Prof Yeah Kim Leng said Malaysia's RM162.6 billion total trade in January is attributed to global economy recovery prospects and vaccination programmes across the globe.
Prof Yeah Kim Leng said the EPF’s investment performance remained intact despite the pandemic due to faster-than-expected recovery in markets everywhere.
Prof Dr Yeah Kim Leng said the quicker the third Covid-19 wave is brought under control, the faster it will be for the recovery in domestic spending and export demand.
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.