Chief statistician confirms worst reported figure since 1998 financial crisis. Malaysia’s gross domestic product (GDP) contracted by 5.6 percent in … More
Tag: GDP
12th Malaysia Plan: Time to Steer the Nation towards a Dynamic Growth Path
I appreciate the gesture by Datuk Seri Mustapha Mohamad, Minister in the Prime Minister’s Department, for briefing Senate President Tan … More
Malaysia faces revenue crunch as spending mounts on coronavirus woes
KUALA LUMPUR (BLOOMBERG) – Malaysia will enter 2021 with its biggest spending plan yet to spur its virus-hit economy, but … More
Vietnam is surpassing M’sia, we need a complete overhaul
MALAYSIANS need to embark on a serious soul-searching exercise if we are to keep up with the rest of the … More
Tough for Malaysia to go through another lockdown — World Bank
KUALA LUMPUR : It will be challenging for the Malaysian economy to have another lockdown to contain the spread of … More
What Is Important To Sabah Voters?
Tun Dr Mahathir Mohamad laments that Malaysian voters can be bought. It’s fine to talk when you have billions. But … More
Norway posts first public deficit in 25 years
OSLO, Sept 3 : Norway posted its first public deficit in 25 years in the second quarter, its finances weighed … More
Malaysia : Parliament approves raising govt debt ceiling to 60%
KUALA LUMPUR : The parliament of Malaysia on Monday approved the government’s plan to raise its debt ceiling for the … More
Filipinos brace for debt avalanche
Filipinos are bracing themselves for increasing government debt as the coronavirus unleashes an unprecedented havoc on Philippine society that quickly … More
Việt Nam a rising star in gloomy global economy: World Bank
HÀ NỘI — Experts from the World Bank said Việt Nam was a rising star amid the COVID-19 pandemic, ranking … More
There’s only one Asian economy we need to worry about
Why Indonesia is a worry. Only one of the major economies in east Asia poses a real concern – Indonesia. Indonesia’s public debt-to-GDP ratio is modest, at a third of GDP. But with a low savings rate and a small domestic tax base, Indonesia has been borrowing externally.
