f a 6% Goods and Services tax in the recent budget, but the fiscal impact will be partly cancelled out by the new S3.2bn loan programme for Malays, the Bumiputera Economic Empowerment Scheme, which was introduced in September. Whilst it is difficult to underweight Malaysian equities against an overall bearish backdrop for the asset clas

f a 6% Goods and Services tax in the recent budget, but the fiscal impact will be partly cancelled out by the new $3.2bn loan programme for Malays, the Bumiputera Economic Empowerment Scheme, which was introduced in September. Whilst it is difficult to underweight Malaysian equities against an overall bearish backdrop for the asset clas