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KUALA LUMPUR, Aug 13 — Malaysia’s second quarter (Q2 2021) gross domestic product (GDP) rose by 16.1 per cent year-on-year after previously shrinking for four consecutive quarters, the Department of Statistics Malaysia (DoSM) announced today. Chief Statistician Datuk Seri Mohd Uzir Mahidin said...
Just over 47,000 travelers through LPIA in April Lynden Pindling International Airport. FILE Lynden Pindling International Airport (LPIA) saw just more than 47,000 travelers pass through the country’s main gateway during the month of April, according to the newest data from the Nassau Airport Development Company (NAD). Though significantly less than typical numbers for the month of April, the 47,332 departures were a vast improvement over the 445 travelers counted for the same period in 2020. The majority of departures – 45,995 in total – were US based, while the remaining 1,337 were...
Tuesday, 11 May 2021 12:39 PM MYT BY KENNETH TEE Nor Shamsiah advised borrowers requiring financial assistance to speak to their respective banks in order to obtain the most suitable assistance. ― Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 11 — Bank Negara Malaysia (BNM) said today a blanket automatic loan moratorium was not the best solution for all given the recent containment measures announced by the federal government since most economic sectors were now allowed to operate as compared to the previous year. Respondi...
Published on: Tuesday, May 11, 2021 By: Bernama Credit: Bernama.com Kuala Lumpur: Malaysia’s gross domestic product (GDP) is likely to have grown by 0.5 per cent quarter-on-quarter in the first quarter of 2021 (Q1 2021), compared to the 0.3 per cent contraction seen in Q4 2020, said Moody’s Analytics. It said although Malaysia has contended with a severe resurgence in Covid-19 cases that peaked in February and tighter restrictions that dampened the revival in domestic consumption, the economy has benefitted from a relatively strong trade position. Exports have been supported by recovering...
Tuesday, 11 May 2021 01:04 PM MYT BY KENNETH TEE People wearing face masks throng Jalan Tuanku Abdul Rahman to do some shopping in Kuala Lumpur May 10, 2021. BNM governor Datuk Nor Shamsiah Mohd Yunus said the impact on growth was expected to be less severe than that experienced last year when the government imposed the first nationwide movement control order. — Picture by Shafwan Zaidon Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 11 — Despite the recent reimposition of nationwide pandemic containment measures by the federal governm...