Malaysia to cut reliance on petroleum revenues
Prof Yeah said revenue diversification is one of several major structural issues facing the Malaysian government.
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 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.
Budget is people-friendly'
Prof Yeah said it was too early to withdraw expansionary fiscal support as the country was facing the third wave of the pandemic.
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
ASEAN demonstrates solidarity and cohesiveness under Vietnam’s chairmanship
Prof Yeah said ASEAN has again demonstrated its solidarity and cohesiveness in facing the COVID-19 pandemic
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
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.
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.
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.
Weak consumer confidence poses challenge
Prof Dr Yeah Kim Leng said all eyes are on the number of new cases, which has remained high despite almost a month of new movement restrictions.
Amending Act to improve workers accommodation will raise business costs
Prof Dr Yeah Kim Leng said there will be an immediate impact on company financial performance especially for firms that have under-provided housing.