
Bank Negara raises growth forecast to 6.0-6.5 pct, eases forex rules
The government today raised its economic growth forecast this year to 6.0-6.5 percent after a stronger-than-expected performance in 2003 and announced sweeping relaxation of foreign exchange rules to woo investors.
The former Keadilan deputy president claims that even without election irregularities, both parties would have suffered crushing defeats.
The menteri besar announces that the post has been scrapped to reduce politicking thus ensuring that attention is given to work.
Prime Minister Abdullah Ahmad Badawi is expected to announce an enlarged cabinet tomorrow after his landslide poll victory.
Mursyidul Am PAS kecewa dengan laporan televisyen pada malam hari keputusan pengundian yang menghebahkan Barisan Nasional (BN) telah menang di Kelantan.
Older party chiefs such as MIC's S Samy Vellu and Gerakan's Lim Keng Yaik should make way for younger members to join the new cabinet as these new faces can contribute fresh ideas.
The party chairperson also calls on the new premier to change the system if he intends to fight corruption to its core.
The absence of the former premier is the catalyst behind the sterling performance of Barisan Nasional and the liquidation of the opposition, says JOSH HONG.