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Extension of MCO would bring grave hardship to SMEs and B40 group, say economists
Prof. Yeah Kim Leng said the nation’s production capacity would be reduced as assets are sold off and workers could be laid off or have their salaries cut.
QE-led market rally not sustainable as Covid-19 fears linger: Analysts
Prof. Yeah Kim Leng opined that a sharper economic decline is expected as consumption and production activities have been affected by the movement restrictions.
Institutional fund managers should review its investment strategies
Prof. Yeah Kim Leng said fund managers should adopt an ‘averaging down’ investment strategy to reduce losses, and position strategically for a market recovery.
Economist warns of disaster from forcing firms to pay full wages
JCI President Prof. Woo calls for “emergency room economics” to be implemented while the MCO is in force, with aid given to those earning low incomes.
Malaysians urged to review expenses and cut back
Prof. Yeah Kim Leng said those affected should focus on meeting their basic needs first.
Economic headwinds put Malaysia's government in tough spot to bolster state earnings
Prof. Yeah Kim Leng said given the current state of affairs, "it is desirable to maintain a floor price, and fuel tax goes into a stabilisation fund".