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5354_ | Joined since 2018-09-08

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Stock

2019-01-13 16:48 | Report Abuse

Kit Siang: Cronyism, education neglect stunted Felda's growth potential

PETALING JAYA: It was cronyism and education neglect under the previous Barisan Nasional administration that caused Felda's potential of economic growth to be stunted, says DAP stalwart Lim Kit Siang.

Hence, this is the reason why Felda settlements remained as merely a plantation village with no other industrial activities, said Lim.

Lim claims he was informed by an unknown Felda settler's son that any plans for settlers to expand beyond cash crop agricultures are practically barred by Felda.

"The settlers are not allowed to plant anything else or do other economic activities on the allocated land without permission, reducing their ability to diversify.

"Settlers have been asking Felda for permission to be allowed to farm other produce on part of their land as diversification, but to no avail," he said in a statement on Sunday (Jan 13).

Lim pointed out that because land within such settlements is all owned by Felda, industrial activities are practically barred.

"Investors cannot go into the settlement areas to tap into the human capital, due to the land monopoly.

"This has created a situation where the second generation of settlers having to either move out of Felda in poverty, or continue to be farmers if they receive the ownership of the plantation from their fathers," he said.

Meanwhile, Lim said that the previous government's plans on assisting farmers in setting up their plantation failed to generate secondary economic activities such as small enterprises to support the local economic ecosystem.

According to Lim, this was due to Felda's management practice of subcontracting these potential economic opportunities to Barisan's cronies, which had limited the first and second-generation settler's ability to partake in such economic endeavours.

Lim said that as part of Felda's management reform, the Pakatan Harapan government would liberalise the secondary economic market for Felda settlers.

"By removing cronyism and corruption within Felda, we can finally realise the true potential of Felda as a social programme, intended to lift the rural poor out of the poverty cycle, while at the same, time creating a vibrant community."

Read more at https://www.thestar.com.my/news/nation/2019/01/13/kit-siang-cronyism-education-neglect-stunted-feldas-growth-potential/#dWfTqRJzQBoMBFtC.99

Stock

2019-01-13 11:32 | Report Abuse

Are you sure only Parkson affected? Why Econsave, Guardian, Watson,etc and many retailers not affected?

Posted by VenFx > Jan 13, 2019 07:11 AM | Report Abuse
Is Parkson will varnished in the rising of eternet ?
I still feel hard to believe it.
What strategy laid out ?

Stock

2019-01-13 05:31 | Report Abuse

2.5% share dividend Trop can give after CNY if SBB continue?

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2019-01-13 05:17 | Report Abuse

Proton Saga can worth RM 5 million so FGV RM 10?

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2019-01-13 05:14 | Report Abuse

Proton Saga 1 RM 5 juta so Sap RM 5?

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2019-01-11 21:11 | Report Abuse

What drop? Next week RM 1?

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2019-01-11 17:36 | Report Abuse

Up 0.5 sen is lai lo.

Watchlist

2019-01-11 17:30 | Report Abuse

No 1 now? Where got die?

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2019-01-11 16:32 | Report Abuse

What problems? CPO already up haha.

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2019-01-11 16:24 | Report Abuse

Mohd Yazid punya pui dari 27 sen sampai hari ini tak boleh bosan? Dapat apa?

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2019-01-11 16:22 | Report Abuse

Mohd Yazid ada beli saham atau tak da duit?

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2019-01-11 16:21 | Report Abuse

hng33 come here meaning he is smart unlike those talk bad.

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2019-01-11 16:08 | Report Abuse

Proton Saga meaning slow start but finish like King?

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2019-01-11 16:07 | Report Abuse

MyEg why sudah pancit?

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2019-01-11 16:05 | Report Abuse

Mohd Yazid still here? Penang123 where are you?

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2019-01-11 16:03 | Report Abuse

No drop back like VS meaning buyers are strong.

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2019-01-11 09:14 | Report Abuse

Felda White Paper discuss earlier?

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2019-01-11 09:12 | Report Abuse

Who buy? FF? BNM? KWAP/EPF?

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2019-01-11 04:38 | Report Abuse

Dough nut using palm oil+sugar from MSM. No wonder so sedap.

News & Blogs
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2019-01-10 12:59 | Report Abuse

Why must sell? PRGL still up and CNY soon.

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2019-01-10 12:24 | Report Abuse

Hisham good? Back to BN? Must wait 4-4.5 years haha.

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2019-01-10 12:06 | Report Abuse

No wonder Azmin beat Rafizi. He is good even on his own bec as Selangor MB very powerful?

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2019-01-09 21:16 | Report Abuse

So is high borrowing.

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2019-01-09 21:06 | Report Abuse

Duri sawit cucuk punggung Azhar? 75 sen tak boleh lebih?

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2019-01-09 20:58 | Report Abuse

Agree. Notably Ace IPO.

oasischeah Nowadays all new shares will end up below the IPO price. Don't get carried away with prices having got to be above IPO price. Look at the recent NOVA and RGthread and few more. All of them are way below IPO prices. Those were the days of sure win big on openings of new counters at KLSE.
08/01/2019 14:54

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2019-01-09 18:41 | Report Abuse

5.5 sen Dato Richard also buy.

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2019-01-09 18:37 | Report Abuse

SBB stop. Real buyers lai liao?

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2019-01-09 17:37 | Report Abuse

MS still buying. Why no BOD appointment?

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2019-01-09 17:33 | Report Abuse

Reit listing why no news?

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2019-01-09 17:31 | Report Abuse

Who dream PH can win GE14 haha.

Watchlist

2019-01-09 17:29 | Report Abuse

Volatile portfolio. Got hold 1 year?

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2019-01-09 17:19 | Report Abuse

Kenanga only get it right. The rest IBs' buta gaji?

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2019-01-09 17:18 | Report Abuse

Profit can grow with min wage increase, US drop?

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2019-01-09 16:58 | Report Abuse

Posts more haha.

Penang123 Mohd Yazid Mohd Ali @ jahat celaka
09/01/2019 15:3

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2019-01-09 16:56 | Report Abuse

3rd day up. 1 by CNY ada harapan?

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2019-01-09 16:53 | Report Abuse

RI tengah jalan takkan IBs' mau pegang banyak Sap?

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2019-01-09 16:46 | Report Abuse

When haters say sell we must buy haha.

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2019-01-09 15:03 | Report Abuse

RI unsubscribed IBs' must buy?

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2019-01-09 14:55 | Report Abuse

Desmond Lim 2.5 can get back capital in pig year?

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2019-01-09 14:49 | Report Abuse

If back to 60 sen not gain 3X buying now?

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2019-01-09 14:40 | Report Abuse

Nestle 146 can why BAT 50-70 got problems?

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2019-01-09 14:39 | Report Abuse

Gogogo RM 50 can reenter CI?

Stock

2019-01-09 10:25 | Report Abuse

93-94 bull run no come how to subscribe RI?

GoodBoy Looks like most retailers not interested to subscribe the RI n pay 0.30, but, still interested to buy the mother shares at below 0.30 ... Logically, the operator would sell the mother shares to retailers now n subscribe the excess RI later ... At the end retailers are the one footing the bill ...
09/01/2019 10:22