The expectation is that, inflationary pressures would gather pace in the coming months. However, given the ineffectiveness of the interest rate policy tool in containing oilinduced price increases and in view of the transient nature of inflation, Bank Negara would remain hesitant to raise rates, as long as the economic momentum is still on a… Continue reading Reining in Inflation
Month: July 2005
Develop Minds, Scrap Boot camps
Dr. Azly Rahman argued why we need not jail our youth for their conscientious objection to militarism in education. Our youth wants to know what will become of them in a society governed by those who think that education is the process of shoving into their minds a certain form of nationalism. Our youth wants explanations… Continue reading Develop Minds, Scrap Boot camps