M Shanmugam

Recent and archived articles by M Shanmugam

22 Oct 2018 | 7:00 AM

Eyes on who replaces Tajuddin

Preference is to appoint someone with experience to run Bursa M’sia

Sources said that the board have been looking at several candidates from within and outside the exchange to replace chief executive officer Datuk Seri Tajuddin Atan(pic), who will complete his contract by end-March next year.
20 Oct 2018 | 7:00 AM

Institutional reforms more vital than toll abolishment

FINALLY, the Pakatan Harapan government has admitted that it is not able to fulfil its pre-election pledge of abolishing tolls. For ordinary folk, it will not go down well, for now.

Likely scenario: Removing tolls completely is not possible. A reduction of rates in the future is possible, but the economic returns from institutional reforms are much greater.
13 Oct 2018 | 7:00 AM

The bears are not on Bursa yet

ANNOUNCEMENTS on new taxes and a painful Budget 2019 are just the excuses for investors to take their money out of Bursa Malaysia. The fact that Budget 2019 will not have generous handouts is well-known. The writing has been on the wall since May 9 this year when existing government jobs came under scrutiny.

8 Oct 2018 | 7:00 AM

Shifting away from PDP towards turnkey contractor

PETALING JAYA: The change in the terms of the contract for the MRT2 project whereby the consor­tium of MMC-Gamuda Joint Venture is to complete the works on a turnkey basis marks a shift away from the Project Delivery Partner (PDP) model that the government adopted for large projects.

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.