Domestic demand to play key role in sustaining country’s overall growth

KUALA LUMPUR: Malaysia’s domestic demand is expected to play a key role in sustaining the country’s overall growth going forward. Mohd Afzanizam Abdul Rashid, the chief economist of Bank Muamalat Malaysia Bhd, said stability in the employment market, the implementation of infrastructure projects and “pockets of improvement” in the technology sector are likely to keep the […]

Malaysia’s productivity growth expected to be at 3 pct this year

KUALA LUMPUR: Malaysia’s productivity growth in 2023 is expected to be moderate at 3 percent “amid continuous challenges in domestic and global economies,” said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said that more needs to be done to boost Malaysia’s productivity and competitiveness to improve the economy. “Under the recently launched Madani Economy […]

Premier optimistic of strong domestic economy

MIRI: Sarawak is on the right track to economic recovery as most of its indicators show an upward trend. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg expressed his optimism that the domestic economy will gradually improve and become stronger after COVID-19. “These three years have been very challenging as the pandemic has caused […]

Buy Malaysia Campaign relaunch to help stimulate domestic economy

KUCHING: The Buy Malaysia Campaign (BMC) relaunch will help stimulate domestic economy, says Domestic Trade and Consumer Affairs Ministry secretary-general Datuk Seri Hasnol Zam Zam Ahmad.  “This is in line with the aim to encourage consumers to buy local products as well as help entrepreneurs,” he added at the launch of Mydin hypermarket’s OHMYDIN! Huru […]