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Is Malaysia Losing Its Middle Class?

Calvin Cheng, Analyst in the Economics Programme, Institute of Strategic and International Studies (ISIS) Malaysia

22-Jun-21 08:30

Is Malaysia Losing Its Middle Class?

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 AnalysisTrends and ForecastsMarketsPersonal FinanceInvestmentsFinancial LiteracyYoung FinancePoliticsSocial Issueslaw & legal matters

Tags:  covid-19vaccinepandemiclockdownM40B40T20middle classincome


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