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G7 or the Group of Seven is an organization of the world's seven largest so-called "advanced" economies, which dominate global trade and the international financial system. Comprising Germany, France, Italy, United Kingdom, Japan, Canada and of course, the United States of America, the G7 used to
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Finance Minister Tengku Zafrul Tengku Abdul Aziz said the subsidy bill for this year (2022) is expected to hit RM77.3 billion - the largest in the history of Malaysia. The subsidy included petrol, diesel, liquefied petroleum gas (RM37.3 billion), cooking oil (RM4 billion), flour and electricity (RM9
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One of the benefits of living in the digital age is that there are dozens of new ways to keep business operating costs down. Some of the best-selling software products do just that and do it quite well in dozens of different industries. Telematics in the transport industry represents one of the most
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Since Russia launched its so-called "special military operation" to de-Nazify Ukraine on February 24, nobody pays any attention to Kaliningrad, a small piece of land sandwiched between Lithuania and Poland. It was only after Lithuania decided last week (June 18) to ban the transit of goods through i
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Congratulation is in order for voters who had voted for the UMNO-led Barisan Nasional in the recent Melaka and Johor state elections. In appreciation to both Barisan Nasional supporters (especially UMNO supporters) and non-supporters, Prime Minister Ismail Sabri has prepared a magnificent gift - RM1
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Ukraine War has sparked a popular speculation - what if China takes the opportunity to launch a similar invasion to seize Taiwan. Arguably, now is the best time for Beijing to reclaim the island located just 100 miles away - while the U.S. attention is in Europe - because military experts generally
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Almost a month since Zuraida Kamaruddin quit Bersatu, the political party which she proudly joined in August 2020 as a result of the infamous treachery "Sheraton Move", unelected Prime Minister Ismail Sabri has yet to meet Zuraida to decide her current position as Plantation Industries and Commoditi
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After some uncertainties and U-turns, the White House has confirmed President Joe Biden's first trip to the Middle East, including a stop in Saudi Arabia. The trip, scheduled from July 13 to 16, will see the U.S. Commander-in-Chief meets Saudi Crown Prince Mohammed bin Salman, the same man the U.S.
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At the 93rd convocation ceremony for Universiti Teknologi Mara (UiTM) three days ago, Malaysia's King (Agong) delivered a speech which every citizen has been waiting for. The monarch said Islam and all religions in the world condemn and denounce corruption as it is a cancer that could destroy civil
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From the beginning, the United States have been using Ukraine as its proxy to fight Russia. Unlike its previous war against Iraq, Libya, Syria and Afghanistan, the U.S. dares not go to war with Russia this time. Biden administration could only provide weapons, leaving the Ukrainians fight the war th
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February 19th, 2022 by financetwitter
PAS president Abdul Hadi Awang knew his Islamist party will be wiped out again, even before the polling begins in the Johor state election. It only won 1 seat during the 2018 General Election. Yet, Hadi has been talking as if his extremist party had won 51 out of 56 seats since the state assembly wa [...]
February 18th, 2022 by financetwitter
Donald Trump had been booted and Joe Biden has been crowned. The United States has seen a change of its president. Following the footstep of his predecessor, president Biden has continued the tech war against Chinese tech companies. Americans are being banned from investing in Chinese firms, includi [...]
February 16th, 2022 by financetwitter
Supermax Corp Bhd, a Malaysian medical glove maker that produces up to 2.4 billion pieces of gloves annually - accounting for 12% of the world demand - has scrapped a plan to purchase two pieces of freehold land in Setia Alam, Selangor. The company is no small potato as it supplies about 20% of glov [...]
February 15th, 2022 by financetwitter
While Australia, the United States' "deputy sheriff" in the Asia-Pacific region, has chosen to remain hostile with China, it's a different story with its neighbour, New Zealand. The Kiwi has just officially upgraded its 2008 free-trade agreement (FTA) with China that will give exports greater access [...]
February 13th, 2022 by financetwitter
Stocks dropped on Friday - the Dow Jones Industrial Average (DJIA) tumbled 503.53 points while the technology Nasdaq Composite fell almost 3%. Oil prices, meanwhile, jumped with energy stocks like Exxon Mobil and ConocoPhillips gained more than 2%. Defence stocks such as Northrop Grumman and Lockhe [...]
February 11th, 2022 by financetwitter
People in general don't really care about the Covid-19 cases anymore. At least, they are not as concerned as before. They have done everything as instructed, included practicing social distancing and wearing masks, not to mention taking the booster vaccine shot. In fact, some have even begun to susp [...]
February 10th, 2022 by financetwitter
About 2 years since a trade deal between the United States and China - called "Phase One" - went into effect on 14 February 2020, the deal appears to be nothing but a promise meant to be broken. From the start, the deal was doomed to fail simply because it lacks sincerity, not to mention it was bein [...]
February 8th, 2022 by financetwitter
In August last year, many cheered when the Taliban took over the Afghan capital, Kabul. From China to Pakistan and from Russia to Malaysia, people were celebrating the collapse of the U.S.-backed Afghan government. But there were different reasons for celebration. Beijing celebrated because its bitt [...]
February 7th, 2022 by financetwitter
Azmin Ali and Zuraida Kamaruddin were two of the top PKR leaders (People's Justice Party), not to mention the rising star, before they stunningly betrayed the party. Their betrayal led to the collapse of the democratically-elected Pakatan Harapan (PH) government in March 2020. Azmin and Zuraida were [...]
February 4th, 2022 by financetwitter
Mark Zuckerberg thought a rebranding of Facebook to Meta last year as part of its business strategy to becoming a virtual-reality based company, instead of a company tainted with multiple data privacy scandals, could revitalize the social media company. Instead, the company lost a mind-boggling US$2 [...]
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