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Economic and Financial Developments in Malaysia in the First Quarter of 2021

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  Economic and Financial Developments in Malaysia in the First Quarter of 2021 Embargo :  Not for publication or broadcast before  1200  on  Tuesday, 11 May 2021 11 May 2021 Better economic performance, with smaller GDP decline of 0.5% in the first quarter (4Q 2020: -3.4%) The Malaysian economy registered a smaller decline of 0.5% in the first quarter (4Q 2020: -3.4%). The growth performance was supported mainly by the improvement in domestic demand and robust exports performance, particularly for E&E products. Growth was also supported by the continued policy measures. The imposition of the Second Movement Control Order (MCO 2.0) and the continued closure of international borders and restrictions on inter-state travel, however, weighed on economic activity. Nevertheless, as restrictions were eased in February and March, economic activity gradually picked up. Governor Datuk Nor Shamsiah said “The better overall performance reflects the improvement in domestic demand and the strengt
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SDMC: Aidilfitri visits by close family members only allowed on first day of celebration SARAWAK

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SDMC: Aidilfitri visits by close family members only allowed on first day of celebration SARAWAK The Aidilfitri open house for close family members in Sarawak has been reduced to one day. – Bernama file photo KUCHING (May 11): The number of days allowed for Hari Raya Aidilfitri visits by close family members have been shortened further to only the first day of the celebration, the State Disaster Management Committee (SDMC) said. The committee said in its Covid-19 daily update that the decision was made to limit the celebrations to only one day after taking into account the current pandemic situation in the state. “The Sarawak Islamic Council has agreed to amend its standard operating procedures (SOP) for the Hari Raya Aidilfitri celebration, which is, open house visits will be allowed only on the first day and for close family members,” said SDMC. The SOP, which is available on the official website of the Sarawak Islamic Council via http://www.mis.sarawak.gov.my, maintained that the vi
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