China – Jan-Apr Fixed Asset Investment
15/05/2019 01:13 pm MYT
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In Apr, fixed asset investment (excluding rural households) rose 0.45%, month-on-month. For the first 4 months of 2019, it rose by 6.1%, down 0.2 percentage points from Jan-Mar 2019 – see figure 1. Public investment grew 7.8% in Jan-Apr 2019, while that of private investment rose 5.5%. The strong growth in public investment was due to larger and faster infrastructure investment.

 

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Even four months after the Covid-19 pandemic broke out, scientists still do not fully understand the mysterious coronavirus - hence, no cure is in sight. Although an increasing number of countries are relaxing restrictions and reopening their economies, with the threat of the SARS-CoV-2 virus still grave and present, most businesses cannot operate normally and some remain closed. As a result, the retrenchment wave has started, with the SME Association of Malaysia reporting that some companies have already retrenched a third of their staff, with more retrenchments on the way. Meanwhile, the Malaysian Employers Federation, the country’s biggest federation of employers, warned that more than 2 mln people may lose their jobs after Raya.

These are scary numbers with serious repercussions. How does one manoeuvre during this very challenging time? Capital Dynamics invites you to join Tan Teng Boo and team in a lively online discussion on 30 May. Please visit https://specialwebinar.icapital.biz/ to find out how you can participate.
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