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KUALA LUMPUR: Rising concern over numerous Covid-19 variants has intensified the need for government-intervention to support the economy as well as protect households and vulnerable groups by adapting expansionary fiscal policy and increasing debt limit in the short term.
But volatility remains in short term due to Covid-19 cases and external risks
The Philippine economy grew 11.8 per cent year-on-year in the second quarter this year, ending five straight quarters of decline in gross domestic product (GDP).
There are mixed views on outlook as Covid-19 rages on
KUALA LUMPUR: Signs of financial distress in the country are getting more prevalent and clearer as the COVID-19 impact bites deeper into Malaysia’s economy, resulting in rising unemployment and shrinking incomes.
PETALING JAYA: Asset price inflation, which is posing a threat in some Western economies, is unlikely to rear its ugly head in Malaysia amid the country’s low interest rates and massive stimulus packages.