KUALA LUMPUR, 10 March 2009: The government today unveiled its second economic stimulus package totalling RM60 billion, comprising initiatives and ideas to invigorate vital sectors to maintain the people’s welfare and prosperity in the face of the global economic downturn. Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak, when tabling the package in […]
Archives for March 2009
Selangor Sultan: Don’t misinterpret constitution
SHAH ALAM, 10 March 2009: Sultan Sharafuddin Idris Shah of Selangor today urged all parties especially his subjects not to misinterpret the state and Federal constitutions for the benefit of certain groups. Everyone should fully respect the laws of the state and country and adhere to all the provisions, he said when opening the First […]
Nazrin on Malay survival
BANGI, 10 March 2009: The Raja Muda of Perak, Raja Dr Nazrin Shah, has called on the Malays to safeguard their culture and tradition as these are crucial to their survival as a race. He said that the Malays already had a unique identity, one “which is tied by customs, knotted by language and coated […]
“Surprising” stimulus package
By BFM 89.9OSK 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 […]
“No long-term impact from larger deficit”
By BFM 89.9CIMB 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 […]
Johor PAS wants results from MACC
JOHOR BARU, 10 March 2009: Johor PAS has asked the Malaysian Anti-Corruption Commission (MACC) to reveal developments in two graft cases. The two cases are an attempt to bribe a PAS party candidate in the 2004 general election and a case of alleged corruption against Home Minister and Kota Tinggi Member of Parliament Datuk Seri […]
Effendi, Malasingam sworn in as senators
KUALA LUMPUR, 10 March 2009: Former Minister in the Prime Minister’s Department Datuk Seri Mohd Effendi Norwawi and MIC Tapah Division chairperson Dr M Malasingam were sworn in today as senators before Dewan Negara President Tan Sri Dr Abdul Hamid Pawanteh. Effendi, 61, has been appointed for a second term and Malasingam for the first […]
Wong given leave from state assembly sitting
SHAH ALAM, 10 March 2009: Selangor state assembly Speaker, Teng Chang Khim, today said Bukit Lanjan state assemblyperson, Elizabeth Wong, had applied for leave from attending the second term sitting of the 12th state assembly. He said this when asked to comment on the absence of the state executive councillor for tourism, consumer affairs and […]
Bung Moktar challenges Karpal
KUALA LUMPUR, 10 March 2009: Datuk Bung Moktar Radin (BN-Kinabatangan) today challenged Karpal Singh (DAP-Bukit Gelugor) not to use parliamentary immunity as a shield and to repeat the remarks he made about Umno Youth outside the Dewan Rakyat. Speaking after Deputy Finance Minister Datuk Kong Cho Ha tabled the Supplementary Supply Bill (2008) 2009 for […]
Nizar-Zambry suit: 4 constitutional questions
KUALA LUMPUR, 10 March 2009: The High Court here today pronounced four constitutional questions to be determined by the Federal Court in the legal battle between Datuk Seri Mohammad Nizar Jamaluddin and Datuk Dr Zambry Abdul Kadir over who is the rightful Perak menteri besar. The questions, read out by Judge Lau Bee Lan, are […]
