Wednesday, June 29, 2022

Rational measures on chicken price better than unsustainable populist moves - The Mole

The way forward is for market player and government to collaborate on a price control mechanism and at the same time, allow industry to adjust itself. The chicken price could be floated with commitment from industry to off load their chicken stockpile to cap price at below RM10.50 per kilo. This way subsidy could be minimised.

The Mole

June 28, 2022  

The technical committee to address food security issues met on Tuesday to discuss the new chicken price ceiling for July to September.

It was jointly chaired by Agriculture and Food Industry (MAFI) Minister Datuk Dr Ronald Kiandee, Domestic Trade and Consumers Affair Minister Datuk Seri Alexander Nanta aas well as Chief Secretary to the Government Tan Sri Md Zuki Ali.

The recommendation will be brought forward to the Cabinet and an announcement is due after their weekly meeting Wednesday.

After last week’s flipped announcement by Alexander Nanta to float the price of chicken, the Cabinet flopped back three days later with Prime Minister Datuk Seri Ismail Sabri Yaakob himself announcing the cancellation. All eyes await the Cabinet’s decision tomorrow.

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Wednesday, June 22, 2022

Another proof Muhyiddin interfered in court matter

At the rate Bar Council is clueless to rile up support to defend Justice Nazlan Ghazali for his bias judgement in the SRC case, the possibility of Dato Najib getting a mistrial is as good as sealed. It will prove that Mahathir, yet again, interfered and manipulated the judiciary. 

It is pointless to repeat the list of issues mentioned too support the view as it has been repeatedly discussed at length. The integrity of judiciary is tarnished whether judgement on Najib remain or mistrial declared. 

Better for Federal Court to acquit and face up temporarily to public critics, but its not as badly damaged that investors lose trust with the Malaysian judicial system.  

Meanwhile, Muhyiddin repeatedly said he does not interfere in the judicial affair and allow 1MDB cases takes its own course. Unfortunately it was never believable because of his vindictive and manipulative politics. 

More so, his own lawyer, Rosli Dahlan was instrumental in the long list of civil suit made by SRC and 1MDB. Initially a long list was named as defendants, but eventually the list was shortened including withdrawing known accomplices of Jo Low that it was too obvious it was targetted at Najib. 

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Tuesday, June 21, 2022

Ledger-gate: Is the real swindler NOT charged?

The ledger-gate case involving Zahid Hamidi and Ultra Kirana Sdn Bhd (UKSB) reminded police officer, Joeking Saiful (his FB nicname) as resembling the movie The Untouchable

The infamous Chicago mobster Al Capone was imprisoned due to record evidence of his illegal transactions and the bookkeeper verified 

The books of UKSB had long been a subject of conversation within the political circle. There were many speculations then as to why the company in which known "political Treasurer" for Khairy, Wan Quoris @ Wan Badak is a Director, implicated Zahid. 

For one, it is known that the company was awarded the contract to handle the overseas visa during Hishamuddin's tenure as Home Minister. And, the rumour mill had long been talking of people linked to Hishamuddin and Khairy been receiving political contribution from Wan Badak. 

So when the 15th witness, Henry Lee Viu Khium testified in court that Zahid been receiving "political contribution" of few hundred thousand Singapore dollar cash monthly and totaled over the years to be more than S$13.5 million, it is taken with a pinch of salt. 

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Wednesday, June 15, 2022

U turns making Friday's protest a Walk of Contradiction

Bar Council will be holding a Walk of Justice this Friday, June 17.  That was the decision of its recently held EGM. 

It was intended to protest MACC investigation of Justice Nazlan Ghazali under the pretext of interference on judiciary. However, the outcome of the EGM did not turned out the way Ambiga claimed it to be. 

Former Bar Committee member, Lukman Sheriff revealed there was no resolution passed to that effect. Resolution on the non-constitutionality of the investigation was rejected. There was allegation made against MACC for revealing name of judges but it did not occur. The Bar was desperately grasping for an issue to fault and did a volte-face (U-turn).      

It explained for Dato Mah Weng Kwai's own volte-face two days before MACC announced completed investigation. He called for investigation on Nazlan be made known despite being vocal to protest the  investigation of Nazlan and call on lawyers to support the protest.

Mah is not the only one. Current President Karen Cheah lashed out at critics for not demanding Nazlan to recuse, but yet volte-face on the cause for the protest. 

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Wednesday, June 8, 2022

Could it be Adlan Tajuddin to replace Izaddin?

The surprise resignation of Izaddin Idris as Axiata Group CEO was initially speculated to be linked to Tune Talk's lawsuit against the transfer of Celcom interest in the MVNO to any merged entity of Celcom-Digi. [Read ABITW here.] 

It was then speculated to be due to Izaddin's resistance to Government's DNB plan and aligning Celcom Axiata with the U Mobile cartel led by Vincent Tan. 

Khazanah is looking for possible successor to Izaddin and it should be one that will not resist the government's DNB plan for the 5G rollout. Rocky Bru here mentioned former Celcom CEO, Shazally Ramli and current CEO Idham Nawawi as possible choices. Adlan Tajuddin is another possible name left out. 

Adlan was appointed edetco group CEO in November 2020 following the sudden resignation of Suresh Siddhu. His experience in leading edetco would be useful for Celcom to play a prominent role in the development of 5G infrastructure with DNB.   

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Sunday, June 5, 2022

Reviving the economy: Its back to basic productivity

What Does it Take For The Country To Have A Strong And Healthy Economy?

We should take note that no matter how good the government’s policy on the economy is, if we as individuals are not productive, the country will continue to suffer.

Of late, we have been hearing netizens complaining about the country’s economy not being in good shape. The reason and examples given were aplenty but the most common ones were a weak Ringgit compared to Singapore and US Dollar, inflation and high national debts. 

These are all some of the indicators of a weak economy but not always true. You can refer to the following articles: See here, here and here …

To understand economic growth we have to get back to basics. It works in all aspects and not just economy. Essentially, the four elements of economic growth are natural resources, human resources, capital and institutional factors. And of course the government economic policy on all these is important. 

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Thursday, June 2, 2022

Axiata CEO's mysterious resignation

... In the meanwhile, Dato Izzadin Idris has resigned as President and CEO of Axiata Group with immediate effect yesterday. Celcom Axiata together with Digi, Maxis and U Mobile wants a 51% stake in DNB. The telcos agreeable to DNB are YTL and Telekom. 

Apparently, Khazanah owned telcos have diverging view on DNB. Will Izzadin's departure open up Celcom to the possibility of supporting Government's 5G effort?

Edge here reported Ralph Marshall below: 

“Basically if you don’t come in, we just have to open up the market,” Marshall said last week at his office in Kuala Lumpur. “The principle is accelerating the deployment and adoption of 5G in the national interest.”

Izzadin's resignation certainly raised a question. It is not so much the joint temporary CEOs are not Malaysians as the vernacular social media are concern off. 

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New blog anthem: Thick as a Brick

Really don't mind if you sit this one out.

My words but a whisper your deafness a SHOUT.
I may make you feel but I can't make you think.
Your sperm's in the gutter your love's in the sink.
So you ride yourselves over the fields and
You make all your animal deals and
Your wise men don't know how it feels
To be thick as a brick.

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