Should weak export performance be a concern?

by: Prof. Yeah Kim Leng, Director of Economic Studies Program at Jeffrey Cheah In­stitute on Southeast Asia

Malaysia’s just released March export performance can be viewed from either a glass half full or half empty perspective. The glass is half full considering that total export value in ringgit rose by a strong 17.4 percent from the previous month. Likewise, the export volume index grew even more strongly at 19.1 percent.

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Should businesses worry about middle income trap?

by: Prof. Yeah Kim Leng, Director of Economic Studies Program at Jeffrey Cheah In­stitute on Southeast Asia

Of the many challenges facing the Malaysian economy, the middle income trap has become an overarching theme in the country’s growth narrative. It will likely remain so until the nation is able to cross the high income threshold that is targeted by the year 2020.

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Consumer spending key to economy’s resilience

by: Prof. Yeah Kim Leng, Director of Economic Studies Program at Jeffrey Cheah In­stitute on Southeast Asia

Malaysia’s higher-than-expected gross domestic product (GDP) growth of 5.6 per cent in the first quarter has been accompanied by the further strengthening of consumer spending. Often referred to as household spending, total consumer spending is denoted by private consumption in the national accounts that show how the country’s income is used.

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Joint Jeffrey Cheah Institute (JCI) – Malaysian Economic Association (MEA) Seminar: Revisiting the New Economic Model (NEM) – Lags and Prospects

Malaysia’s economy grew at an annual average rate of 7.7% in the 1970-1997 period, and so the official expectation in 2001 was that the economy would grow an average of 7.5% in the 2001-2010 period. The outcome has been disappointing as growth only averaged 4.6% annually in 2001-2016.

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