Daily Industry News Update (15 November 2021)

INDUSTRY NEWS (15 November 2021)

Budget 2022 allocates RM4.6 bil for development projects in Johor, says Mustapa

A total of RM4.6 billion has been allocated for 434 development projects, including 79 new projects, in Johor in the Budget 2022, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said.

Economic recovery to pick up in 4Q but risks remain

MALAYSIA’S economy for the fourth quarter of 2021 (4Q21) is expected to rebound on the back of full resumption of economic activities, lifting of movement restrictions and high vaccination rate.

Moody’s analytics expects Malaysia’s economy to rebound in Q4

Malaysia’s fourth-quarter growth is expected to rebound on the back of a strong export performance, as well as a pick up in private consumption as borders reopen, Moody’s Analytics