fbpx
Connect with us

News

PH’s Win Good for Malaysia’s Economic Outlook, Predicts London-Based Financial Times

Published

London-Based Financial Times Predicted Ph'S Win Good For Country'S Economy - World Of Buzz 2
Source: Business Insider

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Many Malaysians were concerned about the growth of our economy when Pakatan Harapan took over the office. After all, it’s natural that when a country undergoes a huge political change, its economy will also see some differences too, which means it may drop or prosper! 

Which is why the rakyat was worried about the historic switch of government as it may not reflect well on our economy. A fair concern! 

However, it looks like there’s not much to worry about because The Malay Mail reported that PH’s victory might just improve our economic outlook, after all. Yay!

The Financial Times (FT) shared that our economic views had improved by 1.3 times of the political outlook based on the result of its indices on “Malaysia’s economic and political sentiments” in the first quarter of the year (2018) and the first quarter of 2017.

“When the political outlook improves in Malaysia, the economic outlook typically improves by a greater proportion.”

“Last month’s election result will boost the political outlook in states held by the victorious Pakatan Harapan coalition, so we expect economic sentiment to improve markedly in those areas,” said FT.

Not only that, from its 100 respondents’ survey, FT found that states, which were previously under Barisan Nasional (BN), have improved their political and economic sentiments of the country.

Malaysians

For illustration purpose | source: din merican

Meanwhile, the correlation was weaker in states that were under PH prior to the 14th General Election.

The London-based weekly then continued saying,

“The median increase in the political sentiment index in those states was 9 per cent, compared with 20 per cent in states held by the Barisan Nasional.”

“The median increase in the economic sentiment index in the former was 27 per cent, compared with 33 per cent in the latter.”

Nevertheless, they also noted that overall, Malaysians are always pessimistic with our political and economic outlooks. Come on guys, we need to be more positive! 

This study definitely backs up Lim Guan Eng’s claim two weeks ago, when he said that our economy is stable despite the debts. Hence, with this revelation, we can deduce that PH’s win will definitely ensure the prosperity of our economy. Hopefully, every Malaysian will adopt a positive outlook towards our politics and economy here onwards.

Malaysia Boleh! 

 

Also read: M’sia’s Economy is Strong Despite RM1 Trillion Debt, Assures Guan Eng

- World Of Buzz


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Ft Fire Ft Fire
News4 hours ago

M’sian Lecturer Who Asked His Students to Fill Up Inappropriate Sexual Survey Gets Fired by Uni

Last month, a former student of a local university in Johor shared the traumatic experiences she had with her former...

Collage 39 Collage 39
News7 hours ago

Ousted Leader Aung San Suu Kyi is Sentenced to 3 years in Prison by Myanmar Junta Court

Myanmar’s junta sentenced an Australian economist to 3 years in prison while also handing down another conviction to ousted leader...

Bring Meat Into Singapore 1 Bring Meat Into Singapore 1
News8 hours ago

Man From China Tried To Bring 226KG of Meat Into S’pore, Slapped With RM56,600 Fine

Many of us like to bring food over from our own country when travelling. However, when food items exceed a...

My Post 1 2022 09 30T111411.779 My Post 1 2022 09 30T111411.779
News9 hours ago

Kidnapped Cosmetics Agent Has Been Found & Brought Back To Malaysia By PDRM!

The cosmetics agent that was kidnapped from her home by a group of men in Kelantan on September 13 (Thursday)...

Collage 12 5 Collage 12 5
News1 day ago

Politician Criticises Sabah Gov’t For Unfixed Potholes, Says Elephants Won’t Even Vote For Them

Potholes are not only troublesome but also dangerous to road users. Some potholes are deep enough to cause accidents, or...

Ft Flight Ft Flight
News1 day ago

Malaysia Scraps Mandatory Rule of Wearing Face Masks on All Flights To & From The Country

Back on September 7, the government announced that the requirement to wear face masks in an outdoor public setting would...

Collage U Turn Collage U Turn
News2 days ago

WATCH: Motorcyclist Crashes into Signboard & Breaks Leg When Evading Proton Saga That Suddenly Swerved

Many people can operate their vehicles and get around easily. But to do that while following traffic rules and practising...

My Post 1 14 My Post 1 14
News2 days ago

Watch Out, Toll Jumpers! The Authorities Are Now Regularly Detecting You

One of the latest bad habits that Malaysians have picked up is jumping tolls. This is when one decides to...

Announcement

Latest Videos



TRENDING TODAY