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Mr Calvin Cheng

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The Regional Comprehensive Economic Partnership (RCEP): ​What this means for ASEAN and Malaysia

By Dr Juita Mohamad Fellow Economics, Trade & Regional Integration juita.mohamad@isis.org.my Calvin... Read More

Budget 2021: a Quick Look

The ​2021 Budget​, along with ​2021 Fiscal Outlook and Revenue Estimates was... Read More

The Sabah Crisis

Article by Bridget Welsh and Calvin Cheng A version of this article... Read More

Will PENJANA Revive The Economy?

Produced by: Hezril Asyraaf Presented by: Lee Chwi Lynn We take a... Read More

We’re already in a global recession: here's what we can do

Download as PDF For those still unsure, let’s be clear: we are... Read More

Malaysia’s slick politics of oil

The deal announced last week between the state of Sarawak, Petronas and the federal... Read More

On the Unemployed Frontline: Malaysia’s Youth and Covid-19

Article by Bridget Welsh and Calvin Cheng first appeared on MalaysiaKini on... Read More

Economics of a Global Pandemic: Malaysian impacts and responses

Presentation by Calvin Cheng Date 10 April 2020 Venue REFSA webinar These... Read More

The economics of a coronavirus pandemic

The outbreak of COVID-19 in addition to movement control measures will have... Read More

Making the invisible visible: Faces of poverty in Malaysia

Article by Bridget Welsh and Calvin Cheng first appeared on MalaysiaKini on... Read More

Evaluating the BPN/BSH cash transfers in the ​Prihatin​ stimulus package

Download as PDF The PN administration announced the Prihatin economic stimulus package... Read More

COVID-19 in Malaysia: Economic Impacts & Fiscal Responses

Views expressed in this article is the opinion of the author, and... Read More

Trump’s trade deal poses new dangers to Southeast Asia

After two years of alternating between tense escalation and fleeting periods of... Read More

The Malaysian Economy: One Decade in Review

Download Infographic The Malaysian Economy: One Decade in Review How the Malaysian... Read More

Trading Troubles: The US-China trade tensions and its impacts on Malaysia and the region

Trade wars can have widespread negative impacts on the global economy, weighing... Read More

Old troubles in the new decade

A version of article was first published in the New Straits Times... Read More

Youth Unemployment in Malaysia & the Region

This article was first published in the Japan Economic Foundation (JEF) Japan... Read More

Going beyond the ballot box

BY most measures, democracy is thriving in Malaysia. Nonetheless, triumphs in voter... Read More

The US-China trade conflict: Overview, impacts, and responses

Presentation by Calvin Cheng Date 17 December 2019 Venue Conference Room, ISIS... Read More

BFM PODCAST: RCEP Goes Ahead without India

Presented by: Lyn Mak, Julian Ng, Wong Shou Ning India finally got... Read More

BFM PODCAST: THE SOCIAL RETURN OF SUBSIDIES

Presented by: Lyn Mak, Wong Shou Ning A number of new initiatives were... Read More

BFM PODCAST: TRADE WAR GAINERS AND LOSERS IN MALAYSIA

Produced by: Noelle Lim Presented by: Noelle Lim Calvin Cheng, Researcher at the Economics,... Read More

The US-China trade conflict and its potential impacts on Malaysia: Have we benefited from shifts in US import demand?

Presentation by Calvin Cheng Date 4 October 2019 Time 3:00pm Venue Conference... Read More

Economic growth stifled

IT has been more than two years since the United States first... Read More

The US-China Trade War: Is Malaysia benefiting from “diversions” in US import demand?

On 6 July 2018, the Trump administration imposed thefirst1 round of tariffs... Read More

Belt and Road Initiative: Perspectives from Malaysia

"Belt and Road Initiative: Perspectives from Malaysia Presented at the 5th Workshop... Read More

Bantuan Sara Hidup (BSH)

Bantuan Sara Hidup (BSH), the national cash transfer program formerly known as... Read More

Is Malaysia benefitting from the US–China trade war?

It has been almost a year since the first round of US... Read More

Debt & Despair

Economists were quick to point out that actual government debt stood at... Read More

Not the Last Samurai

EARLIER this month, the Finance Ministry announced that the government had successfully... Read More

Deflation in Malaysia: What does it mean for the Malaysian economy?

