‘The price of monopoly is upon every occasion the highest which can be got…The one upon every occasion the highest which can be squeezed out of the buyers, or which, it is supposed, they will consent to give…” Adam Smith, The Wealth of Nations (1776) Tenaga Nasional Berhad or TNB, once called National Electricity Board (NEB)Continue reading “Electricity and its Discontents”
Author Archives: legatare
Selamat Arrivederci
Malaysia and the Statute of Rome Malaysia has just announced it will pull out of the Rome Statute. The Rome Statute (not to be confused with the Treaty of Rome that gave birth to the European Union) is an international treaty that aims to punish powerful individuals who can get away with killing and murderContinue reading “Selamat Arrivederci”
Finding fairness
Measured by gini index, Malaysia is now Asia’s most unequal society ( more than even famously unfair countries like India and China). The latest model BMWs you spotted in BSC, non-halal 12-course dinners and the lavish lifestyles of denizens of Damansara are an alien world apart from the majority of citizens in the Klang ValleyContinue reading “Finding fairness”
How to brew the Golden Tea : Franchising in Malaysia
Looking at the lifestyle outlets sprouting up in shops and malls these days gives people the impression that franchising is the easiest way to start a business. With planning, knowledge and of course money, it can be. Franchising is when a business owner gives you the right to use his brand, product, business system to operate your businessContinue reading “How to brew the Golden Tea : Franchising in Malaysia”
Malaysia’s RPGT 2019: More Pain, Less Gain
From 1 January 2019 onwards RPGT will have to be paid regardless of how long you have owned your property. Real Property Gains Tax (RPGT) is the share of money you must pay to the government from the profit you make in selling your house. Previously under Najib Razak RPGT in 2014 was hiked up toContinue reading “Malaysia’s RPGT 2019: More Pain, Less Gain”
