Malaysia’s Oil Shock Absorption: Adding Agility to the Subsidy Regime
Lee Hwok-Aun
As global oil prices seesaw in the wake of war, Malaysia’s government has a chance to think ahead and reduce any potential sharp swings.

Lee Hwok-Aun
As global oil prices seesaw in the wake of war, Malaysia’s government has a chance to think ahead and reduce any potential sharp swings.
Amalina Anuar
To plug its fiscal gap, Malaysia needs to go beyond asset recovery and clawing back proceeds from graft.
2025 Top 10
Sara Loo
Despite Johor’s data centre boom, there are concerns about the number and quality of jobs they can generate. But demand is rising for skilled workers in ancillary industries, notably construction.
Tricia Yeoh
Malaysia’s 2026 budget continues fiscal reforms but exposes structural fragilities such as heavy operating costs and rising debt. These factors may threaten long-term fiscal stability.
Lee Hwok-Aun
Malaysia’s persistently narrow tax base and declining oil and gas revenue underscore the case for fuel subsidy reform. The Long Read assesses the political context and constraints that shape the policy options available to Anwar Ibrahim’s Madani administration.
Lee Hwok-Aun
The 13th Malaysia Plan focuses on the need to thrive based on economic complexity. While the term is fairly new, the challenges of transitioning the economy to a higher value-added one remain the same.
Amalina Anuar
Malaysia is facing a dilemma when it comes to pushing through the reform of its petrol subsidies. It has to stay the course.
Tham Siew Yean
Malaysia must urgently pursue AI chip supply diversification and supply chain vigilance to mitigate the detriments of potential export curbs and tariff hikes.
Liew Chin Tong
Fulcrum editor Lee Hwok Aun and Malaysia Studies Programme Coordinator Francis Hutchinson speak with Liew Chin Tong, Malaysia’s Deputy Minister of Investment, Trade and Industry. Their conversation spans Malaysia’s challenges in engineering a second industrial take-off, implementing reforms, and navigating global uncertainties.
Sara Loo
Malaysia’s ambitions to be a digital powerhouse demand urgent consideration of rapidly increasing energy demands. Based on current figures, Malaysia appears to have overcommitted to data centre expansion, especially in Johor, without sufficiently robust sustainability guidelines in place.