BFM Podcast

Economic Survival Under an Extended MCO

Tan KW
Publish date: Sat, 11 Apr 2020, 11:56 AM

Dato' Dr. Rajah Rasiah, Distinguished Professor of Economics

10-Apr-20 17:00

Economic
 

 

Acknowledging the negative impact that the pandemic has had on the economy, Prime Minister Muhyiddin Yasin today announced that specific industries will be allowed to reopen in stages. We speak to an economist about which sectors are crucial to resucitating the nation's economy, and whether we are already in the midst of a global recession.

 

Discussions
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Datuk Seri Rick Walker

Plenty of businesses closing shop! Let's see how many will survive once their open their doors come end of this month!

2020-04-11 12:34

ks55

Many SME cannot pay salary for their workers.
Many listed company especially with high gearing will go into PN4. Find out!
Many property developers will not launch new project.
Many 'tycoons' with pledged securities go belly up.
Many people lose their jobs.
Many people cannot afford to pay housing loan.
Many banks will see NPL go to 20% level.

2020-04-11 14:49

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