PUTRAJAYA, 3 Feb 2009: Datuk Seri Abdullah Ahmad Badawi wants all plans for the economic stimulus packages to be implemented immediately. The prime minister said the first stimulus package and the yet-to-be announced second package were efforts to stimulate the country’s economy to cushion the effects of the global economic meltdown. They were also preparations […]
economic
Nazir: Review NEP
KUALA LUMPUR, 3 Feb 2009: The government must show economic leadership beyond just orthodox fiscal stimulus and monetary measures, Bumiputra-Commerce Holdings Bhd’s group chief executive Datuk Seri Nazir Razak said today. Among other things, Nazir suggested for the government to consider re-examining the New Economic Policy (NEP). Nazir, who is the brother of prime-minister-in-waiting Datuk […]
RM5bil from stimulus package transferred
PUTRAJAYA, 22 Jan 2009: The Deputy Prime Minister Datuk Seri Najib Razak said RM5 billion out of the RM7 billion from a government economic stimulus package has been transferred to various ministries and agencies. Najib, who is also Finance Minister said, another RM2 billion would be transferred by next week. “The entire RM7 billion will […]
Penang seeks RM500mil from federal govt
PENANG, 13 Jan 2009: The Penang government has applied for a RM500 million allocation from the federal government for various programmes. These would include programmes for retraining workers and providing business opportunities in the state over the next two years, Chief Minister Lim Guan Eng said today. “I met with Datuk Seri Najib and he […]
Sabah’s pipe dream
By Sim Kwang Yang(© Kevin Abbott / sxc.hu) THE controversy over the proposed RM1.6 billion gas pipeline running from Kimanis, Sabah to Bintulu, Sarawak illustrates a classic problem. It shows how, in a federated system of government, the power centre at the federal level can divide, rule, and exploit marginal outlying states. The project is huge. The offshore […]