• Phony boom waiting to go bust
  • Wong Ang Peng
  • 1205210619
  • Now that the heat and fury of the general election are over, it’s time to focus attention on the economy once again.

    Inflation, which has reared its ugly head, steals value. It is an invisible hidden tax that falls most heavily on the poor and the lower middle income groups.

    When price of basic food items rises by 15 to 40 percent, the value of currency is reduced by the same amount.
    • Ruling coalition targets inflation anger
    • Inflation likely to rise, warns Bank Negara
    • Foreign workers keeping inflation rate down
    • Media told to control coverage on inflation
    • Anti-inflation rally at KLCC next week
    • Three 'giga'-projects for election year
    • Fuel price hike will up inflation: think tank
    • Inflation hits 1.9 percent in October
    • Artificially low interest rate
    • Review 'economic corridor' projects