Loss of Employment numbers are projected to increase by 799 each day
Category: Economics & Business
Getting to know economics & business is not that hard if you have been to an engineering school. Connecting the dot between how economics and business works will increase you business acumen literacy
Malaysian Economy Against Emerging and Developed Market
As Malaysia heavily relied on crude oil for its export in 2014 at 30.0%, those downturn proved to be too much to bear. During this time Dato’ Seri Najib Razak has made a very bold decision by introducing GST on 1st of April 2015 at 6% to act as a cover for lost revenue from crude oil.
Purchasing Manager’s Index Globally – April 2020
Approximately 95% of the firms reported unchanged workforce numbers in Malaysia.
Purchasing Managers’ Index – An Economic Barometer
Caixin China General Manufacturing PMITM is compiled by IHS Markit from responses to questionnaires sent to purchasing managers in a panel of around 500 private and state-owned manufacturers.
Emerging Economy Malaysia – Middle Income Trap
The term Emerging & Developing Economies was coined by Antoine van Agtmael in 1981. An economy that is not too rich and not too poor. Malaysia is one of it!
USD 30 per barrel in 2020? 2020 Budget Need to be Revisited
If the crude oil price hovering around USD 30 per barrel throughout the year due to COVID-19 as well as storage capacity issue, Malaysia is about to lose RM 2.3 million a day for every dollar dropped for 524,000 production throughput starting in May 2020.
What is recession?
Recession is a period when economic output contracts for 2 straight quarters
Updated: Crude Oil to Overflow by May 18th
Global crude oil storage capacity is at 1,400 million barrel