Malaysian Insider is getting popular as an alternative and independent news portal.I have followed this news blog from its inception to its growing popularity. A news portal with balanced and non-partisan reporting.
The left-wing Malaysia Today (unfortunately blocked by the government but you still can be accessed at http://mt.m2day.org/2008/) and Malaysiakini(by subscription only) which have been around for much longer are more popular due to the increasing unpopularity of the government and the people desire for political and social changes.
Below is an article on the state of the economy:
The concerns could be misplaced. For the first half of 2008, Malaysia’s gross domestic product grew at a very reasonable 6.7 per cent. The second quarter’s trade surplus clocked in at a whopping RM40.8 billion compared to the first quarter’s RM27 billion. Gross exports grew at a healthy 21 per cent although it was admittedly due to the high prices of commodities like oil and palm oil. Even so, manufacturing exports grew 12 per cent, which isn’t half bad. And domestic demand grew 8 per cent, slightly lower than the 10 per cent growth experienced during the first half.
Fundamentally, the Malaysian economy remains resilient. In the past, Malaysian GDP growth used to track the leading indicator of the Organisation for Economic Cooperation and Development countries; in effect, when the OECD leading indicator plunged, Malaysian GDP growth followed suit. That is no longer the case with Malaysian growth rates remaining at between 5 and 6 per cent even as the OECD leading indicator fell, as evinced in recent years. This is, in part, due to the country’s luck and the high prices of its natural resources like rubber, palm oil and petroleum. Another factor is the emergence of tourism as a significant growth sector: last year, visitor arrivals hit 21 million, a new record high.Read more.....
ASIA CREDIT-Malaysia's ratings still safe despite big budget