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Monday, May 6, 2019

Core of May Fourth Movement still relevant in China today

Illustration: Liu Rui/GT

May 4, 1919 is the day the world changed forever and the Chinese will never forget
 
https://youtu.be/N6vFFK91prE
Jeff J. Brown Published on May 5, 2019 Pictured above: the May 4th uprising in China started in Beijing, with 3,000 angry students marching on the streets. They helped fan the flames of revulsion against Western imperialism destroying their people with drug cartel opium, while raping and pillaging their national resources. Within days, tens of cities around the country were filling the streets and began demanding Marxist socialism and the dream of communism for their future. It took thirty-five million martyrs over the world’s longest civil war and they were finally victorious in liberation from colonialism in a Free China, on October 1, 1949. Humanity has never been the same since. Source article with all the images and hyperlinks: https://chinarising.puntopress.com/20... Much more at www.chinarising.puntopress.com, http://chinarising.puntopress.com/201... and http://apps.monk.ee/tyrion

https://youtu.be/kIq5bjE_Hgw

It has been 100 years since the May Fourth Movement, but to this day, the movement is still reminding Chinese people of the history while influencing today's China.

However, some have deliberately divided patriotism from other keywords in the May Fourth Movement, an obvious deviation from the direction and implication of the May Fourth spirit.

The pursuit of prosperity and a strong nation has always been the movement's historical theme and spiritual core, which constituted a key historical background and core proposition for the movement's other themes, including enlightenment, science and democracy.

It was precisely due to this strong desire - leading the country to rise in the modern world - these significant themes related to democracy and science, needed for solving China's problems, have been developed.

It should be noted that this movement was triggered by China's weakness in international prestige and incompleteness of its national sovereignty at that time. Throughout the May Fourth period, Chinese pioneers' thinking was based on the country's historical situation and national mind-set of misfortunes.

The core theme of the May Fourth Movement lies in the deep understanding of China's plight and the strong desire for the country's prosperity and development in the modernization process. Patriotism is the foundation of the May Fourth spirit and the backbone of other spiritual elements.

Pioneers of the May Fourth Movement clearly recognized that the basic composition of modern society is centered on the modern nation-state, and that interstate relations constitute the most important practical relationship of modern society and provide the clearest way to define people's identity. No social organization can be separated from the country it belongs to in modern society.

These understandings were basic acknowledgements by young intellectuals in the 1910s and also fitted realities back then. If detached from reality, any ideals such as democracy and science would be hard to realize. Without the emergence and development of China, the Chinese people would be in a disgraced and passive position in modern society. The country's rise is based on the premise that the youth achieve their ambitions.

Therefore, they considered "China" as the key topic. How China could get rid of its domestic woes and foreign invasions and how could the country stand up on its own were important questions.

Their thinking of enlightenment did not shy away from this major theme. When people who took part in the patriotic May Fourth Movement in 1919 thought of the future of their country, they thought of it within the context of China's actual conditions and did not put the country's rise against the liberation of the people.

When they talked about the different options of Europe, the US, the Soviet Union or Russia under different times and circumstances, they viewed China's prosperity as a historical demand. The article "A Letter to Youth" by Chinese revolutionary socialist Chen Duxiu, which is seen as the pillar of the May Fourth spirit, was a response to such issues.

In his article, he clearly mentioned the sense of historic urgency. Such a sense of historic urgency came from worries about an endangering country, from which the author expanded his analyses. He proposed six ethics that China's youth should have, including self-consciousness and struggling, which were all based on the fact that the country was in peril.

Therefore, patriotism, progress, democracy and science were all historic choices against such realities. This strong sense of identification and mission that stems from the May Fourth spirit still has an influence on China.

Some people tend to think that the ideals of the May Fourth Movement are abstract notions that go beyond nations and countries or try to separate these ideals from the prosperity and development of China, which is groundless. Those who disregard the significance of patriotism either lack the deep understanding of the core of the May Fourth spirit or have ulterior motives

By Zhang Yiwu,  professor with Peking University. opinion@globaltimes.com.cn

Read more:


Why US has never tried building Belt and Road for other countries as China does?


