Friday, January 13, 2006

All about Proton, nothing about A.P.

Today's news report in The Edge Financial Daily revealed that Volkswagen (VW) has scrapped plans to cooperate with Proton Holdings Bhd and sell VW brand cars for the local market. Its chief executive Bernd Pischetsrieder made the announcement to investors gathered in Dearborn, Michigan, on Wednesday. Proton has so far kept mum on this latest development.

There has been so much trouble going on in Proton and with our ex-PM taking regular potshots (publicly) at the Board of Directors, it is no surprise to see the direction Proton is heading - south, and sliding further down at Bursa Malaysia. Is Proton in danger of turning into a pariah company?

On another matter, it seems that no one is interested in the A.P. issue anymore. That should be good news for Rafidah, who has been understandably lying very very low these days. And talk about politicians lying low, everyone from the BN seems to be doing their utmost best to keep their foot off their mouths lately, most noticeably from the regular troublemakers in Parliament. Even the publicity-seeking keris wielding Education Minister had kept mum on the issue of SJK(C) Sin Chung. Perhaps it has got something to do with the earlier hints by the PM of a possible cabinet reshuffle? Could that possibly have kept everyone shaking in their pants?

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