Last week, Consumer Price Index (CPI) data indicated that consumer inflation was... Read More

Outlook for the Global Economy in the Next Two Years

Paper presented by Firdaos Rosli and Calvin Cheng Download PDF Read More

Strategies for Enhancing the Japan-ASEAN Economic Partnership

Paper presented by Dato’ Steven CM Wong at 35th Anniversary Conference of... Read More

Growing risks to the Asean economy

IN 1997, the devaluation of the Thai baht marked the start of... Read More

Making BR1M Work

WHILE the Pakatan Harapan government has promised to continue the 1Malaysia People’s... Read More

Consumption Taxation Will Eventually Return

Tax (GST) would be zero-rated effective June 1, partially fulfilling a promise... Read More

Cash programmes and poverty alleviation

MANY weapons have been wielded in the war against poverty. In ancient... Read More

Don’t Expect 2018 Budget to be Panacea to All of Nation’s Problems

The 2018 Budget, set to be tabled in Parliament by Prime Minister... Read More

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Mr Calvin Cheng

Calvin Cheng is a Analyst in the Economics, Trade and Regional Integration (ETRI) division. His primary research interests include economic growth and development, trade, and social assistance. Some of Calvin’s recent work has focused on the effects of the US-China trade conflict on the region as well on the policy design of cash transfer programs, including Malaysia’s BSH/BR1M program. He holds a degree in Economics with a focus on Economics and Econometrics from Monash University in Clayton. Prior to joining ISIS Malaysia, Calvin was an economics analyst at a private sector investment firm.

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Published Articles

The Regional Comprehensive Economic Partnership (RCEP): ​What this means for ASEAN and Malaysia

17 November 2020
By Dr Juita Mohamad Fellow Economics, Trade & Regional Integration juita.mohamad@isis.org.my Calvin Cheng Analyst Economics, Trade & Regional Integration calvin.ckw@isis.org.my Download as PDF 1.0 Introduction...

Budget 2021: a Quick Look

11 November 2020
The ​2021 Budget​, along with ​2021 Fiscal Outlook and Revenue Estimates was proposed by the Finance Minister on 6 November 2020. This article takes a...

The Sabah Crisis

25 October 2020
Article by Bridget Welsh and Calvin Cheng A version of this article was originally published on Malaysiakini Download as PDF Yesterday, Sabah's Conditional Movement Control...

Will PENJANA Revive The Economy?

05 June 2020
Produced by: Hezril Asyraaf Presented by: Lee Chwi Lynn We take a first look at the RM35 billion worth Penjana economic recovery plan, and discuss...

We’re already in a global recession: here's what we can do

18 May 2020
Download as PDF For those still unsure, let’s be clear: we are currently already knee-deep in a global recession. All around the world, lockdown measures,...

Malaysia’s slick politics of oil

10 May 2020
The deal announced last week between the state of Sarawak, Petronas and the federal government reflects pragmatic choices on all sides – as Sarawak accepted the legitimacy...

On the Unemployed Frontline: Malaysia’s Youth and Covid-19

18 April 2020
Article by Bridget Welsh and Calvin Cheng first appeared on MalaysiaKini on 18 April 2020  Download as PDF While we rightly think of vulnerable communities...

Economics of a Global Pandemic: Malaysian impacts and responses

10 April 2020
Presentation by Calvin Cheng Date 10 April 2020 Venue REFSA webinar These slides were presented at a REFSA webinar titled “Flattening the Recession Curve: Saving...

The economics of a coronavirus pandemic

05 April 2020
The outbreak of COVID-19 in addition to movement control measures will have a devastating impact on the Malaysian economy. A large, decisive, two-stage economic policy...

Making the invisible visible: Faces of poverty in Malaysia

05 April 2020
Article by Bridget Welsh and Calvin Cheng first appeared on MalaysiaKini on 4 April 2020 Download as PDF COMMENT | For many, the movement control order...

Evaluating the BPN/BSH cash transfers in the ​Prihatin​ stimulus package

02 April 2020
Download as PDF The PN administration announced the Prihatin economic stimulus package (Pakej Ransangan Ekonomi Prihatin Raykat) on 28 March 2020, exactly one month after...

COVID-19 in Malaysia: Economic Impacts & Fiscal Responses

26 March 2020
Views expressed in this article is the opinion of the author, and does not necessarily reflect the view of the Institute of Strategic and International...

Trump’s trade deal poses new dangers to Southeast Asia

17 February 2020
After two years of alternating between tense escalation and fleeting periods of calm, the United States and China reached a preliminary phase one trade deal in December...

The Malaysian Economy: One Decade in Review

05 February 2020
Download Infographic The Malaysian Economy: One Decade in Review How the Malaysian economy has changed over the last decade in 11 charts Photo: Image by Walkerssk from Pixabay...

Trading Troubles: The US-China trade tensions and its impacts on Malaysia and the region

16 January 2020
Trade wars can have widespread negative impacts on the global economy, weighing down on global growth and investment, while increasing uncertainty and market volatility. How...

Old troubles in the new decade

14 January 2020
A version of article was first published in the New Straits Times on 14 January 2019 under the title “Many Hurdles Amid Great Growth”  ...