Related post:


Global market and opinion research spec PETALING JAYA: Corruption is no longer the top concern for Malay­sians as crime and the cost of...
 

Core of May Fourth Movement still relevant in China today

Illustration: Liu Rui/GT

May 4, 1919 is the day the world changed forever and the Chinese will never forget
 
https://youtu.be/N6vFFK91prE
Jeff J. Brown Published on May 5, 2019 Pictured above: the May 4th uprising in China started in Beijing, with 3,000 angry students marching on the streets. They helped fan the flames of revulsion against Western imperialism destroying their people with drug cartel opium, while raping and pillaging their national resources. Within days, tens of cities around the country were filling the streets and began demanding Marxist socialism and the dream of communism for their future. It took thirty-five million martyrs over the world’s longest civil war and they were finally victorious in liberation from colonialism in a Free China, on October 1, 1949. Humanity has never been the same since. Source article with all the images and hyperlinks: https://chinarising.puntopress.com/20... Much more at www.chinarising.puntopress.com, http://chinarising.puntopress.com/201... and http://apps.monk.ee/tyrion

https://youtu.be/kIq5bjE_Hgw

It has been 100 years since the May Fourth Movement, but to this day, the movement is still reminding Chinese people of the history while influencing today's China.

However, some have deliberately divided patriotism from other keywords in the May Fourth Movement, an obvious deviation from the direction and implication of the May Fourth spirit.

The pursuit of prosperity and a strong nation has always been the movement's historical theme and spiritual core, which constituted a key historical background and core proposition for the movement's other themes, including enlightenment, science and democracy.

It was precisely due to this strong desire - leading the country to rise in the modern world - these significant themes related to democracy and science, needed for solving China's problems, have been developed.

It should be noted that this movement was triggered by China's weakness in international prestige and incompleteness of its national sovereignty at that time. Throughout the May Fourth period, Chinese pioneers' thinking was based on the country's historical situation and national mind-set of misfortunes.

The core theme of the May Fourth Movement lies in the deep understanding of China's plight and the strong desire for the country's prosperity and development in the modernization process. Patriotism is the foundation of the May Fourth spirit and the backbone of other spiritual elements.

Pioneers of the May Fourth Movement clearly recognized that the basic composition of modern society is centered on the modern nation-state, and that interstate relations constitute the most important practical relationship of modern society and provide the clearest way to define people's identity. No social organization can be separated from the country it belongs to in modern society.

These understandings were basic acknowledgements by young intellectuals in the 1910s and also fitted realities back then. If detached from reality, any ideals such as democracy and science would be hard to realize. Without the emergence and development of China, the Chinese people would be in a disgraced and passive position in modern society. The country's rise is based on the premise that the youth achieve their ambitions.

Therefore, they considered "China" as the key topic. How China could get rid of its domestic woes and foreign invasions and how could the country stand up on its own were important questions.

Their thinking of enlightenment did not shy away from this major theme. When people who took part in the patriotic May Fourth Movement in 1919 thought of the future of their country, they thought of it within the context of China's actual conditions and did not put the country's rise against the liberation of the people.

When they talked about the different options of Europe, the US, the Soviet Union or Russia under different times and circumstances, they viewed China's prosperity as a historical demand. The article "A Letter to Youth" by Chinese revolutionary socialist Chen Duxiu, which is seen as the pillar of the May Fourth spirit, was a response to such issues.

In his article, he clearly mentioned the sense of historic urgency. Such a sense of historic urgency came from worries about an endangering country, from which the author expanded his analyses. He proposed six ethics that China's youth should have, including self-consciousness and struggling, which were all based on the fact that the country was in peril.

