Search result for: "New Economic Policy (NEP)"


The Bamboo Network: Southeast Asia’s Quiet Engine of Chinese Capitalism

In Southeast Asia, the most influential economic system isn’t headquartered in a stock exchange or governed by a central bank — it’s woven into the daily rhythms of family-run firms, roadside stalls turned empires, and a resilient diaspora that has turned displacement into dominance
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The Malay Gentry

The Indonesian independence struggle was deeply intertwined with the roles of the Javanese Gentry, known as the Prijaji
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Politicians Come And Go, But The Elite Are Permanent In Malaysia

BANGKOK, Thailand: Governments do change in Malaysia. Each incoming administration will have its own narratives and specific agendas. However, policies will be generally very similar, and based upon the same principles as the previous government. In and around the executive and administrative government is a network of elite people, who collectively yield massive power. The actors can be seen in GLCs, corporations, royal households, civil servants, the judiciary, police, and within the executive itself. This massive power is however, hidden due to its fragmentation, and unseen influence its membership carries.
 
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PNB must justify miserable dividends from ASNB

KOTA KINABALU, Malaysia--Amanah Saham Nasional Bhd (ASNB), the wholly-owned unit trust company of Permodalan Nasional Bhd (PNB), has declared an income distribution of RM882.49mil for Amanah Saham Malaysia 2 - Wawasan (ASM 2 Wawasan) for the financial year ended Aug 31, 2022.

 

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The Brave New Woke World


BANGKOK, Thailand--Society has changed more over the last couple of years, than it has over the last fifty years. Similar events are occurring today, which are very similar to the seventies, but for different reasons. The Vietnam war was ideologically based, the libertarian and social justice movement believed in equality of opportunity for all, the nature of the oil crisis today is self-inflicted, and the world is seeing rapidly rising inflation due to the monetary and fiscal choices governments made over the last two years during the Covid-19 pandemic.

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Is There A Malaysian Deep State?

BANGKOK, Thailand--There has been much discussion about the existence of a deep state within Malaysia. This essay looks at its components. The deep state is not a unified and coordinated mechanism. It is heterogeneous and diverse. It is probably only bound together by a common narrative, sometimes interpreted differently. At different points of time, different aspects of this deep state exercise more power over the others. Other times, there is even conflict between the various elements.

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The Lost Malaysian Dream: The Struggle To Revive Multi-Culturalism

BANGKOK, Thailand--The Tourism Malaysian highlights Malaysia’s ethnic diversity as a unique strength. The website proudly espouses Malaysia as the only “one place where all the colours, flavours and sights of Asia come together.”  

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Putin's Game Between Friend And Foe

NEW YORK, U.S.--In his lightning trip to Beijing on February 4, Russian President Vladimir Putin signed a "Strategic Partnership" treaty with his Chinese counterpart Xi Jinping. The event coincided with the 20th anniversary of another "Strategic Partnership" deal that he had signed in 2002, with then US President George W Bush.

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How Malaysia’s Robber Barons Operate With Impunity

BANGKOK, Thailand--The term robber baron was originally made aware to me by educator and writer Dr Azly Rahman. Robber baron is a derogative US term to describe how the powerful 19th Century American industrialists and financiers made fortunes by monopolizing industries through engaging in unethical business practices, exploiting workers, and paying little heed to the law. 

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How The Malay Elite Hijacked Malaysia

BANGKOK, Thailand--With the United Malays National Organisation, or UMNO back in political power with a firm and dominating position to the other Malay-centric political parties, kleptocratic practises are on the rise once again.  

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The Dark Forces Changing Malaysian Society

BANGKOK, Thailand--Malaysia was once a harmonious society, where the different ethnic groups coexisted with a sense of community, and each ethnic group once openly celebrated festivals together. All the ethnic groups were free to express their cultures, and practice their religions without interference. Malaysia had a strong and stable government with a working multi-racial coalition. All of the nation’s citizens were once proud to be Malaysian.

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G25: Religious bills put Malaysia’s religious harmony in jeopardy

G25 is concerned over reports that the Perikata Nasional government's plans to table in Parliament a bill to amend the Syariah Courts (Criminal Jurisdiction) Act 1965 (Act 355) and a bill on the Control and Restriction on the Propagation of Non-Islamic Religions.

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