Finance and Economy
Exactly how much OPEC will increase the oil production is still a question mark. However, OPEC ministers announced a deal that is likely to add around 600,000 to 800,000 barrels a day to the market. That would be the first increase oil supplies from the producer group ever since the cartel cut production of 1.8 million […]
... written on Jun 24 2018One of the most gratifying things in the world is to work for yourself. Owning your own business, while it can be stressful, is meaningful because the effort you put in helps you personally, rather than building something for someone else. The key is that you must choose something that you are passionate about. […]
... written on Jun 22 2018The rivalry between Saudi Arabia and Qatar appears to have entered a point of no return. For more than a year, a Saudi-led bloc has staged a boycott of Qatar, accusing the tiny but gas-rich Persian Gulf state of sponsoring terrorism and committing other menaces. However, Qatar has proven to be a tough nut to crack […]
... written on Jun 22 2018Make America Great Again, or simply MAGA, was Donald Trump’s 2016 presidential campaign slogan. It was a great success. Defying all odds, Trump emerged as the 45th President of the United States of America. About 15,000-km away, Najib Razak, whose obsession with American presidents is an open secret, wanted to copy the campaign. It […]
... written on Jun 21 2018Donald Trump’s favourite game of forcing China into obedience is slapping tariffs on Chinese goods. Like it or not, the U.S. president will most likely win the game simply because Beijing enjoys US$375 billion trade surplus with the U.S. Trump has repeatedly highlighted China’s US$375 billion surplus with the U.S. as evidence of an unfair trade […]
... written on Jun 21 2018On May 15, just five days after the inauguration of Mahathir Mohamad as the world’s oldest prime minister, Daim Zainuddin fired a warning shot. He said it would be foolish for Anwar Ibrahim to be made prime minister immediately upon returning to parliament. The warning shot was aimed at Anwar, and not his boys, as […]
... written on Jun 20 2018Last Friday, President Trump declared that the U.S. would slap 25% tariffs on up to US$50 billion worth of Chinese goods. The justification was that the Chinese must be punished for its theft of IP (intellectual property) and other unfair trade practices. Trump warned that his government could impose additional tariffs if China retaliates with duties […]
... written on Jun 19 2018The founder of online retail giant Alibaba is in town. He specifically flew to Malaysia to officially open the company’s first office in Southeast Asia at Bangsar South today. He was also granted an audience with newly inaugurated Prime Minister Mahathir Mohamad, the world’s oldest premier at the advanced age of 93. If time […]
... written on Jun 18 2018When it was revealed that Singapore taxpayers’ money – as much as S$20 million – was burned on the U.S-North Korea summit, not many were impressed. About half of the expenses went to security costs. However, Singapore Prime Minister Lee Hsien Loong said – “It is a cost we are willing to pay. It’s our […]
... written on Jun 15 2018Mahathir has announced that the highly controversial and super expensive HSR (high-speed rail) project is being “postponed”, not “cancelled”. Whether that was a U-turn from a 93-year-old man or was a clever strategy remains to be seen. Assuming it is just a postponement, will Singapore insist of having the new Malaysian government pay for the […]
... written on Jun 14 2018
