From the Financial Times today: Malaysian PM faces big test as tight poll looms By Jeremy Grant in Putrajaya Malaysian Prime Minister Najib Razak looks out through the window in his spacious office in the administrative capital of Putrajaya, and points to the foreign ministry on a nearby hill. “They cheated the prime minister and occupied … Continue reading »
Tag Archives: New Economic Model
Improving Malaysian taxi service
Yesterday’s news in Cars, Bikes, Trucks gave some hope in one of the most problematic public transportation here in Malaysia, specifically in our capital city, Kuala Lumpur. I even wrote about it a couple of years ago where a few bad apples in the taxi service industry have tarnished the image of this country. Thus … Continue reading »
Conclusion text of the 2013 budget
CONCLUSION OF “PROSPERING THE NATION, ENHANCING WELL-BEING OF THE RAKYAT: A PROMISE FULFILLED” 161. The new budget that I have tabled for 2013 is the last budget before the 13th General Election. This is among the series of budgets that will propel this beloved nation towards achieving the national vision. 162. With the permission of the Almighty, … Continue reading »
Nazir Razak bastardising the New Economic Model
“I have strong opinions about how the NEP has been bastardised over the years”. That was what NAZIR RAZAK said in August 2010 about the National Economic Policy. He further said “it has come a long way from the social engineering experiment originally aimed at eradicating poverty, Nazir (left) said that the NEP has appeared to … Continue reading »
Anwar Ibrahim vs ETP
Pemandu had issued an article to debunk the arguments or myths made by Anwar Ibrahim pertaining the ETP. I took the liberty to find what exactly Anwar had said and juxtapose it with what Pemandu had responded accordingly. Note that in his usual attacks towards the government, Anwar did not provide any solutions beyond the … Continue reading »
Idris Jala’s rectification
Exactly a week ago, Dato Seri Idris Jala was ‘quoted’ by The Malaysian Insider as saying “Malaysia could still become bankrupt within a decade if it spends borrowed money on operational expenditure such as subsidies instead of investing the cash.” The opposition portal also alluded that this statement triggers alarm bells with forecast of bankruptcy. As … Continue reading »
Superfluous remark by ‘non politician’ Minister? Again?
This article is in response to blogger SatD’s recent article last night. The Economic Transformation Program (ETP) celebrated its one year anniversary yesterday with a dire scenario stated by Tan Sri Idris Jala, the man behind PEMANDU. But before we go on, we must understand the fiscal rules and guidelines set by the Constitution of … Continue reading »
Malaysian Budget 2012
At 4.05pm Dato Sri Najib Tun Razak took the microphone and spoke about the Budget for Malaysia in 2012. He started with the historical background of development in Malaysia since independence. It is not a government that over promises but a government “yang saban hari memikir, merancang dan melaksanakan..” the country’s development. After 53 budgets, … Continue reading »
Goodbye 2010, welcome 2011
What a year that was! 2010 was an exciting year indeed. Following are the main events that were written by yours truly all throughout the year. It started off with the important judgment by Justice Lau Bee Lan in an intriguing case between the Catholic Herald and the Home Ministry. The judge ruled that the … Continue reading »
The Quintuplets in Umno
Update: A Voice wrote a similar piece here. _____________________original article: There is a lot of stupidity going on in Umno these days. This legion of stupidity is headed by Datuk Seri Nazri Aziz, Datuk Seri Zahid Hamidi, Datuk Seri Tengku Adnan, Datuk Khaled Nordin and Khairy Jamaluddin himself. This quintuplet of misguided souls will spell … Continue reading »
Perbezaan budaya Cina dan Melayu di dalam perniagaan
Sehari sebelum Aidilfitri yang lepas, saya telah membaca satu artikel menarik yang ditulis oleh Tan Sri Muhammad Ali Hashim, bekas Presiden dan Ketua Eksekutif Johor Corporation di dalam Harian Metro. Ya tuan-tuan dan puan-puan, di dalam Harian Metro. Tajuk artikel tersebut ialah ‘Budaya Bisnes Jepun sama dengan Melayu’. Saya sedikit kesal kerana artikel sebagus itu … Continue reading »
Questioning the NEP?
Managing Editor of The Star, P. Gunasegaram wrote an article about the NEP. Specifically, what the NEP meant to him. He called for more debate on the NEP and particularly, the real issues of the affirmative action. He said, “major problem with the NEP is that the 30% equity target for Malays and other bumiputras … Continue reading »
Final lap of the NEM and the liberals’ paradox
As Dato’ Sri Najib Tun Razak’s approval level is getting higher and higher, my voice of highlighting a couple of weaknesses in the government might be getting smaller and smaller. But worry not. I shall persevere. Hopefully, it is not a case of ‘syok sendiri‘. The PM will announce the 10th Malaysia Plan and the … Continue reading »
Subsidies and bankruptcy – What are our prospects?
I like the article that appeared in The Malaysian Reserve today. It comprehensively dealt with our current economic issue and summarily dismissed Idris Jala’s notion that the country will go bankrupt in 2019. It is a good read and facts presented are substantiated with statistical figures to strengthen each argument. A must read for the … Continue reading »
Najib shot in the foot by non-political minister
(WITH UPDATES BELOW) Many people are talking about Idris Jala and his prophecy about Malaysia going bankrupt by 2019. Here is what he said: ‘We could go bankrupt by 2019′ MALAYSIA will go bust by 2019 if it continues to accumulate debt at the current rate of 12 per cent a year, a minister said. … Continue reading »
