Caution over 2Q growth, despite 1Q GDP surprise
Prof Yeah pointed out that recession risk in trade-dependent Malaysia remains very high in light of the looming global recession where millions have been thrown out of work, notably in the US.
Can Malaysia cope with ‘triple whammy’ economic shock?
Prof Yeah said the government urgently needed to study the “adequacy and efficacy” of the so-called National Care Assistance (Bantuan Prihatin Nasional) package.
Govt must not be hasty in finding balance between health and economy
Prof Yeah said a lockdown exit plan should be done gradually without neglecting the health aspect.
Sharp spike in job losses due to Covid-19
Prof Yeah forecastes a 5% to 6% or more unemployment rate this year.
‘Differing policies may cause difficulties’
Prof Yeah said differing policies from the federal and state governments in response to the COVID-19 pandemic have played out across the world as well.
Malaysia's banking system can handle Covid-19 challenges, says BNM deputy governor
Prof Yeah argues that our excess capital is 3.1 times larger than it was during the GFC. As such, the banking system is in a stronger position to absorb losses in the current crisis.
A longer wait could have resulted in more losses in revenue'
Prof Yeah said the announcement was a welcome relief for businesses and companies that had not been allowed to operate.
Special Report: My Say: The elephant in the room
Prof Yeah believes that the foreign worker situation in Malaysia has not turned into a crisis but there will likely be one if their Movement Control Order is extended further.
Don’t dip into reserves, Putrajaya told
Prof. Yeah Kim Leng warns against dipping into the central bank reserves.
Proper gear and attire vital for frontliners
Prof. James Chin weighs in on the current Malaysian political transition.
Malaysia: Pre-COVID-19 Unemployment rate steady in February, but 2020 unemployment rate forecasted to rise
Prof Yeah predicted that there will be a certain unemployment rate due to the Movement Control Order.
Gradually ease business restrictions during MCO
Prof Yeah weighs in on Malaysia's economic status, mainly on local businesses, as the country enters the third phase of the Movement Control Order.
