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A booster shot that ‘hits the nail on the head’
Prof. Yeah Kim Leng assumes the package has to be funded entirely through borrowings, Malaysia’s debt level will only be raised by a minimal 0.2% of GDP from the current 70% level.
Tax reliefs and loan deferrals in Covid-19 stimulus package?
Prof. Yeah Kim Leng suggests a tax break to stimulate spending in the affected industries and as a relief to cash-strapped firms and businesses would not be an issue “as long as it is within prudential limits”.
Ringgit will not face extreme volatility thanks to managed float
Professor Dr Yeah Kim Leng mentioned that despite troubles, the currency is unlikely to decline to its worst even after the new government is constituted.
Stimulus package ‘clever’, say economists, but employers call it ‘muddled’
Prof. Yeah Kim Leng said it was crucial to support low-income households.
Cover Story: Redefining the M40
Prof. Yeah Kim Leng says it is worth noting that the B40, M40 and T20 thresholds change with the country’s gross national income.
Pros and cons to lowering EPF contribution rates
Professor Dr Yeah Kim Leng believes that employees must be given the option to choose whether to lower their contribution rate or keep to the present percentage.