Therefore, patriotism, progress, democracy and science were all historic choices against such realities. This strong sense of identification and mission that stems from the May Fourth spirit still has an influence on China.

Some people tend to think that the ideals of the May Fourth Movement are abstract notions that go beyond nations and countries or try to separate these ideals from the prosperity and development of China, which is groundless. Those who disregard the significance of patriotism either lack the deep understanding of the core of the May Fourth spirit or have ulterior motives

By Zhang Yiwu,  professor with Peking University. opinion@globaltimes.com.cn

Read more:


Why US has never tried building Belt and Road for other countries as China does?


Related post:


Global market and opinion research spec PETALING JAYA: Corruption is no longer the top concern for Malay­sians as crime and the cost of...
 

Sunday, May 5, 2019

Malaysia's education policy must champion Meritocracy instead of Mediocrity system

Meritocracy Vs. Mediocrity

Education system must champion meritocracy


THE country is facing yet another controversy of its own making – the matriculation programme for university entrance or matric, for short.

The matric programme was introduced 50 years ago to increase the enrolment of Malay students in the medical, dental, engineering and other science and technical studies at public universities. It was an interventionist policy to produce more Malay graduates for the professional occupations in government service as well as in the private sector, as part of the New Economic Policy to redress the racial educational and economic imbalances in the economy.

The programme was reserved exclusively for Malays but due to political pressure from other races , the government allowed a 5% quota and this was later increased to 10% for non-Malay students. Recently, with demands for more non-Malays to be given places in matric, the government increased the total number accepted into the programme from 25,000 to 40,000 while keeping the racial quota unchanged.

There are concerns that the large increase in the number of university intakes from the matric programme will reduce the places available for STPM students and affect the quality of education. There are already complaints from parents that even though their children who go through the two-year STPM are more educationally qualified than the one-year matric students, and have a stronger command of English, they cannot get a place in public universities because of the preference given to intakes from the shorter programme.

Fifty years on, this programme is still in place, despite the huge investments made by government through the Education Ministry to increase the access to STPM (Form VI) level education in both the arts and science streams in all parts of the country.

Malay students in rural areas today are no longer facing a disadvantage in educational opportunities as there are many secondary schools with Form VI classes.

However, their parents prefer that they apply for the matriculation course as it is a faster and easier route to university.

As they are specially selected for the matriculation course, the students have a greater certainty that they will be given places in the medical , dental and engineering faculties. Another attraction is that there is very little competition with other races in the matriculation course.

There are suggestions that our universities should raise their entrance requirements so that they can get better qualified student intakes to facilitate higher quality teaching and learning and produce graduates with the right skills for the job market . This can be achieved by a policy decision that university entrance must be through the STPM stream only and that the matric programme will be scaled down to be eventually terminated as it is not a good alternative in preparing students for university education.

Matric has also become a source of continuing friction among the races as they feel that education is a human right and should not be subject to racial politics.

It is inevitable that there will be complaints from certain quarters against closing down the matric programme but the government must stand firm not to perpetuate a system that encourages mediocrity. If the country is to succeed in the digital revolution, and make Malaysia a fully developed economy, the education system must shift direction towards competition and meritocracy. The abolition of the matriculation programme will show that Malaysia is serious in moving in that direction.

TAN SRI MOHD SHERIFF MOHD KASSIM

Another brick in the wall

https://youtu.be/YR5ApYxkU-U- a protest song against rigid schooling


Education is that realm where wrongs are set right and learning thrives, yet, right off the bat, the new matriculation intake has found itself in murky waters.

SOME leaders in our federal and state governments, now or then, seem to be guilty of this habit – announcing decisions before studying the implications of their policies.

So it was no surprise that after the Education Ministry announced the controversial changes to the matriculation programme, a row erupted, and soon, the Prime Minister had to weigh in on the debate.

Tun Dr Mahathir Mohamad said he would address the quota system issue of the pre-university matriculation programme intake.

When asked for his comments on whether the quota system would be abolished, he said: “We will study the problem.”

