Short-term solutions, long-term reform


PETALING JAYA: Measures to help businesses manage rising costs linked to the Middle East conflict should go hand in hand with structural reforms aimed at strengthening long-term economic resilience, say economists.

Socio-Economic Research Centre executive director Lee Heng Guie said businesses need to diversify supply chains and focus on digitisation and automation to improve resilience.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

'Agak-agak', 'kaypoh' and 'boleh' added to Oxford English Dictionary
Congestion builds on major highways due to accidents and breakdowns
Three Kedah districts hit with Level 2 heatwave status
Viral video of bloodied woman in Lahat leads to husband's arrest
Teenage boy dies after falling from building in Shah Alam
Water shortage temporarily halted firefighting efforts at forest near Bintulu, says Bomba
Building a more inclusive future in healthcare
Heavy traffic builds on major highways
Pushbike therapy for kids with health issues
Dry spell a drain up north

Others Also Read