PETALING JAYA, 24 July 2009: The Economic Planning Unit (EPU) in the Prime Minister’s Department will submit a comprehensive proposal to resolve the toll issue, including nationalisation of toll operators, to the government soon. Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop said an in-depth study of the issue was still in [...]

Corrected on 15 July 2009 at 12.30am GOOD news for Prime Minister Datuk Seri Najib Razak. His approval ratings jumped from 45% in mid-May to 65% by 1 June, according to a poll by the Merdeka Center for Opinion Research released ahead of his first 100 days in office on 11 July. The increase follows [...]

KUALA LUMPUR, 2 July 2009: PAS Youth today called on the government to make sure there is no abuse of power or corruption in the implementation of government policies to enable the economic liberalisation measures announced by the Prime Minister Datuk Seri Najib Tun Razak achieve their objectives. PAS Youth information chief Suhaizan Kaiat said [...]

PETALING JAYA, 1 July 2009: The government’s economic liberalisation measures are welcome – as long as they don’t get strangled by red tape, politicians from across the divide and think tanks said today. These individuals and groups supported the removal of the 30% bumiputera shareholder quota for publicly listed companies, the increase in foreign shareholding [...]

KUALA LUMPUR, 30 June 2009: A new investment institution, Ekuiti Nasional Bhd (Ekuinas), will be set up soon with an initial capital of RM500 million. The fund will focus on investing in high-growth potential sectors and bumiputera companies, said Prime Minister Datuk Seri Najib Razak. “The government will provide the funds and appoint experts to [...]

KUALA LUMPUR, 30 June 2009: Foreign shareholding limits in existing stockbroking companies will be increased to 70% from the current 49% in efforts to further enhance Malaysia’s position as a listing and investment destination, Prime Minister Datuk Seri Najib Razak announced here today. He also announced that with immediate effect, the Foreign Investment Committee (FIC) [...]