Budget 2021 vital to boost investment sentiment
Prof Yeah said government support in the form of wage subsidies extension, access to funds and guarantees, and various reliefs to low business costs would be welcomed, especially by large and mid-sized firms that are considering downsizing, relocating or exiting.
GLC-driven initiatives will boost recovery, say experts
Prof Yeah provides commentary on the role of GLC in supporting Malaysia's economy during the COVID-19 pandemic
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
Malaysia to cut reliance on petroleum revenues
Prof Yeah said revenue diversification is one of several major structural issues facing the Malaysian government.
Going jobless for longer periods ‘here to stay’
Prof Dr Yeah Kim Leng said unemployment will only inch down unless there is economic recovery, and the pandemic is contained.
Get your investment act together, says World Bank rep
Prof Dr Yeah Kim Leng called for a review of the various regulatory agencies especially if they caused the country’s investment climate to be less attractive.
Act fast to arrest slide in FDI, say experts
Prof Dr Yeah Kim Leng said Malaysia is caught in a dilemma between insufficient high skilled workers and low cost labour that is not cheap enough.