Here is Wong Chen’s interview with CNBC, filmed last Thursday and just aired yesterday.
In this three-minute segment, he covers:
– Improving long-term investor confidence, a zero-GST plan, and higher wages to solve Malaysia’s fiscal problem;
– Targeting Malaysia’s rural voters: how Mahathir’s involvement with help gain rural votes; and
– Malaysia’s coalition politics.
Hello! Tania here, and with Megan away until December, I’m back on duty for Monday Night Chat with Wong Chen.
This week, Wong Chen brings you daily updates from Parliament (yes, he has perfect attendance). Find out what’s been happening in our country’s supreme (in theory, at least) law-making body as it sits for the second time this year.
We’re so glad to welcome on board Tina Lai as P104’s newest staff/officer/researcher/writer/driver/peacemaker/videomaker (she edited her own segment herself!), i.e. one-leg-kick-all. She makes a quirky, merry appearance for less than a minute, but you’ll certainly see more of her from now on.
Wong Chen wraps it up with Q&A, ending with his thoughts on Pakatan Harapan chairperson Dr. M.
Learn all about, in under 10 minutes [or less if you skip to timestamps]:
– Last Week in Parliament: 24–27 July 2017 in daily reports [00:26]
– Staff Intro: Valentina Lai [05:06]
– Q&A: Donations to Rafizi for RM300k NFC fine; legislating Uber and Grab; Mahathir as PH chairperson [06:03]
According to pro-government blogger Lim Sian See, “All four major KL public transportation projects initiated by Mahathir [KL Monorail, Putra LRT, Star LRT, Intrakota Bus Services] were given to private companies via concessions and then promptly went bankrupt. The government had to bail out all of them. …Compare this to Najib’s transportation projects LRT1 extension, LRT2 extension and now the recently launched MRT 1 SBK, which are all in the hands of the government, do not have concession agreements that require periodic fee increases and were all delivered either on time and on budget or ahead of time and below budget.”
“Lim Sian See is making an unfair comparison because the Mahathir transport projects were privatisations that over time, went bad; whereas Najib’s projects are owned by the government and are new. Only time will tell if these Najib projects will create cost-effective economic multipliers.
“If Lim Sian See wants to criticise Mahathir, I feel it is his right to make fair comment, but to then say that Najib is better than Dr. M is completely unproven. Nobody in Malaysia believes that Najib is better than Dr. Mahathir when it comes to infrastructure development. One thing is certain: the Najib government has never definitively declared the cost of his mega transport projects and the costs keep rising and changing. The market consensus is that Najib’s transport projects are overpriced.”