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How Covid-19 gave cover for a subtle power grab

Facing the worst economic crisis in decades, Kuala Lumpur last week rolled out its fourth stimulus package since February. Together these fiscal salvos add up to about US$70 billion, or 20% of gross domestic product. Such dramatic numbers are entirely necessary. The World Bank expects emerging-market economies will shrink the most since 1960 this year.

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Knight Frank: Penjana to boost industrial, residential and hospitality markets

Executive director of Capital Markets Allan Sim: Post Covid-19, we expect to see more major companies looking to diversify and decentralise their supply chains across countries and regions to mitigate geographical risks on production lines or material sourcing. The decoupling of US-China supply chains is also evident as trade tensions continue to intensify.

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