In a country where most businessmen tend to be “diplomatic” when it comes to expressing their views, Datuk Ameer Ali Mydin is the exact opposite. It remains to be seen if more tycoons will speak their minds, in the best interest of Malaysia.
To save this country from the current maelstrom of corruption and abuse of power, there has to be a systemic change in the fundamentals of governance, based on ethical and moral principles, in ensuring that the country’s wealth benefits the people, writes Professor Emeritus Datuk Dr Mohamed Ghouse Nasuruddin.
Malaysia needs to rejuvenate its tourism industry and attract foreign investors to strengthen the ringgit. Income levels in the country also need to be raised. These measures will help ensure food remains available and affordable to all, says former minister Datuk Seri Ahmad Shabery Cheek.
Taiping is reliant on heritage tourism for its economic survival. However, it needs a more sustainable business plan, moving forward. An academic hub is a good way to spur local economy and help retain a young workforce to keep the Perak town alive, says Taiping Heritage Society president Yeap Thean Eng.
Veteran economist Tan Sri Ramon Navaratnam is concerned over the government’s latest decision to allow for another round of RM10,000 withdrawals from the Employees’ Provident Fund (EPF), saying it could be counterproductive for the economy and the country’s future. He adds that the government must be prudent when it comes to budget management.
Spare a thought for mechanics, as fewer people have been driving since the Covid-19 pandemic hit.
The rising prices of consumer goods, high inflation rate, weakened ringgit and a plunge in foreign direct investments are signs that the country is in a state of “near crisis” says Asian Strategy and Leadership Institute’s (Asli) Centre for Public Policy Studies chairman, Tan Sri Ramon Navaratnam.
While the government has initiated several programmes to address this, it remains to be seen if such initiatives will fill the growing gap, or if these multinationals will inject cheaper foreign labour into their operations.
With strong economic fundamentals, the government is confident in the prospect of sustainable recovery, equitable economic growth and shared prosperity, says International Trade and Industry Senior Minister Datuk Seri Azmin Ali.
Klang MP Charles Santiago says Prime Minister Datuk Seri Ismail Sabri Yaakob has repeatedly espoused the virtues of ‘Keluarga Malaysia’ and ‘Shared Prosperity’ but has not outlined how poor and marginalised Malaysians will benefit from those ideals.
Experts in various fields outline wish list for Budget 2022, hoping more allocations be set aside to develop Sabah and Sarawak, and to support small and medium enterprises.
Prolonged periods of cheap money and tech giants’ unabated power, has global superpowers working to reverse accelerating inequality, writes economic researcher Azizul Amiludin.
Policymakers hope to convince Prime Minister Tan Sri Muhyiddin Yassin during National Security Council meeting tomorrow that lockdown isn’t the only option. Also in our news round-up today, Pakatan Harapan calls for private hospitals to be allowed to vaccinate paying customers.