[PODCAST] Daily Dose @ 5: Malaysia targets GDP growth of 4.5-5.5 pct per annum until 2025, Air strikes reported in Myanmar battle

AMONG the headlines for Monday, September 27, 2021, Malaysia is targeting economic growth of 4.5 to 5.5 pct per annum between 2021 and 2025 as it recovers from the impact of the COVID-19 pandemic, Prime Minister Ismail Sabri Yaakob said today.

The country’s export-driven economy has taken a hit from the pandemic. Bank Negara Malaysia slashed its full-year growth forecast to 3.0%-4.0% from 6-7.5% last month - the second cut this year.

Malaysia’s financial position is also expected to improve in 2023 as the economy strengthens, he said in parliament, while launching a five-year economic plan until 2025 called the 12th Malaysia plan.

Also, Myanmar's military launched air strikes at the weekend after clashes with fighters opposed to the junta in the Sagaing region, according to media and a militia member, as phone lines and the internet were also severed in some districts.

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