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Malaysia Economy Outlook After Coronavirus 2020

Master SOON

  1. Almost all economic sectors and businesses would be allowed to reopen subject to strict conditions in what is termed a conditional movement control order (CMCO) come May 04, Malaysia Prime Minister Tan Sri Muhyiddin Yassin said.
  2. Malaysia government has been suffering RM2.4 billion in losses daily during the movement control order (MCO), adding that the losses to date are estimated at RM63 billion, which has dealt a significant blow to the nation’s economy
  3. Malaysian economist Nungsari Ahmad Radhi said that new focus of Malaysia economy during post-movement control order (MCO) are
    1. Manufacturing Sector
    2. Food Agriculture (Agri-food) Sector
  4. He also said that some of existing sectors are no longer vibrant in securing labour demands, which are :
    1. Commodities  related Plantations
    2. Tourism related Services
    3. Oil & Gas
  5.  These 3 are among the economic backbones for Malaysia, simply means that Malaysia economy is NOT in good terms after coronavirus.
  6. In short, Malaysia economy now is supported by Manufacturing Sector alone, but not really Food Agriculture (Agri-food) Sector which is less emphasized  and not in Top priority of Malaysia Economic Master Plan so far (but suddenly becoming popular due to Lockdown / Coronavirus pandemic).
  7. While economist perspective is quite similar with what suggested by Chinese Metaphysics ; but a little bit added information.
  9. According to Dao De Jing 道德经 Chapter 40, phase 1 : 反者道之动。The movement / evolution /progression / dynamism / transplanting of Dao (ultimate truth) returns / restores / reverses / rebounds  things / situation /setting /direction / framework.
    1. The Movement Control Order(MCO) redirects / reverts /regresses / recreates Malaysia economy to its originality / resourcefulness / capacity ……
    2. It means MCO / Coronavirus making Malaysia to look back to its resourceful agriculture sector which has been underestimated / ignored for many decades.
    3. Phase 1 also warns that do not over joyful or over confident to manufacturing sector, because
      1. it is export oriented sector; where the whole world is stagnant still due to coronavirus.
      2. and, Malaysia does NOT provide the cheapest labour wages with educated /skilled workers as India, Vietnam & Thailand  are competently competitive.
      3. It means manufacturing sector is NOT FOREVER Green in Malaysia.
  10. According to Dao De Jing 道德经 Chapter 40, phase 2 弱者道之用。  And weakness / weaker / marks the course Of Dao’s mighty deeds / performance.
    1. Vietnam, Thailand, Cambodia & India which are being perceived by Malaysia as weaker economically so far, will pose drastic competition to Malaysia in term of attracting foreign investments / funds which are moving away from China.
    2. Phase 2 warns that Malaysia should seriously look into how
      1. to secure current export oriented manufacturing(mainly electronics) against competition from India where wages are much lower with highly educated workforce.
      2. to explore /research into agri-food sector for self-sufficient economy
  11. As Yijing 易经 numerology for Year 2020 as below :
    1. 2+0+2+0 = 4 , East Direction
      1. Eastern Sphere from Kuala Lumpur(KL) include Vietnam, Cambodia，the Philipines &  South China Sea, Japan, Korea & Taiwan & US.
      2. While hoping that Multinational Corporations(MNC) of Korea / Japan / US may move away from China &  flow into Malaysia, but it could be reversingly channelled to Vietnam, the Philippines or even Cambodia & India(explain later on).
      3.  East of KL is no longer auspicious to Malaysia Destiny. The hegemonic political control from Putrajaya on East Malaysia(Sabah & Sarawak) is no longer as powerful as before.
      4. China will march further into South China Sea which is right in between East & West Malaysia.
    2. 2 is the dominant digit in 2020, 2 means WEST.
      1. Western Sphere from Kuala Lumpur(KL) include India, Bangladesh & Myanmar.
      2. Rohingya refugees will continue be a socio-economic burden to Malaysia.
      3. The economic gap between Malaysia Vs India & Myanmar is getting closer.
      4. India may overtake Malaysia economically in the long run.
  12. If Malaysia continues sticking to glorious sectors  in the past like manufacturing, commodity plantation, oil & gas, tourism & property with gradual declining education level / quality with only 32 millions population; Malaysia economy could be in big challenge in very near future, when Vietnam and India rise soon.
  13. While Malaysia economist warns about the immediate economic outcomes after Coronavirus 2020, Chinese metaphysics has an alternative view that Malaysia should be seriously look into revamping
    1. Health Care Sector (diversification instead of relying on Indonesia patients)
    2. Education Sector (quality)
    3. Food – Farming – Agriculture
    4. Competitiveness in term of Foreign Fund Inflow
    5. The challenges due to the rise of India & Vietnam(in particular) & Indo-China(in general)

 

 

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