19 May 2024 By Tan E Hun The first part of this article highlighted the importance of fiscal space and labour market reform, as key elements to build Malaysia’s capacity for long-term economic growth. But these two elements are not…
3 June 2024 By Tan E Hun In its latest annual report, Bank Negara projected Malaysia’s growth to be 4% to 5% in 2024. Earlier this month, its latest Quarterly Bulletin reported that the nation recorded a GDP of 4.2%…
Local think tank, Penang Institute and Research for Social Advancement (REFSA) in a recent study tour attended by top dignitaries including the Deputy Minister of International, Trade and Industry Liew Chin Tong identified key issues that need to be addressed…
By Lim Li Lian Malaysia should take proactive measures to shift from being a low-cost semiconductor hub to becoming a country known for providing value in the chip industry, says Research for Social Advancement (REFSA) deputy director Lim Li Lian.…
Media Statement by Research for Social Advancement (REFSA) on 10 May 2024 On 6 to 8 May, local think tanks Penang Institute and Research for Social Advancement (REFSA), with the support of Invest Penang, successfully hosted a semiconductor study tour…
By Tan E Hun Seizing Malaysia’s economic momentum The drastic depreciation of the Malaysian ringgit, comparable in magnitude to the 1998 Asian Financial Crisis, has spooked many and triggered debates on the nation’s economic performance. External headwinds such as persistent…
By Lim Li Lian This is the final installation of my four part series on Propelling the MADANI economy. To summarise, fuel subsidy rationalisation is a contractionary but necessary move for Malaysia, discussed in Part I. In Part II entitled…
By Lim Li Lian In the third and fourth installation of our four part series on the economy, we focus on mission-based policy packages that Malaysia can embark on to realise our vision of Malaysia MADANI. As a recap, the…
By Lim Li Lian Resource rich economies tend to create societies that are dependent on subsidies. These subsidies are usually financed by windfalls from the natural occurring resources that the country has. See how Saudis and Bruneians are tax exempt…
By Lim Li Lian Following the latest positive note that the country’s economy has showed resilience in the fourth quarter of 2023, it is now a crucial time for Malaysia to take a multi-prong and systemic approach to transit Malaysia…