ASEAN economies will experience a slight hiccup and will bounce back stronger in 2021
Tag: GDP
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.