Can Malaysia avert a recession?


To the rescue: A worker walks near containers at North Butterworth Container Terminal in Penang. The reopening of China’s borders – Malaysia’s largest trading partner – will help to partially offset the slowdown in Malaysia’s external demand.

MALAYSIAN economy enjoys a very strong correlation with the world, being the 24th largest exporting nation.

Socio-Economic Research Centre estimates the correlation at 0.84 between 2011 and 2021, based on a scale of minus 1 to 1 whereby 1 represents the strongest economic relationship.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

headwinds , GDP , recession , layoffs , IMF , China , tourists

   

Next In Business News

Metro Healthcare’s 156.63 mln IPO shares for public oversubscribed by 38.60 times
Bursa Malaysia snaps 4-day winning streak
Trump presidency to enhance Malaysia's export potential, FDI inflows
Oil prices edge up as investors eye US election fallout
Bank Negara to ensure stability amid global volatility, governor says
Nissan plans 9,000 job cuts, slashes annual profit outlook by 70%
PETRONAS signs MoUs to boost technology efficiency in E&P sector
KKB Engineering secures RM93mil contracts and purchase order
OCBC lead arranges maiden sukuk issuance of RM4bil for IHH Healthcare
EcoWorld Malaysia inks deal to acquire land in Selangor for RM742.4mil

Others Also Read