Malaysia on the Path to Recovery as Revealed by Key Economic Indicators: Deputy Minister

At a Parliamentary discussion,  Arthur Joseph Kurup, Deputy Minister in the Prime Minister’s Department (Economy) highlighted encouraging metrics from Malaysia’s retail, tourism and commodity industries. Responding to an in-house question on current economic conditions, challenges faced and measures taken to steer the economy out of COVID-19, Kurup noted that several key economic indicators provided proof of Malaysia’s progress.

Kurup stated that Malaysia’s retail sector was starting to show signs of a gradual recovery. In addition, occupancy rates at hotels across the country had increased to 23.4%, following the lifting of the Conditional Movement Control Order, with cross-state travel now permitted.

Within the commodi...