DAP calls for inquiry as to whether three banking groups are falling into the ownership and control of the Daim Zainuddin through various nominee companies

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, on the Central Bank of Malaysia Ordinance amendment bill in the Dewan Rakyat on Wednesday, June 26, 1991

DAP calls for inquiry as to whether three banking groups are falling into the ownership and control of the Daim Zainuddin through various nominee companies

The Central Bank of Malaysia Ordinance amendment bill before the House seeks to provide for the appointment of two more Deputy Governors for Bank Negara to make a total of three Bank Negara Deputy Governors. Continue reading DAP calls for inquiry as to whether three banking groups are falling into the ownership and control of the Daim Zainuddin through various nominee companies

An Election Budget to gain legitimacy for the political assaults on the democratic foundations of Malaysia and the economic scandals of UMNO Baru

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in the Dewan Rakyat on Monday, 30 the October, 1989 on the 1990 Budget Debate

An Election Budget to gain legitimacy for the political assaults on the democratic foundations of Malaysia and the economic scandals of UMNO Baru

The Finance Minister, Datuk Peduka Daim Zainuddain, has last Friday, when presenting the 1990 Budget, Presented an election budget and made an electioneering speech. IN fact, I cannot remember any budget speech which had been so blatantly electioneering, that anyone who had tuned onto the television to hear only the last 20 per cent of Daim’s speech might have thought the Finance Minister had started on an early general elections campaign on behalf of UMNO Baru. Continue reading An Election Budget to gain legitimacy for the political assaults on the democratic foundations of Malaysia and the economic scandals of UMNO Baru

DAP proposes a one-year moratorium for all political parties where no racial, language, cultural or religious issues will be created or raised for every Malaysian to concentrate on the national priority of achieving economic recovery and growth.

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in the Dewan Rakyat on Monday, Oct. 26, 1987 on the 1988 Budget.

DAP proposes a one-year moratorium for all political parties where no racial, language, cultural or religious issues will be created or raised for every Malaysian to concentrate on the national priority of achieving economic recovery and growth.

The 1988 Budget of Finance Minister, Daim Zainuddin, on Friday, 23rd October 1987 had achieved a ‘first’ in many aspects, it is the first budget in Malaysian history which had the shortest public attention span, whether before or after the budget presentation. Continue reading DAP proposes a one-year moratorium for all political parties where no racial, language, cultural or religious issues will be created or raised for every Malaysian to concentrate on the national priority of achieving economic recovery and growth.

DAP calls for an Independent Commission of Inquiry to investigate how the negligence and irresponsibility of the Government had been the single biggest cause of the $1.5 billion Co-operative Finance Calamity

Speech by Parliamentary Opposition Leader, DAP Secretary-General, MP For Tanjung and Assemblyman for Kampong Kolam, Lim Kit Siang, in the Dewan Rakyat on Monday, Nov. 24, 1986 on the motion to cut the salary of Minister of Finance, Daim Zainuddin, by $10 during the Finance Ministry estimates of the 1987 Budget debate.

DAP calls for an Independent Commission of Inquiry to investigate how the negligence and irresponsibility of the Government had been the single biggest cause of the $1.5 billion Co-operative Finance Calamity.

Two weeks ago, the government presented the White Paper on the 24 deposit-taking co-operatives and the $1.5 billion Co-operative
Calamity of 588,000 depositors, in which it said: Continue reading DAP calls for an Independent Commission of Inquiry to investigate how the negligence and irresponsibility of the Government had been the single biggest cause of the $1.5 billion Co-operative Finance Calamity

DAP moves motion in Parliament to commend the Police and Prison authorities for their rescue of the two hostages in Prison Prisons without firing a shot

By Parliamentary Opposition Leader, DAP Secretary-General, MP for Tanjung and Assemblyman for Kampong Kolam, Lim Kit Siang, in Parliament House on Thursday, Oct.23, 1986:

DAP moves motion in Parliament to commend the Police and Prison authorities for their rescue of the two hostages in Prison Prisons without firing a shot

The DAP commends the Police and Prisons authorities for their conduct in the six-day hostage crisis in the Pudu Prisons, freeing Dr. Radzi bin Jaafar and laboratory technologist Abdul Aziz Abdul Majid, by six prisoners without firing a shot. Continue reading DAP moves motion in Parliament to commend the Police and Prison authorities for their rescue of the two hostages in Prison Prisons without firing a shot

DAP offers its co-operation to Government to resolve the deepening crisis of confidence which is impeding economic recovery, undermining national unity and destroying public confidence in Malaysia’s future

Speech by Parliamentary Opposition Leader, DAP Secretary-General, MP for Tanjung and Assemblyman for Kampong Kolam, Lim Kit Siang, in the Dewan Rakyat on the Motion of Thanks for the Royal Address on Wednesday, Oct 8, 1986

DAP offers its co-operation to Government to resolve the deepening crisis of confidence which is impeding economic recovery, undermining national unity and destroying public confidence in Malaysia’s future.

