Who cares what Fitch thinks? Why have the media been giving so much publicity to rating agencies such as Standard & Poor’s, Moody’s and Fitch Group (the so-called Big Three)?On 20 January 2015, Fitch rating agency said it...
1400: Some 300 people already outside Pasar Seni for the Workers Day gathering. Many of them are wearing red anti-GST T-shirts or red Bantah GST stickers stuck to their shirts. Three uniformed police personnel have arrived.
Opposition to the Trans-Pacific Partnership Agreement is growing as people in affected countries express their disquiet.Within Malaysia, I don't think there has been enough media coverage and political debate on this huge trade pact, which is going to have...
At a recent talk on the GST, I asked those present what they thought “GST” stood for. Most of those present responded, “Goods and Services Tax”.Then, I showed them a cartoon by Zunar which described GST as “Golfing, Shopping,...
This is the online petition to Najib from the 'Gabungan Bantah Cukai GST Malaysia'. You can sign the form here.Petisyen membantah 6 peratus Cukai Barangan dan PerkhidmatanSaya sebagai rakyat Malaysia dengan kebebasan bersuara seperti yang dijamin...
One of the factors contributing to the persistent fiscal deficit in Malaysia has been the deliberate and gradual reduction of income tax rates over the years.From a fairly progressive tax system, Malaysia has moved towards a regressive tax system....
The TPP is "the largest—and worst—trade deal you’ve never heard of," says a campaign on moveon.org. In other words, "Nafta on steroids". You may not have heard of it because the negotiations are all being done in secret. Perhaps...
GDP per capita (in real terms, after adjustment for inflation) now is apparently six to seven times more than it was in 1970, but do you feel much better off?Here are some other figures:1970 (Source: Statistics Department) Gross...
While many ordinary people, even the poor, are now burdened with taxes such as GST or VAT, some multinational corporations are channelling billions of dollars through Luxembourg to drastically slash their global tax bills in some cases to an...
Blog reader Michael wrote this in response to the drive to open up Penang to Big Business from foreign shores.Michael writes:It is interesting what politicians will say to a foreign audience and not to a local audience.“We are...

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