鈥榃e can do this鈥, say Malaysian social media users after extension of movement control order
Prof. Yeah Kim Leng told CNA that the government can increase its spending to reduce the economic impact.
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 鈥榓veraging down鈥 investment strategy to reduce losses, and position strategically for a market recovery.
Malaysia extends anti-virus lockdown as cases reach 1,800
Dr James Chin said that Malaysia is on the right track in terms of its mitigation plan, although adding that the MCO could have been in place earlier.
Economist warns of disaster from forcing firms to pay full wages
JCI President Prof. Woo calls for 鈥渆mergency room economics鈥 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".
Outbreak may increase unemployment
Prof. Yeah Kim Leng said the hit to the country鈥檚 GDP in the face of the Covid-19 outbreak was equivalent to an estimated 120,000 to 180,000 job losses
Has Malaysia's new PM inherited a poisoned chalice?
Prof Dr James Chin says 鈥淚f you look at his political history, every time there has been a political crisis he is the last one to show his hand,鈥
MoF urged to devise economic stimulus package
Prof. Yeah Kim Leng states that the government鈥檚 priority for 1H20 should be on speedy, coordinated and efficient spending and project implementation.
鈥業dol鈥 Anwar still PH鈥檚 best asset but must 鈥榬ein in DAP鈥
Prof Dr James Chin said he believed many were blaming Anwar for PH鈥檚 fall, particularly those in the middle class, a key demographic of support for the coalition.
Experts: Implementation is key
Prof. Yeah Kim Leng said a quick review of the stimulus package, unveiled initially by previous prime minister Tun Dr Mahathir Mohamad, would be useful.
