Finance and Economy
G7 or the Group of Seven is an organization of the world’s seven largest so-called “advanced” economies, which dominate global trade and the international financial system. Comprising Germany, France, Italy, United Kingdom, Japan, Canada and of course, the United States of America, the G7 used to be G8 when Russia joined the club in 1998. However, the […]
... written on Jun 29 2022Trapped In RM80 Billion Subsidy – A Result Of “Ketuanan Melayu” Racist Policy, Corruption & Nepotism
Finance Minister Tengku Zafrul Tengku Abdul Aziz said the subsidy bill for this year (2022) is expected to hit RM77.3 billion – the largest in the history of Malaysia. The subsidy included petrol, diesel, liquefied petroleum gas (RM37.3 billion), cooking oil (RM4 billion), flour and electricity (RM9.7 billion), Bantuan Keluarga Malaysia (BKM) (RM11.7 billion), and […]
... written on Jun 27 2022One of the benefits of living in the digital age is that there are dozens of new ways to keep business operating costs down. Some of the best-selling software products do just that and do it quite well in dozens of different industries. Telematics in the transport industry represents one of the most effective ways […]
... written on Jun 27 2022Congratulation is in order for voters who had voted for the UMNO-led Barisan Nasional in the recent Melaka and Johor state elections. In appreciation to both Barisan Nasional supporters (especially UMNO supporters) and non-supporters, Prime Minister Ismail Sabri has prepared a magnificent gift – RM100 cash aid for B40 households and RM50 for single individuals. […]
... written on Jun 23 2022Ukraine War has sparked a popular speculation – what if China takes the opportunity to launch a similar invasion to seize Taiwan. Arguably, now is the best time for Beijing to reclaim the island located just 100 miles away – while the U.S. attention is in Europe – because military experts generally agreed that the […]
... written on Jun 22 2022After some uncertainties and U-turns, the White House has confirmed President Joe Biden’s first trip to the Middle East, including a stop in Saudi Arabia. The trip, scheduled from July 13 to 16, will see the U.S. Commander-in-Chief meets Saudi Crown Prince Mohammed bin Salman, the same man the U.S. intelligence said is linked to […]
... written on Jun 19 2022From the beginning, the United States have been using Ukraine as its proxy to fight Russia. Unlike its previous war against Iraq, Libya, Syria and Afghanistan, the U.S. dares not go to war with Russia this time. Biden administration could only provide weapons, leaving the Ukrainians fight the war themselves. Sending Americans to Ukraine to […]
... written on Jun 15 2022By now, it’s crystal clear that the Federal Reserve isn’t always right. The Fed, the most powerful economic institution in the United States or even the world, has two jobs – keep inflation under control and maximize employment. To do that, its core responsibilities include setting interest rates, managing the money supply, and regulating financial […]
... written on Jun 13 2022Many elements of running a business may have moved online, but one thing that hasn’t changed is the importance of having a physical space to conduct business. Most customers still prefer to visit a store or office in person, and many companies still rely on foot traffic for a significant portion of their revenue. That’s […]
... written on Jun 13 2022Bon Odori (not to be mistaken with Bon Jovi) is a festival that has been celebrated in Japan for centuries. Obon or just Bon is a Japanese Buddhist custom to honour the spirits of one’s ancestors. Odori means lively dance. Hence, Bon Odori is a family reunion where people return to ancestral family places and visit […]
... written on Jun 08 2022
