Budget 2012, announced on 7 Oct 2011, has received both bouquets and brick-bats for its goodies-galore bent. Prime Minister Datuk Seri Najib’s “election budget” and its populist generosity on handouts, subsidies and civil servants’ pay  may appeal to those who directly benefit but is being chided by economists and analysts for presenting unsustainable solutions to [...]

Teh Chi-Chang, Executive Director of Research for Social Advancement (REFSA) discusses how consumers can be adversely impacted by the recent MAS-AirAsia tie-up. Under the comprehensive collaboration framework, Khazanah, which has a 69.5% stake in MAS, will take up a 10% stake in AirAsia through Tune Air, while the latter will acquire 20.5% of MAS. REFSA [...]

Originally posted in BFM website: http://www.bfm.my/current-affairs-120711-teh-chi-chang-refsa.html Recently in the news report “IPPs do not benefit from gas subsidy”, the Minister of Energy, Water and Green Technologies Datuk Peter Chin, along with Tenaga Nasional Berhad’s chief operating officer, Azman Mohd, had reportedly said that Malaysia’s average electricity tariff s 47.31 sen per kWh is gas prices [...]