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

Dilin Wu, Research Strategist, Pepperstone 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

Kenneth Loh, Analyst at Bloomberg Intelligence gives us the outlook for global shipping in 2026.

7:45 AM

Morning Brief

Cha-ly Koh, Founder & CEO of Urbanmetry, weighs in on the strategic plans for Kuala Lumpur.

8:00 AM

The Breakfast Grille

Prof. David FitzPatrick, Provost & CEO, University of Nottingham Malaysia discusses the university's impact on our economy, student outcomes, and more.

8:30 AM

Morning Brief

Dr Oh Ei Sun, Principal Adviser, Pacific Research Centre discusses the recent developments in Sabah state.

8:45 AM

Morning Brief

(REPEAT) Cha-ly Koh, Founder & CEO of Urbanmetry, weighs in on the strategic plans for Kuala Lumpur.

9:00 AM

Opening Bell

(REPEAT) Dilin Wu, Research Strategist, Pepperstone 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

What's The Focus

We wrap up the week’s biggest conversations to keep you in the know.

10:05 AM

Open For Business

Andrew Henderson, Nomad Capitalist

11:00 AM

Mattsplained

Matt Armitage, Founder, Kulturpop

12:00 PM

Enterprise Explores

Kong Ka Weng & Faw Ali, Cursor ambassadors & co-organisers of the Cursor x Anthropic Hackathon Malaysia

1:00 PM

The Breakfast Grille Repeat

Prof. David FitzPatrick, Provost & CEO, University of Nottingham Malaysia discusses the university's impact on our economy, student outcomes, and more.

2:05 PM

Discovery Hour

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

3:05 PM

Front Row

Tune in to find out about the latest happenings in the local arts scene, and get the lowdown on the best shows and exhibitions in town.

3:20 PM

Front Row

Tune in to find out about the latest happenings in the local arts scene, and get the lowdown on the best shows and exhibitions in town.

4:05 PM

Health & Living

The CDC says hepatitis B vaccinations aren’t necessary for all newborn babies. Is this the right thing to do? We ask the experts.

5:00 PM

Top 5 at 5

6:00 PM

Popcorn Culture

We review Avatar: Fire and Ash, and Wake Up Dead Man: A Knives Out Mystery - before discussing the best movies and series of the year.

7:00 PM

Just For Kicks

8:00 PM

Bar None

9:00 PM

The Selector

Covering all styles of music from indie, dubstep, folk, soul, electro and everything in between from some of the most exciting artists in the UK.