Archive for September, 2020

After Bullying A Female Student Who Took Exam On A Tree, This Ministry Wants To Tax Online Shopping Worth RM18.6 Billion

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 2020

Economic Inequality Could Break Trump As His Election Campaign Spends $800 Million Without Much Effect

The 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 2020

Water Cuts Left 1.2 Million People High & Dry – A Result Of Corruption, Incompetence & Lack Of Enforcement

The 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 2020

What Is PM-In-Waiting Anwar Waiting For? – He Has No Idea How Powerful The 91 MPs In His Coalition

Before 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 2020

Meet Eric Yuan & His Inspiring Story – The CEO & Founder Of Zoom Who Got $6.6 Billion Richer In Just 24 Hours

In 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 2020

Slim By-Election – The Biggest Loser Is PM Muhyiddin & Gay Minister Azmin, And They Run Out Of Cards To Play

On 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

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