No evidence has been presented in the 10th Malaysia Plan that it will not be business as usual for the distributional coalitions, controlled by Umno and cronies, to redistribute wealth along the old NEP lines.
Read more: Where is the NEM in the 10th Plan?
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Where Idris went wrong is not in his assumptions and projections but in his focus on subsidies as the main culprit in the country’s perilous financial state......
Read more: Malaysia: A ‘bankrupt’ nation?
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This atmosphere – even culture of fear and intimidation – is supplemented on the other hand by the enormous rewards given out to the editors and senior management in media outfits by the state ......
Read more: Dialogue, out from the virtual world and into real life
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The phasing out of subsidies should have taken place much earlier in Malaysia but for political reasons and to curry favour with the electorate, that day of reckoning has been postponed several times by the BN government.
Read more: Economic tsunami heading our way
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Note especially that the countries that have fallen behind Malaysia are mainly European countries and Qatar, all of which are currently experiencing economic instability......
Read more: What to make of M’sia as 10th most competitive country
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