PETALING JAYA: Reforms such as reducing farmers’ reliance on bank loans and cutting out the role of the middlemen in the agricultural sector are needed if Malaysia is to reduce its massive food import bill, say economists.
GEORGE TOWN, Oct 8 The World Bank’s revision of its forecast for Malaysia’s economic growth from 4.3 per cent to 3.9 per cent bodes poorly for the local economy, economists.
Deputy Finance Minister Datuk Seri Ahmad Maslan’s recent pronouncement that one should at least have RM240,000 in savings to retire comfortably has rattled many. Can you really live on RM1,000 a month as suggested?