Archive for category Economics

#kerajaangagal154 – Muhyiddin must take quick action to address the “White Flag” phenomenon before Malaysia becomes a “White Flag” country with a “White Flag” government

It is no use denying the “White Flag” phenomenon as is the line adopted by PAS Ministers and leaders with one PAS Mentri Besar dismissing the #BenderaPutih (white flag) campaign as “political propaganda” while other government leaders, like the Minister of Local Government and Housing and the Minister for Women, Family and Community Development saying nice things about the movement while trying to co-opt it.

If the White Flag online campaign is “political propaganda”, it must the first time in Malaysia that such a “political propaganda” does not involve political parties, and should be fully encouraged. Read the rest of this entry »

No Comments

#kerajaangagal144 – It’s the height of international humiliation when Muhyiddin was announcing RM150 billion Pemulih package on live telecast, Bloomberg was broadcasting to the world that Malaysia has fallen to a catastrophic 51st position in the June 2021 Bloomberg Covid Resilience Ranking

(Tatal ke bawah untuk kenyataan versi BM)

It’s the height of international humiliation that when the Prime Minister, Tan Sri Muhyiddin Yassin was announcing the RM150 billion PEMULIH package on live national telecast, Bloomberg was broadcasting to the world that Malaysia has fallen to a catastrophic 51st position in the June 2021 Bloomberg Covid Resilience Ranking out of 53 economies of more than US$200 billion.

In January this year, when emergency was declared on January 11 to combat the Covid-19 pandemic, we were ranked No. 16 in the January 2021 Bloomberg Covid Resilience Ranking. Read the rest of this entry »

No Comments

How can we rekindle and re-motivate the hope and inspiration in the Malaysian Dream for the country to be a world-class great nation by ensuring that the 15th General Election to fulfil the high but dashed hopes of the 14th General Election for reform and salvation?

Since the launching of the Theatre Impian in Bukit Jalil, Kuala Lumpur last Sunday, I have been waking up at 3 am, 4 am or 5 am with the question how can we rekindle, re-inspire, re-energize and re-motivate hope and inspiration in the Malaysian Dream for the country to be a world-class great nation by ensuring that the 15th General Election fulfil the high but dashed hopes of the 14th General Election for reform and salvation?

How do we restore the hope and the inspiration in the 14th General Election when Malaysians at home and abroad made the superhuman effort to ensure that their every vote counted and stood tall in the world by performing the political miracle of effecting a peaceful and democratic transition of power for the first time in six decades? Read the rest of this entry »

No Comments

Malaysia is losing out on private investment because the effort to pursue the Malaysian Dream has slackened in the past year

(Tatal ke bawah untuk kenyataan versi BM)

I was very happy yesterday for my hopes that in March itself Malaysia can break the four-digit daily increase of new Covid-19 cases have come true following the report that the latest daily increase of new Covid-19 cases was 941, the first time new daily increase of cases had fallen below the 1,000 mark since Dec. 9 – falling on the third last day of the month.

But we have still not brought the third wave of Covid-19 pandemic in Malaysia – already one of the longest Covid-19 waves in the world – under control, and my hope is that we can reduce the triple-digit daily increase of new Covid-19 cases to double-digit figures next month in April. Read the rest of this entry »

No Comments

The first month of 2021 has torn Muhyiddin’s New Year Message into smithereens and turned his five priorities for an integrated Covid recovery into dead promises

(Tatal ke bawah untuk kenyataan versi BM)

The first month of the year 2021 has torn the Prime Minister, Tan Sri Muhyiddin Yassin’s New Year Message into smithereens and turned his five priorities for an integrated Covid recovery into dead promises.

His first priority to “improve public health through the procurement of Covid-19 vaccines with the launch of a nationwide vaccination programme” had been pulverised by two events:
Read the rest of this entry »

No Comments

Special Parliament on the Covid-19 pandemic to work out a strategy for Malaysia to get out of the slippery slope to a failed state in a post-Covid world

(Tatal ke bawah untuk kenyataan versi BM)

In his live New Year message, the Prime Minister, Tan Sri Muhyiddin Yassin listed five priorities for the year 2021 in an integrated national recovery strategy post Covid-19.

