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Not just the ferries; hand over Penang Bridge, Penang port, RapidPenang to state government

This was the sign at the Butterworth ferry service after 3.00pm on a weekday, last year. Most of the time, only one to four ferries are in service. At nights, even during school holidays and weekends, only one ferry after 10.00pm!

Last year, I blogged about the ferry service, complaining about the delays and the slashing of the number of ferries. I also tweeted a lot about the poor service.

Now, the federal government has asked the Penang state government to submit a detailed proposal before it hands over the recently privatised ferry service to the Penang state government.

Bukit Laksamana developer ignores stop-work orders, court order

How is it possible for a developer to ignore two stop-work orders from the MBPP and a court order obtained by the Southwest District and Land Office?

Tribute to the mountain guide heroes of Kinabalu

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This is a tribute to the selfless mountain guides who participated heroically in the rescue of stranded climbers on Mount Kinabalu in the aftermath of the recent quake.

Save Pulau Jerejak from ‘real estate activity’

The Penang state government should not sell its 49 per cent stake in Tropical Island Resort on Pulau Jerejak to Uda Holdings Berhad as it will only add development pressure on this green satellite island.

How earthquake-proof are our highrise buildings?

The 19 deaths in Sabah were the first fatalities from a quake in Malaysia in living memory. We mourn the loss of lives and commend the courageous rescuers who worked tirelessly to reach the climbers.

The fatalities should serve us a wake-up call in terms of our preparedness and the precautions we should take to minimise casualties from future quakes, not only in Sabah but across the country.

Hahaha, you can’t legislate against laughter

One of the unanticipated outcomes of yesterday’s Nowhere-to-Hide… I mean, Nothing-to-Hide forum was that it led to half the nation ROFLOL (rolling on the floor, laughing out loud).

Video: Dr M gets taste of own medicine as cops stop him from speaking on 1MDB

Speaking in a packed hall of this morning, Mahathir claimed the Terengganu palace did not agree to the initial RM5bn bond borrowing under the newly set up Terengganu Investment Authority with the collateral being the oil wells in the state.

1MDB tries to explain ‘missing’ RM27bn – but few will be convinced

This infographic was prepared by 1MDB. The column on the left totalling RM14.1bn is basically culled from Mahathir’s tabulation of what he felt 1MDB had spent.

How 1MDB spent RM42bn

The Edge’s tabulation yesterday was slightly different from Mahathir’s earlier tabulation. But no matter which list, plenty of questions are raised.

Malaysia’s foreign exchange reserves slide over last three years

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source: tradingeconomics.com

The speculation is that the reserves are being used to defend the ringgit, which has been slipping, one of the sharpest losses in Asia, over concern arising from the drop in oil prices among other factors. The outlook for the ringgit also depends on the future direction of the US dollar and US interest rates.

RM per US$1 exchange rate for over the last year.

Malaysian Ringgit to US Dollar Exchange Rate Graph - May 27, 2014 to May 26, 2015