Finance and Economy
Some 6 months after Trump administration officially banned Huawei, the Chinese tech company is still alive and kicking. Even though the war is not over, the battle has been well fought. During this period, key U.S. components and software like Google’s Android operating system, Synopsys’ semiconductor design tools and Skyworks’ radio frequency chips remain unreachable to Huawei. […]
... written on Nov 12 2019Malaysia has now joined the likes of Bangladesh, Ghana, Costa Rica and neighbour Thailand after the U.S. Federal Aviation Administration (FAA) unexpectedly downgraded the country’s air safety rating to Category-2. Effectively, airlines from the Southeast Asian nation are not allowed to add new flights to the United States, according to the U.S. Department of Transportation. […]
... written on Nov 12 2019Economic Affairs Minister Mohamed Azmin Ali said today that he will settle debt owed to a travel agency, if there are outstanding bills. His statement was an admission that he and his families had indeed travelled with “YHA Travel & Tours” but refused to pay, otherwise he would publicly deny – even condemn or threaten to […]
... written on Nov 07 2019Huawei founder and CEO Ren Zhengfei once predicted the Chinese tech giant would be hit so badly by the U.S. ban that it could earn US$30 billion less revenue for the year. That amount was later reduced to US$10 billion. On Tuesday (Nov 5), some five months after Mr. Ren first made the shocking prediction, […]
... written on Nov 06 2019Malaysian Prime Minister Mahathir Mohamad has expressed his disappointment over the failure of Regional Comprehensive Economic Partnership (RCEP). Despite 7 years of negotiations since it was first formally launched in November 2012 at the ASEAN Summit in Cambodia, the proposed free trade agreement has failed to reach consensus – again. “We are very disappointed. […]
... written on Nov 04 2019Admiral Michael Mullen, former chairman of the Joint Chiefs of Staff, once said – “The most significant threat to our national security is our debt. He commented that back in 2010, when the federal debt totalled US$13 trillion. Nine years later today, Donald Trump has taken over from Barack Obama. But the debt continues its […]
... written on Nov 02 2019For months, Mahathir Mohamad had been enjoying himself – bashing and condemning everyone and every country he didn’t like, as if the world revolves around him. He has slammed the U.S., Hong Kong, India, Israel, Singapore and even Myanmar. In the process, he has insulted the Hindus, Chinese, Jews, Americans and practically everyone who was […]
... written on Oct 22 2019A lot of small businesses are looking for different ways to cut down on their energy bills. The concept makes a lot of sense as the lower your energy bills are, the more profit you can make. Thanks to today’s technologies and green energy alternatives, it’s become possible to come across numerous methods that can […]
... written on Oct 19 2019China, the world’s most populous country, has benefited most from being a member of the 164-country WTO. It has already become the biggest global exporter. But for the last 17 years since the “Middle Kingdom” joined the free-trading World Trade Organization, foreign companies have been kept in the queue waiting to enter the world’s largest […]
... written on Oct 18 2019Germany has finally presented its decision over foreign vendors’ participation in building 5G network for the country. In defiance against the U.S. wish, it will not ban Chinese telecoms giant – Huawei Technologies Co. – from its 5G mobile networks, saying that it want’s to create “a level playing field” for all vendors. The […]
... written on Oct 17 2019
