Archive for September, 2015

Why the Trans Pacific Partnership (TPP) is overrated | Free Malaysia Today

By Shaun Liew

Trade agreements aim to liberalize the flow of goods and services between nations, and the Trans Pacific Partnership (TPP) is “the cornerstone of the Obama Administration’s economic policy in the Asia Pacific”. It is the most substantial trade agreement in the Asia-Pacific region involving 12 countries including Malaysia, Mexico, Japan, and the U.S, and representing almost 40 percent of global output and 25 percent of global exports. “Free trade is good,” say all economics textbooks used in universities. However, what is rarely brought up is that tariff and non-tariff barriers can make all the difference in how a country reaps the gains from free trade. Malaysia’s fourth Prime Minister, however, is well aware of the traps inherent in trade agreements. In Dr. Mahathir’s words

Source: Why the Trans Pacific Partnership (TPP) is overrated | Free Malaysia Today

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Sabah to study legal options on seized native land – Nation | The Star Online

Published: Sunday June 28, 2015 MYT 12:00:00 AM Updated: Sunday June 28, 2015 MYT 7:31:47 AM Sabah to study legal options on seized native land KOTA KINABALU: The Sabah go­­vern­­ment needs to study legal op­tions before deciding how to handle some 2,000ha of native land seized from non-bumiputras who had used fake certificates to get them. The Malaysian Anti-Corruption Commission is expected to give the state government some proposals on the issue of the native land involving some 400 native titles, said Sabah Lands and Survey Department director Safar Untong. When contacted yesterday, Safar said MACC officers had met him on Friday and that both criminal and civil law elements were involved. They would have to look at pre­vious court decisions on ownership of land and civil cases where land was obtained fraudulently, he said. In a statement, Chief Minister Datuk Musa Aman said the state would have discussions with va­­rious agencies on the types of action to be taken against those holding illegally obtained native certificates, as well as other measures to protect native rights. “The state government supports MACC’s investigations into the native certificates as it is important for the protection of Sabah natives,” he said.

Source: Sabah to study legal options on seized native land – Nation | The Star Online