Ah Jib Gor-nomics: Mahathirism revisited



YOURSAY'This is no some-more than a mega-subsidy scheme for commercial operation as well as industry. Yet Najib wants to cut oil as well as alternative subsidies.'

Tun Razak Exchange: A soon-to-fail mega-project?

your sayOng Guan Sin:From a PM who is well known to buy off a citizens with a RM500 handout, do not be astounded if, being so unfortunate for a failing plan with his late father's name upon it, he relates a same to a prospective investors, usually which it will be RM500 million apiece.

Malaysia is indeed doomed with a PM who is unfortunate as well as indiscreet with open funds.

Bob Teoh:This is no some-more than a mega-subsidy scheme for commercial operation as well as industry. Yet Najib Abdul Razak wants to cut oil as well as alternative subsidies. This is simply Ah Jib Gor-nomics.

The finish result is which his reign will be a larger disaster than Dr Mahathir Mohamad's as it costs really most more.

Paul Warren:When The British gave us our Merdeka, they gave up a cost of administration as well as provision of security, though kept for themselves a income generating assets of a coun! try.

Umno is only doing a same. Committing a nation to outrageous future expenditures though contracts have been given to crony Umno companies.

So what does it make a difference if Pakatan Rakyat wins? They can lift a weight of costs of running a country. Umno continues to receive a good of income generating assets as well as income generating! contrac ts entered in to now.

Just similar to a British when they gave us autonomy as well as yet kept for themselves all a plantations as well as tin mining companies.

JomUbahUbah:I entirely agreed with DAP national broadside arch Tony Pua. This will be an additional large white elephant from our Mr Flip Flop. It's time to opinion out a hurtful Umno as well as BN.

NasiLemak:Malaysiakinihas a bizarre set of readers. Everything is wrong for them in this country. They consider PKR as well as DAP have been always right.

Look during corruption in Selangor. Four years ago, open income was used to bail out former Talam chairperson Chan Ah Chai. No corruption? It's fine to do this?

PKR/DAP in energy will be worse. It's bad as it is when they have been not yet in power.

Foodforthought:NasiLemak, we too have been a bizarre feller, a facts have been slapping we in a face as well as yet we exclude to admit them.

Raja Chulan:This is yet an additional contractor/construction-based mega-project where a income will be wrinkled out up-front during a building a whole proviso by Umno statesman as well as cronies.

Thereafter a white elephant will be left there for taxpayers to purify up a disaster later. This is a same tactic used over as well as over again by a Umno supervision to suck a rakyat's red blood as well as sweat.

Telestai!:What Najib failed to recognize is which when we foster a monetary hub, we do not need a dedicated district since in a age of IT, earthy vicinity is no longer an issue.

Rather, what is vicious is accessibility of tellurian resource. If we do not have it, we can import though can we attract talent to work in Malaysia?

Singapore is an glorious example of a monetary heart though notice which it hasn't got a special district for it. Yet many international monetary institutions similar to banks as well as insurance/re-insurance compan! ies have relocated there.

With glorious infrastructure, low taxation rates, tall quality dwellings, it is easy to see since they do not need a monetary district.

Anonymous #43051382:We Malaysians know which all these mega-investment proclamation have been only honeyed nothings which go in to our ears. The billions as well as billions in investment have been only to emanate a feel-good atmosphere... that's it.

Nothing solid will come out of those announcements. Indeed, a choosing is really near.

Anonymous_3e86:The bigger a project, a larger a kickbacks. Like all a alternative mega-projects, this one will most likely finish up as a mega-white elephant. Has Labuan been recognised as a successful monetary hub? Did it surpass Singapore?

Ferdtan:The gov! ernment suspicion which by only changing a name as well as voila, we hereby have a transformation as well as a new brand.

If it is so easy then we do not need dear consultants. Najib, please tell us what is new, alternative than a common taxation incentives?

When investors deposit their millions, they demeanour for long-term benefits. They demeanour during a domestic situation, share structure (now they have been singular to 30 percent), a accessible qualified workers as well as a reasonable palliate to do commercial operation without encumbrance by bureaucracy as well as corruption.

Other smaller factors embody either it is a protected place to work, with no worry of crimes as well as restrictions upon foreign experts authorised to work in a country. It is not all about monetary incentives.
Dumb&Deaf:Tony Pua has brilliantly put his finger upon a large problem: these BN dinosaurs have been trapped in an analogue time-warp, no make a difference how lustful they have been of dropping catch-phrases similar to "K-economy" or "Internet savvy".

It's virtually unfit for them to consider outside a box since they have been a box!
Odin:I determine with Tony Pua which this plan is highly unlikely to succeed. Only some 400km south, there is a great monetary centre already.

There, a supervision is roughly 100 percent purify similar to a city. There, we do not find extremist groups causing all sorts of problems. There, we do not find racists as well as eremite bigots irritating as well as provoking those not of their kind as well as religion.

There, hurtful politicians have been so few as well as far between as to be non-existent. There, life is so most better! not only! for a locals though additionally for expatriates. - Malaysiakini
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