Month: October 2008

What is 30% Bumiputra Equity?

By Charles Hector Wednesday, October 29, 2008 What is 30% Bumiputra Equity? All it requires is that in, for example a public listed company, one Abdullah Najib Khairy (a Bumiputra) owns 30% of the shares – the we have 30% Bumiputra Equity requirement. The same one Abdullah Najib Khairy (a Bumiputra) can own 30% of… Continue reading What is 30% Bumiputra Equity?

PKFZ Redux

By Capt Yusof Ahmad aka ancient mariner Wednesday, October 29, 2008 In an exclusive, Malaysiakini reports today, here, that a six-member team from the accounting firm of PricewaterhouseCoopers (PWC) has begun auditing the controversial RM4.6 billion ‘soft loan’ provided by the government to Port Klang Free Zone (PKFZ), according to Klang Port Authority chairman Lee Hwa… Continue reading PKFZ Redux

Weathering the financial crisis: Malaysia rated among ‘most risky’

Written by Straits Times (Singapore)Published by The Malaysian Insider October 29, 2008 SINGAPORE, Oct 29 – Malaysia is rated as “high risk” while Singapore is well-positioned to weather the economic slowdown because of its political and social stability, says Hong Kong-based Political & Economic Risk Consultancy. Its analysts ranked Singapore as having the least political… Continue reading Weathering the financial crisis: Malaysia rated among ‘most risky’

ESSAY SERIES: Social Contract and National Unity (III)

We continue the Essay Series today with two articles, the first from The Nut Graph, which features several interviewees who are of similar observation that nowhere in the Federal Constituion is stated the term “Social Contract” and that it was/is mainly an UMNO construct to serve certain political interests for the covenience of a minority… Continue reading ESSAY SERIES: Social Contract and National Unity (III)

PENYAKIT TUA? NO, IT’S ALZHEIMER’S DISEASE!

document.write(parent.prscreen) By Yong Thye Chong aka Kim Quek    October 25, 2008.   Former deputy prime minister Musa Hitam shrewdly diagnosed the multiple deadly diseases afflicting the ailing UMNO when he talked to the press after launching a forum on Oct 22.  He said the party is “too introverted???, its leaders pre-occupied with self-interests and oblivious… Continue reading PENYAKIT TUA? NO, IT’S ALZHEIMER’S DISEASE!

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Money Politics

Wednesday, October 22, 2008 No less than UMNO veteran and foreign minister Rais Yatim has confimed that “the majority” of UMNO members were more interested in making money out of the election than in voting for the right person. (Read the Malaysiakini report, here). He said he had been asked to pay for votes in an… Continue reading Money Politics

BN bully and beggar’s beef

By Helen Ang The accusation ‘Umno bully’ saw both sides dancing with shadows, one defending and the other denying the charge. Just-retired MCA chief Ong Ka Ting made the allegation by invoking perception. Ong said in his keynote address on Saturday that many people perceive power-sharing by BN to be neither effective nor fair, and… Continue reading BN bully and beggar’s beef

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The Social Contract: What Next

Opinion by Dr. Lim Teck Ghee, ???The Social Contract: What Next???. The statement released by the Conference of Rulers following their 215th meeting needs to be scrutinized in terms of what has recently happened and who has been responsible for precipitating the current situation of racial and religious disquiet which has resulted in that unusual… Continue reading The Social Contract: What Next

playin’ solitaire wit’ thy mind

Written by YL Chong Posted by Desiderata-YL Chong Tuesday, October 21, 2008 the government is promoting viceas opposed to wisdombending a citizen’s mindto its ill willwhen its mandate is to safeguardhis wellbeing and welfare