Youth Unemployment in Malaysia & the Region

10 January 2020
This article was first published in the Japan Economic Foundation (JEF) Japan SPOTLIGHT January/February 2020 Issue. Full Issue: https://www.jef.or.jp/jspotlight/latestissue/ Article Link: https://www.jef.or.jp/journal/pdf/229th_Special_Article.pdf   Context In...

Going beyond the ballot box

18 December 2019
BY most measures, democracy is thriving in Malaysia. Nonetheless, triumphs in voter turnout and youth suffrage notwithstanding, it is important to remember that democratic participation...

The US-China trade conflict: Overview, impacts, and responses

17 December 2019
Presentation by Calvin Cheng Date 17 December 2019 Venue Conference Room, ISIS Malaysia   This presentation was presented as part of the ISIS Malaysia-CASS Roundtable...

BFM PODCAST: RCEP Goes Ahead without India

06 November 2019
Presented by: Lyn Mak, Julian Ng, Wong Shou Ning India finally got off the fence to firmly in the No side for RCEP. Calvin Cheng, Research...

BFM PODCAST: THE SOCIAL RETURN OF SUBSIDIES

13 October 2019
Presented by: Lyn Mak, Wong Shou Ning A number of new initiatives were proposed under Budget 2020, including an expansion of the Bantuan Sara Hidup programme...

BFM PODCAST: TRADE WAR GAINERS AND LOSERS IN MALAYSIA

08 October 2019
Produced by: Noelle Lim Presented by: Noelle Lim Calvin Cheng, Researcher at the Economics, Trade and Regional Integration division of the Institute of Strategic and International Studies...

The US-China trade conflict and its potential impacts on Malaysia: Have we benefited from shifts in US import demand?

04 October 2019
Presentation by Calvin Cheng Date 4 October 2019 Time 3:00pm Venue Conference Room, ISIS Malaysia   This presentation will update and expand upon material from...

Economic growth stifled

03 October 2019
IT has been more than two years since the United States first launched investigations into China’s trade and intellectual property. Since then, four different rounds...

The US-China Trade War: Is Malaysia benefiting from “diversions” in US import demand?

30 September 2019
On 6 July 2018, the Trump administration imposed thefirst1 round of tariffs (List 1) on US$34 billion worth of Chinese imports amid allegations of China’s...

Belt and Road Initiative: Perspectives from Malaysia

03 September 2019
"Belt and Road Initiative: Perspectives from Malaysia Presented at the 5th Workshop for Asia Pacific Young Scholars, 3rd September 2019 at the China Institute of...

Bantuan Sara Hidup (BSH)

29 August 2019
Bantuan Sara Hidup (BSH), the national cash transfer program formerly known as BR1M, has undergone many changes since its introduction in 2012. In 2018, it...

Is Malaysia benefitting from the US–China trade war?

14 August 2019
It has been almost a year since the first round of US tariffs were imposed on US$34 billion worth of Chinese imports. Since then, the...

Debt & Despair

13 May 2019
Economists were quick to point out that actual government debt stood at merely RM687 billion in 2017 — only a bit more than half of...

Not the Last Samurai

24 March 2019
EARLIER this month, the Finance Ministry announced that the government had successfully priced 200 billion yen (RM7.3 billion) worth of Samurai bonds at a coupon...
Malaysia needs to prioritise

Deflation in Malaysia: What does it mean for the Malaysian economy?

07 March 2019
Last week, Consumer Price Index (CPI) data indicated that consumer inflation was -0.7 percent lower in January compared to a year ago. We’ve entered deflation...

Outlook for the Global Economy in the Next Two Years

17 December 2018
Paper presented by Firdaos Rosli and Calvin Cheng Download PDF

Strategies for Enhancing the Japan-ASEAN Economic Partnership

27 November 2018
Paper presented by Dato’ Steven CM Wong at 35th Anniversary Conference of the Malaysian Association for American Studies (MAAS) Download PDF

Growing risks to the Asean economy

17 November 2018
IN 1997, the devaluation of the Thai baht marked the start of a crisis that decimated many Asian economies. By the end of 1998, Asean-5’s...

Making BR1M Work

13 September 2018
WHILE the Pakatan Harapan government has promised to continue the 1Malaysia People’s Aid (BR1M) unconditional cash transfer programme for at least another year, its future...
Consumption taxation will eventually return

Consumption Taxation Will Eventually Return

23 May 2018
Tax (GST) would be zero-rated effective June 1, partially fulfilling a promise made by the new administration on the campaign trail. While GST has yet...

Cash programmes and poverty alleviation

19 December 2017
MANY weapons have been wielded in the war against poverty. In ancient Rome, the first ever documented social assistance programme, or alimenta in Latin, provided...

Don’t Expect 2018 Budget to be Panacea to All of Nation’s Problems

26 October 2017
The 2018 Budget, set to be tabled in Parliament by Prime Minister Najib Razak on Oct 27 (Friday), will be the last before Parliament is...