ECRL

Is Malaysia heading for a recession?

Contrary to what some observers may believe, Malaysia’s economy is actually doing better than expected – although that doesn’t mean fears of a recession are unwarranted.Earlier this month, Malaysia’s central bank, Bank Negara Malaysia (BNM) announced that the country’s economy grew by 4.9 percent in the second quarter of 2019, recording stronger growth than in the first quarter (4.5 percent) and beating most economists’ predictions.

29 August 2019
0

Has Malaysia’s new government been a success?

Malaysia’s Alliance of Hope-led (Pakatan Harapan) government turns one today, and like most one-year-olds, there have been a few falls and bumps.Euphoria swept through the country after the coalition led by former prime minister Mahathir Mohamed shocked the nation on 9 May last year, finally handing Malaysia its first new government after 61 years of independence.

10 May 2019
0

Malaysia saves US$5 billion

After coming into power last year, the Alliance of Hope (Pakatan Harapan)-led government of Malaysia had decided to halt the progress of local projects that were run by China-based companies. Two of these were railway projects – the High-Speed Rail (HSR) and the East Coast Rail Link (ECRL).

18 April 2019
0