Early indications suggest unfavourable business environment ahead

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The latest Leading Indicator (LI) signals an economic recession in the next four to six months.

From early indications gathered in April and May 2020, the economic environment is foreseen to be unfavourable for Malaysian businesses, supported by the latest Leading Indicator which signals an economic recession in the next four to six months.

Chief Statistician Mohd Uzir Mahidin said dynamic measures are required to transform the current economic structure, which is heavily dependent on commodities-based industries and low value-added industries that hire low-skilled and semi-skilled workers with low pays.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No shit Sherlock Holmes!

Ok so what is the suggestion to move forward?

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines