Market confidence in Malaysia remains strong amid Covid-19 pandemic, says Finance Minister | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR, Sept 22 — While the world grapples with Covid-19, market confidence in Malaysia remains strong, particularly from foreign investors, based on investments of RM23.1 billion in the bond market up till August, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the...

Tuesday, 22 Sep 2020 05:05 PM MYT

He said the ringgit had also emerged as one of the strongest currencies in Southeast Asia, driven by the government’s ongoing initiatives in managing Covid-19. “In addition, initiatives by the Northern Corridor Implementation Authority are also targeting to increase the economy of the Northern Corridor Economic Region by RM300 billion through the initiatives outlined in the newly launched NCER Strategic Development Plan 2021-2025,” he said in a statement today.

Meanwhile, he said the economic recovery efforts affected by the spread of Covid-19 would be enhanced through a series of Budget 2021 engagements that had been and were being actively carried out by the Finance Ministry’s team to obtain feedback and input from all walks of life.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bill to finance govt expenditure for Covid-19 passed | Malay MailKUALA LUMPUR, Sept 21 — The Dewan Negara today approved the Temporary Measures For Government Financing (Coronavirus Disease 2019 (Covid-19)) Bill 2020 to cover the temporary spending and financing in dealing with the impact of the outbreak. The Bill tabled by Finance Minister Tengku Datuk Seri...
Source: malaymail - 🏆 1. / 86 Read more »

Dewan Negara passes bill to finance govt’s Covid-19 expenditure | The Malaysian InsightDewan Negara passes bill to finance govt’s Covid-19 expenditure
Source: msianinsight - 🏆 8. / 63 Read more »

Senate approves bill to finance Covid-19 measuresFinance minister Tengku Zafrul Aziz said a total of RM45 billion was allocated under the stimulus and recovery plan. FMTNews Covid19
Source: fmtoday - 🏆 5. / 72 Read more »

Bill to finance govt expenditure for Covid-19 passedKUALA LUMPUR: The Dewan Negara today approved the Temporary Measures For Government Financing (Coronavirus Disease 2019 (Covid-19)) Bill 2020 to cover...
Source: theSundaily - 🏆 25. / 51 Read more »