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Showing posts from September, 2010

Malaysia in tepid investment - World Bank

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Malaysia an ‘extreme’ example of tepid investment, says World Bank By Lee Wei Lian September 28, 2010 The World Bank is supportive of the reforms Najib intends to carry out. KUALA LUMPUR, Sept 28 — Malaysia is lacking in investment in human and physical capital leading to domestic savings greatly exceeding domestic investment, said a World Bank report. The bank noted that Malaysia, like its fellow middle-income neighbours Indonesia, Thailand and Philippines, is trying to move out of the middle-income trap but said it requires investment in infrastructure, equipment, education and skills in levels far exceeding what they are currently experiencing, which is well short of the Republic of Korea, Japan, and Singapore when they were at similar per capita income levels, when they were at the same development stage.“The slowdown in investment does not stem from a lack of savings—indeed, in all these countries, domestic saving exceeds domestic investment, resulting in external current…

Another Indigenous People Land about to Grabbed by Taib family

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Raziah Grabs Multi-Million Dollar Forest for just RM 250!Saturday, September 25th, 2010 GMTVictims of the Land Grab - Ibans of Kampong Ensika In an act of breathtaking meanness and greed the multi-billionaire Taib family are seeking to deprive impoverished Ibans of one of Sarawak’s last remaining hardwood forests, for a paltry compensation of just RM250 per family. Meanwhile, Sarawak Report has received exclusive new leaks which indicate that the Chief Minister himself stands to personally profit by a million times that amount (an estimated RM250,000,00) in corrupt backhanders from the deal. Raziah Mahmud and Quality Concrete HoldingsThis latest illegal raid on Native Customary Rights Land is being carried out by Quality Concrete Holdings Berhad, a company part owned and directed by the Chief Minister’s own sister, Raziah Mahmud. The Taibs, one of the richest families in Asia, have already started harvesting the timber, which is worth millions of US dollars, even though the …

Another Orang Asli church to be demolished

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Another Orang Asli church building in Kelantan under threat of demolition?September 17, 2010 I received the following media release, background facts, copies of letters and photographs from Suaram by e-mail about an hour ago.__________________________________Media ReleaseThe Christians in the Temiar village of Pos Pasik, about 70 km northeast of Gua Musang Kelantan, have been told by the Department of Orang Asli Affairs (JHEOA) that they have no permission to build a church on their land.On 20 May 2010, the village head wrote to the Director-General of the JHEOA to inform him of their plan to build the church in their village, half of whom have converted to Christianity in recent years.However, on 9 August 2010, the Deputy Director-General, writing on behalf of the D-G, replied that their “application” to build the church had been rejected and the community was asked to stop work on the building immediately.
The Orang Asli are not happy with this answer as they …