Terence Gomez is embarking on a massive project investigating quantitatively the influence of government-linked companies in the Malaysian economy. The dominance of government in business and in the economy is no mystery. What is special here is that he is analyzing the numbers more comprehensively than many had done before. He is currently focusing his research at […]

Competition puts a downward pressure on prices. It is one of the forces behind innovation. It enhances welfare. Therefore, initiatives aimed at creating a competitive market are worth supporting. For those who truly believe in a free and competitive market, however, the Malaysian Competition Act passed last year deserves neither admiration nor respect. It is […]

Second Finance Minister Ahmad Husni Hanadzlah recently made a speech that received a lot of attention. Early in it, he shared that the government is looking to increase the private sector’s contribution to the domestic economy. This particular point would have been exciting if it was not for three reasons. One, he is not the […]

There has been noticeable liberalization in the Malaysian economy. Statement by the Managing Director of Khazanah Nasional Berhad, Azman Mokhtar further affirms the trend of an increasingly liberal economy: KUALA LUMPUR, March 28 (Bernama) — Khazanah Nasional Bhd is prepared to cut its stakes in government-linked companies (GLCs) in line with the government’s aspiration to […]