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Saturday, February 27, 2021

Bila Mahathir nak letak jawatan?

Banyak sangat sebab dan dalil dah patut undur dan letak jawatan.

Dulu hanya sebab ringgit RM3.80 berbanding dolar Amerika pun dia sibuk suruh Najib letak jawatan

Sekarang ini ringgit dan menjunam RM4.15 dah setahun lebih tak jugak letak jawatan.

Tambah hutang baru lagi.

Ekonomi negara punya future bleak.

Petronas downgraded. MAS safety pun downgraded.

Tambah lagi kalah teruk PRK Tanjung Piai.


Malaysia GDP Growth Weakest in a Year Amid Global Slowdown

Malaysia’s economic growth eased in the third quarter to its slowest pace in a year amid declining exports and weaker factory output.

Gross domestic product rose 4.4% in the three months through September from a year ago, according to figures from the central bank. That matched the median expectation in a Bloomberg survey of economists.

The slower third-quarter print comes after Malaysia’s economy bucked the regional trend in the previous three months by expanding 4.9% — its fastest pace in more than a year — even as its neighbors’ growth slowed. Analysts are calling for Malaysia’s central bank to begin easing borrowing costs next year after a surprise cut last week to banks’ statutory reserve ratio requirement hinted at the need to bolster growth.

“The weak growth figure in every sector means BNM will need to cut rates to support growth,” said Trinh Nguyen, senior economist at Natixis Asia Ltd. in Hong Kong, predicting the benchmark rate will be 50 basis points lower by the end of 2020. Inflation “is low and growth is decelerating, so the hurdles to a rate cut are low.”

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