Finance and Economy
MIDF Research said in March that the Ringgit will reach RM4.00 against the U.S. dollar by end 2023. However, the Malaysian currency continued to drop, hitting RM4.66 in July. Bank Negara Malaysia (Central Bank), meanwhile, insisted that the weakness in the local currency “does not reflect economic fundamentals”. Conveniently, it blamed external factors, which was […]
... written on Oct 21 2023Afghani, the currency of a pariah nation called Afghanistan, is trading at 77 Afghani to a U.S. dollar. In comparison, Russian Ruble has depreciated to 99 to the greenback. This means the Afghani are more valuable than Ruble. Not bad for the ruling Taliban, who seized power about two years ago after the United States […]
... written on Oct 04 2023Khairy Jamaluddin, supposedly the top brain of UMNO before he was sacked, has finally admitted that the brain drain in Malaysia is a serious problem. It’s both entertaining and flabbergasting that the Oxford educated genius suddenly realizes that a mother is actually female (who can produce offspring). He talked as if the issue of brain […]
... written on Sep 30 2023Would anyone believe 5 years ago that China will one day overtake Japan as the world’s top auto exporter? Yet, the country which the West often mocks for producing cheap and low-quality products has evolved at a remarkable rate from being an imitator to an innovator. The so-called copycat is now threatening not only Japan, […]
... written on Sep 27 2023Rice Crisis! – How Bernas Profits From The People And Why It’s Time To End The Money-Making Monopoly
Anwar Ibrahim’s pledge to crack down on corruption had initially sent shivers down the spine of many corrupt politicians, including three former Prime Ministers – Mahathir Mohamad, Muhyiddin Yassin and Ismail Sabri. But they were not alone. Powerful politician-cum-businessman like Daim Zainuddin and super-rich cronies like Syed Mokhtar Al-Bukhary too were targeted. When Anwar […]
... written on Sep 24 2023Advanced chips, quantum computing and AI (Artificial Intelligence) are the future, and that was why the United States wanted to stop China from becoming a superpower – by destroying Huawei Technologies Co. The semiconductor is the means to that end, so the U.S. also must destroy Chinese mainland chipmaker – Semiconductor Manufacturing International Corp (SMIC). […]
... written on Sep 20 2023Are you looking to borrow money for either personal or business use? If so, you are certainly not alone. Every day, people worldwide seek out different types of loans to finance purchases or meet short-term needs – from that big purchase they’ve wanted to a start-up’s urgent exemption for capital funds, loans can provide the […]
... written on Sep 19 2023Mahathir Mohamad, the son of Iskandar “Kutty”, a migrant from the southern Indian state of Kerala, has recently met with chief ministers from four opposition states – Kelantan, Terengganu, Kedah and Perlis. The 90-minute meeting on September 2, including PAS Islamist party president Abdul Hadi Awang, has raised eyebrows over its evil purpose. Known as […]
... written on Sep 16 2023Opposition Perikatan Nasional’s “green wave” finally came to a screeching halt in the southern state of Johor. In spite of low voter turnout and controversial acquittal of UMNO president Zahid Hamidi, who is also the deputy prime minister, the people of Johor have decided to return both Pulai parliamentary seat and Simpang Jeram state seat […]
... written on Sep 10 2023If Ahmad Zahid Hamidi is convicted of corruption, the Unity Government being led by Prime Minister Anwar Ibrahim will crumble and collapse. Zahid, who is the president of UMNO, the Malay nationalist party which agreed to form the federal government with Anwar-led Pakatan Harapan coalition after the Nov 2022 General Election that produced a hung […]
... written on Sep 04 2023
