AmBank Group chief economist Anthony Dass(pic), who is projecting a 4.5% GDP growth this year for Malaysia, said the economic growth hinges largely on domestic demand and private investment. To this end, he told StarBiz it is imperative for the government to arrest the alarming decline in private-sector investments which has slid from 6.9% in the third quarter of last year (3Q18) to 0.4% in 1Q19.
WITH deepening forecasts of slowing global growth, are there measures that can be taken to lift the situation?
Or as some believe, a US recession leading to a global recession will be difficult to avoid.
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