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If you are late for school but if you have a good reason, you may be excused. But if you are habitually late, say, more than three times in a short space time, then your excuses may wear a little thin. You could end up in detention class or whatever they call it these days. In earlier days, it could even have meant the rotan!

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Some quick observations on the Penang budget speech.

The Penang state government has requested Penang Sentral Sdn Bhd to undertake a feasibility study for a RM300m Penang Sky Cab project, presumably a cross-channel cable car system (point no.58 in the Penang budget speech below). The state government acknowledges this is not meant as an alternative to public transport modes like LRT and trams, but more as a tourist attraction.

But cable cars are not an unusual gimmick; Malaysia already has them in Genting and Langkawi (see video above); and they would not be unusual for tourists from developed nations. Besides, the fares are unlikely to be cheap. So, hopefully no public funds will be used for this.

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A sad day for Malaysia. Instead of a no-confidence motion against the PM being allowed to see the light of day, veteran opposition parliamentarian Kit Siang was suspended from Parliament. Kit Siang claimed he was “the latest victim of the 1MDB monster”. This was his parting shot.

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Ooh La La. Things are moving fast after the Rulers’ statement on 1MDB.

Fresh from the attorney general clearing 1MDB for the second time after Bank Negara had submitted its investigation paper on 1MDB, the central bank has decided to act.

Bank Negara has revoked three permissions granted to 1MDB under the ECA for investments abroad totalling USS1.83bn. It has also issued a direction under the Financial Services Act 2013 to 1MDB to repatriate the amount.