KUALA LUMPUR, 5 March 2009: Deputy Finance Minister Datuk Kong Cho Ha today said that a part of the second economic stimulus package or the Mini Budget will involve an estimated spending of RM10 billion. Kong said this to reporters after the first reading of the Supplementary Supply Bill 2009 at the Dewan Rakyat sitting […]
Archives for March 2009
Police say “no” to Sat gathering
KUALA LUMPUR, 5 March 2009: Police have renewed their warning against those planning to gather at the Istana Negara on Saturday. Kuala Lumpur police chief Datuk Wira Muhammad Sabtu Osman said police would take stern action against those involved as the gathering was illegal and a threat to public order. “We have warned them many […]
Penang sets up economic action council
PENANG, 5 March 2009: The Penang government has set up a state economic action council (SEAC) which will advise the state government on tackling the current economic crisis. Chief Minister Lim Guan Eng said the SEAC would identify current economic issues at the state level, make recommendations, and draw up strategies and an effective action […]
Khalid to decide on Eli Wong after 15 March
KUALA LUMPUR, 5 March 2009: Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim will decide on the status of embattled Bukit Lanjan assemblyperson, Elizabeth Wong, after she returns from leave on 15 March. Wong, 37, has offered to resign as the assemblyperson and state executive councillor following the controversy over the distribution of intimate pictures […]
Sivakumar cannot have own lawyers (Updated 6.30pm)
Corrected on 13 March 2009 at 12.30am IPOH, 5 March 2009: The High Court has ruled that Perak state legislative assembly Speaker V Sivakumar can only be represented by the state legal adviser in the suits brought by 10 members of the assembly including newly appointed Perak Menteri Besar Datuk Dr Zambry Abdul Kadir. Zambry […]
Perlis Sultan wants Rulers’ dignity protected
KANGAR, 5 March 2009: The Raja of Perlis, Tuanku Syed Sirajuddin Putra Jamalullail, said the Malay Rulers’ dignity needed to be protected at a time when issues that touched on the Rulers’ power and the social contract were being raised. He said the Rulers had a role of protecting all Malaysian citizens regardless of race, […]
Current interest rates support growth
KUALA LUMPUR, 5 March 2009: The reduction in the overnight policy rate (OPR) by 2% from 3.5% previously is supportive of growth, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said today. “We have already reduced the OPR. We believe this is supportive of growth,” she said when asked if there was still room […]
Weaknesses in policy implementation, says Musa
KANGAR, 5 MARCH 2009: Former Education Minister Tan Sri Musa Mohamad has admitted that there are weaknesses in the implementation of the policy to teach and learn science and mathematics in English. Musa, who was the Education Minister when the government began implementing the policy six years ago, said although its intention was good, the […]
What’s shady about the tree?
By Clive KesslerON 3 March, Datuk Seri Azalina Othman Said ridiculed the idea of meeting for serious deliberation beneath a tree. Yesterday, on 4 March, Home Minister Datuk Seri Syed Hamid Albar followed in her dubious footsteps. The Perak representatives’ decision to hold an emergency assembly sitting under a tree on 3 March, he said, had made […]
Zeti: Ringgit stable
KUALA LUMPUR, 5 March 2009: The ringgit’s movement is in line with that of other currencies, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said. “It is now stable against the other currencies so the market remains orderly,” she said when asked about the ringgit’s movement. The ringgit is now hovering near RM3.70 to […]