The pandemic has reduced economic activity, lowered incomes and increased unemployment for the vast majority of Malaysians and consequently, how much the government can realistically collect in tax revenues. Due to the mass uncertainties created by the pandemic, GDP and revenue projection becomes harder and more speculative the longer the COVID-19 virus and restrictive measures exist.
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Managing Public Finances During a Pandemic Econonmy
The pandemic has reduced economic activity, lowered incomes and increased unemployment for the vast majority of Malaysians and consequently, how much the government can realistically collect in tax revenues. Due to the mass uncertainties created by the pandemic, GDP and revenue projection becomes harder and more speculative the longer the …
Our Brain Needs A Breather
INSAP researcher Michelle Low analyses the latest C19 lockdowns, detailing growing Malaysian frustration, anguish, and worsening state of mental health over weaknesses in managing the pandemic and she has suggested learning from successful lockdowns in Italy, Taiwan, South Korea and New Zealand to the government. The writer articulates creating a …
UPSR TINGGAL SEJARAH; APAKAH KEUNTUNGAN BAGI SEKOLAH VERNAKULAR?
Ujian Penilaian Sekolah Rendah (UPSR) akan dimansuhkan mulai tahun ini. Fokus pendidikan akan memfokuskan kepada perkembangan kognitif melalui sistem pentaksiran yang baharu yang mana keberkesanannya diragui sebilangan ibubapa. sebagai alternatif sistem pendidikan yang lebih baik, sekolah vernakular telah menjadi ‘trend’ bagi kaum bumiputera kebelakangan ini. Pemansuhan UPSR dan keraguan pelaksanaan …
INSAP Short Poll – Full Lockdown
The alarming 6,806 Covid-19 cases yesterday and 6,075 cases on Wednesday have raised public alarm and many Malaysians now want the government to impose tighter restrictions or a full scale of lockdown. An INSAP Twitter poll drew 3,489 votes within less than 15 hours since it was launched. The public …
US-China Strategic Dilemma – Too Much War or Too Much Peace – The Ideal Way Forward
The present world is a bi-polar world with US as the superpower and China as the main rival. China has made great strides in military power, Science and technology, space applications, agriculture, International Trade, Services, Manufacturing, etc. It is closely following the US and has given a stiff competition to …
PEMERKASA: A BOTTOM-UP APPROACH TO ECONOMIC RECOVERY
The PEMERKASA initiative announced on Wednesday 17th March 2021 shows a reasonable level of assistance
and aid to vulnerable groups such as the recently unemployed and the self-employed who have lost significant
levels of income. Altogether the package is worth RM20bil and is focused on 20 strategic initiatives to boost
economic growth, support …
Revised Customs Duty: What to Expect?
On the 17th March 2021, the Minister of Finance, Tengku Datuk Seri Zafrul announced that an additional customs duty tariff is set to be imposed on several items of trade, in accordance with the Customs Duty Act 1967 (CDA). An export tariff of 15% is to be imposed on the …
Needs based policies promulgated but government itself not on same page
Malaysians were perplexed yesterday by news of yet another bailout of Malaysia Airlines (MAS) when its parent, Malaysia Aviation Group Bhd (MAG) revealed that sovereign trust unit Khazanah Nasional has committed to inject RM3.6 billion in new capital into the perennially loss-making airline. This latest bailout, coming after Finance Minister …
Govt’s task in improving livelihoods, eradicating poverty never ends, says Ti
PETALING JAYA: The government’s task in eradicating poverty and uplifting the economy to improve the people’s livelihood never ends, says Datuk Seri Ti Lian Ker.
Covid-19: No one left unscathed
The Malaysian Government should look at holistic management of the Covid-19 pandemic so that policies rolled out can benefit all strata of Malaysian society. An INSAP online survey, conducted over a week in January 2021, showed that the government needs to enhance its communications for Covid-19 efforts so that every …