Malaysia’s economy to remain on positive growth trajectory
Malaysia’s economy is expected to remain on the positive growth trajectory moving forward despite uncertainty on the global economic front, as the country still has ample liquidity buffers, according to Bernama news agency.
Kuala Lumpur (VNA) – Malaysia’s economy is expected to remain on thepositive growth trajectory moving forward despite uncertainty on the globaleconomic front, as the country still has ample liquidity buffers, according toBernama news agency.
Inter-Pacific Asset Management Sdn Bhd chief executive officer Datuk Dr NazriKhan Adam Khan said despite a surge in the US inflation recently, Malaysianbonds, namely Malaysian Government Securities, remained stable.
The market is falling not due to economic factors but due to inflation risingfaster than expected, he said, adding Malaysia still has ample liquidity, andthe Bank Negara Malaysia (BNM) cut the interest rate four times last year whilethere is a possibility for the central bank to reduce it further to 1.5 percentfrom 1.75 percent to stimulate the economic growth.
US Federal Reserve Chairman Jay Powell triggered a sudden sell-off in long-termUS Treasury debt and equities, after he vowed to keep monetary policy steady,even as the economy improves and inflation begins to rise.
The US five-year break-even rate, a market-based measure of inflationexpectations, exceeded 2.5 percent on March 3 for the first time since 2008, Bloomberg data show.
Meanwhile,Nazri said that Bursa Malaysia is expected to trend higher next week, touching1,600 points, driven by the downward trend in COVID-19 infections to below2,000 daily cases of late, as well as the continued recovery in oil prices.
Themarket is also expected to gain some support over speculation of a snap 15th general election lingering in the market, he said, adding that it could be heldonce the pandemic is contained as assured by Prime Minister Tan Sri MuhyiddinYassin.
Additionally,the improving of US-China relations under Joe Biden’s administration is alsogood catalyst for Malaysia. As both countries are among our major tradingpartners of Malaysia, the nation should be riding on the positive developmentto grow the economy, he said./.
Malaysian Prime Minister Tan Sri Muhyiddin Yassin plans to launch the Malaysia Digital Economy Blueprint (MyDigital) to further promote the crucial economic sector’s growth, said Minister in the Prime Minister's Department in charge of Economy Mustapa Mohamed.
China became the largest source of foreign direct investments (FDI) for Malaysia in 2020, the Malaysian Investment Development Authority (MIDA) said on March 3.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
A corner of Kuala Lumpur, Malaysia (Photo: VNA) 
