Views

The sudden change in policy with regards to the Goods and Services Tax (GST) after the 14th General Election last month was met with mixed reaction. Although “GST abolition” was one of its election pledges, not many expected the new government to move swiftly to zero-rate all products and services under GST by June. It …

Goodbye GST, Hello SST Read More »

We are almost there, according to the World Bank. Malaysia’s aspiration to become a high-income country will be realised in the next few years. The World Bank’s 2017 estimate of Malaysia’s average per capita gross national income (GNI) of US$9,660 is roughly 21 percent below the level needed to achieve high-income-nation status, i.e. US$12,236 or …

Aiming for targeted income groups Read More »

The recent spike in US equity market volatility has evidently drawn a lot of attention. Although the market subsequently rebounded, it went through a very jittery period following a steep 10 percent correction from its peak in the first week of February. The good news is that a majority of analysts are not expecting the …

Financial market jitters despite favourable 2018 macro prospects Read More »

Cab drivers are among the best people who can tell us about the state of the economy in any country. They can provide a good glimpse of people’s purchasing power by the number of rides they have with their passengers every day. They also have the habit of re-telling stories that their passengers – who …

Grab, Uber and the Economy Read More »

I remember some years back a popular TV advertisement used the phrase “What if…?” to denote the possibility of a potential scenario unfolding, and how we should be prepared for it. In the context of the global and Malaysian economic landscape, the same “what if” question may have to be asked when looking at the …

2018: THE “WHAT IF” YEAR Read More »