brought to you by Sandra Rajoo REFSA Rojak is our weekly take on the goings-on in Malaysia. We trawl the newsflow, cut to the core and focus on the really pertinent. Full of flavour, lots of crunch, this is the concise snapshot to help Malaysians keep abreast of the issues of the day. Keep not [...]
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The uphill journey of economic transformation is looking even steeper, with the private sector share of investments in the Economic Transformation Programme (ETP) slipping far below target. The ETP targets the private sector to provide 60% of the investments required to take Malaysia to high-income status by 2020. However, private sector participation makes up only [...]
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REFSA Rojak
Crisps of the Week (3-9 Feb)
brought to you by Foong Li Mei REFSA Rojak is our weekly take on the goings-on in Malaysia. We trawl the newsflow, cut to the core and focus on the really pertinent. Full of flavour, lots of crunch, this is the concise snapshot to help Malaysians keep abreast of the issues of the day. Borrowing for [...]
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Focus Paper
A Critique of the ETP Part 3 (iii): Doubtful EPPs; doubtful achievements and due diligence
‘Dud’, ‘doubts’ and ‘debt’ are three words written all over at least two Entry Point Projects (EPPs), punctuated only by question marks. The investment cost for the Karambunai Integrated Resort in Sabah more than tripled from RM3 billion to nearly RM10 billion in 6 short months. At this price, it needs 2.8 million visitors per [...]
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How transformative is our Economic Transformation Programme (ETP), really? In 8 short weeks, 12 ‘labs’ comprising 30-50 experts each researched, brainstormed, and devised 131 Entry Point Projects (EPPs) across 12 National Key Economic Areas (NKEAs). What impressive numbers! But an impression of transformation was probably what all those digits delivered. PEMANDU emphasises the private sector [...]
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PEMANDU seems to be delivering on its lofty promise to transform Malaysia into a high-income nation by 2020 with extraordinary efficiency. 113 EPPs (Entry Point Projects) worth RM177 billion of investment and creating nearly 390,000 jobs have been announced. 97 of these are already underway and 1 is up and running. However, while gazes followed [...]
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REFSA Rojak
Crisps of the Week (20-26 Jan)
brought to you by Foong Li Mei REFSA Rojak is our weekly take on the goings-on in Malaysia. We trawl the newsflow, cut to the core and focus on the really pertinent. Full of flavour, lots of crunch, this is the concise snapshot to help Malaysians keep abreast of the issues of the day. Bovine [...]
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The first ‘D’ in DEEDS is for data. It is also the score PEMANDU gets for figures that “do not compute”. Behind the dazzling promises and public relations rhetoric surrounding the Economic Transformation Plan (ETP) is data that is dodgy. Some key numbers are not announced, and where numbers were revealed, they do not tally. [...]
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REFSA Rojak
Crisps of the Week (14-19 Jan)
brought to you by Sandra Rajoo REFSA Rojak is our weekly take on the goings-on in Malaysia. We trawl the newsflow, cut to the core and focus on the really pertinent. Full of flavour, lots of crunch, this is the concise snapshot to help Malaysians keep abreast of the issues of the day. Money matters [...]
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