tag:blogger.com,1999:blog-42056312633482984502024-03-23T11:36:47.729-07:00LSSPlease visit my FaceBook page at https://www.facebook.com/lim.siansee (FB name is "Lim Sian See") for more lively discussions and posts.Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.comBlogger137125tag:blogger.com,1999:blog-4205631263348298450.post-87391519660528294652018-02-23T19:44:00.002-08:002018-02-23T20:12:10.101-08:00FELDA Old trees - a serious legacy problem that is being fixed.
Tun Mahathir stopped all new FELDA settlers in 1990 and stopped yearly govt allocations to FELDA in 1996 - ordering FELDA to source for its own funds.
Mahathir was more concerned about Proton, Sepang airport, KLCC, industrialization, KLCC etc.. Agriculture and FELDA was not important to him.
As a result, FELDA was deprived of replanting funds and the trees got old. Yields started Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com0tag:blogger.com,1999:blog-4205631263348298450.post-53278460337852005302017-10-11T05:43:00.001-07:002017-11-09T04:35:37.967-08:00Is Malaysia's petrol price too cheap or too expensive?Whenever petrol prices increases, people will inevitably grumble. It is human nature that people do not want prices to increase even though our income levels and standard of living has increased have increased over the years.
This article takes an objective view of the petrol price today (RM2.19 as at 9th October 2017) with the aim of giving the average Malaysian a fresh perspective of our Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com0tag:blogger.com,1999:blog-4205631263348298450.post-43798943205386132672017-06-16T04:54:00.004-07:002017-06-18T01:59:54.167-07:00Ten observations on DOJ's June 2017 1MDB-related civil suitHere are my thoughts on the latest civil suit based on that 250 pages court submission from the USA's Department of Justice submission:
1. It is still a civil suit for forfeiture of assets and not a criminal suit.
Nothing has changed since last year except that more assets are listed. It is also important to note that civil asset forfeiture lawsuits are filed against the assets themselves Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com0tag:blogger.com,1999:blog-4205631263348298450.post-63167402393566512332017-06-07T04:16:00.003-07:002017-06-07T04:30:33.741-07:00Part 2: BN "sold" Jelutong Highway land in Penang for RM20psf? Here are the facts.Continuing on from my previous posting where Penang Chief Minister's Lim Guan Eng's accusation that the previous BN Penang Govt sold land for a ridiculous RM1psf for the Tanjung Tokong/Pinang project, I go on to his second allegation.
Here's Guan Eng's much repeated (but lying) table again.
This time, it's the alleged sale of 325 acres of land at "Jelutong Expressway" for a total of RM325 Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com5tag:blogger.com,1999:blog-4205631263348298450.post-83528287463290369362017-06-05T16:03:00.003-07:002017-06-07T03:16:48.195-07:00BN Penang Govt's RM1 per square feet land sale? Here are the facts.Recently, Penang Chief Minister has been under fire for selling land without open tender and also for increasing the yearly operating expenses of the Penang Govt by an astonishing 500% since 2008, which is covered mostly by sale of state land and assets - until there is little left.
In return, the Chief Minister continues to roll out his umpteenth-times repeated cover-line to say that BN sold 36Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com0tag:blogger.com,1999:blog-4205631263348298450.post-8453524479970377262017-05-27T02:36:00.000-07:002017-05-27T19:06:47.819-07:00Crocodile tears: Mahathir and Proton1. Proton sales started to decline in the year 2003 while Tun Mahathir was still Prime Minister. Just two years later in 2005, it was overtaken by Perodua in the Malaysia market and overtaken by Honda in 2016.
Exports sales to UK and Singapore have now dropped to zero.
In Australia, from Jan to April 2017, Proton only managed to sell 11 cars.
2. Lotus Cars have lost money every Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com5tag:blogger.com,1999:blog-4205631263348298450.post-8885829372746555092017-05-19T08:02:00.001-07:002017-05-19T08:13:29.258-07:00The big TWIST: Parroting Guan Eng, a slap to Mahathir's face.
The "slapping" incident between Mat Over and David Teo has been a hot topic over the past two days.
Both Mat Over and David Teo had said they had lost their temper and acted badly. Both had publicly said that this issue is over for them and asked Malaysians to move on.
Movie producer David Teo and actor-comedian Sulaiman Yassin, who were involved in a scuffle at a National Transformation (Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com7tag:blogger.com,1999:blog-4205631263348298450.post-13692724903839842612017-05-05T19:22:00.004-07:002017-06-16T04:40:59.764-07:001MDB: Is RM60b enough to pay for RM41.7b?
In his latest statement, DAP MP Tony Pua has alleged that Malaysian Tax-payers will have to bail-out 1MDB to the tune of RM41.7 billion
After the majority of bank loans and short term debts have been settled by 1MDB in their past rationalization exercise, Tony Pua's statement lists out the remaining liabilities for 1MDB and details how he comes out with the RM41.7 billion figure.
