Tag: Malaysia news

The Restructuring of the Malaysian Economy

The Restructuring of the Malaysian Economy

Malaysia has once again elected Mahathir Mohamad as prime minister, and the economy is topic of the day. The appointment of 92-year-old Mahathir Mohamad as the prime minister of Malaysia was phenomenal in its own right, but more so in the context of the hope and expectations Malaysians have for...

Looking Back at the Asian Financial Crisis

Looking Back at the Asian Financial Crisis

Twenty years after the Asian financial crisis, it is important to understand the situation from a Malaysian perspective. In July 1997, the Bank of Thailand withdrew from intervening (pegging Thai baht to US dollars) to defend the baht when its foreign reserves effectively dropped to just $7.5...

Oman’s Look to ASEAN

Oman’s Look to ASEAN

Oman will continue to look east as it builds on its growing ties with the Asia Pacific region. Unlike other Gulf Cooperation Council (GCC) members, the Sultanate of Oman has a relatively limited relationship with the Association of Southeast Asian Nations (ASEAN). Yet historically, as a maritime...

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