ABOUT 2.4 million jobs are expected to be lost in the impending economic recession created by the coronavirus pandemic in the country, said the Malaysian Institute of Economic Research (MIER). About 67% of these jobs are unskilled and they mostly involve workers who do not earn a monthly salary, said Mier in its latest study […]
Tag Archives: Malaysian Institute of Economic Research
July
03
Gloomy retail outlook for the first quarter
posted by admin
The lower-than-expected retail sales performance for the first two months has led Retail Group Malaysia (RGM) to revise the country’s projected retail sales growth rate for this year downwards for the second time to 4.9% from 5.5%, writes Laura Lee. Its previous revision from 6% to 5.5% was made on Jan 26, when RGM released […]
