Tag Archive | "economy"

Keeping subsidies: Caring or irresponsible?

Keeping subsidies: Caring or irresponsible?

Is it caring or irresponsible of the government to maintain government subsidies? Our government seems undecided. On one hand, RON95 and diesel prices have been maintained “for the people’s sake”, despite the heavy subsidy cost. On the other hand, electricity tariffs have been raised because it would be “irresponsible” of the government to keep the people happy but make them suffer in the long-term. So, which is it?

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Making sense of 1MDB’s profits

Making sense of 1MDB’s profits

1MALAYSIA Development Bhd generates scepticism when news about its huge profit after just one year of capitalisation is juxtaposed with reports that it was given prized land in Sungai Besi for redevelopment.

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Malaysia’s economic outlook: Will we make it?

Malaysia’s economic outlook: Will we make it?

MALAYSIA’s once rosy economic outlook isn’t looking as rose petal-fresh as it used to anymore. In 1992, Malaysia transitioned from a lower-middle to upper-middle income country, surpassing most of our regional neighbours. Rich in natural resources and attractive to global investors due to relatively low production costs, Malaysia prospered in the early 1990s. But other […]

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By-elections and bumiputeraism

By-elections and bumiputeraism

Corrected at 2.59pm, 16 April 2010 WHILE by-elections can hardly be considered referendums, they are nevertheless mid-term elections and often have far-reaching implications. The triple by-elections of April 2009 Remember the triple by-elections of April 2009? What if newly-minted premier Datuk Seri Najib Razak‘s Barisan Nasional (BN) had won all three handsomely? Would he then […]

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Understanding GST

Understanding GST

Malaysia is among the last in the region to impose goods and services tax (© Sanja Gjenero / sxc.hu) MALAYSIA is among the last in the region to impose goods and services tax (GST) but it still shelved its original implementation in 2007. It was only after spending the last two years in consultation with […]

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1Malaysia, ethnicity and the economy

1Malaysia, ethnicity and the economy

HOW ethnic interests are addressed in the nation’s economic and social development will be one of the major determinants of the success or failure of 1Malaysia. It was with the advent of British colonial rule and the mass influx of Chinese and Indian migrant labour that the question of ethnicity in its present form emerged […]

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