Once again, it looks like the 93-year-old leader must step in to clean up another mess before things start to stink.

The controversy exploded when the Cabinet decided to increase the number of students entering the matriculation programme from 25,000 to 40,000 while maintaining the 90% quota for bumiputra students.

The matriculation programme was originally aimed at encouraging bumiputra students to pursue studies in science.

The highly sought-after programme – due to its cost-effectiveness – is equivalent to a one- or two-year pre-university course, and enables students to pursue a degree upon successfuly completing the programme. Enrollees only need to pay a registration fee and the rest is borne by the government.

However, the concern now is that by doubling the matriculation intake, it will affect the seats available to those vying for places in public universities via the Sijil Tinggi Persekolahan Malaysia (STPM) route.

During my time, in the 1980s, when I was sitting for the then Higher School Certificate (HSC), the matriculation programme had already been launched. At present, STPM and matriculation students number about 43,000 and 25,000 respectively.

No rational or fair person will begrudge aid provided to students who need a helping hand, let’s be clear.

But I am not sure if the ministry has given thought to the fact that we may have a surplus of matriculation students – about 60% – at the expense of their STPM counterparts.

Let’s give the ministry the benefit of doubt that they surely would have, given the many experienced experts there, but no narratives have been forthcoming to explain anything to parents and students, especially those preparing for their STPM exams this year.

If the government plans to double university intake, have backup plans been installed to accommodate the sudden surge in science students into our financially-strapped universities?

While non-scholarship students in public universities must pay their own fees, matriculation students not only get free education, but are given allowances, too.

Public universities are already cutting down on contract academic staff as fundraising programmes are being carried out.

Unemploy-ment is underscored by the huge number of jobless graduates, whose changing fortunes have found them unemployed in a soft market. In some cases, their weak language and social skills put them at a disadvantage.

As the intake increases, other relevant infrastructure, like hostels, laboratories and teaching staff, won’t multiply overnight, as MCA president Datuk Seri Dr Wee Ka Siong rightly pointed out.

“How will the ministry ensure quality in matriculation education? And the suggestion of getting teachers from teachers’ training colleges to teach in matriculation is illogical because their syllabus is totally different,” he said.

The new matriculation policy has also taken the race-based programme to another level and goes against the aspiration of being an inclusive New Malaysia.

DAP leader Dr P. Ramasamy has rightly said the increased quota for bumiputra by the government was spurred by fears of a backlash from sections of the Malay-Muslim community. This is what happens when political expediency and interest come into play.

The former Universiti Kebangsaan Malaysia political science lecturer said with the revised quota, the bumiputra allocation will increase the number of students from 22,500 to 36,000.

He said, in comparison, the number of non-Malays will increase by only 1,500 students, beyond the current 2,500.

“I’m taken aback by the Cabinet’s decision. We have failed to move forward. It appears as though the Cabinet was not prepared to take a bold decision in increasing the intake of non-Malay students, particularly Indians.”

Education Minister Dr Maszlee Malik, in defending the new policy, said all students deserve a “better opportunity” when they apply for matriculation placement, adding that “the bumiputras will still enjoy their 90% quota”.

Dr Maszlee reportedly said the increased intake for matriculation students was based on a Cabinet decision to get more students into tertiary education and to accord all races equal opportunity.

He also said the Cabinet had instructed his ministry to discuss with the Finance Ministry the government’s burden in bearing the cost of the increased number of matriculation places.

This looks like another case of putting the cart before the horse. Announce first and work out the maths later.

Instead of emphasising need-based programmes, the government has, instead, strengthened a race-based system.

As a student at university, I was often queried by my well-intentioned Malay varsity mates about which scholarship I had obtained. I jokingly told them it was FAMA – father and mother.

I’ve always been grateful for having secured a place in a local university, particularly since there were only five then – and certainly no private universities – and that gratitude has only grown since that degree helped change my life.

