‘Risk is very real’: Malaysia’s Anwar gambles on petrol subsidy cuts

Expertly switching between woks as he whips up appam, the coconut and rice batter pancakes that draw morning commuters to his roadside stall in a Kuala Lumpur suburb, Raj Kumar harbours anxieties that simmer away beneath the calm: petrol subsidy cuts are looming and prices may soon rise again.
At 44, Raj feels every shift in Malaysia’s rising cost of living – both in the prices he pays for ingredients and the rueful faces of his customers.
“Our suppliers raised prices after diesel subsidies were…