Wednesday, November 25, 2009

On Public Transport, Privatisation and Open Tenders


After speaking on the 5% real property gains tax (RPGT) and the proposed goods and services tax (GST) during the committee stage debate on the Ministry of Finance, I moved on to 3 additional topics - insufficient funding allocated for Syarikat Prasanara owned by the Finance Ministry, which owns RapidKL, the concern over the "second wave of privatisation" announced by the Prime Minister in his 2010 Budget speech as well as the Government's procurement policies which are opaque and open to abuse.
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