Stay updated with breaking news from Anthony Dass. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
PETALING JAYA: As foreign investors eye the Asean markets due to the strong economic fundamentals coupled with the global supply chain diversification and rising geopolitical risks, Malaysia sets the tone to attract stronger inflows of foreign direct investment (FDI).
PETALING JAYA: With global headwinds affecting the world economy, coupled with the disruption of shipping lanes, Malaysia as a trading nation is expected to feel the brunt of higher inflationary pressures this year.
PETALING JAYA: The household debt situation, which is high but manageable, should not make corporate Malaysia complacent but instead proactive measures should be taken to ensure that it does not worsen.
Malaysia has enormous potential to rise as a vibrant economy. It has the necessary ingredients like resources, a skilled workforce and good economic fundamentals.
PETALING JAYA: Although there are growing signs that the world economy may slow down or even potentially fall into a recession from higher interest rates due to rising inflationary pressures next year, there are measures that the country can mobilise to cushion the impact on its economy.