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In the two months following the landmark legislative elections in Malaysia on May 9, the new administration decided to abolish the goods and services tax. He took steps to recover the funds siphoned through the 1MDB state fund.
Senior officials in key agencies and government-related businesses were eliminated, reforms were initiated and former Prime Minister Najib Razak was accused of breach of trust.
Prime Minister Mahathir Mohamad also signaled his intention for the Kuala Lumpur-Singapore high speed train and to review the price of water supplied to Singapore, and bilateral relations need to be tested.
Umno, the former ruling party currently in opposition, does not sit either and holds internal party elections after Najib's resignation.
Three speakers will discuss the importance of these developments and discuss Malaysian politics. They are: Professor Joseph Liow, Dean of the S.Rajaratnam School of International Studies, Nanyang Technological University; Ms. Selena Ling, Head of Research and Treasury Strategy at OCBC Bank; and Mr. Shannon Teoh, head of the ST office in Malaysia. ST's editor-in-chief, Zakir Hussain, will host the roundtable
The forum is sponsored by OCBC Premier Banking and will be held at the OCBC Center on Chulia Street.
Readers wishing to participate can register on str.sg/globaloutlook
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