CIMB Investment Bank regional rates and foreign exchange strategist Suresh Kumar Ramanathan says in an interview with BFM 89.9 that the 7.6% fiscal deficit arising from the RM60 billion stimulus package announced today will have no long-term significant impact. “From a macro perspective, it looks large, but in times such as these, every country is […]
audio report
“Surprising” stimulus package
By BFM 89.9OSK Securities research head Chris Eng tells BFM 89.9 in an interview that the RM60 billion stimulus package announced was larger than expected, and had several surprising measures. Eng says the property and construction sectors will be the main beneficiary of the stimulus package, while the auto and plantation sectors will be smaller beneficiaries. The […]
Package “impressive and impactful”
By BFM 89.9MAYBANK Investment Bank head of equity research Vincent Khoo describes the RM60 billion stimulus package announced today as “impressive”, saying that the measures announced under the package would have an impact on several areas. In an interview with BFM 89.9, Khoo says banks would benefit indirectly because the expected increase in non-performing loans would be […]
Reflections on defections
By The Nut Graph and BFM 89.9FROM 2 Feb to 8 Feb 2009, all three vernacular presses focused on the issue of defections and resignations from political parties that led to the current political crisis in Perak. Additionally, the Malay press also expressed anger at the statement by DAP national chairperson Karpal Singh that he would take Sultan Azlan Shah […]
Uncertainty increases in Perak political tussle
By BFM 89.9THE political tussle for Perak took a dramatic twist today. Bota assemblyperson Datuk Nasaruddin Hashim rejoined Umno after defecting to Parti Keadilan Rakyat on 25 Jan 2009. Three other assemblypersons — Jamaluddin Mohd Radzi (Behrang), Mohd Osman Mohd Jailu (Changkat Jering), and Hee Yit Foong (Jelapang) — left the Pakatan Rakyat to be “friendly” independents […]