And that conveniently brings me to my point: Let’s not deny our children, regardless of their race, a place in our universities, which are funded by multi-ethnic tax payers.

If parents are financially sound, no prayers would be needed for students to earn slots in our public institutions of higher learning, it’s that simple.

Wong Chun WaiBy Wong Chun Wai

Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 27 years in various capacities and roles. He is now editorial and corporate affairs adviser to the group, after having served as group managing director/chief executive officer.

On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star.

Read more: 

A worrying trend in Malaysia - Credentials in Question





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Mediocre future? If selection at the matriculation level is not based on meritocracy, the quality of our tertiary institutions will be ...

 
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Malaysia's education policy must champion Meritocracy instead of Mediocrity system

Education system must champion meritocracy


THE country is facing yet another controversy of its own making – the matriculation programme for university entrance or matric, for short.

The matric programme was introduced 50 years ago to increase the enrolment of Malay students in the medical, dental, engineering and other science and technical studies at public universities. It was an interventionist policy to produce more Malay graduates for the professional occupations in government service as well as in the private sector, as part of the New Economic Policy to redress the racial educational and economic imbalances in the economy.

The programme was reserved exclusively for Malays but due to political pressure from other races , the government allowed a 5% quota and this was later increased to 10% for non-Malay students. Recently, with demands for more non-Malays to be given places in matric, the government increased the total number accepted into the programme from 25,000 to 40,000 while keeping the racial quota unchanged.

There are concerns that the large increase in the number of university intakes from the matric programme will reduce the places available for STPM students and affect the quality of education. There are already complaints from parents that even though their children who go through the two-year STPM are more educationally qualified than the one-year matric students, and have a stronger command of English, they cannot get a place in public universities because of the preference given to intakes from the shorter programme.

Fifty years on, this programme is still in place, despite the huge investments made by government through the Education Ministry to increase the access to STPM (Form VI) level education in both the arts and science streams in all parts of the country.

Malay students in rural areas today are no longer facing a disadvantage in educational opportunities as there are many secondary schools with Form VI classes.

However, their parents prefer that they apply for the matriculation course as it is a faster and easier route to university.

As they are specially selected for the matriculation course, the students have a greater certainty that they will be given places in the medical , dental and engineering faculties. Another attraction is that there is very little competition with other races in the matriculation course.

There are suggestions that our universities should raise their entrance requirements so that they can get better qualified student intakes to facilitate higher quality teaching and learning and produce graduates with the right skills for the job market . This can be achieved by a policy decision that university entrance must be through the STPM stream only and that the matric programme will be scaled down to be eventually terminated as it is not a good alternative in preparing students for university education.

Matric has also become a source of continuing friction among the races as they feel that education is a human right and should not be subject to racial politics.

It is inevitable that there will be complaints from certain quarters against closing down the matric programme but the government must stand firm not to perpetuate a system that encourages mediocrity. If the country is to succeed in the digital revolution, and make Malaysia a fully developed economy, the education system must shift direction towards competition and meritocracy. The abolition of the matriculation programme will show that Malaysia is serious in moving in that direction.

TAN SRI MOHD SHERIFF MOHD KASSIM


Another brick in the wall

https://youtu.be/YR5ApYxkU-U- a protest song against rigid schooling


Education is that realm where wrongs are set right and learning thrives, yet, right off the bat, the new matriculation intake has found itself in murky waters.

SOME leaders in our federal and state governments, now or then, seem to be guilty of this habit – announcing decisions before studying the implications of their policies.

So it was no surprise that after the Education Ministry announced the controversial changes to the matriculation programme, a row erupted, and soon, the Prime Minister had to weigh in on the debate.

Tun Dr Mahathir Mohamad said he would address the quota system issue of the pre-university matriculation programme intake.

When asked for his comments on whether the quota system would be abolished, he said: “We will study the problem.”

Once again, it looks like the 93-year-old leader must step in to clean up another mess before things start to stink.

