Node >= v12.3.0 Cannot require module with relative path

[deepal]

Resolving local modules with relative paths has broken in Node v12.3.0 probably due to nodejs/node#27598

$ ls src/baapan.js                                                                                                                  
src/baapan.js
$ /Users/deepal/.nvm/versions/node/v12.3.0/bin/node --require @babel/register src/entrypoint.js
Switching to workspace /Users/deepal/.baapan/workspace_47039_1584287356022
Workspace loaded!
> require('./src/baapan.js')
Thrown:
Error: Cannot find module './src/baapan.js'
Require stack:
- /Users/deepal/Projects/baapan/src/baapan.js
- /Users/deepal/Projects/baapan/src/index.js
- /Users/deepal/Projects/baapan/src/entrypoint.js
    at Function.Module._resolveFilename (internal/modules/cjs/loader.js:623:15)
    at Function.resolve (internal/modules/cjs/helpers.js:21:19)
    at Module._module.Module.require (/Users/deepal/Projects/baapan/src/baapan.js:130:19)
    at require (internal/modules/cjs/helpers.js:16:16) {
  code: 'MODULE_NOT_FOUND',
  requireStack: [
    '/Users/deepal/Projects/baapan/src/baapan.js',
    '/Users/deepal/Projects/baapan/src/index.js',
    '/Users/deepal/Projects/baapan/src/entrypoint.js'
  ]
}
> 

Requiring with absolute path works fine

> require('/Users/deepal/Projects/baapan/src/baapan.js')
{ default: [Function: BaapanREPLServer] }
> 

Change log for Node v12.3.0 https://github.com/nodejs/node/blob/master/doc/changelogs/CHANGELOG_V12.md#2019-05-21-version-1230-current-bridgear