Finance and Economy
While people were still digesting the news that the controversial ECRL (East Coast Rail Link) is about to start as early as next month, after the new Malaysian government victoriously announced the initial RM65.5 billion project will be one-third cheaper, Prime Minister Mahathir Mohamad dropped a bigger bombshell on Friday (April 19) – the revival […]
... written on Apr 21 2019For years, Najib administration had been rubbishing the Wall Street Journal’s exposure of money laundering in the 1MDB scandal. The former prime minister had also played down the role of his partner-in-crime, Jho Low (full name: Low Taek Jho), in plundering billions from the 1Malaysia Development Berhad sovereign wealth fund. Ironically and amusingly, Najib’s powerful lawyers […]
... written on Apr 19 2019If your small business is cash-strapped having a loan will keep it afloat – ease its financial woes, even. However, if your business is not bringing in enough money or has cash flow problems, securing a loan with front money requirement could be strenuous and a financial burden. Why? Because you will be required to […]
... written on Apr 18 2019Once a contract is signed, sealed and delivered, it becomes a formal legally-binding contract. Nobody can violate or breach the terms and conditions of the agreement. Well, actually it can be violated, it you could flex your muscle like military superpower America. You play dirty by accusing the other party of violating the contract, even […]
... written on Apr 17 2019Four out of six largest American banks have released their first-quarter financial results over the past week. And their results aren’t convincing. J.P. MOrgan and Wells Fargo reported quarterly profit and revenue that exceeded analysts’ expectations. However, Goldman Sachs and Citigroup missed analyst estimations. All eyes are now on Morgan Stanley and Bank of America. […]
... written on Apr 16 2019The controversial East Coast Rail Link (ECRL) project has finally gotten its answer after being suspended for 10 months. Its main contractor, China Communications Construction Ltd (CCCC) received a notice to suspend all work on July 4 last year after Pakatan Harapan formed the new government of Malaysia, upon a spectacular downfall of the Barisan […]
... written on Apr 16 2019During Barisan Nasional (BN) government, only certain states and certain supermarkets banned plastic bags. Shoppers were charged RM0.20 for each plastic bag requested. After Pakatan Harapan (PH) government takes over, the entire nation is being targeted. Now, even wet markets, morning markets or night markets have started charging for plastic bags. What’s so wrong […]
... written on Apr 15 2019At the rate former Prime Minister Najib Razak and his buddy, PAS Islamist Party President Hadi Awang, spew lie almost on a daily basis, one may wonder if both are trying to outdo each other for the serial liar championship. Of course, it’s quite unfair that Mr. Hadi abused his status as an Islamic religious […]
... written on Apr 13 2019Boeing is not out of the woods yet, despite saying it has completed 96 flights testing the performance of the 737 Max with updated software for the plane’s MCAS flight control system. CEO Dennis Muilenburg said – “Our team has made 96 flights totaling over 159 hours of air time with this updated software. We […]
... written on Apr 12 2019Theresa May, arguably one of the most incompetent British leaders the country has ever produced, has been given an additional six months to find the best possible solution to the Brexit deadlock. The new Brexit deadline will be on October 31, after the British Prime Minister begged and requested a further delay to the U.K.’s departure […]
... written on Apr 11 2019
