Putrajaya 4 May 2026 (The Capital Post) – Malaysia should take advantage of the ongoing West Asia crisis as an opportunity to reassess and strengthen its economic model, said Capital A chief executive Tan Sri Tony Fernandes.
Speaking at a forum on Malaysia’s strategic position in a volatile global economy, Fernandes highlighted that while the country has managed diplomatic relations well, the current geopolitical tensions present a critical moment to rethink key economic policies.
He pointed out that disruptions to global trade routes, particularly involving the Strait of Hormuz, could have prolonged economic consequences, affecting supply chains, energy security and overall economic stability.
Fernandes stressed that Malaysia should use this period to review areas such as subsidies, energy strategies and productivity improvements, with the aim of building a more resilient and sustainable economy.
He added that external shocks, including geopolitical conflicts, should not only be seen as risks but also as opportunities for structural reforms that can enhance long-term competitiveness.
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The remarks come amid heightened global uncertainty, with ongoing tensions in West Asia continuing to impact oil prices, shipping routes and international trade dynamics.
Fernandes said Malaysia must remain proactive in adapting to these challenges, ensuring that its economic framework is robust enough to withstand external pressures while positioning itself for future growth.
The call reflects broader discussions on the need for policy reforms to strengthen Malaysia’s economic resilience in an increasingly unpredictable global environment.-The Capital Post