Tag: economy
Why “GDP by race” is the wrong question to ask
In Malaysia, the Department of Statistics Malaysia measures this output by industry and value-added chains. It is not, and has never been, measured by the race or religion of the participants.
Why waqf must enter everyday economic life
Research on waqf in Malaysia affirms that Muslims generally associate waqf with mosques, religious schools or burial grounds, reinforcing a familiar and narrow understanding of the institution. These associations are not wrong, but they are incomplete.
Why degrees alone no longer suffice
Policymakers can accelerate the correction that the market is already signalling. Expand high-quality TVET places, tie university curricula far more tightly to documented industry needs, reward institutions for employment outcomes rather than enrolment numbers, and celebrate applied careers as enthusiastically.
Waking up from our oil dependency
The government must wean itself off oil revenues through urgent, credible fiscal reforms.
US debt market crisis looming, JPMorgan chief warns
Dimon cautioned that once investors become aware of the impact of rising debt levels, interest rates would skyrocket and markets would be disrupted -- a dangerous scenario for the world's biggest economy.
Trump’s Tariff: A test to Malaysia’s trade resilience
Analysts predict that the long-term effects could shave off anywhere from 0.5% to 1.0% from Malaysia’s gross domestic product growth, depending on the duration of the measure.
Painful transition to high income economy, change inevitable
But economists say the move to increase wages is inevitable as the majority struggle with cost of living issues. Many agree reform is painful. But it is inevitable.
We are on the right track towards digital economy
With 86% of Malaysians online, the country’s shift towards digital payments is a natural progression.
More TVET jobs through circular economy
TVET equips individuals with practical skills essential for implementing circular economy practices.
Higher education strategy critical to future proof economy
R&D should also emphasise more applied rather than basic. As of now, our R&D spending is more skewed towards fundamental.