The controversy exploded when the Cabinet decided to increase the number of students entering the matriculation programme from 25,000 to 40,000 while maintaining the 90% quota for bumiputra students.

The matriculation programme was originally aimed at encouraging bumiputra students to pursue studies in science.

The highly sought-after programme – due to its cost-effectiveness – is equivalent to a one- or two-year pre-university course, and enables students to pursue a degree upon successfuly completing the programme. Enrollees only need to pay a registration fee and the rest is borne by the government.

However, the concern now is that by doubling the matriculation intake, it will affect the seats available to those vying for places in public universities via the Sijil Tinggi Persekolahan Malaysia (STPM) route.

During my time, in the 1980s, when I was sitting for the then Higher School Certificate (HSC), the matriculation programme had already been launched. At present, STPM and matriculation students number about 43,000 and 25,000 respectively.

No rational or fair person will begrudge aid provided to students who need a helping hand, let’s be clear.

But I am not sure if the ministry has given thought to the fact that we may have a surplus of matriculation students – about 60% – at the expense of their STPM counterparts.

Let’s give the ministry the benefit of doubt that they surely would have, given the many experienced experts there, but no narratives have been forthcoming to explain anything to parents and students, especially those preparing for their STPM exams this year.

If the government plans to double university intake, have backup plans been installed to accommodate the sudden surge in science students into our financially-strapped universities?

While non-scholarship students in public universities must pay their own fees, matriculation students not only get free education, but are given allowances, too.

Public universities are already cutting down on contract academic staff as fundraising programmes are being carried out.

Unemploy-ment is underscored by the huge number of jobless graduates, whose changing fortunes have found them unemployed in a soft market. In some cases, their weak language and social skills put them at a disadvantage.

As the intake increases, other relevant infrastructure, like hostels, laboratories and teaching staff, won’t multiply overnight, as MCA president Datuk Seri Dr Wee Ka Siong rightly pointed out.

“How will the ministry ensure quality in matriculation education? And the suggestion of getting teachers from teachers’ training colleges to teach in matriculation is illogical because their syllabus is totally different,” he said.

The new matriculation policy has also taken the race-based programme to another level and goes against the aspiration of being an inclusive New Malaysia.

DAP leader Dr P. Ramasamy has rightly said the increased quota for bumiputra by the government was spurred by fears of a backlash from sections of the Malay-Muslim community. This is what happens when political expediency and interest come into play.

The former Universiti Kebangsaan Malaysia political science lecturer said with the revised quota, the bumiputra allocation will increase the number of students from 22,500 to 36,000.

He said, in comparison, the number of non-Malays will increase by only 1,500 students, beyond the current 2,500.

“I’m taken aback by the Cabinet’s decision. We have failed to move forward. It appears as though the Cabinet was not prepared to take a bold decision in increasing the intake of non-Malay students, particularly Indians.”

Education Minister Dr Maszlee Malik, in defending the new policy, said all students deserve a “better opportunity” when they apply for matriculation placement, adding that “the bumiputras will still enjoy their 90% quota”.

Dr Maszlee reportedly said the increased intake for matriculation students was based on a Cabinet decision to get more students into tertiary education and to accord all races equal opportunity.

He also said the Cabinet had instructed his ministry to discuss with the Finance Ministry the government’s burden in bearing the cost of the increased number of matriculation places.

This looks like another case of putting the cart before the horse. Announce first and work out the maths later.

Instead of emphasising need-based programmes, the government has, instead, strengthened a race-based system.

As a student at university, I was often queried by my well-intentioned Malay varsity mates about which scholarship I had obtained. I jokingly told them it was FAMA – father and mother.

I’ve always been grateful for having secured a place in a local university, particularly since there were only five then – and certainly no private universities – and that gratitude has only grown since that degree helped change my life.

And that conveniently brings me to my point: Let’s not deny our children, regardless of their race, a place in our universities, which are funded by multi-ethnic tax payers.

