Prime Minister Datuk Seri Anwar Ibrahim is out to reform the decades-long bumiputra agenda to weed out undeserving beneficiaries, and while this is a noble intention, it will be a tough nut to crack, analysts say.
Malaysia Airlines used to be one of the top 10 airlines in the world. This, however, changed drastically over the past decade amid poor management and continued net losses despite billions of ringgit in government bailout.
Trade-reliant Malaysia has to brace itself for more challenges, as the latest global growth downgrade by the International Monetary Fund (IMF) painted a grim picture of the world’s economic outlook.