Plantation, manufacturing sectors most affected by foreign workers’ freeze
Prof Yeah comments on Malaysia's human resource development prospects in light of the foreign worker intake freeze.Malaysians unprepared for retirement, says MTUC
Prof Yeah reflects on preparing Malaysians for retirement following the Malaysian government allowing Employee Provident Fund (EPF) contributors to make withdrawals to tide over COVID-19 economic impacts.Stronger trade for Malaysia in months ahead: Economists
Prof Yeah comments on Malaysia's economic trajectory under COVID-19 circumstances, comparing it with the 2008 global financial crisis recovery pathway.Consider targeted moratorium extension to B40 and SMEs, banks told
Prof Yeah proposes post-loan moratorium strategies involving a targeted moratorium and banking sector interventions to preserve Malaysia's economy.Despite impact from pandemic, tourism sector will remain key contributor to economy: Expert
Prof Yeah states that government needs to support industry players by encouraging domestic tourism amidst international travel banMay's deflation not a reason for another OPR cut — economists
Prof Yeah elucidates mechanisms underlying deflationary pressures as they relate to the Malaysian Consumer Price Index (CPI), which has recorded a third straight monthly deflation.The State of the Nation: Malaysia will need to raise its FDI game
Prof Yeah states that Malaysia needs to up its game in luring FDI amidst US-China trade war, technological shifts and COVID-19 pandemicSecond Covid wave must not happen or economy will be critically hurt if another MCO imposed: Experts
Prof Yeah is of the view that consequences of second MCO would be less severe, but the impact on the economy will be still damagingMultiple stimulus packages reduce widespread economic hardship — economists
Prof Yeah states that increasing fiscal deficit this year will not spark concerns and unavoidable due to shocks of supply and demand under lockdown periodRM150b dent in economy
Prof Yeah speaks on the quantitative effect of economic loss of RM 150 billion due to a pandemicMalaysia’s April unemployment spikes to 5%, the highest in 30 years
Prof Yeah expects unemployment rate to be around 5% to 6% during the MCO period due to economy shutdown