Archive for the 'Economics' Category

The Department of Statistics will release the third quarter GDP figures on November 17. To celebrate… Before you play the game yet again, here is some background. The 2Q2018 GDP grew slowly at 4.5% YoY, largely due to an unexpected major gas supply disruption in west Malaysia. The relatively weak growth was enough for many […]

The term austerity is gaining currency in some Malaysian circles. The press and several brokers have mentioned it to describe what they think the Malaysian government is doing in light of various renegotiation or cancellation of megaprojects. Austerity is a sexy term to pull in some eyeballs but really, I think the term has been […]

I have been extremely busy and I have just realized the last time I updated this blog was just slightly more than 3 months ago. I still want to keep this going, except this time, no real commentary. But the second quarter was quite a quarter, externally and especially domestically. These events had added significant […]

We have the right to celebrate May 9. It is after all the first time in Malaysian history change at the very top happened. For years we were only chipping at the edge. Progress felt irrelevant. But now, here it is. Change. Yet, not all or even most of the changes Malaysia needs have been […]

I consider myself lucky. I have gotten enough education opportunities to ride on the benefits of globalization and technological changes. So big are the benefits I have reaped that I think I could travel around the world tomorrow if I wanted to without worrying too much about my financial obligations back home. If I lost […]

Two of Pakatan Harapan’s ten big promises are the abolition of GST (returning to the SST regime) and the reintroduction of fuel subsidy.[1] While I can agree with most of its other proposals that include credible investigations into various financial scandals besetting the Barisan Nasional government, I oppose these two policies. With respect to the […]

It is the final GDP release before the year goes to the dogs! The Department of Statistics will announce the fourth quarter figures tomorrow at noon. Before that, let us play a game: For some context, the year 2017 was a pretty good year for GDP growth. It came after a pretty bad two-year period […]

It is fashionable in certain circles these days in Malaysia to question the reliability of GDP as a measure of welfare. They say they do not feel GDP growth and they prefer something like household income or wage statistics to a measure that is hard to understand. The more extreme criticism goes to claim GDP […]

The Malaysian GDP has been growing strongly so far this year. So strong, that a lot of economists and institutions had to revise their 2017 projections significantly. The growth has been partly due to consumption recovery that took a tumble thanks to the GST, and partly due to strong trade figures (though this is true […]

There were a lot of talks about the budget recently. About those by the opposition and by the government. The opposition may have to improve on its budget quality especially on the assumptions made, but I believe the annual tabling of such alternative is healthy and is a positive development in our increasingly flawed democracy. […]

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