A snapshot from Bloomberg on Sabri’s “new” cabinet is very damaging because it is an important publication for foreign investors does not look good. One should note keywords like “old baggage” and “not a promising beginning”. It is an opportunity missed to make a difference. Image source: TwitterRead More »Malaysian Government 2021: Unimpressive, Underperformed Cabinet Lineup
One has to admit that year 2020 have been a very challenging year, not only for the country but for everyone around the world. One main factor that had shaken everyone left, right and centre have been the COVID19 pandemic. Will things getting better in the coming year 2021? Image source: The Journal of mHealth
Read More »Blogging 101: It Has Been A Challenging Year 2020
News snippet – Highland Tower condominium tragedy happened 27 years ago on 11th December 1993 and it was one of the worst tragedies in the country. 48 people died from the said tragedy – a tragedy that should not have happened. Image source: The Star
Read More »Blogging 101: News Snippets As At 22 December 2020
Whenever the Government announces huge bailouts, 2 things are certain on everyone’s mind:-
ONE: It does not matter if it is cash, guarantee or promises on paper, one way or another, at the end of the day, taxpayers will be forced to bear the cost of the bailout. Taxpayers money that could have been used more productively for development of the country now goes down the drain.
TWO: Not all of the board of directors, management and senior officers who mismanaged the company will be arrested, stripped naked of their assets and sent to jail for years. At the most, some of them may be asked to tender their resignation without any punishment and some of them will be transferred to another GLC. And since there is no severe punishment given, the incompetence and mismanagement continues.
Image source: The Edge (Billions lost in Felda, hundreds of millions of asset value vanished in Tabung Haji)
Read More »Economy 101: Bailout of RM10.3 Billion: Where is Your Dignity Now?
(Still, remember the “no spoon” scene in The Matrix? Do you understand the meaning of the scene? I had always thought of it as something not real and yet you see it with your own eyes. Same goes for wastage of taxpayers money. Image source: Matrix Fans)
Read More »Economy 101: Wastage of Taxpayers Money, The Denials