Because Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com3tag:blogger.com,1999:blog-4205631263348298450.post-57952606846898229622017-05-04T01:40:00.001-07:002017-05-04T18:11:27.933-07:00Bandar Malaysia: Is there still a need to rush?The news that the Malaysian Ministry of Finance has called off the sales of 60% interest in Bandar Malaysia due to non-payment came as a surprise to many.
MOF had said that the buyer, IWH CREC Sdn Bhd (ICSB), the consortium of locally-owned Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (CREC) from China (M) failed to meet the payment obligations despite Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com3tag:blogger.com,1999:blog-4205631263348298450.post-67639837005598582002017-05-02T02:46:00.000-07:002018-03-16T20:14:46.805-07:00Malaysia's battle against Illicit Outflow of Funds and those who want to stop usOne of the biggest benefit of the tax reforms under PM Najib that led to implementing GST as well as the reductions in corporate and personal income tax as well as abolishing sales and service tax is also one that is seldom mentioned by the government and media due to diplomatic sensitivities.Over the years, our local portals had been highlighting the latest "Illicit Outflows of funds" report by Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com1tag:blogger.com,1999:blog-4205631263348298450.post-24032409557074984972017-04-26T03:40:00.003-07:002017-05-02T16:52:01.335-07:001MDB-IPIC: Bombshell letter from the British Virgin Islands Govt
Further to my blog post two days ago on the USD6 billion settlement between IPIC and 1MDB, there has been a new development.
In IPIC's announcement to the London Stock Exchange on the settlement with 1MDB dated 24th April 2017, the last paragraph states this:
"The parties have also agreed to enter into good faith discussions in relation to payments made by 1MDB Group to certain entities."Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com4tag:blogger.com,1999:blog-4205631263348298450.post-7710360723720380632017-04-23T21:24:00.006-07:002017-04-24T08:49:38.113-07:00The April 2017 IPIC-1MDB settlement: What you need to know.The news that 1MDB and Abu Dhabi's IPIC has come to a USD6 billion settlement instead of continuing with their international arbitration has come to a shock to many but not to me.
I had always believed that IPIC had the most to lose should the arbitration continue.
Once clue given by the Singapore Straits Times is this:
"Messy and protracted arbitration over the dispute would have brought intoLim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com9tag:blogger.com,1999:blog-4205631263348298450.post-91657668632209957932017-04-20T03:27:00.002-07:002017-05-16T15:10:08.463-07:00The BIG LIES: Tabung Haji, SRC, Putrajaya Perdana, Rafizi Ramli and NajibThis is not the first time Rafizi has tried to maliciously link Prime Minister Najib, Tabung Haji and SRC.
His previous attack had caused some 3,600 depositors to withdraw RM500 million from Tabung Haji and lose their place in the waiting list to perform their haj. This eventually caused a big backlash against Rafizi - losing him a lot of trust and support as people's lives were affected Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com4tag:blogger.com,1999:blog-4205631263348298450.post-69267275145083331612017-02-27T01:16:00.000-08:002017-02-27T01:18:10.787-08:00Kisah Residensi Kerinchi: Bertuah kerana tidak termakan hasutan dan fitnah pembangkangA collection of news articles about this incident that are not my own writings but added together tells the tale of how dangerous and selfish the Pakatan people are.
Hari ini, portal Free Malaysia Today melaporkan bahawa selepas lebih 6 tahun, seramai 472 keluarga menarik nafas lega apabila kediaman usang yang dihuni mereka sejak 1971 bertukar wajah dengan apartmen moden “Residensi Kerinchi”.
“Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com1tag:blogger.com,1999:blog-4205631263348298450.post-12456696609191417242017-02-04T21:26:00.001-08:002017-02-05T00:18:07.724-08:00A Malaysian perception: Cost of Living vs Standard of Living and affordabilityThe general perception is to blame BN for price increases in Malaysia and if you listen to Pakatan's promises, you would believe that prices will never increase.
It's a false hope and dream. It CANNOT BE DONE.
In fact, since 2008 Pakatan State Governments have raised prices of licenses, parking rates and business permits (Penang and Selangor), water charges in Penang 4 times.
On top of that Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com17tag:blogger.com,1999:blog-4205631263348298450.post-25844070432024508192017-01-13T02:03:00.002-08:002017-01-13T02:14:54.110-08:00JHO LOW, ERIC TAN and the ArabsA piece of news that has escaped many people is that on September 1st, 2016, The Wall Street Journal (WSJ) finally admitted that at least USD200 million into Najib's accounts came from Saudi Arabia sources and at least USD80 million can be directly traced to the Ministry of Finance of Saudi Arabia.
WSJ also said that USD20 million into Najib's account came from the USD24 million Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com1tag:blogger.com,1999:blog-4205631263348298450.post-85844302506658392842017-01-02T19:10:00.002-08:002017-01-02T19:10:42.112-08:00A short note on FELDALast week, Rafizi Ramli released the financial statements for Lembaga Kemajuan Tanah Persekutuan (FELDA) for just two years 2013 and 2014 and shouted that FELDA made a big loss of RM1.9 billion in 2013 and another RM1 billion loss in 2014 - which he then suggested is evidence that FELDA will soon go bankrupt.
What about the years 2012 and 2011? Why only 2013 and 2014.
