Author: Medecci Lineil

Market-driven poultry sector crucial for growth

KUCHING: The government is helping the struggling poultry industry tide over difficult times but economists say a market forces approach is important for long-term growth. Universiti Malaysia Sarawak (Unimas) economist Jerome Kueh said the government wants to make sure the chicken industry keeps running smoothly. These subsidies are like a

Sarawak’s economic plans: ambition unleashed!

“The mixing of politics and business not only is detrimental to politics, as is frequently observed, but even much more so to business” – Ludwig von Mises, (1881-1973) Austrian school of economist. Alright, folk! Let’s hit the rewind button. You may remember from my last piece that I found myself

Major aviation upgrade possible for Sarawak and Sabah

KUCHING: Sarawak and Sabah may soon experience an upgrade in their aviation industry as talks are underway to unite MasWings and Hornbill Skyways that could expand the new airline’s size and abilities in the region. Aviation analyst Dr Rosli Khan is optimistic about the potential of another airline covering the

Can the yuan replace the dollar?

“There’s no option for any reserve currency other than the US dollar” – Warren Buffett (Born 1930), Berkshire Hathaway chairman and CEO, an American business magnate, investor, and philanthropist. When I landed in Singapore last Tuesday, I immediately felt the city’s energy. This was my home for the next three

MSPO: A path to sustainable palm oil and free trade

KUCHING: An economist has called on the European Union (EU), industry leaders and consumers worldwide to recognise the Malaysian Sustainable Palm Oil Certification Scheme (MSPO) as a major driver in sustainable and free trade policy. Centre for Market Education (CME) economist Carmelo Ferlito, made the call after Malaysia embarked on

Malaysia decriminalises suicide attempts

KUCHING: In a significant shift towards legal reforms, Malaysia has decriminalised suicide attempts by passing the Mental Health (Amendment) Bill 2023. This legislative change aims to grant Crisis Intervention Officers (CIOs) the authority to apprehend individuals with (or suspected to have) a mental disorder who pose a threat to themselves

Leave ticket scalpers alone

 I don’t make music for eyes, I make music for ears.  – Adele, singer and songwriter IMAGINE this: your favourite international artist announces a concert tour to Malaysia. The air is filled with electric anticipation, the fans buzzing with excitement at the possibility of finally seeing their idols in the

Rationalising fuel subsidy system a must: Economists

KUCHING: The government should consider market prices at the pump for everyone, and distribute fuel vouchers to the lower-income segments. Centre for Market Education (CME) economist Carmelo Ferlito said this would allow beneficiaries in need of the subsidy to monetise by selling excess vouchers to those who need them more.

Rethinking the ‘who will pay?’

“Public opinion always wants easy money, that is, low interest rates” – Ludwig von Mises, Austrian economist, 1881-1973 I HAVE always had a healthy dose of skepticism when it comes to subsidies. It’s a view that’s widely known among us in the field. But let me tell you what really

Malaria prevention education for longhouse folk

KAPIT: A unique community programme designed to bolster malaria awareness was held at Rumah Panjang Manok Manchal, Sg Yong, recently. Universiti Malaysia Sarawak (Unimas) Malaria Research Centre (MRC) director, Dr. Paul Cliff Simon Divis said this initiative was designed to engage participants of all ages and teach them about the