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Reps scramble to find the funds

August 31, 2008

From the NST by Santha Oorjitham

Should elected politicians raise funds from the public? Who should foot the bill for development in their constituencies? SANTHA OORJITHAM finds out from both Pakatan Rakyat and Barisan Nasional representatives

PADUNGAN state assemblyman Dominique Ng was thrilled to receive a letter from the Sarawak Youth and Sports Department recently. Read more

Grow the economy, not give it away

August 31, 2008

This article first appeared in the Malaysian Insider

Datuk Seri Abdullah Ahmad Badawi’s opening statement on the Budget drew laughter from the house.

He lamented on the fact that friends usually appear during the good times and disappear during the bad times.

He also made a conciliatory gesture to the opposition to work together to face the turbulent period ahead. Read more

Changes to reach Olympian heights

August 30, 2008

Up, up and away! (Pic from beijing2008.cn)

Up, up and away! (Pic from beijing2008.cn)

This article first appeared in the Malaysian Insider

The most successful Olympics in history is over. The Games was its crowning glory and marked China’s ascendancy as a global economic and political power.

And its excellent sports programme paid off handsomely as the nation won the most gold medals for the first time ever. Read more

Bye bye BII

August 4, 2008

This article first appeared in the Malaysia Insider

I am not surprised that the acquisition of Bank Internasional Indonesia (BII) by Malayan Banking Berhad (Maybank) was railroaded by Bank Negara at the eleventh hour. The purchase was not well received by the markets and the rakyat from the beginning.

The deal was deemed expensive and the investment could have suffered a potential writedown due to runaway inflation which was expected to slow Indonesian economic growth in the short term. The unpredictable regulatory environment did not help either. Read more

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