Corrected at 3:25pm, 27 Oct 2009 I MUST say that Budget 2010, announced by Datuk Seri Najib Razak on 23 Oct 2009, contained quite a few surprises for better or for worse. And my observation is from someone who has pored through the government’s budget over the past five years. (Source: babble.com) For one, I’ll [...]

BETWEEN 9 and 15 March 2009 — excellent Sijil Pelajaran Malaysia (SPM) results notwithstanding — the defence of the Malay race, disunity among Muslims, and economic troubles worried the opinion pages and editorials of the Malay-language press. Closing ranks Closing ranks, especially along racial lines, was a big theme in the past week. The editorial [...]

CIMB Investment Bank regional rates and foreign exchange strategist Suresh Kumar Ramanathan says in an interview with BFM 89.9 that the 7.6% fiscal deficit arising from the RM60 billion stimulus package announced today will have no long-term significant impact. “From a macro perspective, it looks large, but in times such as these, every country is [...]

OSK Securities research head Chris Eng tells BFM 89.9 in an interview that the RM60 billion stimulus package announced was larger than expected, and had several surprising measures. Eng says the property and construction sectors will be the main beneficiary of the stimulus package, while the auto and plantation sectors will be smaller beneficiaries. The [...]

MAYBANK Investment Bank head of equity research Vincent Khoo describes the RM60 billion stimulus package announced today as “impressive”, saying that the measures announced under the package would have an impact on several areas. In an interview with BFM 89.9, Khoo says banks would benefit indirectly because the expected increase in non-performing loans would be [...]

KUALA LUMPUR, 10 March 2009: The government has unveiled a second stimulus package worth RM60 billion to spur economic activity and help prevent a recession, Deputy Prime Minister Datuk Seri Najib Razak announced today. Following are highlights of the package tabled by Najib, who is also Finance Minister, in the Dewan Rakyat. House buyers given [...]