Anthony Dass

Recent and archived articles by Anthony Dass

4 Dec 2018 | 7:00 AM

Opec meeting risks being a non-event

THE price of oil has been on a roller-coaster ride over the past few years, falling from its 2014 peak before making a steady recovery earlier this year. Brent Crude, the major benchmark price for oil purchases worldwide, rose more than 20% in the first half of 2018, before hitting a four-year high of US$86.07 a barrel in early October.

If the Opec meeting fails and becomes an ambiguity, one can foresee the oil traders expressing their disappointment by pushing the price down as low as US$40 per barrel. Already, prices have fallen by 35% over the last eight weeks.
7 Nov 2018 | 7:00 AM

A comprehensive and innovative budget

Comment - By Anthony Dass
NOV 2, 2019 was a historic day for Malaysia.

1 Oct 2018 | 7:00 AM

Digital technology formalises informality

THE informal economy touches every sector, from agriculture and construction to education and professional services, to a varying degree. A dominant trait is its reliance on unreported cash-only transactions.

Anthony Dass: The informal economy is one of the most pervasive challenges in modern society, yet one of the hardest to measure or understand. Many governments around the world recognise the challenges posed by the informal economy, and are increasingly embracing digital payments as a way to reduce informal transactions.
3 Sep 2018 | 7:00 AM

The risks you face in ‘commoditising’ healthcare

Countries around the world have recognised the need for a robust healthcare system for sustainable growth and development. Recent data shows that the US spends about 17.2% of its GDP on healthcare, while the average spending by Canada, Germany, Australia, the UK, Japan, Sweden, France, the Netherlands, Switzerland and Denmark was around 10.7% of their GDP in 2016.

With the growing need for a more efficient healthcare system to ensure sustainable economic growth, technology-enabled care solutions may help fill the gap.
6 Aug 2018 | 7:00 AM

Young and jobless in Malaysia

AS the global economy continues to recover, labour force is improving, albeit at a slower pace.

Anthony Dass(pic) writes: Looking at Malaysia, although headline unemployment is around 3.4% in 2017, the youth unemployment rate is over three times higher at around 10.8% in 2017. Among Asean countries, the youth unemployment rate is lowest in Singapore at 4.6%, followed by Thailand (5.9%), Vietnam (7%), Philippines (7.9%) and Indonesia (15.6%). In China, it is at 10.8% while India’s youth unemployment
2 Jul 2018 | 7:00 AM

Will the next market crisis turn into a contagion?

Comment - By Anthony Dass
IN today’s scenario, one of our key focuses is the US Fed and European Central Bank (ECB) – both fiddling with their monetary policy. It represents a wind of change in global markets. From a tailwind due to the massive bond-buying programme that effectively supported risky assets, the tide has changed to become a headwind.

6 Jun 2018 | 7:00 AM

How does public debt make our money worth less?

PUBLIC debt is defined as how much a country owes to lenders.

Inflation mechanism: If the government issues extra money and credit, prices of goods and services will go up accordingly.
7 May 2018 | 7:00 AM

Can the US dollar rally last?

The US dollar is in rally mode. It first picked up steam as the 10-year Treasury yield edged towards the psychological level of 3% which it eventually breached.

The greenback is more likely to continue its rally at least in the near term.
9 Apr 2018 | 7:00 AM

The two sides of trade war

US President Donald Trump has instructed US trade officials to consider US$100bil in additional tariffs on China, fuelling an already heated trade dispute between the world’s two biggest economies.

12 Mar 2018 | 7:00 AM

Tariffs and quotas – are they good or bad?

EACH time a household goes shopping, there is a tendency for the household to pay more for the goods purchased owing to tariffs and quotas.