公仆加薪超出经济学家预估, 政府大派糖果大选近在眉捷

【本刊陈子莹撰述】早前政府就已发出公务员调薪的消息，马来西亚首相阿都拉巴达威今天正式宣布，公务员将可获得7.5 %至35%的调薪，生活津贴全面增加100%，警察与军人将获额外的20%加薪，由7月1日起生效。



根据《马新社》的报道，阿都拉（左图）今天在布特拉在也宣布，公务员在7月1日起，都能获得7.5%至35%的调薪；至于在工作岗位上需冒上生命危险的警察和军人，则会获得另外20%的调薪。



阿都拉也提到，专业阶级（第1至16级）的底薪，可获得35%的调整；而第一支援组（第17级至40级）将可获25%的调整。



政府在调整全国100万2040个公务员的薪水后，今年需耗费马币34亿元，或是每年需花费额外68亿元。至于100%调升公务员生活津贴后，政府也必须在今年内拨出六亿元，在接下来的每一年都必须额外的12亿元。

调薪幅度超出经济学家预估

国内经济学家早前就推算，若是政府要提高公务员薪水5%，我国的财政赤字就会展延至国内生产总值的3.8%。假设所有的状况都维持不变，公务员薪金调整10%，将会把公共开销提高2.4%，同时在2008年的实质国内生产总值（Real GDP）也会提高0.3至0.4点。【点击：公务员调薪到巨无霸指数 加薪也追不上邻国购买力】



显然地，首相今天公布的调薪幅度，已远远超出经济学家的预估。公务员这一次大幅度加薪后，应该会进一步推动国内的私人消费；不过，却也为国库加重了负担。


尽管如此，阿都拉今天在宣布时也提及，政府这一次有能力为公务员调薪，主要的因素来自税收的增高以及更精明的开销。



他接着还特别提起，政府已在去年成功将财政赤字，从5.3%降到3.5%，政府会继续秉持这一套的财政原则。



大选前派糖果的伎俩



另一边厢，社会主义党秘书阿鲁茨万（Arutchelvan，右图）不排除，这是政府在大选前大派政治糖果的技俩。他向《独立新闻在线》提到，眼前可观察的两个大选前“暗示”就是：公务员调薪及降低国内的汽油价格。



除此之外，他非常赞同政府这一次的举动，寄望这一次调薪后，可以让低级公务员的生活水平可以获得提升。毕竟，我国公务员最高和最低薪水的落差，排在全世界最高位。



他也希望，既然政府这次可以调升公务员的薪金，应该进一步把最低薪金制推介到私人界，让全体的工人都能得到保障。



政府这一次调整公务员薪金，升幅最大的相信是最低级的公务员，这些包括了月薪只有马币480元的普通工人，还有就是从事园丁、司机、书记以及普通文员的公务员



Source:http://www.merdekareview.com/news.php?n=4091

YTLPower- Possible Privatisation Target

BROKER CALL - Malaysia's YTL Power undervalued, privatisation target - TA
21/05/2007 15:54:00
KUALA LUMPUR (XFN-ASIA) - YTL Power International Bhd shares have been
undervalued by the market, making the company one of the potential takeover
targets on the local bourse, said TA Research.
"In a recent meeting, its major shareholder has hinted that privatisation of
YTL Power is a possible option if the market continues to undervalue the stock,"
said TA in a note to clients.
YTL Power's share price at current levels does not reflect the fact that the
company provides a steady stream of cash flow to the tune of 900 mln rgt yearly,
it noted.
YTL Corp owns a 57.69 pct stake in YTL Power, according to the company's 2006
annual report.
Besides, there is a good chance for it to become a KLCI component stock that
will increase the appetite for YTL Power among institutions and funds that tract
the benchmark index, said TA.
As a result, the company has a greater chance to benefit from the further
appreciation of the ringgit, triggered by China's latest move to allow a wider
trading band for its yuan, it added.
At 3.32 pm, YTL Power was down 0.03 rgt or 1.21 pct at 2.44, while YTL Corp
gained 0.25 rgt or 2.96 pct to 8.70.

Source: osk wirenews

CIMA - S&P strong BUY

BROKER CALL - Malaysia's CIMA at 'strong buy' on better earnings prospects - S&P
21/05/2007 15:11:00
KUALA LUMPUR (XFN-ASIA) - Standard & Poor's Equities Research said it has kept
its ''strong buy'' call on Cement Industries Of Malaysia (CIMA) with a target
price of 7.50 rgt on expectations of improved earnings ahead after the company's
first quarter results were ''in line'' with its expectations.
"We expect CIMA to report better earnings in the following quarters given
expectations of higher demand to follow through once the Ninth Malaysia Plan
(9MP) projects are implemented and the increase in production capacity by about
150,000 tons per annum from July 2007 to cater to expected stronger demand,'' it
said, noting that the current capacity is 3.4 mln tons
"The upgrade of its two cement plants in Perlis and Negri Sembilan will improve
production efficiency and reduce costs. Furthermore, as volume sales improve, we
expect the increase in pricing to flow through to the group's bottomline,'' S&P
said in a note to clients.
The research house said the risks to its recommendation and target price
''include slower demand arising from a longer-than-expected rollout of 9MP
projects, higher-than-expected raw material and energy costs, and an unexpected
round of cement price war.''
At 3.00 pm, CIMA was flat at 5.55 rgt.

Source: OSK wirenews

Why StemLife shoot up?

Malaysia's StemLife Q1 net profit 2.042 mln rgt vs 405,000
21/05/2007 18:25:00
KUALA LUMPUR (XFN-ASIA) - Cell bank operator StemLife Bhd first quarter to
March results:

Sales - 5.03 mln rgt vs 2.59 mln
Pretax profit - 2.045 mln rgt vs 405,000
Net profit - 2.042 mln rgt vs 405,000
EPS - 1.24 sen vs 0.58 sen

Source: osk wirenews