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STUDENTS learning the economic geography of Malaysia should be very familiar with the phrase 'eradication of poverty'. That was one of the three objectives of the New Economic Policy (NEP), which had been drafted in 1970 and continued to be the standard policy for economic development until 1990. The New Development Policy (NDP) replaced the NEP in 1991.
The Malaysian Employers Federation (MEF) disagrees with Socso's plan to increase the salary ceiling for contributors, saying there is no basis for doing so.
Bond market analysts do not expect Bank Negara to raise interest rates at its July 25 monetary policy meeting and see the lacklustre bond market as affected more by the topical issues of inflation and windfall tax.