Archive for November, 2019
Malaysian Prime Minister Mahathir Mohamad has expressed his disappointment over the failure of Regional Comprehensive Economic Partnership (RCEP). Despite 7 years of negotiations since it was first formally launched in November 2012 at the ASEAN Summit in Cambodia, the proposed free trade agreement has failed to reach consensus – again. “We are very disappointed. […]
... written on Nov 04 2019Admiral Michael Mullen, former chairman of the Joint Chiefs of Staff, once said – “The most significant threat to our national security is our debt. He commented that back in 2010, when the federal debt totalled US$13 trillion. Nine years later today, Donald Trump has taken over from Barack Obama. But the debt continues its […]
... written on Nov 02 2019The cleverest man in the 1MDB scandal was none other than Jho Low (full name: Low Taek Jho). The world’s biggest heist – between 2009 and 2014 – saw at least US$4.5 billion stolen from Malaysia’s sovereign wealth fund, 1MDB (1Malaysia Development Berhad). The thievery was quite amusing because it involved three individuals from three […]
... written on Nov 01 2019