KOTA BHARU (May 8): The country s economic recovery is on the right track as measures taken by the government are beginning to show positive results, including the strengthening foreign revenue and demand, said Minister in the Prime Minister s Department (Economy) Datuk Seri Mustapa Mohamed.
He said the economic stimulus packages like PRIHATIN; PRIHATIN Package for Small and Medium Enterprises (Additional Measures); National Economic Recovery Plan (PENJANA); the Malaysian Economic and Rakyat s Protection Scheme (PERMAI); the Strategic Programme to Empower the People and Economy (PEMERKASA) and the 2021 Budget have had a positive impact on the country s economic growth.
“Several key economic indicators recorded stronger performance, including the country s Industrial Production Index, which jumped 9.3% in March 2021 the highest growth since July 2013, driven by the manufacturing and electricity indexes, which increased by 12.7% and 10.3%, respectively.
Saturday, 08 May 2021 05:27 PM MYT
Datuk Seri Mustapa Mohamed is pictured in Parliament October 7, 2019. Picture by Yusof Mat Isa
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KOTA BARU, May 8 The country’s economic recovery is on the right track as measures taken by the government are beginning to show positive results, including the strengthening foreign revenue and demand, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.
He said the economic stimulus packages like Prihatin; Prihatin Package for Small and Medium Enterprises (Additional Measures); National Economic Recovery Plan (Penjana); the Malaysian Economic and Rakyat’s Protection Scheme (Permai); the Strategic Programme to Empower the People and Economy (Pemerkasa) and the 2021 Budget have had a positive impact on the country’s economic growth.
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23 Apr 2021 / 16:42 H.
PUTRAJAYA: The Perikatan Nasional (PN) government will continue taking appropriate measures to achieve a balance between protecting the lives and livelihoods of the people affected by Covid-19, Prime Minister Tan Sri Muhyiddin Yassin (
pix) said.
He said Malaysia was not spared from Covid-19 as the country struggled to cope and strive the negative impact of the pandemic on the safety and wellbeing of the people, as well as the economy.
“The partial shutdown of economic activities has brought about serious impacts which caused many workers to suffer job losses due to workplace closure, traders to close shop and supply of essential goods to be affected.
Published on: Saturday, April 24, 2021
By: Bernama
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Kuala Lumpur: Malaysia is heading towards an economic uptick in the coming months, based on the positive year-on-year (y-o-y) growth in the country’s Leading Index (LI) in February 2021.
The leading index (LI) is a predictive tool used to anticipate economic upturns and downturns in an average of four to six months ahead.
According to the Department of Statistics Malaysia’s (DOSM) “Malaysian Economic Indicators: Leading, Coincident and Lagging Indexes for February 2021” report, the LI had increased by 8.5 per cent y-o-y to 111.2 points in February 2021 from 102.5 points previously.
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The positive growth was buoyed by Bursa Malaysia’s Industrial Index which reflected the growth in the healthcare, transportation and logistics as well as the utilities indices.