COMMENT | M'sia is in recession and likely Asean's worst performer

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Second time in two years the country in a recession.

COMMENT | The latest economic performance data for the third quarter of 2021 showed that Malaysia is in a technical recession, which the US Federal Reserve defines as two successive quarters of economic contraction.

This has been noted recently by former prime minister Najib Abdul Razak, and it deserves some attention when politicians recognise the implications of the overreaction of the lockdown measures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cannot be, right, tzafrul_aziz, Mustapa_Mohamed, AzminAli, IsmailSabri60? Please cite the relevant data & set the record straight! We cannot allow these misconceptions to take root among foreign investors & the ratings agencies!!!

Undilah BN lagi. 😂

Another pencapaian 100 hari bagi Pak Mael!!

This is just the begining. Worse yet to come.

Dan bersoraklah mereka

Any surprises there?!

they'll say 'No Anwar, No DAP'.. other thing are not important...

Cannot be lah. Miscommunication

FT where got recession? Got extra public holiday because won local football competition. WTF.

As expected since lousy menteri in parliament

tenkiu atokkk.the root of all cause.

To most of the rakyat, khususnya rural folks, 'apa tu recession?'

South Africa has Omicron. Malaysia has Moron.

I see. Ministers will observe and research......

Expected it. Knowing it will get worse. 💁🏾‍♂️

Vote out this non performing govt. Prices are sky rocketing and kleptocrats is not even in jail! How can politicians and their families who owe millions of taxes and yet fly out to Olympics / Singapore

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY

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.

COMMENT | Our political system keeps us apart by designSo can we really build bridges between communities in M'sia? People must first reject JAKIM-Pas-Umno-Bersatu fake religion and fake language. Only then can Malaysians unite. Really? I never knew that. 🙄 Why should voters choose kleptocrats just Bcus these thieves promise to uplift your life? Do you know you pay more for food and services everyday ? and M’sia national debt rm1.35 trillion is growing more n more
Source: malaysiakini - 🏆 20. / 51 Read more »

Depreciating ringgit, role of middlemen likely reason for price hikes, accelerated inflation, say economists | Malay MailKUALA LUMPUR, Dec 2 — Several economists have warned that inflation in the country has been rising at an alarming rate mainly due to the depreciating ringgit and the role of middlemen in the trade of various goods. Speaking to Malay Mail, three economists said middlemen have been raking in... Middleman always from UMNO. That's how they became filthy rich. But the malays don' t mind because they are bumiputras.
Source: malaymail - 🏆 1. / 86 Read more »

Wall Street closes lower as Omicron and inflation worry investors | Malay MailWASHINGTON, Dec 2 — Wall Street closed lower on Wednesday after a morning rally faded as investors fretted about the latest coronavirus variant and the first evidence of its US arrival while they also digested Federal Reserve Chair Jerome Powell’s comments on surging inflation. After having...
Source: malaymail - 🏆 1. / 86 Read more »

Nokia origin story chronicled in series ‘Mobile 101’: Inside the making of a Finnish tech thrillerAlmost anyone over 30 has owned a Nokia phone at some point in their lives, but not many people know that the iconic brand was created at a Finnish company formerly specialising in rubber boots.
Source: staronline - 🏆 4. / 75 Read more »