More Uncertainties And A New Global Landscape Requires New Forecasting Models, Says Tun Dr Mahathir Mohamad At Perdana Leadership Foundation’s 2022 CEO Forum

KUALA LUMPUR, Nov 4 (Bernama) — At the Closing Session of Perdana Leadership Foundation’s (PLF) CEO Forum on 1st November 2022, former Prime Minister Tun Dr Mahathir Mohamad shared his thoughts on “What Does the Future Hold for Malaysia?” and said that, “We live in a time of great uncertainty but high connectivity. Through trade, banking, and travel, we are more connected to one another than ever before. This is good in many ways but it also makes it more likely that events in one part of the world will have bigger repercussions on the rest of the world…For businesses and even governments, it means longer-term projections and forecasting models may no longer be useful as they will be less accurate. Because of our connectedness with each other, the causes and consequences of events have become more complex and more widespread.”

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