PUTRAJAYA, 11 Dec 2008: Injecting a few billion ringgit into the country’s economy was not the answer in mitigating the current global financial crisis, said former prime minister Tun Dr Mahathir Mohamad. Speaking at a talk on Global Uncertainties and the Future of Malaysia here today, Mahathir said the country needed a proper plan by […]
financial crisis
Bleak times ahead
By Deborah Loh(© Tim Reeve / scx.hu) YES, we are staring at the gathering clouds of an economic crisis. Sure, economic fundamentals are strong, as government ministers keep saying, but that’s only half the picture. The other half is the financial scenario, as economic and financial principles are two different things. The sub-prime crisis that began in […]
