Sel, Feb

KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened lower against the US dollar today on lack of demand for the local note as investors remained bullish on the greenback. At 9 am, the local note was quoted at 3.7125/7155 to the US dollar from Thursday's 3.7030/0080.

Meanwhile, the ringgit traded mostly lower against other major currencies. It depreciated to 2.6747/6788 versus the Singapore dollar from 2.6719/6769 on Thursday and eased to 3.0758/0788 against the yen from 3.0674/0728 yesterday. The ringgit strenghtened to 5.4789/4856 against the British pound from 5.4934/4023 and slid against the euro to 3.9594/9633 from 3.9459/9527 on Thuesday- Bernama

The sad truth is we Malaysians are addicted to our subsidies. The laundry list of items and services that are subsidised is long – ranging from our daily food items, transport, medical and education. However, we can’t continue with these subsidies indefinitely not only are they unsustainable but also just bad fiscal management of our country’s wealth.

Fuel is one of the biggest subsidies in our country. In 2013, the cost of petrol and gas subsidies in Malaysia were estimated to be around RM45 –

mosques20 THE BIG national debate has returned: Is Malaysia an Islamic country or a secular state? The Muslim majority of the country’s 30 million people would probably say it is an Islamic nation while the 40 per cent that make up the non-Muslim population would insist it to be secular. There was a time when it did not matter because religious and racial issues were strictly avoided in public discussions and discourse between people of different faiths. And, because of this, there was no discord