Malaysia sees signs of economic recovery in second quarter
The Malaysian government will decide whether to revise its growth target of between 6 percent and 7.5 percent this year based on the gross domestic product (GDP) performance for the second quarter, as the economy is seeing signs of recovery, said an official.
The Malaysian government will decide whether to revise its growth target of between 6 percent and 7.5 percent this year based on the GDP performance for Q2 (Photo: themalaysianreserve)
Kuala Lumpur (VNA) – The Malaysian government willdecide whether to revise its growth target of between 6 percent and 7.5 percentthis year based on the gross domestic product (GDP) performance for the second quarter, as the economy is seeing signs of recovery, said an official.
At a press conference on June 17, Senior Minister and InternationalTrade and Industry Minister Azmin Ali said the Bank Negara Malaysia (BNM) andthe Ministry of Finance are currently looking at the details of the Q2performance, given that the ongoing total lockdown would have some effects onthe economy.
He said signs of recovery in Q2 havebeen seen such as trade performance and foreign direct investment is coming in, reflecting theconfidence level of foreign investors in Malaysia.
Citing an example, he said last week, the Australian-basedAT&S decided to invest 8.5 billion RM in Malaysia by setting up a newfacility in the Kulim Hi-Tech Park, Kedah.
He expressed his belief that if the country could acceleratethe immunisation programme and reach herd immunity, it would have a positiveeffect on the economic recovery./.
Malaysian Prime Minister Muhyiddin Yassin said on June 13 that the Government is drafting a National Recovery Plan in preparation for the country to emerge from the COVID-19 pandemic at a reasonable level.
Malaysian Prime Minister Muhyiddin Yassin unveiled the four-phase, post-pandemic National Recovery Plan for Malaysia in a televised address on June 15.
Malaysia has been under a state of emergency since January 12 until August 1 due to COVID-19. Parliament sittings are not allowed to take place during the emergency. The country's opposition has since called for parliament to be reconvened to allow discussion and bilateral cooperation on the pandemic response
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
The Malaysian government will decide whether to revise its growth target of between 6 percent and 7.5 percent this year based on the GDP performance for Q2 (Photo: themalaysianreserve) 
