After a long wait and much suspense at last the public is relieved when the Minister of Finance finally announced the Stimulus Package of RM60 billion for two years today. Some quarters are saying that this Stimulus Package injection was quite late when it should be have been released early this year.
Earlier this month Malaysia [...]
At last the MOF has been ‘pushed’ hard by the dwindling industries and retrenchment reports to admit that Malaysia is slowly falling into recession. It took more than two months for the MOF to publicly make this declaration.
What is holding them back for so long to admit the situation? Are they trying to manipulate [...]
It’s a good speech by DS Anwar at the Bankers Club Luncheon last Thursday.
A joke from the speech, “Then of course, there was the 1997 Asian financial crisis. Well, I don’t know what lessons the Americans learnt but as for me, the lesson was: Don’t disagree with your boss even if you know that he [...]
It’s already in middle of February 2009 and we have yet to hear the plan(s) that our government will embark on to counter the economic turmoil. It seems that the our leaders are more interested in their political agenda over the well being of the people.
As reported by The Sun news yesterday, 1.35 million SMEs [...]
In my previous post I pasted verbatim the news from themalaysianinsider.com.my regarding our Second Finance Minister’s guarantee that Malaysia will not go into recession which is very much confusing.
Today themalaysianinsider.com.my has released an opposing findings from Citigroup. A really opposite forecast was given – Malaysia to fall into recession this quarter. Not only we’re going [...]
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