In China, a senior official at the Agricultural Bank of China was executed for corruption following years of ordering suppliers to pay him kickbacks. Wen Mengjie, 50, former head of information technology at one of the bank’s Beijing branches, was executed Tuesday for embezzling and taking bribes worth 15 million yuan (USD1.97 million).
In […]

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The EPF is a social security institution formed according to the Laws of Malaysia, Employees Provident Fund Act 1991 (Act 452) which provides retirement benefits for members through management of their savings in an efficient and reliable manner. With rising costs of living, extended life expectancy and more expensive medical treatments, it is critical that […]

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Based on statistics made available by the Minister of Energy, Water and Communication as at 2006, broadband penetration rates for Malaysia is less than 3%, compared to more than 60% for South Koreans.
The BN Government’s National Broadband Plan target of 25% household penetration by 2006 and 50% by 2008, has clearly failed miserably. […]

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In January this year, the Government raised the toll fare for 5 privatised highways in the Klang Valley. The Bentong and Gombak toll on the Karak Highway was raised by 20% and 25% respectively. The 3 KESAS Highway toll was raised by 47%, while the Batu 9 and Batu 11 toll along the […]

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Nathaniel Tan has emailed me his response to the Parliament reply of the Prime Minister, Datuk Seri Abdullah Ahmad on Tuesday claiming that the actions against Nat and Raja Petra Kamarudin were not the “beginning of a clampdown on bloggers” but were normal actions taken against individuals who “break the law”.
Abdullah […]

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Maintaining Islamic Finance Leadership
As highlighted in the previous years’ budget, Malaysia has progressed significantly in the development of Islamic financial services, especially in terms of the size of investments and an increase in the number of institutions. Malaysia was the first to issue a global sukuk in 2002, as well as the first country […]

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