M Shanmugam

Recent and archived articles by M Shanmugam

9 Mar 2019 | 7:00 AM

Populist policies come at a price

THE headline number of Khazanah Nasional Bhd losing RM6.3bil is eye-catching. However, a cause for deeper concern is the 21.6% drop in the value of its portfolio, which translates to some RM25bil.

25 Feb 2019 | 7:00 AM

The truth about the toll abolition pledge

TOLL rates cannot be abolished altogether. At best the rates can be reduced and highways offer certain periods of toll-free access to motorist. Doing away with tolls on highways cannot be done.

The abolition of toll roads ranks high in Pakatan Harapan’s manifesto. It is also proving to be an arduous task for the coalition. Voters keep reminding them of the promise of toll-free roads while highway concessionaires dread a takeover offer that impairs shareholder value.  It would be difficult to find a solution that pleases the people and at the same time does not spook capital markets.
23 Feb 2019 | 7:00 AM

A new challenge for the EPF

The provident fund would be challenged to declare steady dividends if it is restricted from putting more money overseas

9 Feb 2019 | 7:00 AM

The truth about false CVs

THE truth about questionable CVs is that they cannot get past scrutiny in the age of the Internet. It is extremely tough to misrepresent, especially if the CV includes a degree from a prestigious university such as Cambridge.

3 Feb 2019 | 7:00 AM

An effective economic panel will be of help


2 Feb 2019 | 7:00 AM

The Jho Low factor in the ECRL talks

IRONICALLY, the decision to place the “on-off-on and now uncertain” East Coast Rail Link (ECRL) project in the hands of the governments of Malaysia and China comes just ahead of the start of the trial of former Prime Minister Datuk Seri Najib Tun Razak.

26 Jan 2019 | 7:00 AM

Recession? No, not this year

THE influential International Monetary Fund (IMF) has predicted slower global growth this year on the back of financial volatility and the trade war between the United States and China.

19 Jan 2019 | 7:00 AM

Lower returns by EPF in 2018 likely

It’s that time of the year again when the much-awaited dividend rates of the Employees Provident Fund (EPF) will be announced.

12 Jan 2019 | 7:00 AM

Local contractors should take the lead in ECRL 2.0

INCREASINGLY, it looks quite certain that the highly contentious East Coast Rail Link (ECRL) project is set to resume.

CCCC’s role: A view of the second Penang Bridge. If financing from China is reduced, then CCCC’s role in the ECRL can be cut down. It has happened before in the second Penang Bridge project.
5 Jan 2019 | 7:00 AM

Political patronage debate is reason why reforms are needed

M. Shanmugam - The alternative view
THE intense debate on giving government contracts to political leaders in return for support is healthy. It is a sign that there are leaders within the government who are determined to see that the political patronage system that was pervasive in the old Barisan Nasional administration is dismantled.

High-level support: Syed Saddiq got the backing of the party’s top leadership after he slammed some party leaders asking for contracts to be given to Bersatu division heads.