Finance and Economy
What do Ali Tinju, Papagomo, Jamal Jamban and Akmal Salleh have in common? They were all UMNO racists or gangsters who would do dirty jobs tasked by their party. Their jobs were incredibly easy – holds rally or protest under the false pretence that the Malays, Muslims and Malay Rulers have lost power to the […]
... written on Mar 24 2024Foreign investors are watching with great interest – and caution – how Malaysia could repeat its May 13, 1969 bloody racial riots over five pairs of socks. An army of 40 policemen had stormed a factory in Johor, the state of newly crowned King Sultan Ibrahim, and found a jaw-dropping 5 out of 18,800 pairs […]
... written on Mar 21 2024UMNO Youth Chief Muhammad Akmal Salleh has gone mad again. His latest target is KK Super Mart, a local convenience store established in 2001 by Dr KK Chai (Chai Kee Kan). Companies under the KK Group include B Café International, Clara International, The Slimming Sanctuary, Hornets Marketing Sdn Bhd, KK Motorsports, and KK Kopitiam and […]
... written on Mar 18 2024Malaysia is being offered £100 million pounds to host the 2026 Commonwealth Games. That looks like a jackpot given on a silver platter. Even the Taylor Swift’s just concluded exclusive concert in Singapore in the Southeast Asian leg of her Eras Tour looked lame compared to this international sports event involving 74 Commonwealth nations and […]
... written on Mar 16 2024TikTok has about 170 million users in the United States, its biggest market outside of China. Its revenue was around US$20 billion last year. Founded in 2012 by entrepreneur Zhang Yiming, TikTok owner ByteDance reportedly had a private valuation of between US$105 billion and US$110 billion in May 2020, making it the most valuable start-up in […]
... written on Mar 15 2024In Malaysia, adhering to tax obligations on trading income is a fundamental requirement for engaging in legal Forex trading. However, the intricate tax laws and regulations surrounding Forex trading profits often pose challenges for traders to fully comprehend and navigate. Many investors find themselves grappling with the complexities of tax compliance, unsure of their responsibilities […]
... written on Mar 14 2024At the rate Boeing is trying its best to demonstrate how parts can fall off from the sky, it may not be long before China’s first homegrown jet maker COMAC starts eating its lunch. After Singapore Airshow, the Chinese manufacturer is scheduled to show off its C919 and ARJ21 in Malaysia on March 12, as […]
... written on Mar 10 2024As Huawei smartphone shipment skyrocketed in the first six weeks this year, sales of Apple iPhone plunged in the same period – losing 24%. But the return of Huawei to the consumer business affects not only Apple. Several Chinese brands also suffer a drop in business, even though most of them were not as severe […]
... written on Mar 08 2024For financial year 2023, the EPF (Employees’ Provident Fund) or KWSP has announced higher dividend for both Conventional savings (5.5%) and Syariah savings (5.4%). In previous year (2022), EPF had declared 5.35% and 4.75% dividend rates for Conventional and Syariah respectively. However, despite higher dividends for last year, suspicion arose over its distributions. While […]
... written on Mar 05 2024As neighbouring Malaysia was plagued with dangerous religious extremism, where radical Islamist is known to calling for protest on foreign artists, as well as government officials introducing weird rules at the eleventh hour, Singapore saw a huge potential in concert as magnet to boost tourism. Clearly, event tourism is something which Malaysia doesn’t understand. […]
... written on Mar 02 2024