If parents are financially sound, no prayers would be needed for students to earn slots in our public institutions of higher learning, it’s that simple.

Wong Chun WaiBy Wong Chun Wai

Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 27 years in various capacities and roles. He is now editorial and corporate affairs adviser to the group, after having served as group managing director/chief executive officer.

On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star.

Read more: 



Have one entrance exam



One exam for entry into universities

 

 

 

A worrying trend in Malaysia - Credentials in Question


‘Take stern action against staff using fake degrees’


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Mediocre future? If selection at the matriculation level is not based on meritocracy, the quality of our tertiary institutions will be ...

 
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  The Pakatan government has little choice nor time to check the slide on its popularity and goodwill from voters. WHAT a difference a y...

Saturday, May 4, 2019

Malaysia's economy: Fine growth with minimal inflation

Click to enlarge:  http://clips.thestar.com.my.s3.amazonaws.com/clips/business/Business%20Pg6-0305.pdf

The economy continues to chug along just fine even as it recorded the first inflation of the year in March. The consumer price index (CPI) rose 0.2% in March 2019 from the previous year.

The recovery away from a deflation in the previous two months was driven by the transport and the food & non-alcoholic beverages components of the CPI.

MIDF Research said in its report that the country's consumer inflation is likely to stay low following the lower capped prices of RON95 and Diesel at RM2.08 and RM2.18 per litre respectively.

Nevertheless, it said that the demand-push factor remains firm amid stable job market and steady wage growth.

Meanwhile, labour force growth has maintained at 2.1% year-on-year (yoy) in Feb 2019 while employment growth inched down to 2.1% yoy while jobs added in the economy was recorded at 34,000.

It noted that the number of unemployed people officially increased by 1.6% yoy.

But it noted also that growth in both the labour force and employment continued to outpace unemployment growth for the last 24 months since Mar 2017.

"The stable job market reflects healthy development of Malaysia’s economy and provides solid support to domestic demand," the research house said.

Meanwhile, exports dropped 5.3% yoy in Feb 2019, the lowest in more than two years mainly due to a short calendar month on top of the long Chinese New Year (CNY) holidays.

Imports also fell and it declined more than exports at 9.4% yoy.

During the CNY holidays, all Chinese factories were shut down with most of them closed one or two weeks prior to the festive holidays. As the celebration put a halt to mass production, it disrupted the global supply chain resulting in a weak trade performance.

All sectors recorded a negative exports growth: agriculture (-13.7% yoy), manufacturing (-4.3% yoy) and mining (-5.5% yoy).

Despite the poor exports and imports figures, trade surplus maintained at above RM11bil in Feb 2019.

When compared with the previous month, both exports and imports contracted by 22% and 24.8% 
respectively.


Read more ...

Are fears of ringgit weakness exaggerated ?

Malaysia's economy: Fine growth with minimal inflation

Click to enlarge:  http://clips.thestar.com.my.s3.amazonaws.com/clips/business/Business%20Pg6-0305.pdf

The economy continues to chug along just fine even as it recorded the first inflation of the year in March. The consumer price index (CPI) rose 0.2% in March 2019 from the previous year.

The recovery away from a deflation in the previous two months was driven by the transport and the food & non-alcoholic beverages components of the CPI.

MIDF Research said in its report that the country's consumer inflation is likely to stay low following the lower capped prices of RON95 and Diesel at RM2.08 and RM2.18 per litre respectively.

Nevertheless, it said that the demand-push factor remains firm amid stable job market and steady wage growth.

Meanwhile, labour force growth has maintained at 2.1% year-on-year (yoy) in Feb 2019 while employment growth inched down to 2.1% yoy while jobs added in the economy was recorded at 34,000.

It noted that the number of unemployed people officially increased by 1.6% yoy.

But it noted also that growth in both the labour force and employment continued to outpace unemployment growth for the last 24 months since Mar 2017.

