KUALA LUMPUR: The key to maintaining steady economic growth is to be able to provide confidence to domestic as well as foreign direct investors, said Juwai IQI global chief economist Shan Saeed.
He said this was proven when Malaysia's total trade saw a double-digit growth in September 2022, when it expanded by 31.4 per cent, reaching RM257 billion.
Exports increase by 30 per cent to RM144.3 billion year-on-year and Malaysia's trade balance continued to record a surplus, increasing 20 per cent to RM31.7 billion.
"This clearly shows that the government has been able to maintain macroeconomic stability and it has provided local investors the economic confidence," he told Bernama.
He noted that last year technology giant Intel Corporation announced a huge investment of US$7.5 billion (RM30 billion) in ASEAN, inclusive of Malaysia.
"This sends a positive signal not only to the ASEAN region but also global investors that Malaysia is on the move," said Shan.
Given the healthy growth in the first nine months of 2022 (9M 2022), the full year 2022 growth is expected to exceed the seven per cent projected earlier.
With the challenging global headwinds, Shan said the country needs a quality leader who is action-oriented, well-experienced and understands the economy.
However, Malaysia is still able to have consistently maintained its economic policy, which led to strong private consumption and improved labour market.
He said as an international property technology investor in Malaysia and a believer in the free market, the company saw that the government had provided the policy framework and let the private sector run the economy.
"In the future, we wish to see this consistency continuing.
"However, this will only happen when the country is led by experienced people who understand the economy at a macro level.
"To have macroeconomic stability, it also means we need to have political stability, economic stability and financial stability," he said.
"On this note, caretaker prime minister Datuk Seri Ismail Sabri Yaakob is a good choice and we hope he can continue to deliver and make a positive impact on the people," he said.
On Oct 20, 2022, the Election Commission (EC) announced that polling for the 15th General Election would be held on Nov 19, while early voting falls on Nov 15.
All 222 seats in parliament would be contested.
-- BERNAMA
Bernama
Mon Nov 14 2022
The key to maintaining steady economic growth is to be able to provide confidence to domestic as well as foreign direct investors, said Juwai IQI global chief economist Shan Saeed. - Twitter/ShanSaeedSays
AWANI Ringkas: Perdana Menteri Singapura
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Data PADU sudah sedia, termasuk program subsidi bersasar - Rafizi
Data dalam sistem Pangkalan Data Utama (PADU) telah sedia untuk kerajaan melaksanakan program rakyat termasuk subsidi bersasar pada bila-bila masa, kata Menteri Ekonomi Rafizi Ramli.
AWANI Ringkas: Seleweng Projek RM1.2 Bilion
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Selangor negeri kelapan terima pakai Akta 672 - Nga
Kerajaan Negeri Selangor telah bersetuju menerima pakai Akta Pengurusan Sisa Pepejal dan Pembersihan Awam 2007 (Akta 672) di negeri itu.
Singapura dijangka kekal stabil meskipun tidak lagi dipimpin keluarga Lee - Pakar
Penganalisis Hubungan Antarabangsa, Dr. Zokhri Idris berkata peralihan kepimpinan utama Singapura kepada Perdana Menteri yang tidak datang dari keluarga Lee dijangka tidak menjejaskan kestabilan pentadbiran republik itu. Jelasnya, Singapura mempunyai sistem peralihan kepimpinan yang sistematik dan konsisten.
#AgendaAWANI
#AgendaAWANI
Bumiputera perlu lahirkan CEO dalam bidang teknologi baharu - Yayasan Peneraju
Ketua Pegawai Eksekutif Yayasan Peneraju, Ibrahim Sani berkata bumiputera perlu meningkatkan penglibatan dalam industri teknologi baharu. Jelasnya, persaingan dalam industri laut merah sudah terlalu padat dengan peluang untuk berjaya menaiki tangga korporat itu semakin tipis.
#AgendaAWANI
#AgendaAWANI
Hsien Loong dijangka kekalkan pengaruh dalam kerajaan Singapura - Pakar
Timbalan Pengarah Eksekutif Institut Asia Eropah Universiti Malaya, Prof. Madya Dr. Roy Anthony Rogers berkata Bekas Perdana Menteri, Lee Hsien Loong dijangka akan terus mengekalkan pengaruhnya dalam Kerajaan, walaupun sudah melepaskan jawatan utama republik itu. Menurutnya, ini merupakan amalan politik Singapura yang wajar dikekalkan.
#AgendaAWANI
#AgendaAWANI
Bumiputera berjaya bukan lagi terbatas kepada menjadi CEO - Yayasan Peneraju
Ketua Pegawai Eksekutif Yayasan Peneraju, Ibrahim Sani berkata takrifan bumiputera perlu ditakrifkan semula dengan memecahkan stigma bahawa kejayaan itu terbatas kepada menjadi Ketua Pegawai Eksekutif semata-mata. Jelasnya, hal ini akan ditegaskan melalui penumpuan semula halatuju tiga agensi dibawah Kementerian Ekonomi pada 20 Mei akan datang.
#AgendaAWANI
#AgendaAWANI
Pasaran getah Malaysia ditutup rendah
Harga Lembaga Getah Malaysia (LGM) bagi Getah Mutu Malaysia 20 (GMM 20) susut 1.5 sen kepada 772.50 sen sekilogram, manakala lateks pukal turun 1.0 sen kepada 726.0 sen sekilogram.
AWANI 7:45 [15/05/2024] Isu UiTM | META dikecam | Siti Nurul Masyitah di ICU | Era baharu Singapura
#AWANI745 malam ini bersaya Cynthia Ng;
- Kerajaan tidak bincang buka UiTM kepada bukan Bumiputera
- Rasuah membarah, dua pegawai kanan badan berkanun seleweng projek RM1.2 bilion
- Ulang alik jaga ibu, atlet kayak negara cedera parah dilanggar pemandu mabuk
- Lawrence Wong angkat sumpah Perdana Menteri Singapura
- Kerajaan tidak bincang buka UiTM kepada bukan Bumiputera
- Rasuah membarah, dua pegawai kanan badan berkanun seleweng projek RM1.2 bilion
- Ulang alik jaga ibu, atlet kayak negara cedera parah dilanggar pemandu mabuk
- Lawrence Wong angkat sumpah Perdana Menteri Singapura
Malaysia kekal destinasi pilihan pembeli hartanah China
Lima destinasi utama yang menjadi pilihan mereka adalah Thailand, Australia, Jepun, Amerika Syarikat dan Kanada.