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,...
Photo credit: PSM Operations Room, Sungai Siput http://www.youtube.com/watch?v=45dZZdOV_W8 So Jeyakumar Devaraj of Parti Sosialis Malaysia has finally triumphed over S Samy Vellu. When I spoke to him early this morning, he sounded tired but happy. It had been a long, long...
I don’t know about you, but I didn’t watch Najib’s Budget 2016 speech. I thought it would be too painful to listen to. Not just because of the bad news but because of the thought of what could/might have...
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...
In 2002, the government bailed out two privately run LRT systems, which had run into financial difficulties, at a cost of over RM8 billion. That cost of that heavy bailout burden has resulted in the subsequently formed government-owned Prasarana...