Malaysia Economy To Improve In 2021 In Line With Global Recovery Pm


 



The government expects Malaysia's economic position to improve this year, in line with the recovery of global economic and trade activities, said Prime Minister Muhyiddin Yassin.
Citing a World Economic Outlook report, he said the world’s gross domestic product (GDP) in 2021 was projected to recover at 5.5 percent, while world trade was also projected to grow at 8.1 percent.
"International bodies such as the International Monetary Fund and World Bank in January 2021 projected that our country's economy will grow at a rate of 7.0 percent and 6.7 percent, respectively," he said in his keynote address on the first anniversary since his swearing-in as premier on Monday.
Muhyiddin said the country's economic recovery will also be led by the services and manufacturing sectors which contribute more than 80 percent of GDP.
"At the same time, domestic demand is projected to record a steady growth, supported by improvements in the labour market, low inflation, and favourable financing conditions, as well as the resumption of major infrastructure projects," he said.
As such, Muhyiddin said the Perikatan Nasional government is determined to drive economic recovery more vigorously this year for the well-being of the people after overcoming challenges in 2020.
"I know, even though the situation has gradually improved, many people out there are still losing their source of income and many entrepreneurs are facing pressure to continue their business," he said.
During the second movement control order (MCO) period, he said the government sought to balance public health and economic growth.
Therefore, he said the government decided to provide flexibility by reopening more economic activities compared to under the first MCO, provided they adhere to strict standard operating procedures (SOPs).
"The SOPs for all economic activities have also been tightened with the active involvement of associations and chambers of commerce," the prime minister said.

He said permission for more economic activities to operate was very important because as a trading country, goods produced in the country needed to be exported.

"We know, for example, rubber gloves, electrical and electronic products, and wood products such as furniture are in high demand in the export market," he said.
He said the manufacturing, services, and retail sectors are very important because they help small and medium enterprises in the value chain of national economic activities.
He said the impact of the second MCO, in its early stages, was three times lower compared to the first MCO, with only manufacturing and part of the retail and construction industries allowed to operate at a 100 percent production capacity.
However, Muhyiddin said loss of revenue was still large at around RM633 million a day.
Hence, he said the government directed for all economic activities in the services, retail, and construction sectors be allowed to operate at a 100 percent capacity with strict SOPs to be complied with.
"Permission to operate for these economic activities provides an opportunity for companies to continue to generate income," he added.
- Bernama


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2021/03/malaysia-economy-to-improve-in-2021-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+M

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Make It A Must For Employers In Gig Economy To Register With Socso Says Rep

Make It A Must For Employers In Gig Economy To Register With Socso Says Rep

papar berkaitan - pada 4/3/2021 - jumlah : 90 hits
Bukit Gasing assemblyman Rajiv Rishyakaran says the number of accidents involving delivery riders highlights the need to regulate them PETALING JAYA Bukit Gasing assemblyman Rajiv Rishyakaran has urged the government to make it mandatory fo...
Samsung Launches The Galaxy M62 In Malaysia With 7 000mah Battery And Powerful Processor

Samsung Launches The Galaxy M62 In Malaysia With 7 000mah Battery And Powerful Processor

papar berkaitan - pada 3/3/2021 - jumlah : 114 hits
A Monster of a phone that boasts huge battery powerful processor and upgraded camera Samsung Malaysia Electronics is thrilled to reveal its newest addition to the online exclusive mid range Galaxy smartphone the Galaxy M62 A smartphone that...
Bola Rasmi Liga Super Malaysia 2021 Nike Flight

Bola Rasmi Liga Super Malaysia 2021 Nike Flight

papar berkaitan - pada 16/2/2021 - jumlah : 82 hits
Malaysia Football League selaku pengelola Liga Malaysia telah mengumumkan Nike Flight sebagai bola rasmi untuk semua perlawanan dalam Liga Malaysia termasuk Liga Super Liga Premier Piala Malaysia dan Piala Cabaran bagi musim 2021 Bola Nike ...
Protocols Governing Reopening Of Catholic Churches In Line With Sop

Protocols Governing Reopening Of Catholic Churches In Line With Sop

papar berkaitan - pada 7/3/2021 - jumlah : 96 hits
NSTP HAIRUL ANUAR RAHIMKUALA LUMPUR The commencement of the Conditional Movement Control Order in Kuala Lumpur Selangor and Negeri Sembilan and the Recovery Movement Control Order in Pahang and Terengganu effective yesterday will see protoc...
E Sports Malaysia Kerjasama Antara Yoodo Moontoon Dan Rsg My 2021

