Monday, April 16, 2012

‘ANTI-PTPTN STUDENTS SHOULD RETURN LOANS’ – TUN DR. M


KUALA LUMPUR: Students who want the National Higher Education Fund (PTPTN) to be abolished should return their loans or refrain from taking them, rather than demonstrate against the fund, said former prime minister Tun Dr Mahathir Mohamad.

He said those who had suggested to the government to do away with PTPTN should look into ways of supporting these students financially.


Dr Mahathir said abolishing PTPTN would have an impact not only on the cost of education but also in distributing benefits.
1MDB 'DIDN'T ORDER DEMOLITION'

KUALA LUMPUR: THE demolition of Imbi Palace Restaurant in Jalan Imbi, Bukit Bintang, on Saturday was not authorised by its landowner, 1Malaysia Development Berhad.

1MDB, in a statement yesterday, said it had never contracted or authorised any party to demolish the restaurant, which is located in an area earmarked for the proposed Kuala Lumpur International Financial District (KLIFD), which the company oversees.

"This is a case of dispute between the lessee and the sub-lessees on vacating the premises," said its corporate communications senior vice-president Shahriza Embi.

1MDB is a strategic development company wholly owned by the Malaysian government.

Shahriza said 1MDB would step in to mediate in the dispute that caused an unauthorised partial demolition of the restaurant. She said 1MDB had a firm policy of finding amicable solutions in its relocation exercises.

GOVT 'CAN MAINTAIN PETROL PRICE' - MINISTER

BERA: Prices of most consumer goods can be maintained as the government has increased fuel subsidies and enforced laws to stop profiteering, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob.

While other countries had increased petrol prices, Ismail said Malaysia had added the subsidy for RON 95 to maintain its price at RM1.90 per litre.

He said the government had never imposed a sales tax on RON 95, which was estimated to be 58 sen per litre.

"No other country can maintain fuel prices like us, including China and Indonesia. The latter's decision to increase petrol prices recently even resulted in riots," he said after the simultaneous opening of Bera Umno branches' meetings by party supreme council member Datuk Seri Mohd Ali Rustam here yesterday.

Ismail said the price of RON 95 petrol was cheaper than that in Thailand (RM4.71), the Philippines (RM5.85), Singapore (RM5.48) and Indonesia (RM3.08).

'KEEP 25PC BUDGET ALLOCATION FOR EDUCATION' - DR. M
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SINTOK: The government should continue to allocate 25 per cent of the annual budget towards the education sector.


Former prime minister Tun Dr Mahathir Mohamad said yesterday such allocations should be continued as they had played a major role in upgrading the capacity of Malaysians to provide trained human capital.

Speaking after the launch of the 28th anniversary celebrations of Universiti Utara Malaysia, he said the 25 per cent of allocation in the country's budget had always been the government's target for the education sector.

The 2012 Budget tabled by Prime Minister Datuk Seri Najib Razak had allocated some RM50.2 billion to the sector.

Earlier, Dr Mahathir said the government, under the administration of Najib and during his 22-year tenure as prime minister, had carried on spending a large sum on education so that they could continue to produce and develop talented, creative, innovative, educated and knowledgeable Malaysians.

"This is an investment for the future as we believe the new generation of educated Malaysians can learn how to manage the country's income and expenditure intelligently and, at the same time, can develop the nation rapidly.

"We are not wrong to think that way. Many can see the changes taking place in the development of the country and the education system now compared with the times before independence.

"Today, we have Malaysians who are capable of holding important posts in an organisation and also decision-makers in huge organisations compared with the times when colonialists thought that no Malaysian was capable of holding such positions due to the lack of education.

"We also see Malaysians, let it be in the rural areas or in towns, having a better lifestyle, all thanks to the knowledge they gained through the education they obtained."

Dr Mahathir also urged university students to diversify their knowledge and not stick just to one field as the nation today demands such multi-talented graduates.

He suggested that students take up management courses in addition to the courses they had enrolled in.

"This is necessary as we see a lot happening in other countries due to lack of management skills. We also see countries going bankrupt because of that."

During the question-and-answer session after his speech, Dr Mahathir was asked his views on the planned public listing of Felda Global Venture Holdings (FGVH).

He said the public should know how to evaluate and see if the decision carried out was beneficial or not. "In this case, I personally think it will benefit the Felda settlers. No one can say the Felda scheme is a failure."