By KINIBIZ
It’s official: Khazanah Nasional is steering Malaysia Airlines (MAS) down the privatisation route. Recall that in June KiniBiz explored whether this path can keep MAS flying and the four crucial issues that must be addressed. After a long history of nearly seven decades, what sort of transformation will MAS see this time around?
We can only wait and see as the market bids MAS goodbye after 14 years being listed. In the meantime, we published some exclusive news, analyses and comments this week. You won’t find these anywhere else, so here’s a checklist in case you missed a few:
Pick 1 — Transforming a nation. Approaching four years since its launch, how is the government’s ambitious National Transformation Programme progressing? In a three-part series, KiniBiz talks to Idris Jala, Malaysia’s unofficial ‘Transformation Minister’, on how he came to be entrusted with that role, how the programme is doing and other hot button issues. Read further here, here and here.
Pick 2 — Renewing Malaysia Airlines. After spectacular ill fortune this year on top of years being in the red, Malaysia Airlines is finally being taken private by the government, a proposal which the airline’s board will put to shareholders for a decision. But what sort of changes will it take for the ailing five-star airline to return to profitability? Prime minister Najib Abdul Razak thinks it may involve “a complete overhaul” that could involve painful steps and sacrifices from everyone. Read more here, here, here and here.
Pick 3 — Consequences of Malaysia-Singapore toll wars? The ongoing tit-for-tat between the Malaysian and the Singaporean governments on the toll charge for vehicles entering respective nations is raising concerns down south, Johor businesses, for one, fear the worst, while some feels that Iskandar Malaysia may be hurt too — if it hasn’t. Read on here and here.
Pick 4 — Democracy challenges growth. Democracy has been a runway for many countries to take off towards modernisation, but is it an obstacle to growth? KiniBiz columnist Poh Kok Bing explores the question here.
Pick 5 — Mercosur blues. Mercosur, the six-nation trade grouping for South America, met this week. Amid the usual bluster against imperialism, however, was an unmistakable scent of decay, wrote Andrés Velasco, a former finance minister of Chile this week. Read on here.
Pick 6 — A new world of health care. Traditional health care systems are in trouble, wrote Prabhjot Singh, academic and Chair of the One Million Community Health Worker Campaign in Sub-Saharan Africa. In turn a new approach is rising, one revolving around social behaviour instead of biology. And it has unlimited potential, says Prabhjot. Read further here.
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