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Exports contribution to GDP depends on vaccination rate | Daily Express Online


Published on: Tuesday, May 25, 2021
By: Bernama
Text Size:
Malaysia recorded a GDP contraction of 0.5pc in Q1 2021, a sign of recovery from a decline of 3.4pc in the preceding quarter, with improvement seen in all economic sectors. (Image: Reuters)
Kuala Lumpur: The significant role exports can play in Malaysia’s gross domestic product (GDP) growth in 2021 would depend on the pace of vaccination in the country, said economists.
Sunway University Business School economist Professor Dr Yeah Kim Leng said domestic consumption and investment could be strengthened with the relaxation on social and economic activities, only through ramping the vaccination process to achieve herd immunity by year-end and keeping the daily infection cases at a manageable level. ....

Kuala Lumpur , Mohd Afzanizam Abdul Rashid , Wellian Wiranto , Julia Goh , Kim Leng , Zafrul Abdul Aziz , Movement Control Order , Sunway University Business School , Bank Islam Malaysia Bhd , Bank Negara Malaysia , University Business School , Professor Dr Yeah Kim Leng , குவாலா லம்பூர் , ஜூலியா கோ , கிம் லெங் , ஜப்ருள் அப்துல் அஜிஸ் , இயக்கம் கட்டுப்பாடு ஆர்டர் , சன்வே பல்கலைக்கழகம் வணிக பள்ளி , வங்கி இஸ்லாம் மலேசியா ப்ட் , வங்கி நெகாரா மலேசியா , பல்கலைக்கழகம் வணிக பள்ளி , ப்ரொஃபெஸர் டாக்டர் ஆம் கிம் லெங் ,

What would it take to give monthly financial aid to poor families, self-employed for MCO 3.0? | Malaysia


Saturday, 22 May 2021 06:56 AM MYT
BY SYED JAYMAL ZAHIID
According to an economist, Putrajaya can afford to transfer as much as RM2,200 in cash directly into the pockets of struggling poor families and the self-employed whose incomes are again threatened by MCO 3.0. Bernama pic
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KUALA LUMPUR, May 22 ― Putrajaya can afford to transfer as much as RM2,200 in cash directly into the pockets of struggling poor families and the self-employed whose incomes are again threatened by a third movement control order (MCO), said one economist.
The third MCO has reignited debate between progressive and hawkish economists over the need for additional government spending, with the former arguing the government could afford to raise borrowings while the latter harps on a growing deficit. ....

Kuala Lumpur , Muhyiddin Yassin , Ahmad Zamzahuri , Zouhair Mohd Rosli , Julia Goh , Hari Anggara , Ministry Of Higher Education , United Nations , United Nations Development Fund , Mohd Rosli , Malay Mail , Higher Education , Kuala Lumpur City , Prime Minister Tan Sri Muhyiddin Yassin , Malaysia Gdp , Malaysia Economy , Self Employed , Movement Control Order , Mco 3 0 , குவாலா லம்பூர் , ஜூலியா கோ , அமைச்சகம் ஆஃப் அதிக கல்வி , ஒன்றுபட்டது நாடுகள் , ஒன்றுபட்டது நாடுகள் வளர்ச்சி நிதி , மலாய் அஞ்சல் , அதிக கல்வி ,

Philippines: Steady hand from the BSP – UOB


May 17, 2021 10:41 GMTFXStreet News
Julia Goh, Senior Economist, and Economist Loke Siew Ting at UOB Group assess the latest BSP event.
Key Quotes
“Bangko Sentral ng Pilipinas (BSP), as expected, maintained its accommodative monetary policy stance for the fourth straight meeting today (12 May). The overnight reverse repurchase (RRP) rate was left unchanged at 2.00%, the overnight deposit rate was kept at 1.50%, while the lending rate was held steady at 2.50%. This decision came after the country posted a steeper-thanexpected GDP contraction in 1Q21 yesterday (11 May) while inflation is heading north due to cost-pushed factors and base effects.”
“In the latest monetary policy statement, BSP cited confidence that the prevailing monetary policy settings remain appropriate to facilitate the nation’s economic recovery towards a sustainable path. While the growth outlook is still subjected to downside risks due to rising COVID-19 infections, the central bank expe ....

Bangko Sentral , Julia Goh , Senior Economist , Economist Loke Siew Ting , ஜூலியா கோ , மூத்தவர் பொருளாதார நிபுணர் ,