In Malaysia, The Latest White Elephant: The Melaka Gateway

Dr Francis Hutchinson, Senior Fellow, ISEAS-Yusof Ishak Institute

10-Dec-20 07:47

In Malaysia, The Latest White Elephant: The Melaka Gateway

Pause
Embed

Three artificial islands, a RM43 billion price tag and announced by now-disgraced former Prime Minister Datuk Seri Najib Razak in 2014, the Melaka Gateway could not have had a more auspicious start.

But all has unravelled. Dr Francis Hutchinson, Senior Fellow at the ISEAS-Yusuf Ishak Institute, unpacks Malaysia's latest white elephant.

Image Credit: Prehistorik / Shutterstock.com

Produced by: Arleen Webber

Presented by: Khoo Hsu Chuang, Wong Shou Ning

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

Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, law & legal matters, Property, Investments

Tags: melaka gateway, white elephant, china, belt and road, najib razak, kaj development berhad,

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

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank, 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

Rena Kwok of Bloomberg Intelligence shares her analysis and market outlook as political turmoil affects Indonesia and Thailand.

7:45 AM

Morning Brief

Dr. Veerinderjeet Singh of KPMG discusses expectations for the government’s new tax incentive framework aimed at attracting high-value investments.

8:00 AM

The Breakfast Grille

Dr Kenneth Gerard Pereira, Managing Director, Hibiscus Petroleum

8:30 AM

Morning Brief

Richard McGregor, Senior Fellow, Lowy Institute talks about China's Victory Day military parade.

8:45 AM

Morning Brief

Ng Zhu Hann, CEO of Tradeview Capital, discusses the implications of the government’s divestment from DNB.

9:00 AM

Opening Bell

(REPEAT) Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank, 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

Ringgit & Sense

Idham Idris, Director of Corporate Treasury Investment Services at Wealth Vantage Advisory talks about financial goals in your 20s and 30s.

10:05 AM

Open For Business

From Masala Wheels to Empowerment Engine. By enabling community kitchens, training youth in digital and AI skills, and helping Malaysians turn ideas into livelihoods, Pepper Labs shares its playbook on how to balance profit with purpose and scale social impact.

11:00 AM

Tech Talk

12:00 PM

Enterprise Explores

The Rise of Dark AI and Malicious LLMs. Kaspersky’s Sergey Lozhkin shares how to prepare for this new battlefield, where AI is both the shield and the sword.

1:00 PM

The Breakfast Grille Repeat

Dr Kenneth Gerard Pereira, Managing Director, Hibiscus Petroleum

2:05 PM

Discovery Hour

3:05 PM

Beyond the Ballot Box

We speak with Nalini Elumalai, one of the key coordinators of the Gerakan Mansuh ISA rally in the mid-2000s, about the struggle to abolish the draconian law and the lessons learned along the way.

4:05 PM

Health & Living

What do you do if you or your child is being bullied? A counsellor answers questions related to bullying and its mental health impact.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

BBC World Service

How long will traces of our civilisation last? Tune in as the Crowd Science team looks for answers.

PROGRAMMES