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



11:00 AM

Best of Enterprise

(REPEAT) Fong Wai Hong, Chieftain & Co-Founder of StoreHub, joins BFM’s P&L for Part 2 of our series on "The New Math of Business Building, Powered by AI."

12:00 PM

Just For Kicks

(REPEAT) It's a baptism of fire for new Manchester United interim manager Michael Carrick as his side welcome Man City at Old Trafford. We preview this match, and other fixtures on Matchweek 22 of the EPL.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Dhanya and Kar Jin return to talk about the simulation hypothesis, performative reading and whether people are still going to the cinemas.

2:00 PM

Ringgit & Sense

(REPEAT) Kevin Neoh, licensed financial planner at VKA Wealth Planners, discusses on sticking to personal finance resolutions in the new year.

2:30 PM

The Property Show

(REPEAT) Dr. Suraya Ismail of Khazanah Research Institute discusses homeownership and housing affordability in Malaysia.

3:00 PM

Best of The Bigger Picture

(REPEAT) We speak to Vijay Prashad, he director of the Tricontinental Institute For Social Research, to hear his thoughts on Venezuela, Iran and American Imperialism

4:00 PM

Best of Evening Edition

(REPEAT) We unpack the idea of sleep with psychologist Julian Lim and find out how we can achieve a good night’s sleep amidst hectic lifestyles.

5:00 PM

BBC World Service

Roland Pease talks to Andy Rivkin, planetary astronomer at the Johns Hopkins University Applied Physics Laboratory, about planetary defence from asteroids