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Economist: Malaysia's reliance on oil revenue leaves it vulnerable to market forces | Malay MailKUALA LUMPUR, Jan 22 — Malaysia's reliance on oil revenue leaves the nation vulnerable to global commodity markets, observed Standard Chartered Asean and South Asia Chief Economist Edward Lee. The risk stems from the fact that the 2019 Budget is based off the government's estimate that the oil... It’s time to make the switch to renewables for the local market Noticed how the economist dare not suggest to Malaysian government to cut spending. While it’s just common sense for normal folks to cut their spending when their income dropped .
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