Malaysia held its seventh parliamentary general elections on August 3, and as the Prime Minister, Datuk Seri Dr. Mahathir Mohamed, said in his UMNO Presidential Address on 19th Sept. 1986, it was UMNO’s “past-ever” election success since UMNO was established and the country gained Independence. UMNO won 34 out of 35 seats in 1995, winning 97 per cent of the seats contested while in 1986, UMNO won 83 out of the 84 seats, winning nearly 99 per cent of the seats it contested. Continue reading DAP offers its co-operation to Government to resolve the deepening crisis of confidence which is impeding economic recovery, undermining national unity and destroying public confidence in Malaysia’s future

Barisan Nasional should not use its overwhelming majority in Parliament to trample on parliamentary practices and conventions and should learn to respect and honour the spirit of parliamentary democracy

by Parliamentary Opposition Leader, DAP Secretary-General and Mp for Tanjung, Lim Kit Siang, in Parliament House on Saturday, March 21, 1987:

Barisan Nasional should not use its overwhelming majority in Parliament to trample on parliamentary practices and conventions and should learn to respect and honour the spirit of parliamentary democracy

Yesterday’s adjournment of Dewan Rakyat where two adjournment speeches by DAP MPs, Chian Heng Kai (Bukit Mertajam) and Lim Guan Eng (Kota Melaka) were “killed” is another example of how the overwhelming majority of Barisan Nasional in Parliament is used to trample on parliamentary practices and conventions. Continue reading Barisan Nasional should not use its overwhelming majority in Parliament to trample on parliamentary practices and conventions and should learn to respect and honour the spirit of parliamentary democracy

DAP calls for a Royal Commission of Inquiry to follow up on the ‘fresh leads’ and to complete the work of the Ahmad Nordin BMF Inquiry Committee to expose the top political personalities responsible for the $2.5 billion BMF scandal

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in the Dewan Rakyat on Tuesday, March 11, 1986 on the Motion of Thanks on the Royal Address

DAP calls for a Royal Commission of Inquiry to follow up on the ‘fresh leads’ and to complete the work of the Ahmad Nordin BMF Inquiry Committee to expose the top political personalities responsible for the $2.5 billion BMF scandal

Malaysia is going through a grave national crisis. Never before in our 29-year history, have we been confronted with so many complex and fundamental problems on virtually all fronts, whether politics, economics, education; religion, nation-building or in our social life. Continue reading DAP calls for a Royal Commission of Inquiry to follow up on the ‘fresh leads’ and to complete the work of the Ahmad Nordin BMF Inquiry Committee to expose the top political personalities responsible for the $2.5 billion BMF scandal

Call on Dr Abdul Hamid Pawanteh to resign as Deputy Speaker of Parliamentary into a ‘Star Chamber’, an engine of oppression, injustice and unfair play, bringing the institution into public disrepute and contempt

Press Conference Statement by Parliamentary Opposition Leader, DAP Secretary-General and Mp for Kota Melaka, Lim Kit Siang, in Petaling Jaya DAP Hqrs on Saturday, DEC. 7,1985 at 12 noon

Call on Dr Abdul Hamid Pawanteh to resign as Deputy Speaker of Parliamentary into a ‘Star Chamber’, an engine of oppression, injustice and unfair play, bringing the institution into public disrepute and contempt

Yesterday, during the debate on the last bill, the Dangerous Drugs (Special Preventive Measures) Amendment Bill 1985, the Speaker, Tan Sri Zahir Ismail, interjected during my speech to remark that Parliamentary is akin to the highest court in the land. I agree, and this is why it is importance for the public confidence and public respect in the system of Parliamentary democracy that Parliamentary proceedings should not only be fair, but seen to be fair. Continue reading Call on Dr Abdul Hamid Pawanteh to resign as Deputy Speaker of Parliamentary into a ‘Star Chamber’, an engine of oppression, injustice and unfair play, bringing the institution into public disrepute and contempt

MAS shares and the NEP

The government has lamented that the private sector had failed as an ‘engine of growth’, as it had placed great reliance on the private sector to lift the Malaysian economy out of the recession and doldrums.

However, the government should take a deeper look at the problem as to why there appears to be a lack of private investor confidence in Malaysia. The government has announced a review and proposed changes to the Industrial Co-ordination Act. When the DAP warned in the 1970s that the ICA is the greatest dampener of domestic private investment, this was disputed by the Barisan Nasional government. Now, the government had to admit that what the DAP had been saying for the last decade was correct.
Continue reading MAS shares and the NEP