NOV 28 — The government has recently announced that there will be tabling of first reading of the draft GST at the end of the December 2009 parliament session.During the debate on the motion to support the budget for 2010 I mentioned briefly the need for the government to start the ball rolling on the implementation of GST to ...
JULY 15 — There seems to be a misconception regarding my proposal to nationalise PLUS, the company which operates our highways. I had proposed that Khazanah acquire the remaining stake it does not already own, but I did not propose that tolls be abolished. I believe that tolls should be maintained.The reason I am proposing that ...
JULY 7 — Most housing developments in Malaysia are undertaken by private developers who use the concept of sell then build (STB). Even though most of the projects are ultimately completed, there are a number of abandoned projects — leaving the homebuyers in the lurch.Most developers go scot-free while the homebuyers are ...
MAY 27 — It was recently reported that taxi drivers may soon get their long awaited fare increase. It was not too long ago, in 2008, that the Commercial Vehicle Licensing Board (CVLB) issued a stern warning to taxi drivers that they risked losing their licences if they increased fares without approval. The proposed fare ...
MAY 4 – Recently, the Government announced a few major decisions that have been positive and I hope that there are more to come.On the economic front, the decision to scrap the 30 per cent bumiputra equity requirement for the 27 services subs-sectors and also to allow a higher foreign equity participation for insurers and ...
MARCH 31 – Last week, the government announced that contracts worth a total of RM3.2billion will be awarded for projects identified under the RM60billion stimulus package.This shows that the government is aware of the need for quick implementation of the stimulus package.During the debate in parliament, members of parliament ...
MARCH 4 - Everyone is aware of the adversity facing us in Malaysia in 2009. At the same time, we will be going through numerous by-elections and every party is scouring to ensure they win.Winning the by-election is important but I believe BN must not lose sight of the bigger picture.Whether BN will survive the 13th general ...
MARCH 3 – Since the veil of secrecy was lifted from the nation’s highway concessions, there has been much debate over the terms of the agreements signed with the concessionaires.Many of the comments touched on the legal aspects of the apparently lopsided agreements with PLUS but I will focus on the financial angle to avoid ...
FEB 15 – The Chinese New Year of 2009 marking the beginning of the Ox year is filled with both economic and political challenges.The possible recession in Malaysia and the slowdown in the global economy has dampened the festive mood.Looking at the political situation, it did not augur well for the rakyat in Perak where they had ...
JAN 26 — Daily the media reports of bus crashes with an alarming rate of fatalities. These accidents occur due to a numerous factors — the driver, bus condition, roads and negligence.On Jan 18, the Transport Ministry announced a proposal to ban express buses from roads after midnight in a bid to improve road safety, following ...