KUALA LUMPUR, May 24 — Malaysia’s consumer debt is at 76.6 per cent of its GDP and some economists believe that the growing consumer credit — where each ringgit of growth nearly matches an extra ringgit of consumer debt — could rock the country’s economy, the Financial Times (FT) reported today.
The country’s household debt ratio is the highest ... Read More
Devotees offer prayers on Wesak Day at the Kek Lok Si temple in Penang on May 24, 2013. — Picture by K.E. Ooi
GEORGE TOWN, May 24 — Pakatan Rakyat (PR) is not intimidated by the strong-arm tactics employed by the Home Ministry that resulted in the arrest of two PR leaders and a political activist, said DAP ... Read More
PETALING JAYA, May 24 — The security dragnet on opposition leaders and critics this past week is the clearest sign yet that the Barisan Nasional (BN) government was never honest in wanting real political ... Read More
PETALING JAYA, May 24 — Pakatan Rakyat (PR) wants a parliamentary select committee (PSC) as a bilateral platform to ensure a fairer constituency redelineation exercise once Parliament convenes, its ... Read More
PHUKET, May 24 — Malaysia’s Deputy Prime Minister Tan Sri Muhyiddin Yassin said the proposal to turn Barisan Nasional (BN) into a single party is rational and needs to be studied in detail to ensure ... Read More
KUALA LUMPUR, May 24 — Tens of thousands of people flooded a Pakatan Rakyat (PR) rally in the state capital of Terengganu last night where opposition leaders hit out at the government’s detention of three ... Read More
GEORGE TOWN, May 24 — DAP national chairman Karpal Singh will propose a Private Member’s Bill for the election of senators in the first Parliament sitting on June 24.He told a press conference today that ... Read More
SINGAPORE, May 24 — By means of a memorandum and a statement, Malaysian opposition politicians yesterday urged the Singapore authorities to show leniency to 21 people arrested for an illegal gathering at ... Read More
KUALA LUMPUR, May 24 — The only way forward for Chinese politics in Malaysia is multiracial politics, according to an article in the Singapore Straits Times today.Writing in the Singapore daily, James ... Read More
KUALA LUMPUR, May 23 — Pakatan Rakyat (PR) lawmakers Chua Tian Chang and Tamrin Ghafar, and political activist Haris Ibrahim, have been arrested for sedition and will be held overnight at the police ... Read More
KUALA LUMPUR, May 23 — The Najib administration has shown the spectre of 1987 looms large behind its call for a “national reconciliation” through the home ministry’s crackdown today against opposition ... Read More
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