Finance and Economy
Government regulation plays a crucial role in shaping and overseeing the insurance industry. By establishing rules, regulations, and frameworks, governments aim to ensure fair practices, protect consumers, maintain stability, and promote transparency within the insurance sector. This article will explore the critical aspects of government regulation and its impact on the insurance industry. Consumer […]
... written on Jul 04 2023Inflation is a topic that has been making headlines recently, and its effects have spread across various industries, including home building. Inflation has affected construction companies’ profit margins and overall operations. This article examines how inflation prices impact home builders and how they navigate this economic landscape. Increased Material Costs Home construction relies on […]
... written on Jul 03 2023Everyone knows that Immigration Department of Malaysia is one of the most corrupted institutions in the country. Arguably, the corruption started to spread like wildfire during former Prime Minister Mahathir Mohamad’s 22 years iron-fist rule (from 1981 to 2003). Today, every single institution is still infected, even after 20 years since Mahathir’s retirement. But […]
... written on Jul 01 2023Ringgit has been dropping like a rock since February this year, depreciating from RM4.24 to RM4.69 against the U.S. dollar. If it breaks the RM4.75 level recorded in November 2022 under the previous backdoor government of Ismail Sabri, all hell will break loose. The currency made a stunning recovery from RM4.75 to RM4.24 after Anwar […]
... written on Jun 27 2023The upcoming BRICS summit in South Africa will be absolutely interesting for two reasons. First, will Russian President Vladimir Putin be arrested? Second, will French President Emmanuel Macron attend the summit? The success of BRICS in the past years has seen a rising number of countries expressing interest to join the bloc, which was set […]
... written on Jun 23 2023U.S. Secretary of State Antony Blinken landed in Beijing on Sunday (June 18) with little expectation that the planet’s two largest economies could ease the heightened tension. China’s Ministry of Foreign Affairs confirmed the visit, but did not provide details on specific meetings – suggesting the insignificance of Blinken’s trip to the Chinese government. […]
... written on Jun 18 2023Former Prime Minister Najib Razak, currently serving 12 years in prison for looting the state investment fund 1MDB, owes the Inland Revenue Board (IRB) a whopping RM1.7 billion in tax arrears. And the crook wants to evade paying the tax even after having stolen billions of taxpayers’ money. His top lawyer now argues that there […]
... written on Jun 15 2023In an effort to lower inflation, the Federal Reserve has increased interest rates a whopping 10 times since March 2022. Over the period, inflation hit 9.1% in June 2022 – its highest point since 1982. In the latest inflation report, the inflation appears to have slowed down – recording 5.3% in May 2023, compared to […]
... written on Jun 13 2023As investors progress in age, investment options tend to be more cautious, emphasizing protecting the wealth accumulated to that point. It’s not only relevant to living comfortably through retirement years but also providing for heirs when you’re gone. Many low-risk investment opportunities are available to seniors, with one, in particular, being gold IRAs. The unique […]
... written on Jun 13 2023Some 5 years ago, President Donald Trump launched a trade war with China. The goal was to decouple the U.S. economy from China. In 2020, with the U.S. presidential election approaching, Trump again raised the idea of separating the American and Chinese economies. In both 2016 and 2020 campaigns, China became the easy punching bag […]
... written on Jun 02 2023
