No Smooth Sailing for the Second Half of 2016

By Lim Kim-Hwa

July 2016 PENANG ECONOMIC INDICATOR
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Lower commodity prices, capital outflow, slowdown in external demand and China-related financial volatility increased uncertainties in the local economy in the first half of the year. These external factors are likely to continue to dominate economic performance in Malaysia.More Jobs in the MarketHiring activity recorded a steep improvement in the first three months of 2016. The Monster Employment Index, generated by global online employment solution Monster.com, saw regained momentum in March 2016 after shrinking for the previous five months. Despite...

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PM
Lim Kim-Hwa

is Chief Executive Officer of Penang Institute


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