In Kuala Lumpur, Malaysia (Photo: New Straits Times) Hanoi (VNA) – According to observers, Malaysiamust cope with a sagging economy due to the impact of the global trade tensionin 2019 and strive to find a foothold before the transfer of power schedulednext year.
Prof. Yeah Kim Leng from Sunway University said after a dull2019, the Malaysian economy will witness recovery in 2020.
Explaining his comment, the scholar said improving economicdriving force and external prospect will better confidence of investors andconsumers. That is also a reason why the Malaysian government has forecast thatthe economy will grow by 4.8 percent.
He added that the UK’s exit from the European Union will poserisks to the global trade.
Under the monetary policy statement released in November, theMalaysia central bank said the private sector’s spending will hamper economicgrowth in the future./.
Prof. Yeah Kim Leng from Sunway University said after a dull2019, the Malaysian economy will witness recovery in 2020.
Explaining his comment, the scholar said improving economicdriving force and external prospect will better confidence of investors andconsumers. That is also a reason why the Malaysian government has forecast thatthe economy will grow by 4.8 percent.
He added that the UK’s exit from the European Union will poserisks to the global trade.
Under the monetary policy statement released in November, theMalaysia central bank said the private sector’s spending will hamper economicgrowth in the future./.
VNA