The Fourth Priority is to “Uphold the country’s sovereignty and strengthen Malaysia’s position on the world stage”.

If we are serious about this priority, then Parliament must be convened in a Special Session on the Covid-19 pandemic to work out a strategy to get Malaysia out of the slippery slope to a failed state in a post-Covid world. Read the rest of this entry »

No Comments

Malaysians need a new national consensus after six decades of nation-building to be a world-class great nation and to better prepare for a pandemic economic recovery

(Tatal ke bawah untuk kenyataan versi BM)

It gives me no pleasure or satisfaction to forecast Malaysia’s overtaking China or that we will exceed the 100,000 mark for cumulative total of Covid-19 cases by Christmas tomorrow and to be proved right for these are sad and dishonourable milestones for Malaysia.

But with Malaysia recording an average of 2,000 Covid-19 new cases daily, the cumulative total of Malaysia by the end of January, February and March 2021 are likely to be 175,000, 230,000 and 300,000 Covid-19 cases respectively. Read the rest of this entry »

No Comments

Parliamentary calendar should be adjusted to allow for a motion of confidence as a result of Fitch Ratings downgrade to be debated before the 2021 Budget is voted on December 16

(Tatal ke bawah untuk kenyataan versi BM)

The call by the Pakatan Harapan (PH) presidential council for a confidence motion on the Prime Minister, Tan Sri Muhyiddin Yassin, following the Fitch Ratings downgrade on Malaysia’s sovereign credit rating should be supported by all Members of Parliament, including from the Perikatan Nasional government MPs.

The Fitch Ratings downgrade cannot be simply ignored by the government and Parliament as the credibility and legitimacy of Muhyiddin as the eighth Prime Minister and his jumbo-sized Cabinet are at stake and they can only be secured whether by a confidence or no-confidence motion, so that the appellation of the Muhyiddin government as a “backdoor” government can be put to rest.
Read the rest of this entry »

No Comments

Fitch’s downgrade is an indictment of Muhyiddin’s 2021 Budget

(Tatal ke bawah untuk kenyataan versi BM)

Fitch’s downgrade of Malaysia’s long-term foreign-currency issuer default rating (IDR) from A- to BBB+ is an indictment of the 2021 Budget presented by the Finance Minister, Tengku Zafrul Abdul Aziz to Parliament early November.

I have read the Fitch Report and the statement from the Minister of Finance. Read the rest of this entry »

No Comments

Government should adopt a flexible and nimble policy and approach to deal with Covid-19 pandemic and not a “one size fits all” situation

The Covid-19 pandemic chalked up four dubious records in the world in the past 24 hours:

(i) Achieving a single-day increase global record for Covid-19 cases as it registered 300,474 new Covid-190 cases, the first time daily new infections have breached the 300,000-mark;

(ii) Global cumulative total of Covid-19 infections breached the 27 million mark and stands at present at 27,069,983 cases;

(iii) Russia joins United States, Brazil and India to be the fourth country in the world with a cumulative total of over a million cases, viz: Read the rest of this entry »

No Comments

Is Muhyiddin afraid that the Penjana economic stimulus package in the war against Covid-19 would be rejected by Parliament if it was presented to Parliament for approval?

The question uppermost in most minds is why the Prime Minister, Tan Sri Muhyddin Yassin, had not presented the Penjana economic stimulus package in the war against Covid-19 to Parliament for approval?

Is he afraid that the Penjana economic stimulus package would be rejected by Parliament if it is presented to Parliament for approval?

Muhyiddin has again made infamous parliamentary history in the lockdown of Parliament instead of presenting the Penjana economic stimulus package to Parliament for oversight, scrutiny, debate and approval. Read the rest of this entry »

2 Comments

Trump is the worst world leader in fighting the invisible war against Covid-19 with United States exceeding 100,000 deaths but Malaysia must not join the gallery of rogue nations by locking down Parliament and paralysing parliamentary oversight and scrutiny during the pandemic

Spain has declared 10 days of mourning starting today for the 27,000 people who have died from coronavirus in the country.

Flags will be hoisted to half-staff in more than 14,000 public buildings across the country and on Spanish naval vessels until 5 June. It marks the longest official mourning period in Spain’s four-decade-old democracy.

