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Oil spike bodes well for Malaysian economy
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Unemployment remains an issue amid economic contraction
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.
Malaysian GDP suffers sharpest contraction since 1998
Prof Dr Yeah Kim Leng said leading indicator (Leading Index) which points to sustained recovery momentum, is encouraging
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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.
Economists laud Environmental, Social and Governance measures in Budget 2021
Prof Yeah pointed out that the tax incentives will make it more attractive for issuers compared conventional financing.
