Malaysia economy

If Muhyiddin's budget is defeated in parliament, his government will collapse, potentially triggering a General Election.

Malaysia has placed a moratorium on loans to help firms cope with Covid-19, but this could only serve to delay a debt and impaired loan crisis

The announcement comes weeks after the central bank lowered the overnight policy rate by a quarter-point to 2.50%, to counter risks from the virus to an already slowing economy.

(Feb 20): The next five years will be crucial for Bank Rakyat as it looks to keep itself relevant amid a fast-changing landscape that will also see rival development financial institutions (DFI) merging in order to compete better.

(Sept 16): No one will argue that investment is the best solution to long-term sustainable and quality economic growth. Investments in productive assets will support output growth — for both domestic consumption and exports — and push up productivity.

(June 20): China is definitely the new Japan. For Mahathir Mohamad, at least.

(Oct 27): Malaysia’s Prime Minister Najib Razak is boosting subsidies and social assistance to lure voters ahead of a tough election battle while painting a rosier economic picture.

SINGAPORE (Oct 16): A new minimum wage in Malaysia will be announced next year, says Human Resources Minister Datuk Seri Dr Richard Riot Jaem.