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The end of the blanket loan moratorium in September has triggered concern that people whose income is still suppressed as a result of the pandemic will not be able to service their loans. Although there is a targeted loan moratorium in place, the National Union of Bank Employees is calling for the government to reinstate the blanket moratorium for …
 
With Prime Minister Tan Sri Muhyiddin Yassin's majority in the Dewan Rakyat in doubt and a flood of no-confidence motions, all eyes are now set on the upcoming parliamentary session beginning November 2nd. Will these motions see the light of day on the parliament floor or be buried under government business? We also get into the importance of Budge…
 
What will be the fate of the beleaguered Malaysia Airlines? Khazanah, the national carrier’s sole shareholder, could inject funds into its sister airline Firefly, which would subsequently become the national airline.Reports suggest this could become a reality if the current debt restructuring plan fails. So for on the implications of this, we get a…
 
The Khazanah Research Institute’s State of Households 2020 report has highlighted a concerning trend of rising living costs, insufficient social security systems and a fast-growing wealth divide, even as the pandemic and socio-political issues further threaten policies to mitigate these challenges. Adam Firouz, Research Associate at the Khazanah Re…
 
Food security has long been a problem, but COVID-19 has raised the urgency to address it even more. While the stereotypical image of food insecurity is one of famine and hunger, the pandemic has also exacerbated a lack of access to food due to economic poverty. On the event of World Food Day, we discuss with David Dawe of the Food Agricultural Orga…
 
With the Klang Valley, Selangor and Putrajaya under a conditional movement control order for 2 weeks till 27 October , what will the impact be on the Malaysian economy especially since this area is 40% of the country's GDP? Wellian Wiranto, Economist at OCBC Bank weighs in on his views while giving us a preview of Budget 2021. Image credit: Abdul R…
 
China's Foreign Minister Wang Yi is on a charm offensive in Southeast Asia at a time when the pandemic savages the region's economies and its biggest rival, America, faces a period of uncertainty with its polls.Dr. Ngeow Chow Bing, Director of the Institute for China Studies at University Malaya, explains what this means for Malaysia and the region…
 
Dato’ Seri Anwar Ibrahim finally had an audience with the Yang di-Pertuan Agong yesterday morning, 3 weeks after he first announced that he had the support of a “convincing majority” of MPs. However his bid to become the Prime Minister of Malaysia is far from certain as after the press conference, it was revealed that the Agong would be meeting wit…
 
Apple had a big launch overnight as the entered the 5G fray with 4 new iPhones. The focus was the flagship iPhone 12, which will start at a whopping $829 dollars.Apple has generated relatively little sales growth from its iPhone in recent years since consumers are holding onto their phones for longer.But many are expecting this launch to spur a maj…
 
The Conditional Movement Control Order (CMCO) in Selangor, Kuala Lumpur and Putrajaya has started and will be on until 27th October. When first announced, there was confusion especially for the food and beverage industry. Jennifer Ong, Founder and CEO of HAPA Group tells us what issues this industry faces and will these new SOPs affect their busine…
 
Yesterday evening, the government announced that it would be reimposing the Conditional Movement Control Order in Selangor, Putrajaya, and KL due to the recent spike in Covid-19 infections. The announcement comes at a time when consumers were just becoming more confident about emerging from their homes, so we're tackling the question of how this ne…
 
With an economy heavily dependent on tourism contributing as much as 15% to GDP, what are the implications to the economy when visitor arrivals are only estimated at 9 million compared to 40 million in 2019. Marcus Wong, Emerging Market Macro Strategist at Bloomberg Editorial tells us how negatively impacted the Thai economy will be but what fiscal…
 
The Institute of Democracy and Economic Affairs has made the case that the government should ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, better known as the CPTPP. The think tank argues that Malaysia's GDP could be boosted by as much as 1% if the government ratifies the deal- So we reached out to Tricia Yeoh, C…
 
After seeing a spike in Covid-19 cases across the country, the government imposed a two week conditional movement control order (MCO) in various areas in Klang from 9th October until 23rd October. However, those living in the area were left confused with the directives and the last minute implementation, and have since received little clarity. For …
 
With the US election impending, how much impact will it have on Asian equities and does it matter who wins the Presidential elections? Lorraine Tan, Regional Director of Equity Research in Asia, Morningstar tells us who are the sectoral winners in the last quarter of the year and what other risks are on the horizon. Image Credit: Shutterstock.com…
 
Despite the state elections being over, Sabah continues to throw up new political surprises. The appointment of PAS State Secretary Ali-akbar Gulasan to the legislature has been met with objections from other parties in the Gabungan Rakyat Sabah coalition. For some analysis on these developments we speak to James Chin, Professor of Asian Studies at…
 
In the past week, Malaysia's daily new cases of Covid-19 have hovered consistently in the three digits, a worrying surge from the single digit reporting we were seeing a month ago. However, Prime Minister Tan Sri Muhyiddin Yassin has stressed that a second nationwide lockdown would be costly. So, to get a sense of whether we could afford a second M…
 
