Is Malaysia Losing Its Middle Class?
Calvin Cheng, Analyst in the Economics Programme, Institute of Strategic and International Studies (ISIS) Malaysia
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Prolonged lockdowns and an economy in neutral have sent more than 600,000 households from the M40 income group into the bottom B40 category.
Calvin Cheng, Analyst in the Economics Program, Institute of Strategic and International Studies (ISIS) Malaysia, discusses what's at stake.
Image Credit: Shutterstock.com
Produced by: Sim Wie Boon
Presented by: Khoo Hsu Chuang, Wong Shou Ning, Shazana Mokhtar
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Categories: Business Analysis, Trends and Forecasts, Markets, Personal Finance, Investments, Financial Literacy, Young Finance, Politics, Social Issues, law & legal matters
Tags: covid-19, vaccine, pandemic, lockdown, M40, B40, T20, middle class, income,