Economists laud Prihatin package
Prof. Yeah Kim Leng said local companies could benefit from a RM50 billion government guarantee scheme via Danajamin Nasional Bhd.
Stimulus Package 2 should reach wider range
Prof. Yeah Kim Leng expected a bigger and more comprehensive stimulus package to mitigate the economic impact of the extended MCO and to alleviate economic hardship.
Malaysia's record $83b stimulus targets households, businesses
Prof Yeah Kim Leng says the second stimulus package, amounting to 1.7 per cent of GDP, will help to cushion the economic impact of the MCO.
Extension of MCO would bring grave hardship to SMEs and B40 group, say economists
Prof. Yeah Kim Leng said the nation’s production capacity would be reduced as assets are sold off and workers could be laid off or have their salaries cut.
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.
EPF i-Lestari withdrawal to begin May 1
Prof. Yeah Kim Leng said any additional cash would be helpful to ease the financial burden of large families in low-income households.
‘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.
Oil prices dependent on demand recovery
Prof. Yeah Kim Leng said crude oil price outlook is conditional on the willingness of the oil-exporting countries to agree on production cuts and ensure an orderly supply.
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.
