TMJ's land in Singapore
4 days ago
The BR1M one-off cash payment to low income households (who earn less than RM3,000 per month) will be increased, during the next five years, from RM500 to up to RM1,200. The BR1M will also be paid out annually.Please read about it here: -
National Debt At RM257.2 Billion In 2011, Dewan Negara Told
KUALA LUMPUR, May 8 (Bernama) -- Malaysia's national debt at the end of last year stood at RM257.2 billion or 30.2 per cent of Gross Domestic Product (GDP), the Dewan Negara was told today.
Deputy Finance Minister Senator Datuk Donald Lim Siang Chai said the country's national debt or external debt was debt borne by the country following loans obtained by the government and private sector from overseas sources.
"It comprises the external debt of the Federal Government, non-financial public enterprises and private sector," he said in reply to Senator Datuk Paul Kong Sing Chu and Senator Datuk Abdul Rahman Bakar.
Lim said the Federal Government's total debt was RM456.1 billion or 53.5 per cent of GDP.
"Of the total, RM438 billion or 96 per cent was domestic debt while the balance RM18.1 billion or four per cent was external debt.
-- BERNAMA
“Therefore, any gathering at Dataran Merdeka, that is all the land surface bordering Jalan Sultan Hishamuddin, Jalan Raja and Jalan Kelab except the area occupied by the Selangor Royal Club… is now banned, and the public are warned against attending or taking part in any gathering from April 28, 2012 to May 1, 2012,” Zaki wrote.Shall we match to Selangor Royal Club? Selangor Royal Club we dare you to setup hospitality to welcome Bersih 3.0.
| Malaysia protests to Zimbabwe over asset seizure |
Can Dr M help to resolve this since he is a friend of the Dictator Mugabe? Here is another example of Rule of Law, or lack of Rule of Law affecting foreign investment in a Country. I see a lot of similarities between Malaysia and Zimbahwe, especially on lack of Rule of Law and Dictator Rules.
Charge de Affairs at the Kuala Lumpur’s embassy in Harare, Mohamad Nizan Mohamad, told journalists here that Vice President John Nkomo promised to take the matter to President Robert Mugabe – a friend of former Prime Minister Mahathir Mohamad.
Similarly in Malaysia, the right wing approach of Perkasa will do harm in foreign investment in Malaysia. What happen if the right wing group simply seizure business and property of foreign interest. No? Will see what Perkasa is talking about, Lost of Land in Penang, bla bla bla..
Mohamad said the Asian investors had made significant investment on the land and were planning to expand operations once the dispute over ownership of the banana farm was resolved.
Mugabe has not made secret his clearly improbable wish to turn Zimbabwe into the Malaysia of southern Africa.Mugabe want to turn Zimbabwe into Malaysia of South Africa? This is very funny, only like mind people think alike. So our leaders are all like mind people to Mugabe? No wonder we welcome him to holiday in your country when the rest of the world is banning him as dictator, failure to up hold the rule of law, democracy, human and property rights. So I can safely said, like mind people think alike, and our leaders in Malaysia are having the same kind of mindset like Mugabe.
He has also regularly holidayed in the south-east Asian country since the United States and European Union governments banned him and his top allies from their territories as punishment for stealing elections and failure to uphold the rule of law, democracy, human and property rights.
Here comes the best similarity, we the ordinary Malaysia does not benefited. All sapu by UMNOPutra or BNPutra. Where is the rights and benefit of ordinary peasants.
In addition critics said Mugabe’s cronies in his ZANU PF party and the security establishment – and not ordinary peasants – benefited the most from farm seizures with some of them ending up with as many as six farms each against the government’s stated one-man-one-farm policy.
State wants back concessions
SHAH ALAM: The state government wants to “buy back” and restructure the four concessionaires involved in producing and distributing water because of inefficient delivery of services.Mentri Besar Tan Sri Khalid Ibrahim said that among the reasons for the privatisation of the state's water resources was to reduce cost and bureaucracy while increasing the efficiency of services and benefits to consumers.
He noted that the concessionaires had to be offered profits to attract them to undertake the projects but questions arose when some of them made hefty profits while the people got little in return in terms of benefits. The Star


I welcome the government decision to stop supporting Proton, we the tax payer has contributed to the financial Sinking/Black hole of Proton for too LONG.| Malaysia | 56 | 13,315 | 49 | 12,536 | 57 | 14,400 | 2007 est. |
| United Kingdom | 22 | 35,134 | 16 | 33,087 | 21 | 35,300 | 2007 est. |