Sarawak playing major role in national economy: Ahmad Maslan

KUCHING: A federal minister has acknowledged Sarawak’s significant role in the country’s fiscal landscape, admitting that the state is contributing to the overall Malaysian economy. Deputy Finance Minister Datuk Seri Ahmad Maslan said the state’s advantages include resource-rich economy, infrastructure development, industrial and manufacturing growth, agriculture and agribusiness, tourism potential, small and medium enterprises (SME) […]

Malaysian economy to rebound to 6.0 per cent in 2021

KUALA LUMPUR: UOB Malaysia Bhd expects the country’s economy to rebound to 6.0 per cent next year compared to its earlier estimate of 5.5 per cent as a result of government efforts to counter the effects of the Covid-19 pandemic. Senior economist Julia Goh said improved external demand conditions will be another significant contributor to […]