KUALA LUMPUR, Dec 17 — Malaysia plans to revisit its approach to agriculture by modernising the sector and adopting smart farming to boost farmers’ income and advance the sector.
KUALA LUMPUR, Dec 17 — The Covid-19 crisis has shown the multifaceted and interconnected nature of the food system, highlighting the need to think about food security and agrofood policy in broader terms, said Agriculture and Food Industries Minister Datuk Seri Dr Ronald Kiandee.
WASHINGTON, Dec 3 — Covid-19-related school closures risk pushing an additional 72 million primary school-aged children into "learning poverty" - meaning that they are unable to read and understand a simple text by age 10, the World Bank said Wednesday.
KUALA LUMPUR, Dec 2 — Malaysia needs to assess its retirement age policy, considering that the country is becoming an ageing society, said World Bank Group representative to Malaysia and country manager Firas Raad.
KUALA LUMPUR, Nov 23 — The Inland Revenue Board (IRB) believes the government's target of RM143.9 billion direct tax collection next year is reasonable, backed by the economic recovery.
KUALA LUMPUR, Nov 19 — Countries around the world will continue to experience health and economic trade-offs for at least another two years, even if the Covid-19 vaccine is discovered, said World Bank's Development, Policy and Partnerships managing director Mari Pangestu.
KUALA LUMPUR, Nov 7 — Budget 2021 recognises the need for continuous support to lives and livelihoods during a period when Malaysians, especially those in the bottom 40 per cent of the household income (B40) group who are under enormous stress caused by the Covid-19 pandemic.
KUALA LUMPUR, Sept 29 — Containing further transmissions of the Covid-19 virus through effective public health interventions is crucial for economic recovery, the World Bank said.
KUALA LUMPUR, Sept 29 — Following a sharper than expected contraction in the second quarter of 2020 (2Q20), the World Bank has lowered Malaysia’s economic growth forecast this year to a contraction of 4.9 per cent, down from an early estimate of -3.1 per cent.
TOKYO, July 10 — International Monetary Fund Chief Economist Gita Gopinath urged governments to shift to "equity-like" support from one focused on loans as the coronavirus pandemic inflicts prolonged damage on companies.
KUALA LUMPUR, June 25 — Malaysia’s economy is projected to contract by 3.1 per cent in 2020 due to a sharp slowdown in economic activities caused by the Covid-19 pandemic, and the country is expected to resume growth in 2021 at 6.9 per cent as the outbreak eases, said the World Bank.
KUALA LUMPUR, April 10 — Malaysia’s gross domestic product (GDP) is projected to contract by 0.1 per cent to 4.6 per cent this year amid negative impact brought by Covid-19, according to the World Bank.
KUALA LUMPUR, March 31 — The ringgit ended higher against the US dollar today, supported by improved oil prices, said an analyst.
WASHINGTON, March 28 — The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said.
PARIS, March 25 — Business activity collapsed from Australia, Japan and Western Europe to the United States at a record pace in March as measures to contain the coronavirus pandemic hammer the world economy, cementing economists’ predictions of a global recession.
NEW YORK, March 13 — Policymakers and government leaders have taken a range of approaches to deal with the economic fallout from the coronavirus.
KUALA LUMPUR, March 4 — The ringgit rebounded from yesterday’s losses against the US dollar to open higher on Wednesday.
KUALA LUMPUR, March 3 — The ringgit extended yesterday's uptrend to open higher against the US dollar Tuesday, ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting today, with the market expecting a 25 basis point cut in interest rates today.
WASHINGTON, March 3 — The International Monetary Fund and the World Bank on Monday said they stood ready to help member countries address the human and economic challenges of the fast-spreading coronavirus outbreak, including through emergency funding.
KUALA LUMPUR, March 2 — The ringgit opened slightly higher against the US dollar amid growing expectations that Bank Negara Malaysia (BNM) and the US Federal Reserve would cuts interest rates soon.
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