Hmmm…i thought the BERSIH and HINDRAF rallies were supposed to scare off investors. But looks like domestic spending is strong enough to boost the economy and the investors not really worried about these rallies…or perhaps the rally attendees were the ones who boosted the economy with their expenses 🙂 » Read more: GDP grew during HINDRAF rally?
Posts Tagged ‘Economy’
GDP grew during HINDRAF rally?
February 28th, 2008
7.3 percent GDP growth in 4th quarter 2007
February 27th, 2008Being a layman, I wondered to my limited knowledge, what is this “domestic demand” that spurred at 7.3% growth. It think it has something to do with the string of festivals – Hari Raya, Deepavali, X’mas, plus the school holidays. This may also be due to contribution from tourist spending. » Read more: 7.3 percent GDP growth in 4th quarter 2007
World Competitiveness Yearbook 2007 results
January 31st, 2008The compilation of top 55 nations are available on IMD’s website at here (Scoreboard) and here (Overall Ranking Table) (both in PDF format).
Compared to 2006, Malaysia dropped a rung in overall rankings (22nd to 23rd) while it dropped two rungs (10th to 12th place) in terms of economic performance. » Read more: World Competitiveness Yearbook 2007 results
MIC to field young candidates
January 18th, 2008SV already sensed that some of the oldies have been rejected by the people. so, no choice but to field new faces.
He said many Indians were involved in unhealthy activities such as crime, mainly because of insufficient employment and educational opportunities.
– is this a new finding by MIC? Bravo…clap…clap…clap…
MIIC to field several 'young, energetic' candidates
IPOH: The MIC will make major changes in its list of candidates for the upcoming general election.
Party president Datuk Seri S. Samy Vellu said yesterday several new faces would be in the list.
He said this would include the "young and energetic" but warned that the candidates needed to be intelligent, approachable and equipped with the "necessary qualifications" as well. "Nominating young members as candidates does not mean that all new faces will be youngsters. It will be a mixture of old and new faces. "The candidates should be responsible and be able to work hard to upgrade the socio-economic status of the community," he said before meeting Perak MIC division and branch leaders here yesterday.
On the meeting, Samy Vellu said it had nothing to do with the general election but to "entrust them with duties and services to keep abreast with the current political scenario". "The role of leaders must be in line with the needs of the community and members must bring forth new ideas for the future and not be left behind with outdated approaches."
Samy Vellu said a conference to be attended by leaders from the 3,600 MIC branches would be held in Kuala Lumpur on Feb 3. Several resolutions on education and the economy would be tabled at the conference which will be opened by Deputy Prime Minister Datuk Seri Najib Razak.
Earlier in Kuala Lumpur, Samy Vellu said the MIC had drawn up a three-pronged plan to help the Indian community and steer the young away from undesirable activities. He said the plan, to be implemented over the coming months, would stress vocational and skills training for the youth and helping Indians in business.
He said many Indians were involved in unhealthy activities such as crime, mainly because of insufficient employment and educational opportunities.
"I will meet youth from Cha'ah in Johor, Sitiawan and Teluk Intan in Perak over the next two months to understand their problems and seek their views."
PM to talk on managing multiracial country
January 14th, 2008As long as economy is well, public won't complain much. As long the majority are taken care of, there overall situation will be fine.
Not sure if PM will be asked to talk/comment about illegal conversions, apostasy, banning of books/movies, temple demolition, forced wearing of tudung/songkok, etc.
PM to tell how KL bridged racial-religious gaps
By MERGAWATI ZULFAKAR
MADRID: Malaysia will get to share with other world leaders its experience as a successful moderate Islamic country with a multi-racial society and serve as an example to other nations.
Prime Minister Datuk Seri Abdullah Ahmad Badawi, specially invited to the First Alliance of Civilisations (AoC) annual forum here from tomorrow will explain how Malaysia was able to bridge the religious and racial gaps among its people.
The two-day forum, to be opened by the President of Spain, Josi Luis Rodriguez Zapatero, will be attended, among others, by Turkish Prime Minister Recep Tayyip Erdogan, United Nations Secretary-General Ban Ki-moon and former Portugal President Jorge Sampaio, who is also UN High Representative for AoC.
Malaysian ambassador to Spain Datuk Naimun Ashakli Mohammad said the Spanish Government had cited Malaysia as a successful Muslim country, which practised a democratic process that could be emulated by others.
Naimun said the forum organisers had invited the Prime Minister to be one of the panel members in a plenary session to discuss the topic The Alliance of Civilisations: Managing Diversity in the era of Globalisation.
Abdullah, who arrived today, is also expected to hold bilateral discussions with Zapatero and extend an invitation to the Spanish leader to attend the third International Conference on Islam and the West in Malaysia.
The conference to be held on June 9 and 10 is in line with the Malaysian government’s aim to create an alliance among civilisations through the involvement of governments, scholars and civil society.
The two leaders are also expected to touch on the situation in Myanmar and West Asia.
On trade ties, Naimun said trade volume amounted to RM3.7 bil, in Malaysia’s favour, between last January and October. Malaysia exported telecommunication equipment, electrical goods, vegetable fats, textile and rubber gloves.