Archive for September, 2020
According to Statista, the e-commerce market in Malaysia is worth a staggering US$4.455 billion in 2020. That’s US$4,455,000,000 or RM18,567,000,000 based on today’s currency exchange. Yesterday (Sept 8), Zahidi Zainul Abidin, the deputy Minister of Communications and Multimedia Ministry said the government plans to slap a new service tax for online shopping. The proposal […]
... written on Sep 09 2020The stock market’s performance would certainly determine who wins the White House, but only to a certain extent and under certain circumstances. For example, S&P 500 index has been a great tool when it accurately predicts the winner of the U.S. presidential election – with an accuracy of 87% – since 1928. And since 1984, […]
... written on Sep 08 2020The announcement that about 1.2 million innocent consumers would need to wait for a minimum 4 days before a water supply resume have left many frustrated – and tempers were flaring up on the social media. The water disruption, which began on Sept 3, affected 1,292 areas in Kuala Lumpur, Petaling, Klang, Shah Alam, Kuala […]
... written on Sep 06 2020Before the political coup in March, the opposition parties – UMNO and PAS – were struggling to make a comeback. UMNO won 54 parliamentary seats in the 2018 General Election, but was reduced to only 39 seats after a series of defection. Together with rival-turn-ally PAS (18 MPs), both parties have only 57 seats. Even […]
... written on Sep 04 2020In every crisis lies an opportunity, says a famous quote by Albert Einstein. As millions of people continue to depend on video-conferencing thanks to the Coronavirus pandemic, Zoom has added nearly 105,000 new customers in the second quarter. The number might look small, but the new subscriptions delivered a whopping 81% of its revenue growth. […]
... written on Sep 03 2020On the government side, UMNO and PAS could not wait to ditch their ally of convenience, PPBM (Bersatu), despite the fact that all the three “Malay-Muslim” parties are part of the loosely glued Perikatan Nasional coalition government. Not only UMNO and PAS do not need PPBM to share the cake, they also do not trust […]
... written on Sep 01 2020