Pass the hat…
When, during his prime minister tenure, Abdullah Badawi scrapped or put on hold some of the billion ringgit federal projects initiated under Mahathir Mohamad’s reign, the latter fumed beneath his tongue. “It’s not that we don’t have the money,” Mahathir reportedly said, but softly. “We have the money.”
Of course, ‘they’ have the money: [...]
Archive for the ‘Economics’ Category
GST: The Taxation of Politics & Umno’s Next 50 Years
Posted in Economics on November 28, 2009 | Comments Off
Life at the Pumps, Part 2
Posted in Economics on June 16, 2008 | Leave a Comment »
Part 2: Where is the Damn Subsidy?
FROM oil fields to the petrol pumps along Jalan Ampang is a long way off. But after pump prices were permitted to rise, complaints crystallised on two planks: (a) Malaysia’s position as a net exporter of crude and (b) the definition of subsidy, both with the intent of drawing attention to [...]
Life at the Pumps, Part 1
Posted in Economics on June 14, 2008 | Leave a Comment »
Part 1: Subsidised Man in T-shirt & Shorts
WHEN in June Malaysia’s Abdullah Badawi allowed the world crude market prices to pass from oil fields to refineries and thence the pump stations, the seige on his government intensified overnight. Was there ever a subsidy? This highly nuanced question shows a different hue once petroleum or oil is positioned [...]
