KUALA LUMPUR, Aug 14 — Key economic indicators have shown a gradual recovery driven by the recovery in global growth as well as continued domestic support, which will edge up the economic outlook in 2021.

KUALA LUMPUR, Aug 14 — Bank Negara Malaysia’s (BNM) intervention in the financial market through overnight policy rate (OPR) cuts, liquidity injection and releasing debt reserve has helped keep it orderly as it was pre-Covid-19.

KUALA LUMPUR, Aug 14 — Malaysia’s economy is experiencing a “V” shaped recovery after taking the brunt of the lockdown in the second quarter, but it is not out of the woods yet as challenges link to the pandemic and its adverse impact remains both in Malaysia and elsewhere.

KUALA LUMPUR, Aug 14 — Malaysia’s economy contracted 17.1 per cent in the second quarter of 2020, the worst double-digit quarterly decline since 1998 due to the unprecedented lock-down that was imposed to stem the spread of Covid-19 that brought the economy to almost a complete standstill.

KUALA LUMPUR, Aug 14 — Malaysia can still increase its access to the market in India even if the republic withdraws from the Regional Comprehensive Economic Partnership (RCEP) negotiations.

KUALA LUMPUR, August 12 — The government’s debt and liability exposures are estimated to reach RM1.264 trillion by the end of this year, Deputy Finance Minister 1 Datuk Abdul Rahim Bakri said.

KUALA LUMPUR, Aug 11 — Total passenger numbers at Malaysian airports increased more than three-fold to 1.3 million with aircraft movements doubling to 22,600 in July 2020, according to Malaysia Airports Holdings Bhd (MAHB).

KUALA LUMPUR, Aug 11 — Malaysia's Top Glove Corporation said on Monday it had begun making remediation payments to migrant workers who were employed by the world's largest medical glove maker before 2019, when it put in place ethical recruitment practices.

KUALA LUMPUR, Aug 11 — The United States (US)-China trade war does not have a major impact on Malaysia's trade performance with both countries, even though it has impacted the global economy.

KUALA LUMPUR, Aug 10 — Hartalega Holdings Bhd’s wholly-owned subsidiary Hartalega NGC Sdn Bhd will acquire a sub-division of land measuring approximately 24.51 hectares (ha) in Sepang for RM158.31 million from Kumpulan Tanjung Balai Sdn Bhd.

KUALA LUMPUR, Aug 10 — The services sector revenue recorded negative growth of 24.0 per cent in the second quarter of 2020 (Q2 2020) to RM335.6 billion as compared with the same quarter of the previous year, said the Department of Statistics Malaysia.

KUALA LUMPUR, Aug 6 — Bursa Malaysia Bhd will consider granting a further extension of time for companies, which triggered the criteria of Practice Note 17 (PN17) and Guidance Note 3 (GN3) from Jan 2, 2019 to Dec 31, 2020, to enable them to submit their regularisation plans to the Securities Commission (SC) or the exchange after the 24-month grace period.

KUALA LUMPUR, Aug 4 — Hartalega Holdings Bhd's net profit surged 134 per cent to RM219.72 million in the first quarter ended June 30, 2020, from the RM94.06 million chalked up in the same period last year.

SHAH ALAM, Aug 3 — Hartalega Holdings Bhd (Hartalega) has acquired a 95-acre parcel of land located in Banting to be used as the future site for the glovemaker’s next phase of expansion, Hartalega Next Generation Complex (NGC) 2.0., The Edge Markets reported on Thursday.

KUALA LUMPUR, Aug 3 — The ringgit opened lower against the US dollar today but mostly higher against a basket of currencies backed by supportive demand among investors following the government's move to extend loan moratorium to give a breather to those who have lost their jobs.

KUALA LUMPUR, July 29 — Malaysia's exports in June rose 8.8 per cent from last year, lifted by upbeat performances in the manufacturing and agriculture sectors, government data showed on Tuesday.

KUALA LUMPUR, July 29 — The petroleum cash payments made to Sabah, Sarawak, Terengganu and Kelantan amounted close to RM59.8 billion for the 2008-2019 period, according to Minister in the Prime Minister's Department (Economy), Datuk Seri Mustapa Mohamed.

KUALA LUMPUR, July 22 — Bank Negara Malaysia's (BNM) international reserves was slightly higher at RM442 billion (US$104.0 billion) as at July 15 compared with RM440 billion (US$103.4 billion) as at June 30.

KUALA LUMPUR, July 22 — The government has disbursed RM11.14 billion to 10.41 million recipients under the Bantuan Prihatin Nasional (BPN) as of July 20, 2020.

KUALA LUMPUR, July 22 — Malaysia's Consumer Price Index (CPI) declined 1.9 per cent in June 2020 from a year earlier, driven mainly by the transport component that slipped 14.3 per cent, Department of Statistics Malaysia (DOSM) said today.