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A critical approach for a successful MCO 2.0

  Even before the announcement by Prime Minister Tan Sri Muhyiddin Yassin of the new measures that the government would take to curb the rapid spread of COVID-19 in the community, the term “MCO 2.0” was trending on social media. With some knowledge of what to expect, individuals and businesses alike should seek out the opportunities during this crisis – the proverbial silver lining that comes with solving problems for consumers during challenging times. Moving forward, what are the strategies that will grow the economy during this critical time of disruption? To understand this there is a need to look at the recent lessons learnt from “MCO 1.0”, which turned out to be a good teacher. Hindsight is 2020 and last year is purpose fit for the task. In the first few days of the MCO 1.0, it was clear that the strategic approach driving the overall thinking was that [...]

A critical approach for a successful MCO 2.02021-02-08T11:08:24+08:00

With change comes opportunity

  President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46 th president of the United State of America, it signalled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that was later bathed in brilliant sunshine. A hopeful metaphor of what promises to be a presidency at the confluence of multiple crises both domestic and abroad. The pageantry of procession that was inauguration day will be fast replaced by the stark reality that are the challenges faced by the nation.  If only to understand Malaysia’s 5 th largest investor and 3rd largest trading partner better, Malaysian companies need to understand the priorities of the current President of the United States. While it’s unlikely that there will be immediate benefits to Malaysian business from the change in the White House, over the course of the next 4 [...]

With change comes opportunity2021-02-05T13:40:08+08:00

RCEP a stride towards regional resilience

  The post COVID19 global economy is going to be more about critical supply chains and securing resources that will fuel economic growth.  While some countries are cautiously considering what life looks like beyond the health crisis created by a pandemic that has cost many lives, in all estimations the economic fallout will be felt for years to come. The recent signing of the Regional Comprehensive Economic Partnership Agreement (RCEP) will go a long way in establishing both a framework for cooperation and a spark of hope for an earlier economic recovery. Looking to the future, strategic onshore production will also increase as many countries who were caught off guard by their inability to secure products during the early months of the pandemic will not forget the question marks raised around resilience for critical materials especially in the food, agriculture and healthcare sectors.  This will require significant investments and technical [...]

RCEP a stride towards regional resilience2021-02-08T11:02:33+08:00

COVID-19 Critical Minerals Strategy – Policy Insights

  Since the COVID19 outbreak, many industry players in Malaysia have taken a hit, with the government forced to come up with an economic stimulus package that will be announced on Feb 27, to mitigate the impact.  Malaysian Media recently asked Nordin Abdullah the following question. How do you think the government can best come up with something sustainable, what in your opinion should be included in the stimulus package? The is an opportunity in the wake of the COVID19 crisis to change strategy and policy for governments and the corporate sector alike, and to look at not just trying to survive the fallout of the COVID19 Outbreak. 2019 MEF predicted 30,000 to 40,000 lay-offs, and it really happened. Experts say we’re looking at a possible 100,000 retrenchment nationwide.  This may happen, some sectors will be hit harder than others. Yet there are sectors that will do well and are [...]

COVID-19 Critical Minerals Strategy – Policy Insights2022-02-03T10:48:02+08:00

Strategic Production Zones – Rapid Response to COVID19

  The recent announcement that a committee jointly chaired by senior ministers in charge of security and economy clusters respectively demonstrates that the Malaysian government is serious about creating a balance between continued safety of the general population and the survival of the economy. In the global context, as many countries struggle to deal with the medical response to COVID19 this step represents a broader and indeed a rapid response to the COVID19 crisis.  The clearly stated objective of this new committee is to balance the medical risks and rewards of increased production during the current situation. This rapid response is testimony to Malaysia’s currently rank of 12th in World Bank Doing Business 2020 report. From the perspective of crisis management all scenarios need to be taken into consideration.  This includes the scenario that a prolonged crisis becomes the new reality that people and companies must be able to function [...]

Strategic Production Zones – Rapid Response to COVID192020-11-09T14:46:43+08:00
 
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