Malaysia Today - Your Source of Independent News |
RM27 Million? Unbelievably Preposterous! Posted: 12 Jun 2011 09:37 PM PDT In the report, Youth And Sports Minister Datuk Ahmad Shabery Cheek stressed that the government did not use any "additional expenditure" for the event, and said a "large" amount of the RM27 million was obtained via sponsorship from the private sector. So it is justified to spend RM27 million just so that more than one million youths attended the assembly to listen to our PM call on youths to "defend Putrajaya" from the opposition if they wished to see Malaysia transformed into a developed country. Isn't this such an expensive event? The parties concerned should justify and account for EVERY SINGLE CENT OF THE RM27 million that has been spent. MPs and the sponsors MUST ASK WHY AND HOW THE MONEY WAS SPENT!!! Couldn't the RM27 million be put to BETTER USE with MORE long lasting effects than a one-time event? Just last month, The Malaysian Insider reported HERE that Khairy Jamaluddin called on the government to slash funding to ineffective programmes such as National Service before asking the public to accept subsidy cuts the Najib administration has hinted at recently. "Don't ask people to tighten their belts before you take a red pen and razor knife to your own shopping bill," the Rembau MP told The Malaysian Insider today. Recently, Prime Minister Datuk Seri Najib Razak also said fuel subsidies were "like opium" to the Malaysian economy and would have to be gradually slashed as the initial bill of RM11 billion had soared to RM18 billion for this year due to escalating crude oil prices. READ MORE HERE. |
NST now a kid’s paper, sells below 90,000 Posted: 12 Jun 2011 05:15 PM PDT The decline of the NST has long been the subject of public debate, but the Audit Bureau of Circulation report for 2009 makes it beyond doubt: ABC now includes a breakdown of the bulk sales component.
Regular blog commenter nstman will be pleased. The ABC figures bear out his comment last year that NST had fallen well below 90,000. Bulk sales at wholesale price — minus the news vendors' commission of as much as 40% (split between the distributor and the news agent) — are made mostly to companies who sponsor copies of the New Straits Times to be distributed free to school children, or sold to schools at wholesale price for school children, or to institutions such as hotels which provide a copy of the newspaper in guest rooms. The NST is thus riding on a big chunk of charity — a lot of the bulk sales go to government companies like CIMB bank and Telekom and politicians who give copies of the NST to be used as English-language teaching aids in schools. Bulk sales are more important to the NST than to any other newspaper. NST management will probably see the figures as vindication of their marketing strategy and their big Spelling Contest, to push into schools and catch future readers at a young age. But what it means in practical terms is that one in five NST readers is really a kid. Now the real test will come in a couple of years when those kids who grew up with the NST in the classroom go out to work. Will they still remember the NST fondly? Or will they remember it as part of the torture they went through in school and thus switch to the Sun (it's also free) or the breezy Metro for a change? Read more at: http://uppercaise.wordpress.com/2010/09/13/newspapers-lose-sales/ |
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