Although the global economic recovery remains on a sound footing at present, there is a clear divergence between the winners and losers, which is most noticeable when comparing the US and the UK. The UK economy – although it has remained resilient – is still struggling under the weight of Brexit uncertainty, whilst the US continues to motor on.
Loosely translated, ‘Malaysia Boleh’ stands for ‘Malaysians can do it!’. This phrase is now more apt than ever as the development scandal that engulfed Prime Minister Najib Razak in 2015 has left Malaysian equities unloved and under-owned ever since. This situation was exacerbated by the plunge in the oil price – even though crude and related goods account for just 10% of exports.