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) Founder and CEO of Evenesis, Ts. Yusno Yunos joins us to share his 15-year journey of bootstrapping (with the help of grants) to profitability before finally taking strategic investment from VentureTECH.

12:00 PM

Just For Kicks

(REPEAT) Kam and his pundits review the week that was in EPL and look ahead to Matchweek 15 in this busy festive period.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Zan Azlee and Hafiz Noor Shams sit down together to talk about EPF retirement fund, James Brooke and the collapsing prestige of the west.

2:00 PM

Ringgit & Sense

(REPEAT) Chua Kim Soon, CEO of the General Insurance Association of Malaysia discusses insurance for homes against disaster.

2:30 PM

The Property Show

(REPEAT) Kashif Ansari, Co-Founder and Group CEO of Juwai IQI, discusses Malaysia property landscape in 2025, and the road to 2026.

3:00 PM

Best of The Bigger Picture

(REPEAT) After a patient has been hurt due to unsafe care in hospital, do they have the right to complain or to seek compensation? We explore with a patient safety expert and a lawyer.

4:00 PM

Best of Evening Edition

(REPEAT) Darren Teoh joins us to talk about Dewakan’s place in Kuala Lumpur’s evolving culinary landscape.

5:00 PM

BBC World Service

What it's like to wake up with a brand new voice? This episode of Discovery investigates foreign accent syndrome.