Malaysia's unemployment rate fell to 4.2 percent in December from 4.3 percent in the previous month, data of the Department of Statistics Malaysia (DOSM) showed.
Malaysia's unemployment rate fell to 4.2 percent in December from 4.3 percent in the previous month (Photo: Reuters)
Hanoi (VNA) – Malaysia's unemployment rate fellto 4.2 percent in December from 4.3 percent in the previous montꦫh, data of theDepartment of Statistics Malaysia (DOSM) showed.
In a statement, the DOSM said that the number of theemployed in the country in December saw a marginal rise of 0.2 percentmonth-on-month to 15.65 million. The employment-to-population ratio recorded a slightincrease to 66.1 percent in the month from 66 percent in last November. Meanwhile, the number of unemployed persons in Malaysiacontinued to decrease by 1 percent month-on-month to 687,600 in December. According to the DOSM, the aftermath of the pandemic causedthe economic revival to be somewhat hindered and it also affected the regainingof the entire labour market as its recovery is directly proportional to theperformance of the economy. Travelling activities observed during the month signalledthat the labour market is projected to improve in the coming months, thedepartment added. Malaysia’s National Recovery Council on February 8 proposedreopening of the international borders as early as March 1, without the needfor compulsory quarantine./.
Bank Negara Malaysia (BNM) on February 4 forecast that the Malaysian economy will expand between 5.5 percent and 6.5 percent this year, underpinned by continued expansion in global demand and higher expenditure in private sector.
Malaysia’s rubber exports continued to record strong growth in 2021, climbing to 64.61 billion ringgit (about 15.5 billion USD), according to Khairuddin Rahim, Deputy Executive Director Malaysia Investment Development Authority (MIDA), adding that the figure was 25.84 billion and 43.64 billion ringgit, respectively, in 2019 and 2020.
The Malaysian Ministry of International Trade and Industry (MITI) has assured that there will be no total lockdown of the economic and industrial sectors, amid the rising COVID-19 cases in the country.
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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.
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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.
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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.
Malaysia's unemployment rate fell to 4.2 percent in December from 4.3 percent in the previous month (Photo: Reuters) 
