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Chow reminds Penangites to stay vigilant


GEORGE TOWN: Penangites must remain vigilant now that the state has been listed under Phase Two of the National Recovery Plan (NRP), says Chief Minister Chow Kon Yeow (pic).
The pandemic, he said, was not over and the next objective was to reach herd immunity and a full recovery of the economy as soon as possible.
“We will see more business activities allowed during Phase Two, which will definitely have a positive effect on our economy, retailers and small businesses.
“However, there are many sectors that are not allowed to reopen yet and our next challenge is to see Penang achieve the threshold criteria for Phase Three and Phase Four for full reopening. ....

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Malaysian economy to be back in positive growth this year: World Bank Group


23 Feb 2021 / 09:30 H.
KUALA LUMPUR: Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said.
Its Macroeconomics, Trade and Investment Global Practice lead economist, Richard Record. said the group expects the vaccine deployment can be mostly completed in 2021 in most economies, leading to strong recovery and demand, as well as boosting trade and commodity prices.
“We are projecting a global growth of 4.0% this year. As for Malaysia, we project economic growth this year to range between 5.6% and 6.7%,” he said during the virtual 2021 Malaysia’s Economic and Strategic Outlook Forum (Mesof) titled: “The Post-Covid-19 New Normal – Where Do We Go From Here” on Monday. ....

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M'sian economy to recover on effective vaccine deployment: WB | Daily Express Online


Published on: Tuesday, February 23, 2021
By: Bernama
Text Size:
The vaccine deployment can be mostly completed in 2021 in most economies, leading to strong recovery and demand, as well as boosting trade and commodity prices.
Kuala Lumpur: Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said.
Its Macroeconomics, Trade and Investment Global Practice lead economist, Richard Record said the group expects the vaccine deployment can be mostly completed in 2021 in most economies, leading to strong recovery and demand, as well as boosting trade and commodity prices. ....

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