Inter-Research And Studies (IRAS)

This article has earlier appeared in Beritadaily.com on 18/3/2016 The Pakatan Harapan government in Penang was recently embroiled in a controversy over the sacking of two PKR assemblymen from the boards of state government-linked-companies, InvestPenang and Penang Hill Corporation (PHC). The termination of the services of Ong Chin Wen (Bukit Tengah) and Cheah Kah Peng (Kebun Bunga) was announced by Chief Minister Lim Guan Eng, in retaliation for their decision not to vote against an Umno motion to halt land reclamation projects in Penang. PKR, however, defended its two state assemblymen, saying its elected representatives are allowed to vote according to their conscience and the people’s interests. To add salt to the wound, the DAP-led state government appointed Seremban MP Anthony Loke to the board of PHC to replace Cheah. The state government has reasoned that Loke’s appointment was based on his capacity as the party’s shadow minister for tourism and culture at the federal level whi...

DRB-Hicom Bhd will announce a working plan to remedy problems faced by national carmaker Perusahaan Otomobil Nasional Bhd (Proton) next month, said its chief operating officer Datuk Seri Che Khalib Mohamad Noh. The plan is paramount and if not implemented could bring serious negative consequences to DRB, a major investor in Proton, said Che Khalib. “Proton is in trouble and if we don’t solve Proton’s problem, not only Proton would go down but the whole DRB will go down,” Che Khalib said after his presentation at the Malaysian Institute of Certified Public Accountant-Bursa Malaysia Business Forum in Kuala Lumpur yesterday. He, however, did not elaborate on the details of the problems faced by Proton. The problems, if not resolved, would affect its 11,000-plus employees and the whole automotive ecosystem surrounding Proton, he said. Meanwhile, a newswire reported yesterday that DRB’s group managing director Datuk Seri Mohd Kamil Jamil said Proton’s performance would have an impact on ...