After a long wait and much suspense at last the public is relieved when the Minister of Finance finally announced the Stimulus Package of RM60 billion for two years today. Some quarters are saying that this Stimulus Package injection was quite late when it should be have been released early this year.
Earlier this month Malaysia [...]
At last the MOF has been ‘pushed’ hard by the dwindling industries and retrenchment reports to admit that Malaysia is slowly falling into recession. It took more than two months for the MOF to publicly make this declaration.
What is holding them back for so long to admit the situation? Are they trying to manipulate [...]
It seems recession is going to hit our shores much earlier than expected by our government. As reported by TheMalaysianInsider.com.my our trade partners US, China and other Asian countries business are slowing down much faster. Several banks already estimated that our economic growth for next year will be between 0.5 and 2.0 percent, a figure [...]
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