BFM 89.9

HIGHLIGHTS 
Podcast  >  Evening Edition  >  Top 5 At 5  >  Top 5 At 5: Is a Global Wealth Tax a Fool's Errand?

Top 5 At 5: Is a Global Wealth Tax a Fool's Errand?

Dr Geoffrey Williams, Economist

02-Aug-24 17:00

Top 5 At 5: Is a Global Wealth Tax a Fool's Errand?

The stories we covered today include:

5. We check in on our Malaysian athletes at the Olympics. First, updates on our shuttlers, Pearly Tan and M. Thinaah, who are the first Malaysian women's doubles team to make it to the semi-finals. Then, we discuss the progress of other athletes, focusing on cyclist Datuk Azizulhasni Awang as he prepares for his races. Haresh Deol, Editor at Twentytwo13, shares his thoughts on the overall achievements of our athletes.

4. Forever chemicals, known as PFAS, are notorious for being present in everyday items like non-stick pans. However, new research published in the Environmental Health Perspectives journal reveals that PFAS is also found in pesticides used on crops. Dr. Zaki Zainudin, a water quality and modeling specialist, discusses the impact of these forever chemicals and their prevalence in Malaysia.

3. Extending a commercial lease in PJ Old Town for a 99-year period apparently costs RM1,000,000, placing a heavy burden on mom-and-pop shop owners. Rajiv Rishyakaran, ADUN for Bukit Gasing, sheds light on the issue and the potential solutions being considered.

2. The investigation into the death of former political aide Teoh Beng Hock has been reopened following a meeting between Prime Minister Datuk Seri Anwar Ibrahim and Beng Hock's family, who have been seeking justice for over a decade. We hear from Teoh Lee Lan, sister of the late Teoh Beng Hock, as she expresses her gratitude to Anwar for the meeting.

1. Our top story: The G20 nations have agreed to implement a global tax on the ultra-wealthy to reduce wealth inequality worldwide. However, countries like the US and Germany are skeptical about its implementation. We speak in-depth with economist Dr Geoffrey Williams to explore the feasibility of such a system.

Image Credit, AlexiRosenfield, Shutterstock

Produced by: Sudais Ferhard, Lim Sue Ann, Alia Zefri, Alena Nadia


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  governmentsportsenvironmentLaw/Activismpoliticspropertyinternationaleconomy

Tags:  olympicsbadmintoncyclingpesticidespollutionleasingteoh beng hockanwar ibrahimmaccmalaysian anti-corruption commission (macc)igptaxationtaxwealth taxg20





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Laurent Lequeu, Independent Market Analyst & Writer, The Macro Butler tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

John Zogby, Founder of Zogby Strategies, weighs in on how the US views the latest strikes on Iran.

7:45 AM

Morning Brief

Ng Zhu Hann, Founder & CEO of Tradeview Capital talks about EPF's dividend announcement.

8:00 AM

The Breakfast Grille

Adam D. Dixon, Adam Smith Chair and Director of Panmure House discusses state capitalism, geopolitics, and implications on Malaysia.

8:30 AM

Morning Brief

P. Gunasegaram, Independent Business Writer, examines whether Vantris Energy Bhd’s RM480 million government support is a recovery plan or a bailout.

8:45 AM

Morning Brief

Dr James Dorsey, Adjunct Senior Fellow, S. Rajaratnam School of International Studies, provides the Iran's perspective on the recent US-Israeli attack of the country.

9:00 AM

Opening Bell

(REPEAT) Laurent Lequeu, Independent Market Analyst & Writer, The Macro Butler tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Pinnacle Perspectives

Ts. Syed Saggaf Syed Ahmad, President of MOGSC discusses how Malaysia’s oil and gas sector can navigate challenges after the 2025 Petronas Activity Outlook shortfall.

10:05 AM

Open For Business

1. Rina Abdullah, Founder, Serai Group 2. Datuk Mohd Najib Abdul Hamid, Co-Founder & Executive Chairman 3. Datin Qistina Taff, Director

11:05 AM

P&L

12:00 PM

Enterprise Explores

Dr Carmelo Ferlito (CEO), Center for Market Education

1:00 PM

The Breakfast Grille (REPEAT)

Adam D. Dixon, Adam Smith Chair and Director of Panmure House discusses state capitalism, geopolitics, and implications on Malaysia.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Today I Learned

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture