Saizal Pinjaman

• Doctor of Philosophy
• Senior Lecturer at Universiti of Malaysia Sabah

The great reset of the economic is one of the methods for Malaysia after the crisis of Covid-19 and to boost economic growth again. Meanwhile, Malaysia transitioned to a managed float system, allowing the ringgit to fluctuate based on market conditions. Despite periods of volatility, the economy has demonstrated resilience, supported by prudent mon...

This study examines the heterogeneous effects of macroeconomic variables on tourism receipts across income tiers in Organization of Islamic Cooperation (OIC) countries, addressing a critical gap in tourism economics literature. Employing a panel quantile regression approach on data from 34 OIC countries (1995–2020), the research analyzes how exchan...

This study aims to examine the threshold effect of inflation on stock prices in the Malaysian plantation sector. This study used earnings per share (EPS) and return on equity (ROE) as proxies for microeconomic variables, and inflation (INF which proxies for the consumer price index) as a proxy for macroeconomic variables. A panel dataset covering 3...

The economy of Asian is suffering from many economic problems like as according to Asian Development Bank twenty years ago Asia has faced many economic problems for example in 1997 Asian Financial Crisis, in 2008 universal financial crisis, 2009 European debt crisis and currently unprecedented negative interest rate policy on the other hand social...

The emergence of digital technology has help business to grow, thrive, innovate and resolve obstacles in sustaining their operation development. The Malaysian Government has been proactive in implementing various initiatives to embrace digital transformation across different sectors. To extend the knowledge within the literature, this book chapter...

This study aims to examine the relationship between microeconomic, sentiment, and macroeconomic variables across three quantiles (q25, q50, and q75) of stock prices in the Malaysian plantation sector. This study used Earnings per share (EPS) and return on equity (ROE) as the proxy for microeconomic variables, consumer sentiment index (CSI), and bus...

This paper examines the relationship between renewable energy (RE) generation, economic factors, infrastructure, and governance quality in ASEAN countries. Based on the Fixed Effects regression model on panel data spanning the years 2002–2021, results demonstrate that domestic capital investment, foreign direct investment, governance effectiveness,...

Research Originality: This research is an initial attempt to unveil the structure of the dynamic relationship between commodity prices and the economic growth of Malaysia at various frequencies and moments in time.Research Objectives: This paper investigates the co-movement and lead-lag relationship between commodity prices and the economic growth...

In the past, Sabah has often been reported as Malaysia’s poorest state, with the recorded highest incidence of absolute poverty among all the other states. The consumption patterns of households in Sabah have been significantly impacted by such circumstances. This further draws light on the adverse impact on the broader economy, as low levels of sp...

Objective – The current paper investigates the relationship between macroeconomic factors and tourism demand for OIC countries. Methodology – The current paper employed the panel quantile regression analysis to assess the relationship. Findings – It is demonstrated that the impact of macroeconomic factors on tourism receipts is heterogeneous depend...

The current paper investigates the relationship between macroeconomic factors and tourism receipts for OIC countries. Based on the panel quantile regression analysis conducted, it is demonstrated that the impact of macroeconomic factors on tourism receipts is heterogeneous depending on the levels of tourism spending towards the OIC host countries....

The aim of the research was to investigate the impact of financial technology on the financial performance of commercial banks. in China. Based on previous literature review and empirical evidence this study collects the annual financial data on local banks in China. A total of 23 commercial banks were used as sample of the study. The annual data r...

The circular economy (CE) is a sustainable development model that creates a more dynamic market environment for organizations. It enables the enhancement of organizations' contributions to sustainable production and consumption. The transition from a linear economy to a circular economy advocated environmental sustainability by promoting green sust...

The Asia-Pacific region has recorded the sharpest increase in human development progress globally and has seen shrinking gaps in basic standards and capabilities. However, inequalities around technology remain a cause for concern for the region, especially when countries with lower human development reportedly have limited access to technologies co...

The first concerns a matter of theory the Phillips curve show the trade-off relationship between the inflation and unemployment rates. Hence, this study aims to estimate threshold effects using the threshold autoregressive model proposed by Hansen (2000). In the context of Malaysia, we employed the monthly data from 2015 to 2022 to address the rela...

Information and communication technology (ICT) plays an increasingly important role in driving economic growth and sustainability. Asia, being the most heterogenous region in terms of ICT development, consist of both most connected and least connected countries based on the global ICT Development Index 2017. Therefore, this study investigates the i...

Social media marketing has become very important in this era of social media for many scholars from various fields of study to investigate its effectiveness, as well as for marketers aiming to implement an effective marketing plan. However, there are few studies in the services literature, particularly in the Sabah tourism context, that have invest...

The current paper investigates the influence of demography, geographical constraints, and land regulation on house price in Malaysia based on the developers’ perspective. A survey questionnaire was distributed among the real estate developers in the country and for the demographical factors, population growth, income, standard of living, and househ...

The current paper investigates the relationship between macroeconomic factors and tourism demand for nine selected ASEAN countries. Based on the panel data analysis, it is identified that income is positively related to tourism demand where an increase in the level of income for ASEAN leads to higher tourist arrival to the region. The income is als...

Pursuing higher education abroad is a golden opportunity for any student’s personal development; however, international students’ cross-cultural adjustment (CCA) can be onerous in a foreign country. The purpose of this study is to empirically examine the roles of perceived lecturer support and host country national (HCN) support in international st...

This paper attempts to investigate the energy consumption and trade openness by taking into consideration the economic growth among associations within countries of Asia. The database was constructed and restricted to a sub-region area in southeast Asia well knows as Brunei, Indonesia, Malaysia, and the Philippines or BIMP-EAGA. The initiative, est...

The objective of this research is to investigate the impact of export, foreign direct investment, and gross domestic product on graduate employability in Malaysia based on the data from 1984 to 2017. The long-run relationship between the variables is analysed using the cointegration analysis and it is demonstrated that the macroeconomic factors are...

Digital inclusion has now become not only a matter of technological adoption, but the ability to use technologies where individuals are to possess necessary skills to make effective use of digital technologies. In this regard, digital literacy is seen as a crucial enabler for individuals to take advantage of digital opportunities as well as to enga...

The current paper investigates the relationship between macroeconomic factors and tourism demand for nine selected ASEAN countries. Based on the panel data analysis, it is identified that income is positively related to tourism demand where an increase in the level of income for ASEAN leads to higher tourist arrival to the region. The income is als...

House prices in Malaysia are considered to be seriously unaffordable as the median all-house price is relatively higher than the annual median income. Although the issue of house prices is prevalent in the country, few studies have been done to determine factors that influence its movement. The current paper, therefore, attempts to investigate the...

This study investigates the interaction between exchange rates and stock prices, both in mean and variance, in Malaysia, Indonesia, and Singapore. Using monthly data from January 1994 to September 2011 and several econometric techniques such as the Saikkonen-Lutkepohl unit root test with structural breaks, the Johansen co-integration test with stru...

Abstract: This study investigates on the impact of GDP on services sector towards oil and gas prices. This study takes account three types of energy prices, namely Brent Crude, Natural Gas and LNG, and explore the impact of these energies on the services subsectors that was ranked as the higest contibuter for Malaysia’s Gross Domestic Products (GDP...

The relationship between military expenditure and economic growth has attract ample interest among economists as well as policy makers. The importance of expanding defence expenditure is substantially to coincide with national security and defence. The purpose of this study is to explore the impact of military expenditure on economic growth in Mala...

The current paper investigates the relationship between government stability and foreign direct investment for nine selected ASEAN countries. Based on the panel data analysis, it is identified that political stability, government effectiveness, and control of corruption are significant in explaining foreign direct investment while regulatory qualit...

This paper analyzes the impact of selected macroeconomic factors, namely Gross Domestic Product, exchange rate, interest rate, inflation rate, money supply, economic crisis and economic liberalization towards stock returns volatility of four economic sectors in Malaysia. In this paper, the dynamic stock returns volatility estimation shows that stoc...

The purpose of this study is to investigate the relationship between energy consumption, trade openness and economic growth. Data for this study was restricted to a sub-region area in southeast asia well known as the BIMP-EAGA or Brunei, Indonesia, Malaysia, and the Philippines-East Asean Growth Area. The initiative which was established in 1994 ai...

There are a number of research that have analysed the impact of financial liberalisation and macroeconomic factors on stock returns volatility. However, the results have been somewhat mixed. In the case of Malaysia, the current research estimates volatility using an EGARCH model where risk factors of stock returns are defined based on CAPM. Using d...

ABSTRAK Dalam beberapa dekad kebelakangan, banyak negara aktif dalam membuka pasaran kewangan masing-masing kepada pelabur luar dengan mengurangkan kawalan transaksi modal secara beransur-ansur. Namun adakah liberalisasi kewangan memberikan kesan yang baik kepada volatiliti ekonomi ataupun sebaliknya? Tidak ada persepakatan diantara ahli ekonomi da...