Category: Development EN

The Consumers Association of Penang (CAP) is appalled at the state of affairs concerning the safety of our buildings and the safety standards practiced by local and foreign contractors here. The country is still reeling from the tragedy of the Jaya Supermarket deaths and now we have another near miss in the form of the Sultan Mizan Zainal Abidin Stadium roof collapse in Kuala Terengganu. It is...

The Consumers Association of Penang (CAP) refers to the article “Far from being rotten” ( NST – Property, June 23), by Datuk Eddy Chen, the immediate past president of REHDA, on why there is no need to change the present Sell-then -Build (STB) system. His argument is that abandoned projects form only a small portion of the millions of housing units successfully built, as such there is not...

The multinational corporations, aided by hedge funds, play a key role in causing the current global food crisis and rise in food prices through their increasing control of the food system. The United Nations special rapporteur on the right to food Jean Ziegler recently indicted multinational companies for badly aggravating the food crisis and raising food prices. Speaking in Geneva, Switzerland,...

The present rise in capital flows to developing countries is having destabilising effects on currencies and asset bubbles that could eventually bust, warns a new South Centre paper. By Martin Khor Huge funds at near-zero interest made available by the United States and other developed countries to boost their flagging economies are instead fuelling booms in capital flows to developing countries...

Shrimp farming has again wielded its ugly image, the latest being discharge from several shrimp farms in Kuala Selangor that has polluted neighbouring mangroves swathes and threatened the firefly colony and other marine life in Kuala Selangor. Over the years, the Consumers’ Association of Penang (CAP) has been objecting the development and expansion of shrimp farming in Malaysia as it has...