By the same standard, the United States should hold 40 days of mourning for over 100,000 people have perished from the Covid-19 pandemic as according to the Worldometer’s Covid-19 Data, United States has recorded 1,725,273 Covid-19 confirmed cases and 100,545 deaths in the United States.

But this is impossible, as United States President Donald Trump is the worst world leader in fighting the invisible war against the Covid-19 pandemic. Read the rest of this entry »

No Comments

Call on Muhyiddin to announce a May Day economic stimulus package for businesses, households and individuals with the extension of the MC0 to May 12, with emphasis to protect workers from being retrenched or having their salaries reduced

Seruan supaya Muhyiddin mengumumkan satu pakej ransangan ekonomi untuk perniagaan, isi rumah, dan rakyat, memandangkan PKP dilanjutkan sehinga 12 Mei, dengan penekanan kepada pelindungan pekerjaan untuk mengelakkan para pekerja daripada dibuang kerja atau dipotong gaji

Perdana Menteri Tan Sri Muhyiddin Yassin harus mengumumkan satu pakej ransangan ekonomi Hari Buruh untuk perniagaan, isi rumah, dan rakyat, memandangkan perintah kawalan pergerakan yang dilanjutkan sehingga 12 Mei, dengan memberikan penekanan kepada pelindungan pekerjaan dan pendapatan pekerja daripada dibuang kerja ataupun dipotong gaji.

Pihak kerajaan seharusnya berasa bimbang dengan pengumuman penutupan perniagaan, seperti hotel-hotel besar di Pulau Pinang, Ipoh, dan Melaka. Read the rest of this entry »

No Comments

Why the government so slow and tardy in presenting a comprehensive package to rescue SMEs in the Covid-19 pandemic economics when compared to other countries like United Kingdom, Germany, France, Denmark, Australia and Singapore?

Kenapa kerajaan begitu lembab dan lambat mengumumkan pakej komprehensif bagi menyelamatkan PKS ketika krisis pandemik Covid-19, berbanding negara-negara lain seperti United Kingdom, Jerman, Perancis, Denmark, Australia dan Singapura?

Kongres Kesatuan Sekerja Malaysia (MTUC) dalam satu kenyataan semalam menggesa Putrajaya supaya menjadikan kepentingan untuk memelihara kebajikan pekerja sebagai salah satu daripada syarat wajib untuk perusahaan kecil dan sederhana (PKS) mendapatkan bantuan daripada kerajaan.

Kenyataan itu turut membangkitkan persoalan; mengapa kerajaan begitu lembab dan lambat untuk mengumumkan pakej komprehensif bagi menyelamatkan PKS yang terkesan dari segi ekonomi ekoran pandemik Covid-19, berbanding negara-negara lain seperti United Kingdom, Jerman, Perancis, Denmark, Australia dan Singapura?

Dalam keadaan ekonomi mengalami kelembapan ekoran perintah kawalan pergerakan (PKP), kegagalan kerajaan untuk bertindak pantas dalam menangani masalah ekonomi dan perubatan akan dilihat sebagai suatu tindakan yang tidak bertanggungjawab serta cuai. Read the rest of this entry »

No Comments

Ministers should drop their insouciant and indifferent attitude and adopt the “Act Fast and Do Whatever It Takes” motto to deal with the Covid-19 pandemic

Jemaah Menteri perlu berhenti bersikap acuh tak acuh dan tidak endah, sekali gus mengguna pakai moto “Bertindak Pantas dan Lakukan Apa Sahaja” bagi menangani wabak Covid-19

Lebih seminggu yang lalu, saya telah mencadangkan kepada Perdana Menteri, Tan Sri Muhyiddin Yassin supaya mengguna pakai cogan kata atau moto “Bertindak Pantas dan Lakukan Apa Sahaja” bagi menangani pandemik Covid-19.

Atas semangat “Bertindak Pantas dan Lakukan Apa Sahaja” bagi mengatasi cabaran-cabaran yang belum pernah terjadi sebelum ini pada waktu yang luar biasa ekoran wabak Covid-19, saya telah mencadangkan kepada Perdana Menteri untuk membuat siaran langsung setiap hari bagi memaklumkan kepada rakyat berhubung perkembangan usaha melawan Covid-19 selain menyarankan Kabinet untuk bermesyuarat setiap hari sehingga peperangan melawan Covid-19 dimenangi.

