Penang open tender spree shows up Putrajaya
By Lee Wei Lian from The Malaysian Insider The Penang government’s open tender spree in the past few months could put the federal government in a bad light as both strive to show the public that they stand for transparency and excellence. While both have initiated efforts to make procurement more transparent to the public,...
Former Malaysian minister Ling charged with cheating over PKFZ
By Lee Wei Lian from The Malaysian Insider Tun Dr Ling Liong Sik was charged with cheating here today over the scandal hit Port Klang Free Zone (PKFZ) project. The prosecution of Dr Ling comes as a huge shock and is expected to have repercussions for MCA as he is still considered a kingmaker in the party. Dr Ling is believed...
Jim Rogers predicts a new recession in 2012
By James Quinn from Daily Telegraph Mr Rogers, the respected currency trader and hedge fund pioneer, cautioned that when the downturn takes hold "the world is going to be in worse shape because the world has shot all its bullets." Speaking in an interview with business television channel CNBC, the septuagenarian investor...
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