The retabling of Budget 2023 must be first on the agenda of the new government, regardless of who it is, to ensure continuity in the workings of government, says political analyst Associate Professor Dr Azeem Fazwan Ahmad Farouk.
Budget 2023 was nothing short of being an expenditure, election budget, with short-term goodies for almost everyone. However, renowned economist Tan Sri Ramon Navaratnam says the government has not made it clear where it will be deriving its income from.
Two economics experts have called on the Malaysian government to introduce grants, low-interest loans, tax incentives, and access to training programmes, as all eyes are on Budget 2023, which will be tabled on Oct 7.
As the ringgit continues to slide and inflation rises, the Malaysian government seems to lack the hunger in addressing these woes. The government must quickly fix the matter or risk being labelled incompetent, writes Prof Emeritus Datuk Dr Mohamed Ghouse Nasuruddin.
Veteran economist Tan Sri Ramon Navaratnam says the tendency to be defensive over the hardships faced by Malaysians as a result of the depreciating ringgit must stop.
In Young Voices this week, Padma Tashi, 16, writes about the rich and diverse cultures in Ladakh, India, with tourism driving the economy. Meanwhile, parents ensure their children receive a full education.
Unless there is a dramatic change in the people’s awareness of electoral responsibility in electing the right people to affect a dramatic overhaul of our socio-economic structure, we are heading down the road to ruin, writes Professor Emeritus Datuk Dr Mohamed Ghouse Nasuruddin.
As cost of living is set to increase, the Federation of Malaysian Consumers Associations (Fomca) urges people to be wise with spending and save more, as if the country is headed for a recession, and banks are unlikely to offer another moratorium.
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.