The Star: Government goes easy on financial sector PUTRAJAYA: The Government will issue up to nine new banking and insurance licences until 2011 and allow foreigners to own up to 70% equity in the country’s Islamic banks, investment banks and insurance companies. Prime Minister Datuk Seri Najib Tun Razak said the liberalisation package, comprising six thrusts, was aimed at enhancing Malaysia’s linkages with international economies. I read this news with mixed feelings and many questions. I am not an expert in this field so my comments will only be based on my limited understanding of the subject. Although I tend to be an optimist, but reading the announcement by Prime Minister cum Finance Minister Najib Tun Razak, I can't help but ask; is it financial liberalisation or an economic imperialism in the offing? Yes, we are facing the worst economic recession in history. Yes, we need more Foreign Direct Investments (FDI). But I have strong doubt about allowing foreigners to own majorit...

From Raden Saleh, Tun Perak, Abdul Samad Amjah to Mawdudi and Hamid Enayat Visiting the KL book fair has become part of my annual routine for the past 5 years or so. I've lost count how many books lying on my shelves that I haven't read or waiting to be read and yet, today I bought another five books. Well, I guess that is fairly normal for a bookworm, isn't it? Out of the five books, I am particularly interested in "Raden Saleh: Anak Belanda, Mooi Indie & Nasionalisme" ( Komunitas Bambu , 2009) by Harsja W. Bachtiar, Peter B.R. Carey and Ongkokham. It's in Bahasa Indonesia by the way. Many thanks to Gerak Budaya and SIRD for bringing in excellent Indonesian books to our shores. Browsing through the pages of Raden Saleh Syarif Bustaman, a 19th century Javanese aristocrat, scientist and one of the greatest Indonesian painter; I had a lot of questions running through my mind. I began to wonder whether there exist such a distinct intellectual within the Mala...

theSun: Fairus resigns as Penanti assemblyman; Another by-election imminent Opalyn Mok GEORGE TOWN (April 16, 2009) : Former Penang deputy chief minister Mohammad Fairus Khairuddin yesterday resigned as Penanti state assemblyman, confirming weeks of speculation that a by-election for the Penanti state seat was likely. In a press statement, Mohammad Fairus, 33, said he took this step to resign as a state representative to protect the interest of his party, Parti Keadilan Rakyat (PKR). Bernama: PKR Wants To Find Deputy CM In Penanti KUALA LUMPUR, April 16 (Bernama) -- Umno Supreme Council member Datuk Dr Awang Adek Hussin said the Penanti state by-election in Penang is just an avenue for the Parti Keadilan Rakyat (PKR) to find a candidate for the post of Penang Deputy Chief Minister I. I think it's no longer a secret that Parti Keadilan Rakyat (PKR) is filled with bunch of underqualified and low quality wakil rakyats. That a by-election is needed just for the sake of getting a new D...

Proton unveils its first MPV KUALA LUMPUR: Proton Holdings Bhd unveiled its first multipurpose vehicle (MPV), the Exora, to the public in a gala event here Wednesday night. Launched by Prime Minister Datuk Seri Najib Tun Razak, the 1.6-litre Exora has already received orders of 2,500 units, even before its public unveiling. The seven-seater -- Proton’s most important model for the year -- also marks the company’s entry into the MPV market, which is growing domestically and regionally. The Exora is a result of an investment of RM450mil and 18 months of intense in-house research and development, the company said. It is powered by a 1.6-litre CamPro CPS engine with 125bhp and torque of 150Nm, and is available in a four-speed automatic version, in trim levels of Mid-Line and Hi-Line. The Mid-Line Exora costs RM69,998 and the Hi-Line variant, RM75,998 for the metallic colours. Click here and here for a full review of Proton Exora by Anthony Lim and Paul Tan. Image source: star-motoring.co...

Today, I found out that one of my blog traffic came from The Edge . Curiously enough, I clicked on the link, and saw a commentary of the so-called post mortem of the recent tri-election, containing blog posts from around the local blogosphere. So, thanks to The Edge journalist, Lam Jian Wyn for quoting and mentioning this humble blog in your article; ' Tri-election post-mortem '. Written by Lam Jian Wyn Wednesday, 08 April 2009 15:30 The tri-election fever is gone, sort of. In the wake of the results – 2 to Pakatan, 1 to Barisan – are a slew of blogposts. While some bloggers were wasted from the election frenzy, the blogosphere’s pundits wasted no time in dissecting the results. BN’s defeat in the peninsula was clearly met by some with disbelief. A Voice was disappointed with the component parties of BN. “Much to my chagrin, the Chinese vote did not sway for BN. Did MCA or Gerakan failed to deliver for BN? Does it indicate MCA and Gerakan as being no more relevant to the Ch...

NST - Saturday, 11 April 2009 "Just because you're in the cabinet doesn't mean I'm going to keep quite, you know...?" Tun Dr. M to son, Mukhriz. Read between the lines. Hehe. Picture above is the latest cartoon by Lat in today's NST. Lat has never failed to disappoint me with his political cartoons long since I was in primary school. If there is one reason why I still read the NST, it must be because of Lat's cartoons, besides Johan Jaafar and Lt. Gen. (Rtd) Zaini Said's weekly column. Other than that, NST has nothing much great to offer.

Utusan Malaysia: BN 1, PAS 1, PKR 1 According to the news headline above, it seems that BN didn't lose after all! :P Let's be fair to Utusan. Being a pro-establishment paper, definitely some kind of a political spin were to be expected, but who would've thought such a thing? I must commend those people in Utusan for putting up such a creative headline. No, seriously I mean it. Hehe.