World Bank maintains 4.6% projected growth for Malaysia in 2019
It notes the government remains committed to its fiscal consolidation plan, with a continued expectation of achieving the 3.4% fiscal deficit target.
Malaysia looks set to maintain moderate growth in 2019. – The Malaysian Insight file pic, October 10, 2019.
THE World Bank maintained Malaysia’s economic growth at 4.6% in 2019, underpinned by the continued robust growth in private consumption amid stable labour market conditions.
In a note today, the World Bank said the weakness in the external sector is likely to persist over the near term, with heightened uncertainty surrounding the external environment and softening global demand for electronics and electrical products constraining export growth.Read more: TheMalaysianInsight
Persistent trade tensions risk worsening poverty: World BankWASHINGTON: As global trade tensions persist, investments are put on hold and without that cash to boost economic growth, poverty could surge, the World Bank’s chief economist warned Tuesday.
Fake news can not only destroy Malaysia, it can destroy the worldMP SPEAKS | Fake news has been described as the third existential threat to humanity apart from nuclear warfare and climate change. The problems is no more abt fake news..It is abt the world predominantly full of fake people..Creating fake ideas to justify their survival or feeding to their own ego's..chedetofficial anwaribrahim limkitsiang How Sarawak Reoport suppose to exist? Ph full fake news ge14.
By 2030, 90% of world’s poor will be Africans, predicts World BankRapid population growth contributes to increase in number to more than 416 mil people. FMTNews
Simone Biles strolls into 15th world title as US bags team gold | The Malaysian InsightShe also got a loud cheer for landing the Biles II skill – a triple-twisting double back on the floor.
Malaysian girls not up to mark in world junior meetKUALA LUMPUR: Unlike last year, it will be a quiet affair for Malaysia in the girls’ singles event in the World Junior Championships when they were wiped out in the second round.
Germany's World Cup winner Schweinsteiger announces retirementBERLIN (Reuters) - Germany's 2014 World Cup winner Bastian Schweinsteiger on Tuesday announced his retirement at the age of 35, following the end of the American MLS season.