That's too little...can potentially increase to at least RM500 mil per year ✓Ban disposables and pre-filled pods ~ that's the kids go to. ✓ Regulate e-liquids production & sales ✓ Control vape shops tightly

“Governments and central banks were quietly admitting something they were still reluctant to announce publicly: the extraordinary power of private-sector banks lending to determine the pace of money creation, and therefore economic growth.” -Mariana Mazzucato

Acyn 🤷🏻‍♂️🤷🏻‍♂️

We won't have to spend days arguing about MegaProjects if the Gov follows this proper process ~ transparency & proper governance. No more hidden debts on White Elephant projects

Unfortunately, the mice of low public transport ridership, inadequate bus network and operational issues are still unresolved Time for major revamp

Penang LRT RM16.8b ceiling ; 1️⃣ Does this budget include interest during construction ( IDC ) & feeder buses? 2️⃣Is a contingency (optimism bias) sum provided? With no full design & soil tests yet, at least 15% should be allowed. No more drama, just straight answers.

ETS is not under Prasarana What data are you talking about?

Vietnam has more oil than us. But we have more gas than them

But you are happy with the CEO performance?

The MRT3 Debate Them: “MRT3 will complete the loop and double ridership. Just look at traffic on MRR!” Me: Circle lines in most countries contribute only ~12% of ridership. Them: “Apples to oranges. Cannot compare!” Me: But MRT3’s own forecast is just 180k/day (~18% of

Very good read...

RM 8.9 billion is the actual debt that Prasarana itself owes to lenders. RM 41.36 billion reflects the amount the government has guaranteed—meaning if Prasarana cannot meet its obligations, the government is responsible for stepping in. The total figure of approximately RM

That's exactly what my group was modelling for China vs Malaysia 20 years back

Predicting the future is tough. We underestimated China v Malaysia. Will we underestimate Vietnam v Malaysia. It is not only growth numbers ~ quality of the growth is the key. And education trajectory.

Rafizi Ramli At least someone with guts is once again addressing the elephant in the room while other MPs are quiet and happily pretending nothing unjust has taken place.

Barulah fair fight...

Silly to blame low fares. The real issue is lower than forecast ridership Why ? Main reason is lack of integration with the bus service including first and last mile. KPI must focus on increasing ridership. Higher fares may actually reduce ridership

Take time to distinguish between financial vs socio-economic feasibility. Only projects with minimum socio-economic returns deserve subsidy. Public transport options go beyond MRT & LRT — each must be evaluated on merit.