Oleh itu, saya terkejut apabila membaca laporan berita oleh Bernama yang memetik kenyataan Menteri Kewangan, Datuk Seri Tengku Zafrul Aziz sebagai berkata bahawa Kementerian Kewangan sedang dalam fasa memperhalusi sebuah pakej rangsangan khas bagi perusahaan kecil dan sederhana (PKS) untuk meringankan kesukaran yang dialami oleh industri tersebut. Beliau turut memaklumkan bahawa perkara itu akan dibawa ke peringkat Kabinet pada minggu hadapan.

Sikap acuh tak acuh dan tidak endah yang ditunjukkan Menteri Kabinet dalam hal ini sangat bertentangan dengan semangat “Bertindak Pantas dan Lakukan Apa Sahaja” bagi menangani cabaran yang terjadi ekoran pandemik Covid-19 — mereka bertindak seolah-olah negara tidak berdepan sebarang krisis! Read the rest of this entry »

No Comments

Call on government to ramp up Covid-19 testing in Malaysia to introduce mass testing freely and widely available to all Malaysians as a vital post-MCO strategy to revive the Malaysian economic engine

Seruan kepada Kerajaan untuk meningkatkan jumlah ujian Covid-19 di Malaysia dengan menyediakan ujian besar-besaran secara percuma dan meluas kepada semua rakyat Malaysia sebagai sebahagian daripada strategi pasca-PKP untuk melonjakkan semula ekonomi negara

Malaysia perlu mempelajari amalan terbaik daripada negara lain seperti Korea Selatan, Singapura, dan China dalam usaha memerangi wabak Covid-19 untuk mengelakkan kejadian yang tidak diingini yang sedang melanda negara-negara seperti Itali, Sepanyol, Perancis, United Kingdom dan Amerika Syarikat daripada berlaku di negara kita.

Terdapat banyak perjuangan yang perlu dimenangi dalam usaha melawan wabak ini. Pertama sekali, peperangan maklumat — untuk memastikan rakyat Malaysia memahami mengapa perlunya ekonomi dan kehidupan negara dihentikan sementara untuk mengekang penyebaran wabak ini dengan memutuskan rantaian penyebaran.

Penting untuk disedari yang Nepal menguat kuasakan perintah berkurung pada 24 Mac, apabila mereka merekodkan kes kedua Covid-19 mereka. Sebelas hari kemudian, setakat 3 April, Nepal mempunyai enam kes dengan kosong kematian. Read the rest of this entry »

No Comments

Government should explore the possibility of holding an emergency “virtual” Parliament as it is imperative that Malaysia adopts a “whatever it takes” strategy not only to win the Covid 19 war but to survive the post-coronavirus pandemic economics

Kerajaan patut mempertimbangkan untuk mengadakan persidangan khas Parlimen “secara maya” kerana Malaysia perlu menggunakan strategi “melakukan apa sahaja” untuk memenangi peperangan Covid-19 dan mengharungi era ekonomi pasca-Covid-19

Parlimen Malaysia harus mempertimbangkan kemungkinan untuk mengadakan persidangan khas Parlimen “secara maya kerana Malaysia perlu menggunakan strategi “melakukan apa sahaja” untuk memenangi peperangan melawan Covid-19 dan mengharungi era ekonomi pasca-Covid-19.

Dalam tempoh 24 jam yang lepas, sekurang-kurangnya sembilan peristiwa baharu telah direkodkan dalam peperangan global melawan wabak Covid-19, menunjukkan yang perjalanan ini masih lagi panjang. Sembilan peristiwa ini adalah:

1. 2. Di peringkat dunia kita telah melepasi paras sejuta kes Covid-19 yang disahkan. Penularan virus ini mengambil 67 hari daripada kes pertama ke 100,000 kes yang pertama, 11 ke 100,000 kes kedua, empat hari ke 100,000 kes ketiga, tiga hari ke 100,000 kes ke empat dua hari ke 100,000 kes kelima, sehari untuk 100,000 kes keenam, dua hari untuk 100,000 kes ketujuh, dan satu hari untuk kes 100,000 kes kelapan dan satu hari juga untuk 100,000 kes kesembilan. Jumlah keseluruhan kes global kini berada di paras 1,007,625 kes.

