Economy

Support Pakatan Rakyat National Agenda Of Fighting The Economic Recession

DAP urges all Malaysians, especially in Kuala Terengganu, to support Pakatan Rakyat national agenda of fighting the economic recession by having good governance, reducing the petrol price to RM 1.20 per liter and a RM 50 billion economic stimulus package. The Kuala Terengganu by-election will be a good indicator to gauge the people’s support, especially …

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Protect Workers Rights By Cancelling The RM 5 Billion Injection Of EPF Funds Into Valuecap

Protect Workers Rights By Cancelling The RM 5 Billion Injection Of EPF Funds Into Valuecap Following The Federal Government’s Failure To Convince EPF Members That It Will Not Be Used To Bail Out Politically-Connected Parties. I have received many queries and expressions of concern by workers from Penang about the security of the government injecting …

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Peruntukan Pembangunan Persekutuan Di Negeri Pulau Pinang Tidak Sepadan Dengan Cukai Yang Dibayar Oleh Rakyat Pulau Pinang

Ketua Menteri Pulau Pinang, Y.A.B Tuan Lim Guan Eng menegaskan bahawa peruntukan pembangunan Persekutuan yang disalurkan oleh Kerajaan Persekutuan kepada Negeri Pulau Pinang seharusnya setara dengan cukai yang dibayar oleh rakyat negeri ini. Menjawab kepada soalan lisan Lim yang juga Ahli Parlimen kawasan Bagan di Dewan Rakyat, Timbalan Menteri di Jabatan Perdana Menteri, Y.B. Dato’ …

Peruntukan Pembangunan Persekutuan Di Negeri Pulau Pinang Tidak Sepadan Dengan Cukai Yang Dibayar Oleh Rakyat Pulau Pinang Read More »

Irresponsible And Immoral For The Federal Government Or Any Other Party To Earn RM 16 Million A Day By Manipulating Petrol Prices

Malaysians would consider it irresponsible and immoral for the Federal Government or any other party to earn RM 16 million a day at the people’s expense by merely manipulating petrol prices that does not reflect the plunging international price of oil which is currently at around USD 40 per barrel. Since July 11 when a …

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The Public Shall Judge Whether MPSP’s Expenditures Benefited Public Interest.

Details of Seberang Perai Municipal Council’s (MPSP) shocking RM 223.7 million losses in reserve funds over nine years from 2000 to 2008 are revealed together with significant development expenditures. The public shall judge whether such expenditures benefited public interest or is just another sad example of BN’s cronyism, mismanagement and money politics. From an accumulated …

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Najib Should Allow The People To Benefit From The RM 10 Billion In Fuel Subsidy Savings

Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad’s revelation that the government no longer need to subsidise petrol with the drastic fall in global oil prices highlights BN’s lack of responsibility in refusing to further reduce petrol prices from RM 2 to RM 1.62 per litre. Shahrir said that at US$65 (RM235) per …

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The Federal Government must approve a Rm200Million interest-free loan and Rm5Million grant to preserve and promote George Town

(Photo Archieve, DAP Publicity) The Federal Government must approve a Rm200Million interest-free loan and Rm5Million grant to preserve and promote George Town which belongs not only to Penang alone but also all Malaysians and the world. On its own the Penang state government will allocate Rm1Million state money to provide education and measures to preserve, …

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Urge The Federal Government To Adopt Anti–Recessionary Measures

The Penang State Government is willing to work with the business community to urge the Federal government to adopt anti-recessionary measures by implementing a RM 48 billon fiscal stimulus plan, reduce wasteful spending on non-essentials and remove red-tape to increase revenue, cut down costs and improve productivity. In this regard, I welcome the move made …

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Malayan Banking Bhd May Have to Make Higher Loan Provisions Of Up To RM 5 Billon

Maybank may have to make a higher loan provisions of up to RM 5 billion from the over-priced purchase of Pakistan’s MCB Bank and BII and not only the RM 242 million for its investments in MCB. Maybank had paid RM 10.8 billion to purchase two distressed foreign banks at twice their present value – …

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Abdullah didesak supaya meluluskan peruntukan sebanyak RM10.26 Billion kepada negeri Pulau Pinang.

Saya sebagai Ketua Menteri Pulau Pinang mendesak YAB Dato’ Seri Abdullah Bin Haji Ahmad Badawi, Perdana Menteri Malaysia supaya meluluskan peruntukan sebanyak RM10.26 Billion kepada negeri Pulau Pinang sebelum menyerahkan jawatan Perdana Menteri kepada YAB Najib Tun Razak pada bulan Mac tahun depan. Selepas menerima penamaan yang secukupnya dari UMNO, Najib Tun Razak menang tanpa …

Abdullah didesak supaya meluluskan peruntukan sebanyak RM10.26 Billion kepada negeri Pulau Pinang. Read More »

A Testimony Of The Confidence Of Korean Investors In Penang’s Future

The US$ 100 Million Golf Course In Batu Kawan Is A Testimony Of The Confidence Of Korean Investors In Penang’s Future Despite The Global Financial Crisis And Belief In Our Commitment To Transforming Penang Into An International City. The Penang state government welcomes the signing of the MOU between PDC and DK ENC to build …

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