Author: Medecci Lineil

The dark matter behind our choices

“Prometheus stole fire from the gods and gave it to man. For this, he was chained to a rock and tortured for eternity.” – Oppenheimer, 2023 You’ve heard of dark matter, right? We can’t see it, but its presence is felt when it moves things around. The way gravity or

Customise contracts for better wages, says economist

KUCHING: Centre for Market Education (CME) economist Carmelo Ferlito has called for better employment contracts that link individual wages to company goals with greater transparency.He suggested that wage increases ideally come from direct talks between an employee and their employer instead of using a progressive wage model (PWM) policy.PWM is

MASwings’ takeover, proceed cautiously

Running an airline is like having a baby: fun to conceive, but hell to deliver – Collet E. Woolman (1889 – 1966), founder of US Delta Airlines. – Collet E. Woolman (1889 – 1966), founder of US Delta Airlines. WHEN I was sent to Bakun Dam on behalf of the

Form 6, triumphs against odds

No man should escape our universities without knowing how little he knows. – Julius Robert Oppenheimer, 1904-1967, American physicist. Each time I see students jumping for joy over their straight A’s in the Malaysian Certificate of Education (SPM), my heart sinks a little. At first, I didn’t understand the idea

Taylor, look what you made us do!

“Don’t be afraid to speak your truth, even if your voice trembles. Your words have the power to ignite change and inspire others.” – Taylor Swift, American singer-songwriter, December 13, 1989  These recent months have been pretty tough on all Taylor Swift fans. You know that feeling when you’re dying

New EPF plan will address old-age poverty

KUCHING: An economist has put forward a thesis that the proposed  mandatory monthly withdrawals from the Employees Provident Fund (EPF) could provide a solution to challenges related to Malaysia’s ageing population and rising old-age poverty. “The idea is to ensure retirees can cover daily expenses and health care with a

Economist calls for market freedom, less ‘Ali Baba’

KUCHING: Centre for Market Education (CME) economist Carmelo Ferlito has argued that lowering regulation in markets may reduce the chances of exploitation and unethical profit-seeking. The term “rent-seeking” is used to describe these kind of manipulations. Examples include trying to get government money, subsidies or rules in one’s favour for

When border crossings turn into ordeals

“I always thought security was a joke at New York, and in US airports to begin with. You can go through any European or Middle Eastern airport and things are a lot tougher” – Richard Drew, American photographer NOT to brag or anything, but I have been on more plane

Economist calls for managed floating exchange rate policy

KUCHING: Universiti Malaysia Sarawak (Unimas) economist Jerome Kueh has suggested adopting a managed floating exchange rate policy to counter the persistent depreciation of the ringgit. According to Kueh, this approach should be considered as a delicate dance where the government occasionally steps in to guide the currency, just like a

Economist: Monetary policy alone cannot boost ringgit

KUCHING: The strength of the ringgit is influenced by a range of factors that are constantly changing and beyond anyone’s control, according to Centre for Market Education (CME) economist Carmelo Ferlito. He said that while interest rates play a role, they are not the sole determinant of the currency’s performance.