James Chin of Asia Institute at the University of Tasmania says federal government and Peninsular Malaysians need to recognise their East Malaysian counterparts as the original founders of Malaysia.
Continue reading “Professor says Sabah and Sarawak are no ordinary states” →
Sarawak is expected to publicise oil concessions, having settled a legal question over ownership of a continental shelf off its shores, as soon as the general election is called, said a prominent political analyst.
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.
Continue reading “Should weak export performance be a concern?” →
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.
Continue reading “Should businesses worry about middle income trap?” →
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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A long-standing and dominant idea about how industries prosper and countries become rich is they are able to transfer resources from activities which are low in productivity to ones that have high productivity.
Continue reading “Competing in product space and economic complexity” →
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.
The Malaysian Economic Association (MEA) and the Jefferey Cheah Institute on Southeast Asia at Sunway University (JCI) will jointly organise four seminars on the New Economic Model (NEM) from Aug 1- Oct 31.
The Jeffrey Cheah Institute on Southeast Asia (JCI) and the Malaysian Economic Association (MEA) will for the first time be co-organising a series of seminars themed “Revisiting the New Economic Model – Lags and prospects” to discuss the state of the Malaysian economy and the policy reforms needed to increase investor confidence.
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As Malaysia works towards achieving a high-income status by 2020, the conversation for a more decentralised education system should be increased, says Jeffrey Cheah Institute (JCI) president, Professor Woo Wing Thye.
Continue reading “Decentralise education system to solve skills mismatch — professor” →