Roundup on TPPA cost-benefit analysis by consultancy firm PricewaterhouseCoopers (PwC)

Pic taken from FMT News

Pic taken from FMT News

Source: The Malay Mail Online

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More strikes, cost hikes likely with TPP, study indicates

Source: The Malay Mail Online

PwC said Putrajaya would have to amend its labour laws and regulations to fulfil its obligations under the TPP agreement. — Picture by Choo Choy May

PwC said Putrajaya would have to amend its labour laws and regulations to fulfil its obligations under the TPP agreement. — Picture by Choo Choy May

KUALA LUMPUR, Dec 3 — Malaysian employers may face more industrial action by employees along with higher business costs if the country signs the Trans-Pacific Partnership (TPP), consultants PricewaterhouseCooper (PwC) said in its cost-benefit analysis released today.

PwC said Putrajaya would have to amend its labour laws and regulations to fulfil its obligations under the agreement, which would include relaxing the conditions imposed on trade unions that would effectively make it easier for them to go on strike or stop work as a sign of protest. Read more

Analysis: Fears of TPP’s impact on Malaysia’s sovereignty exaggerated

Source: The Malay Mail Online

Pic taken from FMT News

Pic taken from FMT News

KUALA LUMPUR, Dec 3 — Concerns that the Trans-Pacific Partnership (TPP) could undermine Malaysia’s sovereignty are real but may be “over-amplified”, a local think-tank concluded based on its study of the agreement.

The analysis by Institute of Strategic and International Studies (ISIS) pointed out that Malaysia has been able to secure exemptions, such as for pro-Bumiputera policies, in the Pacific free trade treaty involving the US and 11 other nations including Malaysia.

“Participation in the TPP is positive for Malaysia’s security interests,” said the ISIS’ National Interest Analysis of Malaysia’s Participation in the Trans-Pacific Partnership released today. Read more

Premium, foreign goods to be cheaper under TPP, ISIS analysis shows

Source: The Malay Mail Online

A report by think-tank ISIS said Malaysian consumers would enjoy competitive prices for both imported and locally produced goods, on a wide range of products as import duties for almost 85 per cent of them will be eliminated when the TPP agreement comes into force. — File pic

A report by think-tank ISIS said Malaysian consumers would enjoy competitive prices for both imported and locally produced goods, on a wide range of products as import duties for almost 85 per cent of them will be eliminated when the TPP agreement comes into force. — File pic

KUALA LUMPUR, Dec 3 — Malaysian consumers could enjoy cheaper imported goods including luxury items if the country joins the Trans-Pacific Partnership (TPP), according to a cost-benefit analysis released today.

The analysis by local think-tank Institute of Strategic and International Studies (ISIS) Malaysia also said the treaty would result in more competitive prices for locally produced goods by those who import materials in the manufacture of the final product.

“Consumers in Malaysia can enjoy competitive prices for both imported and locally produced goods, on a wide range of products as import duties for almost 85 per cent of them will be eliminated when the agreement comes into force,” stated a report on ISIS’ analysis of national interests of Malaysia’s participation in the TPP. Read more

TPP cost benefit analysis to be presented to Putrajaya tonight

Source: The Malaysian Insider

tppa_graphic_bahasa_101015Malaysia’s cost benefit analysis (CBA) on the Trans-Pacific Partnership (TPP) agreement will be presented to Putrajaya and the relevant government agencies tonight at 8pm.

International Trade and Industries Deputy Minister Datuk Ahmad Maslan told Parliament today that the CBA was prepared by PricewaterhouseCoopers (PwC) and Malaysia’s Institute of Strategic and International Relations (Isis) and would be handed over to members of the lower house next week.

“The cost benefit analysis prepared by PwC and by Isis is completed and will be presented to Putrajaya, MITI and the relevant officers tonight at 8pm in Putrajaya. We will hand over the CBA next week.

“We will have around more than a month and the debate is (expected) to begin in February, once the Speaker of the House (has) determined the date,” Ahmad said to queries by Parti Sosialis Malaysia’s Sungai Siput MP Dr Michael Jeyakumar. Read more