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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 鈥渁s long as it is within prudential limits鈥.
A booster shot that 鈥榟its the nail on the head鈥
Prof. Yeah Kim Leng assumes the package has to be funded entirely through borrowings, Malaysia鈥檚 debt level will only be raised by a minimal 0.2% of GDP from the current 70% level.
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 鈥榗lever鈥, say economists, but employers call it 鈥榤uddled鈥
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鈥檚 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.