Malaysia GDP growth: World Bank revises the number down for 2021.

Malaysia GDP growth: Positive despite negativelah

If we look at the popular malls; MidValley or 1Utama, it’s obvious that they are not yet back to their normal days. I know people show photos of huge number of visitors. This meant that consumption is not going to be as high as previously. However, if we look at the visitor numbers, it is hard to ignore the growing numbers when we are there on the weekends.

Car parks are still available but it’s getting more full than just 2 weeks ago. With Selangor hitting below 1,000 cases per day, the sense of optimism is definitely rising. Thus, I do think World Bank’s revision is okay. They know that we will still be growing but the pace is not as fast as they had expected. Malaysia GDP growth is restarting its engine.

With the news of inter-state travel coming in early October or middle of October 2021 (I am not supportive of this, I hope it is end October instead, read my views with numbers here), this meant that the economy recovery will start to gain strength. Perhaps a little late since it’s already October but hey, a positive number is still a positive yeah. Happy spending money if you are able to. Many of the current promotions will not continue to happen when the shops start to realise that they could sell even without the promotions. The day will come, we just do not know exactly when. Malaysia GDP growth is positive for 2021.

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