Finance and Economy
India is the world’s top rice exporter, accounting for 41% of the global rice trade. Its total rice exports in the world last year (2021) reached 21.5 million tonnes – more than the total shipment from the next four biggest exporters – Thailand, Vietnam, Pakistan and the United States – combined. Rice is the staple […]
... written on Sep 20 2022During the 1997-98 Asian Financial Crisis, Ringgit dropped like a rock. In fact, the crisis the swept Southeast Asian countries into currency chaos had forced the Malaysian currency to depreciate by about 80%, from RM2.50 to RM4.50 per US dollar. At its worst level, the currency plunged to a record RM4.885 per dollar in 1998, […]
... written on Sep 15 2022We had warned last month (Aug 22) that the worst is not over yet – the inflation and recession are still alive and the global economy is still in bad shape. However, even after the Dow Jones dropped more than 600 points that day, many investors did not learn the lesson. They thought the inflation […]
... written on Sep 14 2022Hiring the right person to be a brand ambassador can be a great way to promote your company and products. However, it’s important to choose the right person for the job and ensure you’re setting the right expectations. With so many influencers out there, how do you know which one of them is right for […]
... written on Sep 12 2022A double rainbow has formed over Buckingham Palace following the announcement of the death of Queen Elizabeth II on Thursday (Sept 8, 2022). Aged 96, the queen died “peacefully” at Balmoral Castle in Scotland. She effectively became the world’s longest-reigning monarch and head of state upon the death of Thailand’s King Bhumibol Adulyadej in October […]
... written on Sep 09 2022Ringgit has finally dropped 4.50 to a US dollar on Wednesday (Sept 7) – the lowest since January 1998, during the Asian Financial Crisis. The Malaysia currency plunged as much as 4.5038 before staging a rebound to 4.5017. As feared, once it breached the psychological 4.50 level, it would be difficult to return to previous […]
... written on Sep 08 2022It’s one thing to express full solidarity with Ukraine and pledged to continue offering strong political, financial and humanitarian assistance. It’s another thing altogether to condemn Russia and bragged to continue imposing hard-hitting sanctions. The 27-nation leaders of European Union love to talk about solidarity that binds their countries together. But when even Bloomberg […]
... written on Sep 06 2022Energy crisis created by the Russia-Ukraine conflict isn’t over, even though the crude oil prices have dropped to below US$100 a barrel. The wishful thinking that sanctions imposed on Russia could cripple and defeat the Kremlin has boomeranged on the Western nations instead. The impact, either direct or indirect, is so bad that the West […]
... written on Sep 01 2022Ismail Sabri’s absence at an UMNO special briefing on Saturday (Aug 27) was a no-brainer. The prime minister deliberately cooked up an excuse to avoid being heckled and jeered by party leaders and members. The session was specially staged by UMNO president Ahmad Zahid Hamidi to trap and humiliate PM Ismail, who only ranked third […]
... written on Aug 30 2022Since Vladimir Putin launched his “special military operation”, which the U.S. and its allies called an “unprovoked invasion”, in Ukraine, the Western nations have done nothing but add fuel to the fire. By supplying weapons to Ukraine, instead of taking steps to end the conflict, neither Ukraine nor Russia could end the war. Neither the […]
... written on Aug 29 2022
