Low Income Malaysians and Proton

I pick this up from The People's Parliament where it was reported that the Deputy Finance Minister Chor Chee Heung says that Proton is a success in providing affordable cars to the low income Malaysians.

“I believe that low-income Malaysians today would not have been able to have their own cars had it not been for Proton”, says Chor Chee Heung.

Najib Bloomberg Interview

Watch how Susan Li of Bloomberg News rattles Najib Razak with her direct and hard hitting questions in this short video interview during the Credit Suisse Asian Investment Conference of 2010 in Hong Kong last week on March 23.

Susan ask Najib what is his story here in Hong Kong when some says that Malaysia is a "foregone economy" and Malaysia stock market is one of the worst performer across Asia Pacific and she brought comparison against Indonesia being one of the best performer in the World. (Indonesia stock market was the 3rd best performer in the World in 2009).

PM Najib's "New Economic Model"

The Prime Minister Najib Razak is set to unveil his New Economic Model later today.

In the Credit Suisse Asian Investment Conference of Hong Kong last week, Najib in his keynote dialoque has indicated that there would be radical reforms, transformation and liberalization of the economy.

Najib has indicated that the New Economic Model will transport Malaysia to a high income economy by 2020 and calls for the dismantling of affirmative actions that favours the so called "bumiputras" although not so clearly stated by Najib but was widely reported by the international media.

Ringgit Not Wanted!

Prime Minister Najib was posed a question in the recent Credit Suisse Asian Investment Conference on the Malaysian Ringgit, on the plans of his government in reconverting the capital control and freeing up the Ringgit. Najib commented that Malaysia was "rather prudent on this issue and was not in a great hurry to make the Ringgit fully convertible".

Malaysia Should Be Embarassed

The first thing to say is that – even allowing for cultural and religious sensitivities – Malaysia should be embarrassed that it is threatening to send a man to prison for consensual sex with another adult. But there are also considerable doubts about the case against Mr Anwar. The evidence against him is thin and the political context is very clear.

MCA - Who Won?

Malai in Hong Kong

Yup! I am back in Malaysia from Hong Kong just after Najib Razak the Prime Minister who attended the 13th Asian Investment Conference hosted by Credit Suisse. This conference which is seen as a prelude to the kick off of the Hong Kong Sevens Rugby Tournament, a sporting carnival like event distinctive to Hong Kong. Credit Suisse is also one of the major sponsors of the Hong Kong Sevens tournament together with Cathay Pacific.

1 Malaysia Formula 1

(Heikki Kovalainen crashes his Lotus into the tyre barrier, Formula One Testing, Day Two, Jerez, Spain, February 18, 2010)

The Formula One Grand Prix 2010 kicks off in Bahrain with the qualifying race on Saturday 13 March, where I had watch some of it on TV here in China. Thats right i am travelling again and will be a bit too buzy to do much writing but will try to do some postings when i can.