Published On Jan 23, 2024
Si Ali dapat nama, tapi Si baba buat kerja. Ali gets the fame, Baba gets to do the work.
Rafizi Ramli, the Economy Minister said Malaysia had lost RM17 billion to RM18 billion due to it.
Ali Baba, also known as rent-seeking, involves manipulating public policy or economic conditions to increase profits.
This includes illegally renting business licences to others, or securing a contract only to have a third party implement it, with the original contract holder getting a cut of the profits.
Sumber/Source:
1. https://api.nst.com.my/news/nation/20...
2. https://www.malaysiakini.com/columns/...
Please support my work on:-
★ Patreon: / mariammokhtar
★ Website: https://www.mariammokhtar.com/
★ Facebook: / rebuildingma
★ Twitter: / mariamadmrlgen
★ Instagram: / rebuildingm
Credit notes: Thank you FB/Reddit/Instagram/X (ex-Twitter) friends, Patreon sponsors, Fahmi Reza, Zunar, alternative newsmedia, MalaysiaNow, YouTube videos, Malaysiakini, FMT, The Star, NST, Astro Awani, Berita Harian, Utusan Malaysia, Reuters, Channel News Asia, Reuters, Suara Rakyat Malaysia for their pics/video clips/articles, if used.
The videos from YouTube, reddit, or Facebook or other social media sites, normally sent by friends, if applicable & used, are for illustrative purposes only and to emphasize a particular point.
Rebuilding Malaysia strives for complete accuracy, but mistakes do sometimes arise. If you spot any, please leave a message here.