I’m writing in response to Gan Pei Ling’s article What’s wrong with a rare earth plant, here? Factual inaccuracies on both sides of the Lynas rare earth plant controversy have given rise to a third constituency — environmentalists who believe in the possibility of a technological fix to the problem. I take Gan’s recent piece […]
economics
Who benefits from bumiputera discounts?
By Tarani PalaniSHOULD bumiputera discounts continue for properties worth more than half a million ringgit? Would it be a disservice to the bumiputera community if this race-based affirmative policy was removed?
Creating a level playing field
By Ding Jo-Ann(Silhouettes by mzacha / sxc.hu) PRIME Minister Datuk Seri Najib Razak is all set to role out a new economic model for growth in Malaysia. The indications are that the subsidy regime and price controls will be abolished once the new economic model is in place. This would be in line with Najib’s other efforts […]
Do subsidies work?
By Shanon ShahPetrol prices are going up in MalaysiaON 4 June 2008, the Barisan Nasional (BN) federal government announced a 40.6% petrol price increase effective at midnight. Pump price went from RM1.92 to RM2.70 per litre. Barely a week later, the Pakatan Rakyat (PR) federal opposition launched its Protes campaign. Then PAS vice-president Datuk Husam Musa promised […]
“No long-term impact from larger deficit”
By BFM 89.9CIMB 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 […]
“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 […]
Economics and politics
Translation by Sevan DoraisamiTHE impact of a worsening global economy on the Indian Malaysian community; their problems with regard to official documents; and the politics in Hindraf and the MIC grabbed the attention of the Tamil press from 1 to 6 Nov 2008. “About 100,000 people from the Indian community might lose their jobs,” Ipoh Barat Member of […]