Jumlah korban nyawa global telah melepasi paras 50,000 kematian, kini mengorbankan 52,607 nyawa. Read the rest of this entry »

1 Comment

Muhyiddin should announce an economic rescue package for SMEs and others missed out in the economic package last Friday as well as give top priority to public health

Muhyiddin perlu mengumumkan pakej penyelamatan kepada PKS dan golongan-golongan lain yang tidak dibantu melalui pakej rangsangan ekonomi yang diumumkan Jumaat lepas dan pada masa yang sama memberikan keutamaan kepada kesihatan awam

Hari ini bermulanya pelanjutan dua minggu Perintah Kawalan Pergerakan (PKP) sehingga 14 April.

Walaupun penghujungnya masih tidak diketahui, statistik Covid-19 semasa PKP memberikan harapan memberansangkan bahawa jangkaan 6,300 kes seperti yang diramalkan oleh JP Morgan mungkin tidak akan tercapai.

Selain daripada 23 dan 26 Mac di mana jumlah kes disahkan merekodkan peningkatan harian 212 dan 235 kes, kebanyakan jumlah peningkatan harian kekal berada di bawah paras 200 kes sehari.

Kita juga mempunyai kadar penyembuhan yang agak baik, dengan 58 lagi pesakit Covid-19 dibenarkan pulang dari hospital dalam 24 jam yang lepas, membawa jumlah pemulihan kepada 537. Read the rest of this entry »

No Comments

Malaysia must learn from the lessons of South Korea, China, United Kingdom and Italy and convene an emergency meeting of Parliament to craft a “whatever it takes” strategy to flatten both the epidemiological and recession curves of the Covid-19 pandemic

Malaysia perlu mempelajari pengajaran daripada Korea Selatan, China, United Kingdom dan Itali dan memanggil satu persidangan khas Parlimen untuk merangka satu strategi untuk meratakan lengkungan penyebaran Covid-19 dan lengkungan kemelesetan ekonomi yang disebabkannnya

Tidak ada satu hari yang berlalu tanpa peningkatan rekod buruk Covid-19.

Dalam tempoh 24 jam yang lepas, pemecutan penularan global wabak Covid-19 terus meningkat. Virus ini mengambil 67 hari untuk merekodkan 100,000 kes yang pertamanya, 11 hari untuk 100,000 kes kedua, empat hari untuk 100,000 kes ketiga, tiga hari untuk 100,000 kes keempat, dua hari untuk 100,000 kes kelima, dan sehari untuk mencapai 100,000 kes keenamnya.

Kini terdapat sejumlah 721,412 kes yang disahkan di peringkat global, dengan 33,956 kematian dan 151,004 kes yang sudah pulih. 24 jam sebelum angka ini dicapai, jumlah keseluruhan kes global adalah 662,751 kes.

Keseluruhan kes aktif global buat masa ini adalah 536,452 kes. Read the rest of this entry »

1 Comment

Muhyiddin should meet SME representatives and a cross-section of Malaysians on the RM250 billion economic stimulus he announced last Friday

Muhyiddin perlu bertemu dengan wakil PKS dan rakyat Malaysia dari pelbagai latar belakang untuk mendapatkan maklum balas mengenai pakej rangsangan ekonomi RM250 bilion yang diumumkan Jumaat lepas

Peperangan global menentang wabak Covid-19 terus menerus merekodkan peningkatan mangsa dalam tempoh 24 jam yang lepas, menunjukkan hakikat bahawa peperangan ini adalah satu perjuangan yang kompleks dan akan memakan masa yang panjang.

Ini kerana krisis Covid-19 ini bukan hanya satu krisis kesihatan sahaja, tetapi ia juga membawa bersamanya bencana terhadap ekonomi dan pembangunan negara.

Antara peristiwa suram yang direkodkan dalam 24 jam yang lepas adalah:

Jumlah kematian keseluruhan akibat wabak Covid-19 telah melepasi paras 30,000 nyawa — dengan dua pertiga daripada keseluruhannya datang daripada Eropah — sejak wabak itu mula tersebar di China pada Disember tahun lepas. Read the rest of this entry »

3 Comments