"The stable job market reflects healthy development of Malaysia’s economy and provides solid support to domestic demand," the research house said.

Meanwhile, exports dropped 5.3% yoy in Feb 2019, the lowest in more than two years mainly due to a short calendar month on top of the long Chinese New Year (CNY) holidays.

Imports also fell and it declined more than exports at 9.4% yoy.

During the CNY holidays, all Chinese factories were shut down with most of them closed one or two weeks prior to the festive holidays. As the celebration put a halt to mass production, it disrupted the global supply chain resulting in a weak trade performance.

All sectors recorded a negative exports growth: agriculture (-13.7% yoy), manufacturing (-4.3% yoy) and mining (-5.5% yoy).

Despite the poor exports and imports figures, trade surplus maintained at above RM11bil in Feb 2019.

When compared with the previous month, both exports and imports contracted by 22% and 24.8% 
respectively.


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Are fears of ringgit weakness exaggerated ?

Friday, May 3, 2019

Check on coming monsoon floods in Penang !

Wake-up call: The floods that hit Penang in 2017 exposed its lack of flood mitigation and disaster preparedness.

GEORGE TOWN: The south-west monsoon season is expected to start sometime this month, prompting fears of flooding and falling trees here.

As dark clouds hang over Penang almost every morning now to herald the coming monsoon, talk of flooding in the state assembly sitting on Tuesday led to several lawmakers and the Speaker himself wanting to have a say.

“I am aware that some government agencies belittle the efforts of assemblymen who highlight flooding and other problems.

“As legislators who face the rakyat, they are carrying out their duties and I hope that the relevant agencies will take them seriously and not make fun of them,” said Speaker Datuk Law Choo Kiang during the day’s proceedings.

Lim Siew Khim (PH-Sungai Pinang) told the assembly how she and Ong Ah Teong (PH-Batu Lanchang) suffered verbal insults when visiting flood victims in Kampung Bukit Dumbar, where homes were flooded seven times, including a few days before the recent Chinese New Year.

This led to Dr Norlela Ariffin (PH-Penanti), Ong and Teh Lai Heng (PH-Komtar) to also stand up and voice their grouses.

Outside the hall, Ong said government officers handling flood problems tend to ignore the pleas of assemblymen.

“We are all in the same WhatsApp groups. When we highlight floods, they never respond,” he said.

Teh told the assembly that government officers don’t face the residents but the assemblymen bear all the insults from flood victims in their constituencies.

Dr Norlela said when she attended the monthly district meetings and called for strict enforcement to end the source of floodings such as deforestation, her pleas were often met with silence.

While the Sungai Pinang Flood Mitigation Plan – delayed for 20 years – has begun again with renewed federal funding, many are worried that the south-west monsoon will still bring back the floods this year.

Scientists Sheeba Nettukandy Chenoli and Chai Heng Lim, in a research paper published last November in the “Journal of Atmospheric and Solar-Terrestrial Physics”, found that the onset of the mid-year monsoon will be on May 19 with a standard deviation of eight days.

State Environment Committee chairman Phee Boon Poh said this was the season when rain coinciding with extra high tides fuelled by the super full moon could lead to severe flooding.

“Between May and June, strong winds stir up huge tidal waves that are not safe for small boats,” he said.

A freak storm on Sunday caused several trees to fall on Penang island, one of them in Tanjung Bungah falling on a passing car.

To keep falling trees in check, State Works Committee chairman Zairil Khir Johari said a special committee was ironing out a method to pass the care of public trees from the Public Works Department (JKR) to Penang Island City Council (MBPP).

“JKR specialises in building and caring for roads and bridges but MBPP has a full landscaping team that includes arborists.

“This team has the know-how to care for public trees and recognise diseased trees that must be felled before they become a hazard.

“We are finalising a method for MBPP’s landscapers to have island-wide jurisdiction of roadside trees and be granted access to federal grants for their maintenance,” he said.

By Arnold Loh and R. Sekaran The Star


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