Tag Archives: Malaysian Institute of Economic Research

March 25

Malaysia to lose 2.4 million jobs, impending recession due to Covid-19

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 […]

July 03

Gloomy retail outlook for the first quarter

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 […]