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Malaysia unlikely to post positive growth in 4Q
Prof Yeah said the country’s recovery momentum remains intact with a better than expected GDP growth in 3Q20, although Malaysia is now officially in recession given the two consecutive quarters of contraction.
Economists laud Environmental, Social and Governance measures in Budget 2021
Prof Yeah pointed out that the tax incentives will make it more attractive for issuers compared conventional financing.
Economists largely expect GDP to still contract in 3Q, but in low single digit
Prof Yeah expects GDP to contract in 3Q, by a low single digit.
Asia forms world’s biggest trade bloc
Prof Yeah said agreement is an affirmation of the importance of lowering trade barriers. This means prospering each other through a mutually beneficial exchange of goods and services
Budget 2021 initiatives will save jobs, keep companies afloat, say economists
Prof Yeah provides commentary on a post-moratorium economic relief scenario within Malaysia's economy.
Budget 2021: Economists oppose EPF Account 1 withdrawals
Prof Yeah states that the EPF withdrawals is not a good idea for low and middle-income groups