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Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Friday, February 09, 2018

Rahman Dahlan’s dismissive attitude towards Malaysian’s inability to afford even daily groceries shows his blatant disregard for the issues of the average Malaysian.

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Earlier this week, Mydin owner Datuk Ameer Ali Mydin had said that though the Goverment’s published GDP figures showed strong growth, consum...
Thursday, January 04, 2018

Mark Twain’s quote, “there are lies, damned lies and statistics” best describes Information and Communications Minister Dato’ Seri Salleh Keruak boasting of Malaysia having the lowest poverty rates in Southeast Asia

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Writing on his blog on Wednesday, 28 December, Dato’ Seri Salleh Keruak boasted that the Malaysian economy was in fact very doing very well ...
Monday, December 18, 2017

Dato’ Seri Rahman Dahlan should answer why inflated ECRL contract was a direct negotiation with a China company, and not whether it was foreign or locally owned.

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Yesterday, Minister in the Prime Minister’s Department Datuk Seri Abdul Rahman Dahlan once again tried to deflect questions and criticisms o...
Tuesday, November 28, 2017

The biggest culprits to the supply-demand imbalances in the property market in Malaysia are none other than Government-linked Companies

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The Cabinet has imposed a “temporary ban” approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over...
Wednesday, November 22, 2017

Is the high-end property ‘freeze’ a case of a hare-brained attempt to hose down a fire which has already burnt to ashes, or worse, cause a flood and further add to the woes?

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On 17 November, Bank Negara Malaysia (BNM) produced a report highlighting the mismatch in supply and demand of property developments in Mala...
Tuesday, October 31, 2017

Najib’s toll freebie meant to entice Harapan supporters will only going to cost BN voters more

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In Friday’s 2018 Budget speech, one of the big “goodies” that the Prime Minister announced was the abolishment of 4 tolls at Sg Rasau, Batu ...
Friday, October 27, 2017

Despite 2 years after the implementation of the Goods and Services Tax, Budget 2018 projects increasing reliance on income taxes

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Dato’ Seri Najib Razak proudly announced that the projected budget deficit for 2018 will be 2.8% compared to 3.0% expected for 2017. Howev...
Thursday, October 26, 2017

Dato’ Seri Najib Razak is clutching at straws arguing that the ringgit has performed well this year when it has barely recovered a fraction of its losses since 2013

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Dato’ Seri Najib Razak wants Malaysians to believe that “the ringgit had performed better than the currencies of many other large commodity ...
Monday, October 23, 2017

The single biggest economic challenge which Dato’ Seri Najib Razak must address in the 2018 Budget is rising inflation

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We will expect Dato’ Seri Najib Razak to wax lyrical about the higher that expected economic growth as reflected in the recent GDP figures. ...
Thursday, May 18, 2017

Why is Dato’ Seri Najib Razak making up the plans for Bandar Malaysia as he goes along?

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Over the past 2 weeks, the Prime Minister and the Ministry of Finance have been making a whole series of announcements, varying them along t...
Thursday, March 30, 2017

Is our national interest now subjected to foreign terms and conditions?

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Last week, I had asked the Finance Minister to justify the award of the RM55 billion East Coast Rail Link project to China Communications a...
Thursday, March 23, 2017

Malaysians are massively dissappointed that the Government has sided to protect the profits of oil and gas companies, at the expense of the man-on-the-street

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Malaysians are hugely disappointed that the Government has made a complete U-turn on the previously announced proposal for fuel retailers to...
Thursday, March 16, 2017

Don't “thank” the Domestic Trade Minister for raising sugar prices by “only 11 sen” - facts proved that the BN Government has allowed Malaysia’s sugar duopoly to make super-profits over the past 2 years

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Two days ago, Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin said Malaysians should be thankful for the m...
Sunday, February 12, 2017

Move to allow petrol companies and kiosks to compete will benefit consumers and is long overdue

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Bernama reported last week that the Second Finance Minister, Dato’ Seri Johari Abdul Ghani said the government is studying the option of se...
Thursday, February 02, 2017

No clarity, more obfuscation: BN Strategic Communications Team's lengthy answer on how the Government arrived at a painful 20 sen hike for February petrol prices

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I had issued a statement yesterday demanding that Dato’ Seri Najib Razak explain exactly how the Government arrived at a painful 20 sen incr...
Tuesday, January 31, 2017

Dato’ Seri Najib Razak must explain why the price of petrol increased so drastically despite international crude oil prices having fallen slightly in January

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Malaysians of all races returning from the Chinese New Year holidays received a shock when Dato’ Seri Najib Razak presented them with a big...
Thursday, January 05, 2017

While blinkered Treasury-General Tan Sri Irwan Serigar continues to praise the Emperor’s new clothes, little hope of seeing meaningful changes to Malaysia’s drifting economy

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The dreadful performance of the Malaysian ringgit and a listless economy under-performing its potential are not merely depressing news but h...
Wednesday, January 04, 2017

2017 – Relief and recovery for the Ringgit, or more pain and punishment?

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While 1MDB and the Prime Minister Dato’ Seri Najib Razak’s kleptocratic scandals were unquestionably the most talked about topic for 2016, ...
Thursday, December 22, 2016

The Second Finance Minister should stop crying wolf and start addressing the ultimate cause of the loss of confidence in the Malaysian economy

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Two days ago, the Second Finance Minister, Datuk Johari Abdul Ghani told Malaysians there is no need to panic about the weakening ringgit, ...
Saturday, November 12, 2016

Minister in Prime Minister’s Department, Dato’ Seri Abdul Rahman Dahlan tried to pull a fast one by comparing the exorbitant cost of the East Coast Rail Link with complex High Speed Rail in Europe

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Three days ago, Dato’ Seri Abdul Rahman Dahlan, the Minister in-charge of Economic Planning Unit (EPU) responsible for the East Coast Rail L...