Here it is:
Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com6tag:blogger.com,1999:blog-4205631263348298450.post-78439717078022312732016-12-22T20:04:00.001-08:002016-12-22T21:23:22.955-08:00Mahathir: "It’s almost like free money. If you didn’t borrow, then you are stupid. So, I borrowed."
There was an interesting article yesterday where Mahathir tried to rewrite history when trying to defend himself. As usual, Mahathir's replies were full of self-delusion and outright lies.
Mahathir: Economic woes not from my time
Dr Mahathir Mohamad denies the state of the Malaysian economy today is due to the lack of economic reforms when he was in power, iMoney reported.
He was Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com9tag:blogger.com,1999:blog-4205631263348298450.post-39505320796242207442016-12-15T01:10:00.002-08:002016-12-15T01:11:39.132-08:00Why Malaysia does not want to peg the Ringgit like it did in 1998Malaysia was one of the only countries to impose capital controls during the 1997-98 Asian financial crisis by fixing the exchange rate and requiring the currency be held at least a year after the sale of Malaysian securities or assets in the country. It was widely viewed as a major contributing factor to its subsequent economic recovery.
At that time, Malaysia suddenly pegged the ringgit but itLim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com2tag:blogger.com,1999:blog-4205631263348298450.post-38096535408080629302016-12-14T00:50:00.001-08:002016-12-20T05:29:35.875-08:0010 Petunjuk: Malaysia dalam KRISIS?Sedap mulut para pemimpin pembangkang seperti Dr Mahathir, Muhyiddin, Kit Siang dan sebagainya sering menuduh Malaysia sekarang dalam krisis dan oleh itu, perlu "diselamatkan".
KLCC hancur diserang alien. Pakatan Harapan akan lawan alien demi"selamatkan Malaysia"
Setiap pemimpin pembangkang dan blogger2 yang sewaktu dengan mereka sering keluarkan kenyataan-kenyataan begini. Malaysia dalam Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com21tag:blogger.com,1999:blog-4205631263348298450.post-19751104715813223942016-12-07T02:59:00.000-08:002016-12-07T07:58:02.651-08:00Tun Dr FitnahMahathir just issued a statement to attack MCA today. As usual, he recycles his allegations and laces it with lots of lies. Let's count these lies.
Tun Dr M's statement in italics and my replies in blue:
1. The MCA President has expressed his disgust at what he calls the lack of principle on the part of DAP.
2. He seems to think that DAP’s working together with me is all wrong.
LSS: Mahathir Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com6tag:blogger.com,1999:blog-4205631263348298450.post-16011242334241242792016-12-02T05:22:00.000-08:002016-12-03T00:21:30.650-08:00Mahathir's Motivation
The image of Mahathir in a BERSIH 5 shirt while doing a video advertistment to promote the event was a real eye-opener for many people - some people applauded him while many others were turned off.
We may never know if his presence was the reason why BERSIH 5 attendance was down by as much as 80% as estimated by BERSIH themselves or down 60% as estimated by MalaysiaKini but that is not the Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com8tag:blogger.com,1999:blog-4205631263348298450.post-15721071581346929032016-11-28T22:30:00.000-08:002016-11-28T23:39:11.779-08:00Sabar! Let's get some perspective on the recent Ringgit weaknessI was motivated to write this article due to someone sending me the following piece of misinformation written by Pascal Najadi,
I had noticed recently that Mahathir and the opposition had started attacking the weakening of the Ringgit and said this is a sign of Malaysian going bankrupt so I thought I would pen a few pointers to help Malaysians get a better perspective.
I will come back to Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com13tag:blogger.com,1999:blog-4205631263348298450.post-39950597227778321602016-11-26T02:01:00.001-08:002016-12-03T04:05:21.206-08:00Wikileaks, DC Leaks, Malaysia BERSIH, Maria Chin, SOSMA and the Ukraine ExperienceThis is a long blog post but a deadly serious subject like this certainly requires it.
In the middle of this year, exposes and leaks by both WikiLeaks and DC Leaks have shocked the US presidential elections. This got Hilary Clinton into a lot of trouble with the FBI. Many of these leaks also concerned George Soros' Opens Society Foundation /
2,576 files predominately related to George Soros' Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com21tag:blogger.com,1999:blog-4205631263348298450.post-24620880001369333852016-11-24T07:48:00.001-08:002016-11-25T11:12:14.420-08:00Kenapa tiba-tiba pembangkang diam mengenai kroni IPP dan isu kehilangan beratus bilion?Allahyarham Tan Sri Ani Arope pernah mendedahkan, beliau dipecat daripada jawatannya sebagai Ketua Pegawai Eksekutif Tenaga Nasional Berhad (TNB) adalah kerana keengganannya untuk 'mengikut telunjuk' Tun Dr Mahathir Mohamad yang ketika itu masih lagi Perdana Menteri bagi memeterai perjanjian berat sebelah dengan pengendali Penjana Tenaga Bebas (IPP).
Melalui satu wawancara sebelum pemergian Lim Sian Seehttp://www.blogger.com/profile/00272985984113303124noreply@blogger.com4