Petronas is cutting its workforce, as part of a survival plan to stay afloat in an increasingly challenging global operating environment. But when the National Oil Company that has fueled Malaysia’s growth for 50 years starts shrinking, is it a sign of trouble ahead? Can Petronas adapt fast enough to survive the clean energy transition—or is Malaysia facing the beginning of the end of its oil era? On this episode #ConsiderThis Melisa Idris speaks with Distinguished Professor Datuk Dr Rajah Rasiah, Distinguished Professor of Economics at Universiti Malaya’s Asia Europe Institute. He was previously a member of the special advisory body to the Finance Minister.
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