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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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

Data centres make up the bulk of RM144.7bil in approved digital investments
Tengku Zafrul: 2,214 EV Charging stations installed, Miti maintains 10,000 target by 2025
FBM KLCI closes at highest in 2 years
Country Garden allowed to postpone first payments on three onshore bonds
Thai c.bank says intervenes to ease baht volatility, policy rate 'robust'
Indonesia's central bank delivers surprise rate rise to support rupiah
E-commerce bolsters consumption
The art of branding
ACE Market-bound Farm Price aims to raise RM24.5mil from IPO
PCG to focus on advancing growth initiatives, strengthening operational performance

Others Also Read