Not an election budget, says Muhyiddin

Deputy Prime Minister Tan Sri Muhyiddin Yassin said the 2011 Budget is not an "election budget" as every level of the society will benefit from it.

He said Prime Minister Datuk Seri Najib Razak who is also Finance Minister has responded to feedback he received from the public when drafting the budget.

"All levels of the society know they will get certain advantage and benefit because what the PM announced just now did not have other purpose except to deliver greater progress and a more comfortable and better life for the future.

2011 Budget: Big Malaysia is back a RM212bil budget for 2011

Prime Minister Datuk Seri Najib Tun Razak tabled a RM212bil budget for 2011 on Friday. Starbiz journalist Elaine Ang reports on some key highlights of the budget that was designed to transform Malaysia into a developed and high-income nation by 2020.

On Twitter, scorn for 100-storey skyscrape

Malaysians following the Budget 2011 announcement today via the Twitter micro-blogging service were confounded when the prime minister revived a proposal to build 100-storey tower between the historic Stadium Merdeka and Stadium Negara.

Many labelled the RM5 billion Warisan Merdeka project as a frivolous and unnecessary part of the Budget, which also failed to specify how developers Permodalan Nasional Berhad (PNB), would be funding the project.

“Does KL need a 100 storey building? Ridiculous,” exclaimed Klang MP Charles Santiago (@mpklang) on his Twitter account, a sentiment shared by many others who “tweeted” on the subject as Datuk Seri Najib Razak unveiled his second Budget since taking office in April 2009.

Santiago expressed his thoughts on the Warisan Merdeka in this succinct post.