M Shanmugam

Recent and archived articles by M Shanmugam

6 Oct 2018 | 7:00 AM

End of an era in banking

The 1MDB blip should not obliterate Nazir’s role in CIMB and the capital markets

4 Oct 2018 | 7:00 AM

Sime to build Malaysia's largest property project alone; KWAP, Brunsfield out

PETALING JAYA: Sime Darby Property Bhd (SD Prop) will go it alone in the development of the 379,000-acre Malaysia Vision Valley (MVV) project.

Former Mentri Besar Datuk Seri Mohamad Hasan looking at a plan for the new 18km stretch from Nilai to Bandar Enstek via Labu. It is the first infrastructure project to be carried out under the MVV. - File pic
15 Sep 2018 | 7:00 AM

Money is cheap when it’s not yours

WHEN the money is not yours to begin with, there are no qualms about spending it. It does not matter if a hefty tip of a few hundred thousand is forked out to a waiter at the casino where you have run up a huge tab, or an expensive Ferrari is given as a wedding gift.

Expensive gifts: Jho Low reportedly presented expensive paintings to DiCaprio (left) and US$8mil worth of diamonds to Kerr. — AP
8 Sep 2018 | 7:00 AM

JJ’s RM2bil fortune and the weakness in wealth redistribution

The alternative view by M. Shanmugam
It shows the difficulty of being powerful and wealthy, and yet having empathy

1 Sep 2018 | 7:00 AM

Hey, it’s normal for Dr M to be abnormal!

THE opinion is divided on whether Prime Minister Tun Dr Mahathir Mohamad’s visit to China has brought more harm than good for Malaysia.

Fair trade: Li (right) speaks during a joint press conference with Dr Mahathir in Beijing. Dr Mahathir advocated that free trade should be fair trade and not a form of “colonialism” of the poorer nations by the more wealthy superpowers. — AFP
25 Aug 2018 | 7:00 AM

Face of LTAT, Boustead to exit

Lodin is poised to leave the two entities after serving 36 years at the helm and his departure may herald a change in the structure of LTAT

Right-hand man: Lodin is one of the heads of government linked companies who is expected to leave. Sources say it will only be a matter of weeks.
18 Aug 2018 | 7:00 AM

Who says populist policies are bad

IF the jury is still out on whether it pays to be truthful, the verdict is clear – there is certainly a premium for being transparent in revealing the true state of the country.

Better market: A man watches trading boards at a private stock market gallery in Kuala Lumpur. Malaysia is among the better performers in emerging markets, including China, when it comes to the currency and stock market. — AP
11 Aug 2018 | 7:00 AM

Implications of the RM19.4bil shortfall

The alternative view by M. Shanmugam
The immediate concern is the budget deficit for 2018 spiking to 4% if the GST refunds are made this year

10 Aug 2018 | 7:00 AM

Irwan: The money is all there

PETALING JAYA: Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah flatly dismissed allegations that RM18bil is “missing” from the collection of the Goods and Services Tax (GST) and instead claimed that all monies collected goes into the Federal Government’s consolidated funds.

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9 Aug 2018 | 7:00 AM

Daim tipped for advisory role

PETALING JAYA: As the Council of Eminent Persons (CEP) wraps up its work, speculation is rife that the chairman, Tun Daim Zainuddin, could be appointed as adviser to the government.

Daim’s experience in handling the civil service and the private sector could be tapped to primarily assist the new government for the next few months.  It is learnt that the advisory role would be for a limited period to help some of the new ministers in the government, especially to deal with the civil administration.