The Malaysian KLCI today opened below 1,600 for the first time since 2015, contrary to the papers saying that it "rebounded" from the day before. Quoting the Malay Mail (who took a Bernama piece): At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 6.58 points to 1,599.46, after opening 5.48 points higher at … Continue reading Market opens below 1,600
Joan Lau of the Malay Mail wrote a brilliant commentary on their website on how we are all racists. And honestly, I love this one quote she wrote: We, as communities, fight for our “rights” and are not willing to give a centimetre because we think in previous times we have already given away too … Continue reading If everyone’s racist…
The above was a recent proposal by a Malaysian pro-government senator. According to Mohd Imran Abd Hamid, and I quote: "I propose a Sexual Harassment Act to protect men from the actions, words and clothing of women, which can cause men to be seduced to the point they can commit acts such as incest, rape, … Continue reading Men need protection from causing rape?
It is now revealed that closed circuit television (CCTV) footage is covered under the Malaysian Personal Data Protection Act (PDPA). If this is true, then we are in a very grey area when it comes to social media. If all footage handled by security both private and government is considered CCTV footage, then the videos … Continue reading CCTVs and PDPA
HOUSING and Local Government Minister Zuraida Kamaruddin announced that the government will now allow student loan defaulters to be exempted from housing loan rules. I am not sure how the CCRIS system of credit checks will allow this. A credit score in the system is affected even by the payment of utility bills. And how … Continue reading Column – More to affordable home equation
Happy 21st Anniversary, PSM By Hafidz Baharom The Malaysian Socialist Party (PSM) recently celebrated their 21st anniversary after their formation on May 1, 1998. That said, the only party in Malaysia continues to be a sole voice in the country to promote the left wing ideology as their central thrust. However, they have yet to … Continue reading Happy 21st Anniversary, PSM
With the continuous news coming out of Johor on how their rivers are being polluted due to the dense industrial zones, as well as Selangor's water treatment plants being closed down due to a diesel spill, river pollution is on the rise. The things that the government needs to fix are: to tighten the regulations … Continue reading Taking care of rivers means a policy shift
Selling off PLUS needs answers By Hafidz Baharom It comes as quite a surprise that the government is considering to sell off their stake in the North South Expressway toll concessionaire PLUS to Maju Holdings. Though to be fair, it was even more surprising that Utusan Malaysia is in support of the deal. That is … Continue reading Selling off PLUS needs answers
If you've been paying attention to the palm oil industry recently, you would note that the minister in charge Teresa Kok has been adamantly screeching at Norway for stopping the imports of biofuel. Apparently France is also going about doing the same thing as well. But at the same time, why the noise? Personally I … Continue reading Some questions on the palm oil issue
I had a discussion recently regarding the topic of meritocracy and affirmative action, and how the two can go hand in hand or end up all balls up wrong. After multiple shots of coffee and even a few sessions 3-metres away, this question comes up from one of my friends. "So, if we go by … Continue reading Why merit isn’t about merit
