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Posts Tagged ‘Malaysia’

News Flash : Malaysian Man Wins $236M Lottery

07 May

Malaysian national Wan Bee Gwin, from Tambun Tulang, Perlis, is all smiles after winning RM 720,000,000 in the local lottery, an amount equivalent to about $236 million Australian dollars.

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Posted in Politics

 

Sugar, Sugar

02 Feb
White Sugar

Sugar Subsidies - Bad or Good?

The Malaysian government subsidises a number of goods, to keep the prices at certain levels. Unfortunately for them, commodity prices have risen in recent years. So, they announced last week that they would increase the sugar subsidy to compensate. They were quick to say that the decision is to “ease the people’s financial burden,” and is nothing to do with the fact that there’s an election coming up.

However, that’s just silly. If they really want to “ease the people’s financial burden,” they should completely scrap the subsidy, not raise it.

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Posted in Economics

 

Is Australia’s Economy In Trouble?

15 May

Australia seems to have emerged from the Global Financial Crisis relatively unscathed. However, I recently read something that made me wonder – are we really in good shape at all?

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Posted in Economics