As the dust settles on Malaysia’s new political alignment, it is helpful to take stock of the changes that have occurred. Perikatan Nasional (PN) assumed power following the collapse of the Pakatan Harapan (PH) government, and absorbed over a quarter of its MPs. With their...
COVID-19 Outbreak More Stimulus Packages Announced (25, 28 Feb) The government of Indonesian President Joko Widodo “Jokowi” released the details of a US$742.6 million COVID-19 stimulus package on 25 February. To boost tourism, the budget included measures such as providing airlines and travel agencies with financial...
Regional economies are expected to take hard knocks from the ongoing COVID-19 Outbreak, and many governments have revised their initial growth forecasts for 2020. Some governments, particularly those in Singapore, Malaysia and Indonesia, have gone further to come up with stimulus packages to give their...
The COVID-19 outbreak has conjured memories of the 2003 SARS crisis. However, the economic contexts in which the outbreaks occurred are significantly different, particularly with China occupying a more central role in the global economy in the case of COVID-19. The global economy bounced back...
By Oh Ei Sun For Channel NewsAsia Many Malaysians were caught by surprise when Muhyiddin Yassin, a leader who had hitherto taken a backseat to more charismatic and vocal leaders such as long-time Prime Minister Mahathir Mohamad and anointed successor Anwar Ibrahim, rose to assume the country’s top role...