It seems recession is going to hit our shores much earlier than expected by our government. As reported by TheMalaysianInsider.com.my our trade partners US, China and other Asian countries business are slowing down much faster. Several banks already estimated that our economic growth for next year will be between 0.5 and 2.0 percent, a figure [...]
As reported by TheStar.com today some companies has alerted the Ministry of Human Resource (MoHR) that they are set to retrench their workforce early nextyear. Human Resource Secretary General Datuk Thomas George said the Ministry had been informed of significant lay-offs within next six months.
He expects the number of lay-offs to be 30,000 this time [...]
I watched the TV3 Buletin Pagi 7.30 am today. Our PM said that our economy is OK. He also quoted the First Phase of ther Iskandar Develepment Region plan is on track with 86% or RM42Bil FDI already materialised.
I feel something is not right somewhere after looking at the falling trend of Kuala Lumpur and [...]
How the government lavishly spent the people’s money
Dec 12 2008
Posted by Azmi Taufik in Leadership |
Just got this from yahoo news. It made me sick to read this kind of news.
KUALA LUMPUR (AFP) – Malaysia’s government drew flak Thursday after admitting it spent 1.68 million dollars a year on the prime minister’s sprawling residence in the administrative capital Putrajaya.
Responding to an opposition query, Prime Minister Abdullah Ahmad Badawi said 6.01 [...]
The repercussion of “Projek Kerajaan Barisan Nasional”
Dec 12 2008
Posted by Azmi Taufik in Industries |
This issue has its link back to the time when Tan Sri Ani Arope was the TNB Chairman from 1990-1996. Below is part of the interview with TS Ani Arope published in The StarBiz in 2006. I copy and paste verbatim.
StarBiz interview, Tan Sri Ani was asked “How was the Malaysian model of IPPs created?” [...]
