Cautious stance: A worker at a batik industrial area in Sukoharjo, Central Java. The government has lowered its best-case third-quarter growth outlook from 5.7% to 5.4% but has held its best-case fourth-quarter outlook at 5.9%. — Reuters
He said the government aimed to lower the number of active Covid-19 cases to around 200,000 before the fourth quarter, down from the current level of around 500,000 but still higher than the average of around 100,000 active cases in the second quarter. In addition to addressing the pandemic, Airlangga pledged to use the economic recovery programme budget to spur consumption and business activity by cutting rent taxes for retailers and luxury taxes on newly purchased cars and houses, among other measures.
The Manufacturing Purchasing Managers’ Index fell to 40.1 in July, ending a nine month expansion in factory activity, and the retail sales index fell by 11% in June, a decline that is expected to continue with the July figure. Lionel Priyadi, macro strategist and equity analyst at Samuel Sekuritas Indonesia, wrote in a statement on Friday that the global Delta variant outbreak and PPKM would likely halt Indonesia’s recovery momentum.
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:
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.
PN govt using RoS to invalidate Umno Supreme Council, says Najib | The Malaysian InsightMove by agency is retribution for Umno's withdrawal of support from PN, he says. Isn’t this what UMNO did to its opposition all this while. Get to taste your own medicine 🤣 Thts what dirty politicians do to each other- AS U CAN SEE THEY R ALL ABOVE THE LAW-
Source: msianinsight - 🏆 8. / 63 Read more »
Thai anti-govt protesters clash with police in BangkokBANGKOK (Reuters) - More than a thousand Thai anti-government protesters clashed with police on Saturday, as they protested against the government's failure to handle coronavirus outbreaks and its impact on the economy. Malaysians patience is running thin Malaysians patience is running thin From 30 to 20000 a day No other country in the world is experiencing this 67000% increase in cases.
Source: staronline - 🏆 4. / 75 Read more »
Govt will keep functioning even if PN collapses, says ZahidClaims that the country's administration would be paralysed is 'propaganda'. Yes the buying for support will stop when PM is voted out. There will be more money for the rakyat and fighting the covid. this country is truly in the pits with politicians spewing nonsense like this n people actually believing it, god helps us all…. Malaysia will keep moving on, even if UMNO dies..!! hahaha..!!!
Source: malaysiakini - 🏆 20. / 51 Read more »
Govt mulls extra allowance for fire and rescue dept, Zuraida says | The Malaysian InsightGovt mulls extra allowance for fire and rescue dept, Zuraida says
Source: msianinsight - 🏆 8. / 63 Read more »
Sabah Umno maintains coalition state govt with PN, PBS despite federal splitStatement was not signed by Sabah Umno chief Bung Moktar.
Source: malaysiakini - 🏆 20. / 51 Read more »
Govt ditches daily new Covid cases for severe infections as recovery plan indicator | The Malaysian InsightMinister says it will only be effective after a state’s vaccination rate reaches at least 50% of its adult population.
Source: msianinsight - 🏆 8. / 63 Read more »