Oil Price Hike: It’s Not The Best of Effort, Pak LahBy Salahuddin aka “A Voice”Thursday, June 05, 2008 The extract of June 4th, 2008 Reuters report, “Malaysia revamps energy price system, risks backlash??? reads below: PUTRAJAYA, Malaysia, June 4 (Reuters) – Malaysia announced on Wednesday a broad overhaul of its energy price system, … Read more
Yes, let us get angry, but about the right thingsBy Raja Petra KamarudinThursday, 05 June 2008 Petronas is too important to the nation. Petronas is the backbone of the Malaysian economy. Without Petronas this country would be dead. Should something that important be under the control of just one man where even Parliament has no … Read more
Smidec re-designated as SME Corporation MalaysiaThe StarThursday June 5, 2008 KUALA LUMPUR: The Small and Medium Industries Development Corporation (Smidec) has been re-designated the Small and Medium Enterprises Central Coordinating Agency. Prime Minister Datuk Seri Abdullah Ahmad Badawi said the National SME Development Council, which he chairs, approved the change and agreed that the entity … Read more
BAJAU COMMUNITIES OF MALAYSIA, INDONESIA SIGN MOU BernamaJune 05, 2008 OTA KINABALU, June 5 (Bernama) — The United Sabah Bajau Organisation (USBO) has signed a memorandum of understanding with an organisation representing the Bajau in Indonesia to forge co-operation in various fields, particularly the economic sector. The MoU was signed yesterday with the Keturunan Keluarga … Read more
Malaysia c.bank chief says rates on hold for now Reuters June 5, 2008 Malaysian inflation is likely to rise to a 10-year high in 2008 following sharp rises in domestic fuel prices, but the central bank does not need to raise interest rates, the head of the authority said on Thursday. Malaysia announced a broad overhaul … Read more
HINDRAF’S ACTION SEEMS TO HAVE TARNISHED MALAYSIA’S IMAGE ABROADBy Syed Azwan Syed Ali Bernama June 05, 2008 June 5 (Bernama) — Lobbying for international support for the Hindu Rights Action Force (Hindraf) by its chairman P. Waythamoorthy in the United Nations, India and Britain seems to have tarnished Malaysia’s image abroad more than it has … Read more
Malaysia to register 5-6 per cent GDP growth this year, says PM MCOT English News, quoting from BernamaJune 05, 2008 PUTRAJAYA, June 5 (Bernama) — Malaysia is expected to register a gross domestic product (GDP) growth of between five and six percent this year compared with 6.3 percent last year, Prime Minister Abdullah Ahmad Badawi … Read more
Malaysia and India Increase Price of Subsidized FuelBy PETER GELLINGJune 5, 2008 India and Malaysia risked the wrath of voters by raising the price of subsidized fuel, measures that could further weaken the governments of both countries, already made fragile by recent electoral setbacks. In India, the increase was quickly condemned by political parties from … Read more
Fuel price hike: Subsidy still in forceBy : Deborah LohThe New Straits TimesJune 5, 2008 Datuk Seri Abdullah Ahmad Badawi and Datuk Seri Mohd Najib Razak at the press conference to announce the increase in petrol and diesel prices. PUTRAJAYA: The pump price for petrol is now RM2.70 per litre and diesel RM2.58 a litre … Read more
Economists see inflation soaring to six per cent By : Jeeva Arulampalam and Rupa Damodaran, The New Straits TimesJune 5, 2008 KUALA LUMPUR: Economists said inflation could double to six per cent this year after the government decided to increase fuel prices and allow electricity tariff to rise. They also think that economic … Read more