Malaysia is expecting sustainable economic growth for the second half of the year on the back of increasing exports and foreign investments, Finance Minister Lim Guan Eng has said.
This, he said, was in comparison to the market’s 2.5 percent year-on-year drop prediction as well as amidst a backdrop of global trade tensions. The statement explained that increased demand for Malaysian goods was due to “trade diversions”, which saw an increase in the country’s exports to US and China respectively.
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:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Finance minister sees sustainable economic growth for Malaysia in 2H19 | Malay MailKUALA LUMPUR, Sept 6 — The Malaysian economy is expected to grow sustainably for the second half of this year following the better-than-expected export growth in July and a 97.2 per cent growth in approved foreign investment in the first half of this year, said Finance...
Source: malaymail - 🏆 1. / 86 Read more »
Finance minister urges for prudent use of govt social aid to ensure target groups benefit | Malay MailPUTRAJAYA, Sept 5 — The government will need to rationalise and optimise a total RM107 billion in social expenditure allocated under the 2019 Budget, especially those channelled as government aide. Finance Minister Lim Guan Eng said this was because the allocation was managed by several...
Source: malaymail - 🏆 1. / 86 Read more »
Another woman to chair reputable bank soon, says finance minister | Malay MailPUTRAJAYA, Sept 5 — Another woman will be appointed chairman of a bank in Malaysia, said Finance Minister Lim Guan Eng. Without divulging the name of the individual, Lim said he had proposed the woman to be chairman of another reputable bank in Malaysia. “If nothing intervenes, an announcement...
Source: malaymail - 🏆 1. / 86 Read more »