Three-pronged strategy to revitalise economy post-pandemic

“Malaysian can position itself to become an international trading hub by catering to the needs of the world’s leading export countries, especially North Asia countries including China, Japan and South Korea,” says Ho.

KUALA LUMPUR: Malaysia needs to widen its fiscal deficit target, tap into the capital market for financing and attract foreign investments to revitalise the economy after the Covid-19 pandemic, China's Labuan-registered Asia Pacific Investment Bank (APIB) says.

Its managing director of the investment banking department at APIB, Adam Ho said this three-pronged strategy was crucial for Malaysia, as like many other smaller countries, is expected to face an uphill battle to recover from the economic depression in the post-pandemic period.