KUALA LUMPUR, Dec 19 — The Malaysian authorities are making progress on their reform agenda, with real gross domestic product (GDP) growth holding up and is projected at 4.5 per cent for 2019, driven by domestic demand, said the International Monetary Fund (IMF). Malaysia’s headline inflation...
Robots weld bodyshells of car are pictured on the assembly line in the Proton manufacturing plant in Tanjung Malim December 16, 2019. — Reuters pic
The statement was issued after the IMF team led by Nada Choueiri visited Kuala Lumpur and Putrajaya on December 5-17 to conduct discussions for the 2020 Article IV Consultation with Malaysia. Domestically, the downside risks are a sharp drop in real estate prices or a deterioration in household debt service ability.
“In case of adverse shocks, the policy response could be a combination of the use of available fiscal and monetary policy space and exchange rate flexibility.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Piercing art: Malaysian body piercer keeps mentor’s legacy alive at Subang studio (VIDEO) | Malay MailPETALING JAYA, Dec 10 — Ronny Lai didn’t know the first thing about body piercings when he first started in 2002. He spent more than a decade learning about the art form from his mentor Spec Ung, who would later become his future boss and a friend for life. The body piercing veteran now has 17...
Read more »
Malaysian property sector improves on positive consumer sentiment | Malay MailKUALA LUMPUR, Dec 19 — The overall performance of the property sector in Malaysia is deemed to have improved slightly in terms of transactions following the government’s initiatives to enable more Malaysians to buy their first house. Malaysian Institute of Estate Agents (MIEA) chief executive...
Read more »
Malaysian rapper Namewee loses venue for New Year’s Eve concert | Malay MailKUALA LUMPUR, Dec 18 — The planned New Year’s Eve concert at Bukit Jalil’s Axiata Arena by controversial rapper Namewee is now in limbo as the venue has been taken back. Accusing former organiser Star Planet of being a part of it, Namewee or his real name Wee Meng Chee said the three licences...
Read more »
Azilah & Co: The deadly need to challenge authority | Malay MailDECEMBER 19 — What went through Chief Inspector Azilah Hadri’s mind as he escorted Altantuya Shaariibuu to her gruesome death outside Malaysia’s capital 13 years ago? An officer’s resolve to execute instructions, an indifference to the task when it is to fulfil a state duty with impunity....
Read more »
US files appeal into WTO system it has broken | Malay MailGENEVA, Dec 19 — The United States yesterday fell foul of its own actions that have weakened the World Trade Organisation after it filed an appeal in a steel dispute with India, even though WTO adjudicators are no longer able to handle such a case. Washington has paralysed the WTO’s Appellate...
Read more »
‘Rise of Skywalker’ reviews among most critical in ‘Star Wars’ galaxy | Malay MailWASHINGTON, Dec 19 — Walt Disney Co’s highly anticipated Star Wars movie The Rise of Skywalker divided film critics yesterday, earning more detractors than any film in the saga since 1999 movie The Phantom Menace. Rise of Skywalker, which debuts in theaters around the globe today, is the ninth...
Read more »