‘We can do this’, 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 ‘averaging down’ 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 “emergency room economics” 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’s 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 “If you look at his political history, every time there has been a political crisis he is the last one to show his hand,”
MoF urged to devise economic stimulus package
Prof. Yeah Kim Leng states that the government’s priority for 1H20 should be on speedy, coordinated and efficient spending and project implementation.
‘Idol’ Anwar still PH’s best asset but must ‘rein in DAP’
Prof Dr James Chin said he believed many were blaming Anwar for PH’s 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.
