tags - Sinar Daily

Positively, bailouts can be a considered remedy to save companies and industries whose demise might have dire metastatic consequences for the economy referred to as “systemic significance”. ​​​​​​​However, not all bailouts have the same circumstances and conditions according to the writers. - 123RF Photo

Scott Morrison's conservative government is struggling to woo Australia's 17 million voters, lagging behind the opposition Labor party in a string of opinion polls despite presiding over a rebounding economy with a 13-year-low jobless rate of four percent.

The Malaysian economy had performed remarkably well for the past two and a half years despite the Covid-19 pandemic. - 123RF Photo

Ikhlas Capital chairman and co-founder Tan Sri Mohamed Nazir Abdul Razak said the issue on price hikes was inevitable and happened in many countries, including the United Kingdom.

Sabah Youth and Sports Minister Datuk Ellron Angin (four from left) receives a souvenir from Sabah EPF branch head Sabarudin @ Sabree Hassan during a courtesy call at the ministry at Wisma Muis, Kota Kinabalu.

Friends of murdered Saudi journalist Jamal Khashoggi hold posters bearing his picture as they attend an event marking the second-year anniversary of his assassination in front of Saudi Arabia Istanbul Consulate, on Oct 2, 2020. - AFP

WAF

Protestors take part in a demonstration against the surge of prices and shortage of fuel and other essential commodities at the entrance of the president's office in Colombo on April 4, 2022. - AFP

Economic expert from Universiti Putra Malaysia (UPM) Putra Business School Associate Professor Dr Ahmed Razman Abdul Latiff said the country’s economic growth is expected to increase by three per cent in the next round of special withdrawals from the EPF, only if contributors spent it on basic needs.

Malaysian economy will be driven by recovery in domestic demand and expansion in exports, World Bank report says.