Following the passing of former law minister Datuk Liew Vui Keong, Malaysians are faced with yet another by-election in Batu Sapi, Sabah. But after Covid-19 cases rose dramatically in the wake of the Sabah state elections, are we ready for more polls? To find out, we speak to Thomas Fann, Chairperson of election watchdog Bersih 2.0, for thoughts on…
 
Prime Minister Tan Sri Muhyiddin Yassin is undergoing a 14-day home quarantine and has assured that he will continue to perform his duties. It does however raise questions about succession planning as it is unprecedented that Malaysia does not have a designated Deputy Prime Minister. Lim Wei Jiet, constitutional lawyer discusses the constitutional …
 
Workers in Indonesia are protesting against the major omnibus bill that was passed on Monday to amend 73 laws. They argue that those wide sweeping changes violate worker rights and relax environmental protection. Bharat Joshi, Investment Director, Aberdeen Standard Investments discusses the merits of the bill, its timing and his outlook for equitie…
 
Local university students were left stranded when they could not attend orientation due to a last minute order to close universities. Dr Sharifah Munirah Alatas, Senior lecturer in Strategic Studies and International Relations of Universiti Kebangsaan Malaysia, shares her views on how the situation could have been saved. Image Credit: Shutterstock…
 
In the wake of the Sabah state elections, eyes are now on neighbouring state Sarawak, to see when they will decide to go to the polls. How will the Sarawak state government balance the fragility of its coalition against Covid-19 concerns? Dr. Arnold Puyok, Political Analyst at Universiti Malaysia Sarawak, weighs in. Image credit: Hazreen Mohd / Shu…
 
With the collapse of global travel demand amidst Covid-19, the aviation industry has come to a grinding halt. The International Air Transport Association does not expect air travel to return to pre-Covid levels until 2024- it therefore was surprising when Bloomberg reported that the founders of Lion Air are planning to start a new airline. So, for …
 
Malaysia's Covid-19 new cases are back in the triple digits, with Sabah and Kedah now leading the country in numbers of infections. The Morning Run team discusses sustaining our healthcare system, internet backlash against politicians perceived to have spread the virus, and the sudden decision to postpone this semester's student intake at universit…
 
Prime Minister Tan Sri Muhyiddin Yassin has said that the Shared Prosperity Vision will continue to take shape under his administration, with the aim to provide a decent standard of living to all Malaysians in 10 years time. Firdaos Rosli, Director of Economics, Trade and Regional Integration at the Institute of Strategic and International Studies …
 
The Beijing Auto Show is the first industry event to take place since the pandemic hit. This is where big Western companies like Ford and Volkswagen, as well as their Chinese rivals, showcase all the latest and greatest of what they have in store. But will there be enough demand out of China to support to auto industry? We speak to Bill Russo about…
 
Physical distancing measures have forced people and companies around the world to turn to technology, in order to keep the gears turning. But with the spotlight now on digital transformation and the necessity of digitisation initiatives, how competitive are we as a country, compared to the rest of the world? We speak to Christos Cabolis, Chief Econ…
 
With the blanket loan moratorium having come to an end in September, how are businesses faring? Koong Lin Loong, SME Chairman of The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) tells how his 100,000 members are faring and whether more help is required for them. He also tells us which sectors in particular are facing ch…
 
The first presidential debate between Donald Trump and Joe Biden took place yesterday, and it was anything but presidential. Globally, the debate has been labeled a joke, with observers calling it “another sign of the degradation of the American democracy”. And Americans were left disappointed with what they’re calling “the worst debate in history”…
 
The Secretary General of the Ministry of Environment and Water, Datuk Seri Zaini Ujang recently remarked that the government would update the Environmental Quality Act 1974 to include climate change and sustainability policies. One such policy that being mooted is a carbon tax on emissions, which has been adopted by several countries around the wor…
 
The government has recently launched a career advancement programme under the national economic recovery plan, Penjana. The programme has the aim of providing young graduates with more marketable skills. But how effective is this and what more needs to be done? We take stock of the state of unemployment in Malaysia and the measures taken to curb it…
 
The World Bank has revised Malaysia’s 2020 GDP forecast to a contraction of 4.9% from the previously estimated 3.1% decline following the country's sharper-than-expected GDP contraction in Q2 due to the pandemic. However, despite the revision, Malaysia seems to be on track for recovery and will likely see growth in Q4 or 2021. We speak to World Ban…
 
Sabah’s Bersatu Chief Datuk Hajiji Mohd Noor was unanimously elected by the Gabungan Rakyat Sabah alliance yesterday as the new Chief Minister of Sabah. Dr Oh Ei Sun, Senior Fellow at the Singapore Institute of International Affairs gives a glimpse of what to expect of his leadership. He also gives us his views on the dynamics between Bersatu and U…
 
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