid -19 a coalition of small and medium enterprises (SMEs) revealed the government effort to mitigate the impact of the pandemic, may not yield the desired results due to ineffective measures by financial
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Facing Covid19 – “A fast closing window”
IMF Chief Economist Gita Gopinath and former President Barack Obama’s top economic adviser, Jason Furman have advocated using heavy fiscal firepower for a “whatever-it-takes” economic response to the COVID-19 crisis. Among the drastic measures proposed are: ‘helicopter money,’ where everyone
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Najib urges new govt not to cancel projects approved by Pakatan
PUCHONG: Former prime minister Datuk Seri Najib Tun Razak urged the new government not to cancel off infrastructure projects approved by the previous Pakatan Harapan government. In a Facebook post today, Najib urged the Perikatan Nasional administration not to repeat
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