Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, Chief Economist at ICICI Securities, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

PH Wins a Narrow Plurality, but PAS Is the Single Largest Party: Uncertainty Ahead

Malaysia: PM Anwar Ibrahim Has a Lifetime of Experience to Deliver Unity & Progress

Anwar’s Cabinet Deftly Balances Policy and Political Imperatives

Malaysia: Local and Foreign Investors Are Fleeing Despite the Commodity Boom

Malaysia Boleh: Democracy Wins Big as Malaysia Chooses a Multi-Racial Compact

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Gravity Works As WeWork Doesn't; Now Plan B

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Thematic (Sector/Industry)

Malaysia Industrials / Thematic (Sector/Industry)

<ul>
<li>We expect PH to win the 15th General Election, because it will win a majority of the seats in West Malaysia as the non-PH vote splits between UMNO and PN. </li>
<li>PH may fall short of a national majority because it competes with local parties (rather than aligning with any major ones) in Sabah-Sarawak, which may hold the final cards.</li>
<li>While that is our baseline scenario, if current polling holds, PH will comfortably form the government with Anwar as PM. Winners will be technology companies and Hong Leong group.</li>
</ul>


We expect PH to win the 15th General Election, because it will win a majority of the seats in West Malaysia as the non-PH vote splits between UMNO and PN. 
PH may fall short of a national majority because it competes with local parties (rather than aligning with any major ones) in Sabah-Sarawak, which may hold the final cards.
While that is our baseline scenario, if current polling holds, PH will comfortably form the government with Anwar as PM. Winners will be technology companies and Hong Leong group.


Malaysia: PH Is Stronger in West Malaysia, but Sabah-Sarawak May Hold Final Cards