Malaysia economy likely to stay afloat despite policy flip-flops, political instability: analyst

Businesses will steer towards more profitable ventures that will see more people employed

Published Fri, Aug 13, 2021 · 05:50 AM

Kuala Lumpur

MALAYSIA'S economy is still expected to stay afloat despite the combination of inconsistent government policies, the ongoing Covid-19 pandemic and the political uncertainty in the country, an analyst said at a webinar on Thursday.

Oh Ei Sun, a senior fellow with the Singapore Institute of International Affairs (SIIA) and based in Kuala Lumpur, noted that Malaysia has remained commercially-driven and can rely on its natural resources such as palm oil, rubber, oil and gas.