Malaysia's productivity growth rebounds to 1.8% in 2021


KUALA LUMPUR: Malaysia's productivity growth rebounded to 1.8 per cent or RM90,697 per person in 2021 from -5.3 per cent or RM89,106 per person in 2020, said Deputy International Trade and Industry Minister Datuk Lim Ban Hong.

He said 2021 showed a tremendous awakening from the slow economic bumps encountered due to the impact of the pandemic even though the country had yet to return to its pre-pandemic productivity performance then.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Pappajack shares to transfer to Main Market on Nov 22
BMW Group Malaysia to discuss with govt entities and local partners on EV assembly
Malaysia regains position as China's second-largest crude oil supplier
Indonesia central bank holds rates steady, as expected
Dollar touches one-week low as safety bid, 'Trump trade' momentum ebb
Forbes: Malaysia’s record FDI solidifies position as key economic player in Asean
CIMB onboards Shangri-La Asia and Kerry Properties in Hong Kong for sustainability-linked loans
HSS Engineers' 3Q net profit jumps to RM7.23mil
Reservoir Link Energy appointed PETRONAS panel contractor
Stimulus measures to be enhanced

Others Also Read