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) We sit down with Shareen Ramli, founder of Siti Li Dining & Foodhall to discuss why she compares the trade to being a "stuntwoman", full of invisible bruises, and her mission to preserve the cosmopolitan heritage of Malay cuisine.

12:00 PM

Just For Kicks

(REPEAT) We react to the midweek European matches that saw Man City losing to Bodo/Glimt, as well as Spurs surviving a scare against Dortmund. Then, we preview Matchweek 23 of the English Premier League, including the big one - Arsenal hosting Man Utd at the Emirates.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Vernon and Zan talk about the usage of AI, names and fictional biographies on another episode of A Bit of Culture.

2:00 PM

Ringgit & Sense

(REPEAT) Rajen Devadason, licensed financial planner talks about EPF's Retirement Income Adequacy framework.

2:30 PM

The Property Show

(REPEAT) Dato’ Ganesh Chinnappan, Managing Director of Raine & Horne International Zaki + Partners Sdn. Bhd., discusses the concept and reality of Build-to-Sell houses.

3:00 PM

Best of The Bigger Picture

(REPEAT) An expert shares the key problems with our urban planning & design today and key principles to build an equitable city for everyone.

4:00 PM

Best of Evening Edition

(REPEAT) We discuss urban planning and the upcoming Petaling Jaya Local Masterplan.

5:00 PM

BBC World Service

Roland Please uncovers the latest developments in the world of Earth Science, at the American Geophysical Union meeting in New Orleans.