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Customise more policies, programmes to support economic sectors: Bursa's chairman

Customise more policies, programmes to support economic sectors: Bursa s chairman
Azanis Shahila Aman
© Provided by New Straits Times
KUALA LUMPUR: Malaysia needs more customisation of policies and programmes to identify sectors or regions that need greater support amid the movement curbs, said Economic Club of Kuala Lumpur chairman Tan Sri Abdul Wahid Omar.
Wahid, who is also Bursa Malaysia chairman, said the Movement Control Order 3.0 and subsequent full MCO had stifled the country s recovery.
Malaysia had seen its 2021 gross domestic product (GDP) growth forecast being trimmed for the second time by the World Bank to 4.5 per cent, down from the six per cent growth forecast in March this year, according to him. ....

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Economy on track for recovery | Daily Express Online - Sabah's Leading News Portal

Economy on track for recovery | Daily Express Online - Sabah's Leading News Portal
dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.

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Wahid: Customise policies, programmes to support economic sectors

Tan Sri Abdul Wahid Omar also said the banking system also remained well capitalised with core equity tier one ratio of 14.8 per cent, sufficient buffer against unexpected risks.
KUALA LUMPUR: There is a need for customisation of policies and programmes to identify sectors or regions where more support is needed amid lockdowns being implemented in the country, said the Economic Club of Kuala Lumpur (ECKL) today.
Chairman Tan Sri Abdul Wahid Omar said the third Movement Control Order (MCO) and subsequent Full MCO had stifled the recovery, resulting in the World Bank lowering its economic growth outlook for Malaysia for the second time to 4.5 per cent in 2021 down from the 6.0 per cent growth forecast in March 2021. ....

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Malaysia's economy on track for recovery, with better growth prospects

Malaysia's economy on track for recovery, with better growth prospects
thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.

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Economy on track for recovery

Datuk Seri Mohamed Azmin Ali said the brighter economic prospect was attributable to rising global demand, increased public and private sector spending, as well as continued policy support.
KUALA LUMPUR: Malaysia’s economy is now on the path to recovery and is projected to chart better growth this year, says Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.
He said the brighter economic prospect was attributable to rising global demand, increased public and private sector spending, as well as continued policy support.
This (brighter prospect) will also be reflected in the recovery in labour market conditions and higher production in the manufacturing sector, particularly in the electrical and electronics (E&E), and the oil and gas facilities, ” he said in a keynote address at the Malaysian Economic Summit 2021 webinar today. ....

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