Poverty levels in East Malaysia are the highest in the country which has been made worse by the economic scarring caused by Covid-19. We ask Dr. Dayang Affizzah Awang Marikan, Associate Professor at the Faculty of Economics and Business in Universiti Malaysia Sarawak what the government priorities should be in terms of economic policy when it comes to Budget 2020 and the 12th Malaysia Plan.



Image credit: Shutterstock.com

Poverty levels in East Malaysia are the highest in the country which has been made worse by the economic scarring caused by Covid-19. We ask Dr. Dayang Affizzah Awang Marikan, Associate Professor at the Faculty of Economics and Business in Universiti Malaysia Sarawak what the government priorities should be in terms of economic policy when it comes to Budget 2020 and the 12th Malaysia Plan.

Image credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Morning Brief

Repairing The Disparity In East Malaysia

The US and Venezuela have struck a sweeping oil agreement that could eventually unlock greater access to some of the world’s largest crude reserves, while Caracas is reportedly considering leaving OPEC. The developments come as renewed US-Iran hostilities are once again threatening global energy supplies and pushing oil-market risks higher. Could Venezuelan production ultimately help contain prices, what would an OPEC exit mean for the producers’ group, and is Brent crude once again heading towards US$100 a barrel?

The US and Venezuela have struck a sweeping oil agreement that could eventually unlock greater access to some of the world’s largest crude reserves, while Caracas is reportedly considering leaving OPEC. The developments come as renewed US-Iran hostilities are once again threatening global energy supplies and pushing oil-market risks higher. Could Venezuelan production ultimately help contain prices, what would an OPEC exit mean for the producers’ group, and is Brent crude once again heading towards US$100 a barrel?

Is Venezuela About to Reshape Oil Markets?

Transboundary haze has returned to Sarawak, and businesses say the recurring pollution is increasingly taking an economic toll, forcing some SMEs to scale back operations while adding to health and operating costs. The SME Association of Sarawak is now calling for compensation and stronger action against those responsible for the fires behind the smoke. But how should losses be calculated, who should ultimately be held accountable, and what would it take to finally break the region’s recurring cycle of haze?



Image Credit: Shutterstock

Transboundary haze has returned to Sarawak, and businesses say the recurring pollution is increasingly taking an economic toll, forcing some SMEs to scale back operations while adding to health and operating costs. The SME Association of Sarawak is now calling for compensation and stronger action against those responsible for the fires behind the smoke. But how should losses be calculated, who should ultimately be held accountable, and what would it take to finally break the region’s recurring cycle of haze?Image Credit: Shutterstock

Who Should Pay for Sarawak’s Haze?

Market volatility, geopolitical uncertainty and changing interest rates are reshaping how affluent Malaysians think about their money, with greater emphasis on diversification, resilience and preserving wealth rather than simply maximising returns. Younger investors are also bringing different expectations around technology, AI and sustainable wealth creation, while families face increasingly important questions about succession. How is wealth management evolving, and are Malaysians doing enough to prepare for the transfer of wealth between generations?

Click here to find out more about CIMB Private Wealth.

Market volatility, geopolitical uncertainty and changing interest rates are reshaping how affluent Malaysians think about their money, with greater emphasis on diversification, resilience and preserving wealth rather than simply maximising returns. Younger investors are also bringing different expectations around technology, AI and sustainable wealth creation, while families face increasingly important questions about succession. How is wealth management evolving, and are Malaysians doing enough to prepare for the transfer of wealth between generations?Click <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.cimbprivatewealth.com.my/en/home.html?cid=a1:pv_a2:segment_a3:pwbfm26_a4:220726_a5:afl_a6:sptfy_a7:v1_a8:ian">here</a> to find out more about CIMB Private Wealth.

Repairing The Disparity In East Malaysia

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