03.03.2021

Healthier economic outlook anticipated in Malaysia

According to The Statistics Department of Malaysia, a healthier economic outlook is anticipated in the coming months  based on Malaysia’s recent Leading Index (LI) performance and the implementation of the National COVID-19 Immunisation Programme.

The Department of Statistics Malaysia said in a statement that the positive developments were in line with the forecasts by local and international agencies that expected a better economic condition this year. 

Significant contributors to growth were driven by Manufacturing Index from sub-sectors Transport & Other Manufactures (8.4%), Petroleum , Chemical, Rubber & Plastic Products (7.7%) , and Electrical & Electronic Products (7.6%). 

Source: https://www.bernama.com/en/business/news.php?id=1934529 

Image source: Bernama

#economy #malaysia #eurochammy 

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