KUALA LUMPUR January 27, 2026 – In a heated moment during today’s Dewan Rakyat session, Prime Minister Datuk Seri Anwar Ibrahim sharply rebutted questions from Arau MP Datuk Seri Shahidan Kassim on economic matters, labeling his proposed theory as “lapuk” or outdated. The exchange, captured in a viral video clip shared on X (formerly Twitter), highlighted tensions over stock market integrity, ringgit fluctuations, and rising goods prices.
Shahidan, a Perikatan Nasional representative and veteran politician, questioned the government’s approach to the economy. He argued that the depreciation of the ringgit—from approximately RM2.20 to RM1.65 against certain counters—should allow Malaysians to acquire more foreign goods with less money. He further puzzled over why increased supply of goods hasn’t led to lower prices, suggesting this contradicted basic economic principles. “Why, when there is more goods, the price doesn’t go down?” Shahidan asked, while noting that Malaysians were watching the proceedings.
Responding directly, Anwar dismissed the premise as not a valid economic theory but rather a “fake economy.” He emphasized that stock markets thrive on freedom and integrity, warning that government intervention could compromise the system. “Stock markets are strong because they’re considered free and have integrity. As long as governments start to join hands, it means that this system is compromised,” Anwar stated.
The Prime Minister advised Shahidan to focus on selecting strong stock counters individually rather than expecting broad government involvement. Shifting to goods prices, Anwar acknowledged minor increases but described them as controlled when viewed in a broader context, comparable to neighboring countries. He highlighted government measures like additional checks, subsidies through Sumbangan Tunai Rahmah (STR), and market interventions to alleviate pressures on consumers.
“If there’s anything specific that Yang Berhormat Arau wants—one or two—I am ready to accept and consider,” Anwar concluded, inviting further dialogue.
The clip, posted by X user @adamyusuf88, quickly garnered over 10,000 views, 234 likes, and numerous replies. Netizens reacted with amusement and criticism toward Shahidan, with comments like “Padan muka Shahidan” (Serves him right) and accusations of him speaking without using his brain. One reply noted, “Arau kena sekolah sekali das saja” (Arau got schooled in one go).
This incident comes amid ongoing parliamentary debates on Malaysia’s economic recovery, with the ringgit’s value and cost-of-living concerns remaining hot-button issues. Shahidan, known for his outspoken style, has previously clashed with government figures on various topics.
As the session continues, observers anticipate more scrutiny on fiscal policies in the lead-up to Budget 2027 discussions. Life News Agency will provide updates as developments unfold.
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