The Inequality Conundrum

The Morning Run team discuss the economic inequality that is hindering Malaysia’s high-income aspirations.

5:40 - According to sources quoted by the Edge, a large foreign-owned insurance company has proposed to contribute up to RM 2.5 billion to set up a medical scheme for the poor. This is in exchange for an exemption from having to sell a 30% stake to local investors as per Bank Negara’s requirement.

8:38 - Starbiz quoting sources say the board of Bursa Malaysia is looking for an experienced, credible candidate to fill Bursa Malaysia’s CEO position. The contract of the current CEO of Bursa - Datuk Seri Tajuddin Atan - will expire by end-March next year.