12MP should focus on digital economy to achieve high-income nation status

KUALA LUMPUR: The government will need to focus on the digital economy and digital infrastructure as well as productivity in the 12th Malaysia Plan (12MP) to restore the country’s growth following the Covid-19 pandemic and hence realise the aim of becoming a high-income economy as early as 2024. The World Bank, in its report titled […]

Malaysia’s trade deficit in services hit record RM47.4 bln in 2020

KUALA LUMPUR: Malaysia’s trade deficit in services increased to RM47.4 billion in 2020, the highest deficit ever recorded, owing to the unprecedented Covid-19 pandemic that has significantly restrained economic activities globally. The Department of Statistics Malaysia (DOSM) said total trade in services amounted to RM232.7 billion, contributing 16.1 per cent of gross domestic product (GDP […]

Healthier economic outlook expected in coming months

KUALA LUMPUR: A healthier economic outlook is anticipated in the coming months based on the latest Malaysia’s Leading Index (LI) performance and the implementation of the National Covid-19 Immunisation Programme. The Department of Statistics Malaysia said in a statement today that the positive vibes were in line with the forecasts by local and international agencies […]

Only 10.45 million Malaysians responded; e-Census still open

KUALA LUMPUR: As at Feb 21, 2021, about 10.45 million or 35 per cent of 32.7 million Malaysians have completed the Population and Housing Census 2020 (Census 2020), said Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin. He said although the online method or e-Census was still open, there were […]