Q: The World Bank has stated that Malaysia’s sector is currently performing well. What are the key drivers, foundation of this powerful recovery?
We look at the state immediately. Because we have balance in state, and it’s in its 22nd quarter of energy, that’s facilitated us to examine what’s needed for the country in terms of laying out legislation and giving time to implement it.  ,
That’s one essential core of what’s changed in Malaysia.  ,
The second is: Geopolitics is causing adjustments, because folks want to diversify their supply chains. But we’ve seen developments of the likes of Intel, Infineon, AMD and so on, and they’ve started to come in, and that’s helping increase development for the future.
Q: What are the potential risks, both in terms of GDP and the best-case situation, and what are the possible upside and downside dangers?  ,
I believe that the first two rooms have been very promising.
And if you examine the factors that account for it, it’s only natural that we’re seeing rise from a few different regions. One is all the financial assets that have been made.  ,
The state has even done the second thing, which is encouraging GLICs to play a role in stimulating the economy. This is crucial because I believe that’s one of the main points that Malaysia has that not many other nations really do.
The GLICs actually control about RM1.8 trillion ( US$ 418 billion ) ( to ) RM 1.9 trillion of assets in the country. And they keep growing because more money is poured into the GLICs. And what we’ve seen is that GLICs have committed to investing an extra RM120 billion over the course of five years, which is acting like a new website.
Q: All vision will be on the RON95 payment restart. How is progress on that front and what will manage the government’s choice, when to do it, how to do it?
I think the team is still working through the mechanisms, but the commitment to consider RON ( subsidies ) is still there. When you do it, you need to approach it out properly… so you do n’t, at the end of the day, have to change up choices. I’ll enable the prime minister truly make an announcement during the budget because there will be some quality.
Q: But do you think the industry desire is absolutely essential to get it rolling by the end of the year, in order to present the government’s severity in rationalisation?
I think the government has shown its severity … when it tackled light, it tackled liquid, it tackled fuel, it tackled also chicken … We’ll see how we really chip off along that line. So there is still governmental transformation required. This federal will work toward that goal, in my opinion.
Q: There’s day?
There’s period. Maybe, you get lucky. If you looked at fuel charges last year and look at oil prices this time, you’ll see much lower prices this year. So there’s now, inevitably, space that’s created along the range. So the room gives us the opportunity to perfect the program before we even consider putting it in place.
Q: What will the size of the payment costs be next year? Will it be significantly lower than it has been this time?
Looking back two years ago, I believe we were spending anywhere between RM80 and RM80 billion on the total subsidy expenses plus social assistance. We’ll likely reach the 60s this time. So next time, I’m hopeful that with what we’ve done, we will be properly below that number.
Q: The speedy increase of the dinars, as we’ve seen in the last fourth, made it the best performer in the region. But will it cause disruption to businesses as a result of the quick growth?
In everything you do, I believe there will always be winners and losers. But I think, if nothing else, Malaysia has shown that we’ve always been very tenacious, and people will change and look at ways and means to continue to progress forward.  ,
A portion of it might be looking at ways to improve the structure so that the back-end can be restored. However, there will also be finalists who are importing foreign products. Then, they’re finding the cost of goods dropping. The system’s tenacity was demonstrated by previous knowledge.