KUALA LUMPUR: The upcoming salary adjustment for civil servants is expected to significantly boost Malaysia’s economic growth and benefit Small and Me...
The upcoming salary adjustment for civil servants is expected to significantly boost Malaysia’s economic growth and benefit Small and Medium Enterprises , particularly in the property and retail sectors, said Housing and Local Government Minister Nga Kor Ming.
Several international institutions, including JP Morgan and Goldman Sachs, have upgraded their ratings for the Malaysian capital market. Economic research institutions also project the country’s economic growth in the second quarter of this year to exceed six per cent, surpassing the government’s initial estimate.
Nga emphasised the robust recovery and steady growth of Malaysia’s economy under the leadership of Anwar.
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