E Sports Malaysia Kerjasama Antara Yoodo Moontoon Dan Rsg My 2021

papar berkaitan - pada 18/2/2021 - jumlah : 136 hits
Yoodo dan e sports memang sudah sinonim di Malaysia Yoodo adalah Telco yang paling dominan dalam industri e sports sejak beberapa tahun lalu Paling menarik untuk tahun 2021 Yoodo semakin kukuh bertapak selaku Telco terbaik di Malaysia denga...
Malaysia Airlines In Position For Recovery Post Pandemic Khazanah

Malaysia Airlines In Position For Recovery Post Pandemic Khazanah

papar berkaitan - pada 5/3/2021 - jumlah : 84 hits
Khazanah Nasional Bhd expects the global aviation industry to recover at the earliest by 2023 but believes Malaysia Airlines Bhd has the right cost structure and balance sheet to tough it out Khazanah Managing Director Shahril Ridza Ridzuan...
Airasia Call For Standardised Global Protocols To Help Air Travel Recovery

Airasia Call For Standardised Global Protocols To Help Air Travel Recovery

papar berkaitan - pada 4/3/2021 - jumlah : 100 hits
As vaccines continue to roll out across the globe and domestic air travel looks set to return to pre Covid 19 levels in the near future AirAsia joins a number of leading aviation and tourism experts in calling for a standardised approach to...
Senarai Jersi Home Away 3rd Kit Pasukan Liga Malaysia 2021

Senarai Jersi Home Away 3rd Kit Pasukan Liga Malaysia 2021

papar berkaitan - pada 3/3/2021 - jumlah : 173 hits
Jersi Pasukan Liga Malaysia 2021 Bermulanya musim baharu kebiasaannya apa yang berubah pada pasukan bolasepak adalah jadual perlawanan baharu Senarai Jersi Pasukan Liga Malaysia 2021Jika ada pasukan yang aktif ketika perpindahan pra musim m...
30 Top Malaysia Blogger 2021

30 Top Malaysia Blogger 2021

papar berkaitan - pada 3/3/2021 - jumlah : 117 hits
30 Top Malaysia Blogger 2021 Sejak saya mula menulis blog dengan serius pada tahun 2014 ramai blogger Malaysia yang saya kenal Bermula dengan kenal dalam blog kemudian kenal di Facebook dan ada yang saya sempat berjumpa secara face to face ...
Apakah Tepat Ucapan Minal Aidin Wal Faizin Bagi Memohon Maaf Hari Lebaran

Tudia Tak Perlu Risau Dilanggar Kereta Teknologi Mata Ketiga Bantu Anda Berjalan Sambil Guna Telefon

Rina Perlu Teliti Elak Lebih Banyak Warga Emas Mati Akibat Covid

Doa Terindah

Cancel Subsidi Jaringan Prihatin Cara Batal Pilih Telco Lain

Raya Frasa Pkp

13 Isi Hati Seorang Anak Yang Terpendam Di Hati Tidak Terungkap Dengan Kata Kata

Sambut Raya Pkp 3 0 Norma Baru 2021



Info Penuh Program I Can See Your Voice Malaysia Musim 4 ICSYVMY4 2021

7 Fakta Penting Tentang Masjid Al Aqsa Yang Ramai Tak Tahu

Dahomey Amazon Pasukan Pahlawan Wanita Yang Menentang Penjajahan Barat di Afrika Barat

Info Dan Sinopsis Filem Dekatnya Cinta Adam Dan Hawa 2 Astro First

Kisah Selebriti yang Membunuh dan Terlepas Daripada Hukuman Claudine Longet


Guru Menempuh Cabaran Getir Pandemik Covid 19

13 Held Over Parit Raja Viral Rioting Freed On Police Bail

Govt Medical Staff Overwhelmed And Overworked Says Mma Chief

Touched By Cop S Wife S Act Of Love Lawyer Raises Rm2 000 To Pay Her Fine

Jom Beli Crypto Dengan Luno Malaysa

Sebulan Berpantang Anak Ke 2 Datuk Siti Buat Comeback Slim Macam Anak Dara