GDP growth will depend on speed in containing virus spread


Lee Heng Guie SERCSERC executive director Lee Heng Guie said how quickly and efficiently Malaysia can contain the virus within the first half of 2021 will be a key determining factor.

PETALING JAYA: The Socio-Economic Research Centre (SERC) forecasts Malaysia’s gross domestic product (GDP) to grow between 4% and 6% this year, with the efficacy of the vaccine rollout and containment of the Covid-19 infection poised to play a critical role in economic recovery.

SERC executive director Lee Heng Guie said how quickly and efficiently Malaysia can contain the virus within the first half of 2021 will be a key determining factor.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SERC , Lee Heng Guie , GDP , economy , growth , lockdown ,

Next In Business News

Dialog posts first quarterly loss in 25 years
GUH gets RM119.83mil compensation on repossession of Suzhou high-tech zone land
Glomac establishes RM3bil sukuk wakalah programme
Bank Negara issues discussion paper on National Strategy for Financial Literacy 2026-2030, seeks feedback
ES Sunlogy optimistic of its prospects
Ringgit ends higher after correcting oversold position
Perak Corp disposes of three plots of land for RM8.5mil
Trading in MAHB shares to be suspended from Feb 20
Able Global board takes over executive functions as MACC probes chairman
KWAP’s fund grows to RM185.6bil in 2024; records highest gross investment income of RM18bil

Others Also Read