Month: October 2008

FINANCIAL TURMOIL WORLDWIDE: Two perspectives on Malaysia’s status

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Media take 1:

Malaysia to revise downwards growth forecast for 2009

Written by S. Ramesh in Kuala Lumpur | Posted: 21 October 2008 0217 hrs
Published by Channel NewsAsia’s

KUALA LUMPUR: The Malaysian government will revise downwards its growth forecast for 2009 from the targeted 5.4 percent, says Deputy Prime Minister and Finance Minister Najib Razak.

Details are expected to be announced in Parliament on November 4.

Meanwhile, the government will inject US$1.4 billion into the stock market to shore up sentiments.

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CHANGE and a Kind Badawian Herdsman

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Written by YL ChongPosted by Desiderata-YL Chong Sunday, October 19, 2008 CHANGE surprisingly has infected even the ***most unlikeliest party — the MCA! I’m referring to the UPSET VICTORY by comeback kid Dr Chua Soi Lek, and the substantial number of votes garnered by te presidential candiadte, another Chua, lawyer Jui Meng. Both had been … Read more

Taking stock in a global turmoil

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Written by Business Times (Singapore)
Published by The Malaysian Insider

October 20, 2008

Malaysia should cut spending, reassess fuel subsidy, energy policies

KUALA LUMPUR, Oct 20 – While Malaysia will likely escape a recession this year, next year is harder to call.

Although one of the stronger economies in the region, it is a major trading economy and will not be immune to the knock-on effects of a deepening global turmoil.

Following the Asian financial crisis a decade ago, the rebuilding of financial systems and stricter governance have strengthened its banking framework and put the country in a relatively stronger position to fend off the contagion effects.

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The Last Honest UMNO Politician

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By Capt Yusof Ahmad aka ancient mariner

Saturday, October 18, 2008

At the invitation of my second cousin Datin Halimah Said, I was back in my hometown Seremban this morning for the launch of Galeri JASA Tan Sri Dato’ Dr. Mohamed Said bin Mohamed, at her family home in Gedung Lalang. It was a most welcome homecoming indeed for yours truly to meet long lost kith and kin, also for a belated Hari Raya gathering.

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The Hundraf of Umno’s making

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By Helen Ang

There is no typing error above; I did spell ‘Hundraf’ for Human Rights Action Force. Hundraf is the twin spirit of Makkal Sakthi, an expression translated as People Power, not Indian Power.

Home Minister Syed Hamid Albar is reported by Bernama as saying the Indians are not neglected in Malaysia. What he implied is that Indians have little cause for complaint and thus the complaining Hindraf have no basis for their struggle.

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In defence of me

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By Ahirudin Attan aka rockybru

Friday, October 17, 2008
 

My posting on the Teresa Kok vs Utusan Melayu’s RM30 million suit, In Defence of Utusan Malaysia, has drawn a record number of comments (449 comments as I write this). The letter by Mansur Putih that I published h e r e brought in 323 comments.

I believe that the many people had responded because they care about the Freedom of our Press.

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The HAI HONG Saga

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by Capt Yusof Ahmad aka ancient mariner
Saturday, October 11, 2008
 
By the end of 1978, there were nearly 62,000 Vietnamese ‘boat people’ in camps throughout Southeast Asia. As the numbers grew, so too did local hostility. Adding to the tension was the fact that several of the boats arriving on the shores of countries in Southeast Asia were not small wooden fishing craft but steel-hulled freighters chartered by regional smuggling syndicates and carrying over 2,000 people at a time.
-TIME magazine, Dec. 04, 1978

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