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A Retreat to Nasi Lemak

“A retreat to Nasi Lemak” is defined as an economic phenomenon which see someone lose their job and in response “retreats” to making nasi lemak in the interim, as a way to generate income.  Another aspect in this phenomenon, sees another individual lose their job and instead of dining out at a restaurant near the office picks up cheaper nasi lemak near the house.  The velocity of money still continues just a lower level and within the cultural tapestry that is nasi lemak. This snapshot of the grey economy keeps many people from falling below the poverty line, but it is hard to measure its full contribution to gross domestic product (GDP).  Of late there have been too many stories of highly skilled professionals in this position; while heart-warming it is not the best return on investment for those trained to operate in the global knowledge economy.  And from the [...]

A Retreat to Nasi Lemak2021-06-16T15:21:57+08:00

The State of Investment

  The business community needs to look at the fact that with increased risk, investors will simply look to have increased rewards, and to focus on those opportunities that deliver these results for investors, this will yield the best results for investment promotion. The question is can productivity reach above and beyond the levels of risk presented by the current situation? The model foreign investor brings jobs, increase exports and much needed tax revenues, contributes to society, and transfers technology and expertise. Before all of this happens, those companies with global supply chains and international market share are able to spend considerable resources on due diligence and market intelligence. This process enables investment committees to see through the first layer of information available in the media.  The question is: what are they finding beyond the media hype? Do current investment opportunities pass the cost benefit analysis required to press the [...]

The State of Investment2021-02-11T16:57:14+08:00

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
 
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