More than two decades have passed and the National Health Financing Scheme still seems up in the air in terms of concept and implementation. Will it be a flat-rate or not? Will it take a year or ten? Despite continuous studies on the proposed scheme, is Malaysia anywhere closer to a health financing scheme which is affordable, fair and accessible to all levels of society?
BEFORE Senator Tunku Abdul Aziz Ibrahim became a politician, he was far better known as a Malaysian champion of transparency, integrity and good governance. Indeed, it was no coincidence that Tunku Aziz, together with like-minded individuals, founded Transparency International Malaysia (TI-Malaysia) in 1998. He was TI-Malaysia president until December 2004. Even after setting up TI-Malaysia, […]
From security guards’ wages to introducing the GST and new third-party insurance, the government seem unable to implement what it says it will when it says it will.
KUALA LUMPUR, 30 June 2009: The government will be tabling a set of far-reaching amendments to the Capital Market Services Act to further strengthen the Securities Commission (SC)’s enforcement powers in corporate governance transgression. Prime Minister Datuk Seri Najib Razak said the amendments would empower the SC to take action against a director or officer […]
KUALA LUMPUR, 16 April 2009: Bank Negara Malaysia (BNM) will revise growth forecast for the year if the economy improves in the second half, its governor, Tan Sri Dr Zeti Akthar Aziz said today. The central bank has projected the gross domestic product (GDP) for this year to be between -1% and 1%. She said […]
KUALA LUMPUR, 15 April 2009: The effects of the fiscal stimulus package and the supportive monetary environment will put the country’s economy in a better position in the second half of the year, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said today. She said even though external economies were contracting, the domestic economy […]
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 […]
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 […]
KUALA LUMPUR: The ringgit, which fell to more than a three-year low on 2 March, is reflective of the current global economic situation, said Bank Negara governor Tan Sri Zeti Akhtar Aziz. “It reflects the global phenomenon.It reflects the strength of the US dollar following deleveraging that is taking place and remitting of funds to […]
SHAH ALAM, 25 Feb 2009: Permodalan Negeri Selangor Bhd (PNSB) may have breached banking rules by failing to declare conversions of large sums of ringgit into foreign currency in its purchase of properties in Saudi Arabia in 2007. Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim said the unauthorised RM25.6 million paid by PNSB for […]