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About Syafikah Efa

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So far Syafikah Efa has created 46 blog entries.

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

What does Budget 2021 mean for you business?

  Peace is not merely the absence of war any more than normalcy is the absence of crisis. The real currency in the face of crisis is resilience, defined as the effective capacity to be impacted by a crisis and survive in a sustainable manner well into the future. It is no wonder that the current Minister of Finance, Tengku Zafrul Tengku Abdul Aziz, chose “Resilient as One, Together we Triumph” as the theme of his maiden budget to give credence to the gravity of the task at hand, coupled with a catchy “6R approach of Resolve, Resilience, Restart, Recovery, Revitalise and Reform”. The question is, will the recent budget tick all the boxes and set a strategic direction for the economy to grow, while empowering those who will lead the economic recovery and assisting those hit hardest by the crisis? Internet connectivity Stakeholder engagement is a key component of [...]

What does Budget 2021 mean for you business?2020-11-20T11:44:09+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
 
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