Environment or land? September 6, 2007
Posted by elizabethwong in Current Affairs, Economy, Huh?!, Malaysia, Note2Self, Politics.8 comments
Today’s Sin Chew highlighted a Melaka state exco member as saying that, in yesterday’s state exco meeting, they have approved the plan to acquire the land as a way to compensate the 25 affected pig farms, and have the land developed for residential and industrial purposes.
This issue which now has turned a different shade. First it was alleged to be river pollution, then about the number of pigs in the state, now land acquisition?
Kerajaan negeri juga merancang untuk membangunkan kawasan terbabit sebagai kawasan pelancongan, katanya. (Source: Malaysiakini)
Budget prep September 6, 2007
Posted by elizabethwong in Economy, Malaysia, Note2Self.7 comments
Tomorrow, Friday 7th September, the Budget 2008 will be presented at 4 pm in Parliament.
Get ready to receive your candies and goodies as it’s an Election Budget. Some of the speculated bits include the increase of retirement age to 60 years; cuts possibly up to 2 % of income tax; increased incentives for home buyers, small and medium businesses; and throw in a few million here and there la, for good measure.
The problem with this sort of feel-good budgets is that feel-good doesn’t necessarily mean good for the economy. Budget deficit will go up, no doubt, and the euphoria is short-lived, as seen in last year’s Budget.
It’s not much different compared to a one-night stand - wonderful during the moment until you feel cheap and nasty afterwards (a concept plagiarised from Maddruid). Unless you like that kinda of stuff….
Will report live from Parliament tomorrow.
Survey results and analysis from ACCCIM September 6, 2007
Posted by elizabethwong in Current Affairs, Economy, Malaysia, Note2Self, Politics.add a comment
Now that Malaysiakini has put up its news writeup of the ACCCIM survey report, below are the essential downloadable documents pertaining to the survey results and analysis from the organisation:-
