Archive for the 'Economics' Category

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PM should seek Parliament approval on June 23 for hefty oil price increases

Thursday, June 5th, 2008

Ipoh’s protest :
 
KL’s protest :
 
Some hundred people, including DAP MP for Ipoh Barat, M. Kulasegaran, Perak State Assembly Speaker Sivakumar, Perak DAP State Excos Su Keong Siong, A. Sivanesan and Chen Fook Chye and DAP Perak Assembly members Leong Mee Meng (Jalong), Lim Pek Har (Menglembu), Ong Boon Piow (Tebing Tinggi) and […]

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Posted in Economics, Good Governance, Parliament | 225 Comments »

Reflections on Malaysia’s Economic Progress and Wealth Distribution: Some Key Questions to Policy Makers (3)

Tuesday, April 15th, 2008

By Dr Teck-Yong Eng

5. What measures have the government put in place to explore and exploit Malaysia’s strategic and cultural position of two major growing economies in Asia, India and China?
Malaysia’s foreign economic policy with regards to India and China remains relatively under tapped from a strategic viewpoint. Despite our geographical proximity, advantage of language and […]

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Posted in Economics | 11 Comments »

Reflections on Malaysia’s Economic Progress and Wealth Distribution: Some Key Questions to Policy Makers (2)

Tuesday, April 15th, 2008

By Dr Teck-Yong Eng

2. Have ordinary citizens benefited from the period of economic boom or growth from the mid to late 1990s? If not, what went wrong and what lessons can be drawn to prevent such recurrence?
Unfortunately, only a minority of people reaped the rewards of the long gone boom period in the Asia region. Again, […]

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Posted in Economics | 2 Comments »

Reflections on Malaysia’s Economic Progress and Wealth Distribution: Some Key Questions to Policy Makers (1)

Tuesday, April 15th, 2008

By Dr Teck-Yong Eng
The People have delivered their verdict on the recent Malaysia’s 12th general election and it is time for all bickering about political rhetoric to take a back seat. In the midst of chaotic restructuring and constant backstabbing of politicians, the opposition could lose focus on turning the election manifestos into reality and […]

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Posted in Economics | No Comments »

Barisan Nasional 2008 Manifesto of Lies and Falsehoods?

Thursday, February 28th, 2008

(Media Conference Statement at DAP Ipoh Timur Ops Centre on Thursday 28th February 2008 at 1 pm)

I greatly regret that the caretaker Prime Minister Datuk Seri Abdullah Ahmad Badawi has resorted to intemperate language in accusing the DAP of spreading lies in the 2008 general election campaign, as illustrated by today’s Sun front-page […]

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Posted in Abdullah Ahmad Badawi, DAP, Economics, Election | 38 Comments »

Financial strenth, economic resilience

Thursday, September 13th, 2007

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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Posted in Economics, Parliament | 3 Comments »

Reliance on Oil & Gas

Wednesday, September 12th, 2007

Malaysia is a country blessed with abundant natural resources. In particular, we are thankful that the country is rich in oil and gas, which created Malaysia’s sole representative in the Fortune 500, Petroliam Nasional Berhad (Petronas).
In the most recent financial year ending March 2007, Petronas achieved record profits before tax of RM76.3 […]

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Posted in Economics, Parliament | 26 Comments »

Challenges of globalisation

Wednesday, September 12th, 2007

Globalisation brings both new threats and opportunities for the Malaysian economy. Should we rest on our laurels and continue to believe that we can be sheltered by the proverbial coconut shell, it will only result in irreparable damage to the economy. However, if we were to instil in our economy the spirit of […]

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Posted in Economics, Parliament | 6 Comments »

Economic Prospects — Dangerous Times ahead

Wednesday, September 12th, 2007

The budget offers the rosy view that the Malaysian economy will continue to be resilient, with a projected growth of between six and 6.5 percent in 2008.
The economic prospects need to be placed in perspective. First and foremost, the external economic environment has sharply deteriorated and the international agencies and governments of the […]

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Posted in Abdullah Ahmad Badawi, Economics, Parliament | 7 Comments »

Malaysia must adopt global policies and strategies to survive

Saturday, September 1st, 2007

by Dr. Chen Man Hin
The Barisan Nasional government frequently makes pronouncements that the economy is sound, with GDP growth rates of 5% and above.
However the following statistics of per capita income do not give a flattering picture of Malaysia:
PER CAPITA INCOME OF SELECTED ASIAN COUNTRIES
[…]

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Posted in Economics, nation building | 43 Comments »

Cross listing of Malaysian Corporations in foreign stock exchanges

Wednesday, April 4th, 2007

CROSS LISTING OF MALAYSIAN CORPORATIONS IN FOREIGN STOCK EXCHANGES
by Dr. Chen Man Hin
Perlis Palm Oil Berhad, a subsidiary of Perlis Plantation Berhad is in the process of being merged with Wilmar Corporation a Singapore listed corporation. The move seems to have created anxiety in the business community.
There are fears that a large corporation being […]

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Posted in Economics | 4 Comments »

Tun Ismail: No Ordinary Politician

Monday, March 26th, 2007

Review by Bakri Musa
Tun Ismail: No Ordinary Politician
The Reluctant Politician: Tun Dr. Ismail and His Time
Ooi Kee Beng
Institute of Southeast Asian Studies, Singapore, 2006
338 pp RM55.00
Reading Ooi Kee Beng’s biography of the late Tun Ismail is akin to eating at a buffet in a cheap Chinese restaurant. The offering was generous and […]

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Posted in Economics, nation building | 8 Comments »

Winning back FDIs - fundamental policy changes needed and not merely incentives

Sunday, March 25th, 2007

Winning back FDIs
by Dr. Chen Man Hin
Prime Minister Datuk Seri Abdullah Ahmad Badawi announced a bouquet of incentives to induce foreign investors to put their money in Johore’s Iskandar Development Region (IDR). Undeniably the incentives are attractive.
While the development of IDR is important and should be encouraged, it is vital to realise that foreign investments […]

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Posted in Economics, NEP | 8 Comments »

Malaysia-US FTA - Questions for Rafidah

Saturday, March 24th, 2007

On Tuesday, Minister for International Trade and Industry, Datuk Paduka Rafidah Aziz, gave a 21-page reply to questions on the Malaysia-US FTA talks and developments.
Rafidah said that the sovereign right of the government to make and implement certain national policies for the interests of the rakyat and country is one of the fundamental issues that […]

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Posted in Economics, Parliament | 5 Comments »

RM149 billion KLSE losses in 5 days - PM/Ministers not stock market consultants

Tuesday, March 6th, 2007

The Cabinet tomorrow should warn off all Ministers to stop acting as investment consultants to talk up the market after the expensive lesson of RM149 billion losses suffered mostly by small investors in the stock market in the past week after the Prime Minister, Datuk Seri Abdullah Ahmad Badawi’s Chinese New Year advice […]

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Posted in Economics, Good Governance | 29 Comments »

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