Archive for July, 2023
Anwar Ibrahim has been telling everyone in the current six states election campaign about his success in getting electric vehicle company Tesla to set up its headquarters in Selangor, Malaysia. Of course, he did not bluff or lie, and there’s a reason why the prime minister was incredibly proud of his achievement. It will create […]
... written on Jul 31 2023Saravanan Murugan, the Member of Parliament for Tapah since 2008, was appointed as the Secretary in MIC Federal Territory by former MIC president Samy Vellu in 1997. He had also served as deputy ministers under Abdullah Badawi and Najib Razak administrations. It was not until 2020 that he was made a full minister – Minister […]
... written on Jul 27 2023Accounting for more than 40% of the global rice trade, as well as the second-largest producer after China, India’s latest decision to ban the exports of non-basmati white rice with immediate effect (July 20) could trigger further inflation on global food markets. The move comes amid concerns that there could be a supply shortage in […]
... written on Jul 22 2023In a rare response to caretaker Kedah chief minister Muhammad Sanusi’s apology, Sultan Sharafuddin Idris Shah appears to have rejected it when the Malay Ruler decreed that the issue is not over yet. It’s not rocket science that the sultan was incredibly upset and angry after Sanusi, the notorious loose cannon of PAS Islamist party, […]
... written on Jul 19 2023Food Price To Spike Again – Russia Terminates Black Sea Grain Deal, Threatening Global Food Security
Russia has terminated a deal with Ukraine which allowed it to export grain through the Black Sea, potentially plunge the world into another round of food crisis. First inked in July 2022, the U.N.-brokered Black Sea Grain Initiative enabled Ukraine to supply world markets with over 32 million tonnes of food products after Moscow invaded […]
... written on Jul 17 2023For seasoned traders, the quest for refining strategies knows no bounds, especially during the demanding summer months. It is during this time that the famous maxim “Sell in May and go away” takes center stage, highlighting the distinctive patterns observed in stock market performance. From May to October, historical data reveals a prevailing subdued atmosphere. […]
... written on Jul 14 2023Her two luxury cars (Audi Q5 and Volkswagen Beetle) and cash amounting to RM22,000 had been seized by the Malaysian authorities. A condominium at the posh Mont Kiara too was gone. But those were peanuts compared to US$16 million (RM73.44 million) pocketed by Jasmine Loo Ai Swan, a former lawyer of the scandalous 1Malaysia Development […]
... written on Jul 14 2023Americans were stunned – and humiliated – when U.S. Treasury Secretary Janet Yellen bowed, not once, but repetitively, when she met Vice Premier He Lifeng during her visit to Beijing last week. Her Chinese counterpart was pleasantly surprised with her gesture that he appeared to backs away to give Yellen more room to “kowtow” and […]
... written on Jul 11 2023A precious metal portfolio is a good way to diversify your investment because it offers several benefits. For instance, a lot of precious metals offer cushioning effects during inflation. This is given how their value also increases, helping investors cope with or even benefit from the rising prices of commodities. For this reason and more, […]
... written on Jul 10 2023Malaysia will hold elections in six states on August 12 whilst the nomination day for candidates is on July 29. This means the Election Commission has allowed only 14-day campaign period. A whopping total of 245 assembly seats is up for grab in Kedah, Kelantan, Terengganu, Penang, Selangor and Negeri Sembilan with more than 9.7 […]
... written on Jul 09 2023
