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In a desperate effort to buy votes, especially from fellow Malay Muslims of whom 80% did not vote for Anwar Ibrahim in the last November 2022 General Election, the Malaysian Prime Minister announced a record hike in civil servants’ salary of more than 13%. He bragged on Labour Day that the RM10 bi
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Prime Minister Anwar Ibrahim appears to have chicken out from Kuala Kubu Baharu by-election. Now, Selangor Menteri Besar (Chief Minister) Amirudin Shari is the poster boy after Communications Minister Fahmi Fadzil hinted that Anwar would not be present during the campaign for the largest constituenc
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Antony Blinken's visit - his second to China is less than a year - is the clearest proof that the U.S. Secretary of State was sent to beg the Chinese again. But as expected, nothing can be achieved from such visits as long as Washington arrogantly thinks it could tell Beijing what China can or canno
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About 40,000 people in Kuala Kubu Baharu will go to the polling stations again on May 11 to vote for a new assemblyperson. The largest constituency in the state of Selangor will see a four-cornered contest following the death of its three-term assemblywoman Lee Kee Hiong from the Democratic Action P
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A Canadian-American professor of political science, Bruce Gilley's alma mater included University of Toronto (B.A.), University of Oxford (M.Phil) and Princeton University (PhD). From Bachelor of Arts in economics and international relations to Master of Economics, he then received his PhD in poli
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Unable to accept the reality that a Chinese company could develop a highly popular app called TikTok, the United States has been trying everything in its power to control it. ByteDance now has two options - either sell it to American owners, or get ready to be banned. The Senate voted 79 to 18 after
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The MMC is embroiled in a tussle with the parallel pathway specialists and the medical genetics graduates over recognising their qualifications for the purpose of listing them in the National Specialists Register (NSR). Four cardiothoracic surgeons with qualifications from the Royal College of Surge
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When the going gets tough, he runs and hides away. That's how Prime Minister Anwar Ibrahim projects himself just 15 months into office. The only thing he dares to involve is defending Hamas terrorists in an ongoing war some 7,600 kilometres away. That is what really excites him. In his own homeland,
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Roughly a week after Iran attacked Israel with more than 300 drones and missiles, 99% of which missed or intercepted, Israel has retaliated, striking the Islamic Republic with just a handful or drones and missiles. Unlike Iranian's massive attack on the Jewish state that failed to inflict meaningful
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McDonald's Malaysia is looking to expand its fleet of outlets to 750 nationwide by 2030. That's more than double from its current 370 restaurants across the country, or about 63 new outlets every year for the next 6 years. With between 50 to 100 jobs created from each restaurant, the fast food chain
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June 15th, 2007 by financetwitter
Just a day after it bought the shares at a massive discount, Multi-Purpose Holdings Bhd (KLSE: MPHB, stock-code 3859) has sold a big block of shares in rubber glove maker Latexx Partners Bhd (KLSE: LATEXX, stock-code 7064). The block involved comprises 32.3 per cent stake at a slightly higher price [...]
June 15th, 2007 by financetwitter
The stings must have been too painful, so much so that the Malaysian government finally has to raise the bar for bumiputra contractors to be placed in the various classes following public outcry over shoddy workmanship and leakages in public buildings. Entrepreneur and Cooperative Development Minist [...]
June 14th, 2007 by financetwitter
China's Premier Wen Jiabao said monetary policy needs a "moderate tightening" to prevent the economy from overheating, Bloomberg said today. However he didn't say when the country will do so.The People's Bank of China has raised interest rates twice this year and ordered commercial lenders five time [...]
June 13th, 2007 by financetwitter
In a blow to Malaysia’s plan to develop another mega project, oil industry players have given only cautious approval to the multi-billion-dollar northern pipeline project, citing slowing oil demand in the Asian region and cost concerns, reported AFP. On completion in 2014, the pipeline will divert [...]
June 13th, 2007 by financetwitter
Wall Street plunged Tuesday as investors, driving the Dow Jones industrial average down nearly 130 points, grappled with a seemingly relentless rise in bond yields. The blue chip index is 381 points, or 2.8 percent, below its record close of 13,676.32, reached June 4. The Standard & Poor's 500 i [...]
June 12th, 2007 by financetwitter
TheStreet.com, a name synonym with Jim Cramer has announced the cancelation of the first round of its "Beat the Street" competition due to cheating. Although the financial news site did not disclose the tactics of the cheats, it said that all participants of the first contest could enter its next st [...]
June 12th, 2007 by financetwitter
It was a mission impossible for Malaysia second finance minister Nor Yakcop who traveled all the way to New York to ask for a credit rating increase, only to be turned down by Moody who maintains the country credit rating remains “constrained”. Malaysia, which has spent more than it brings in fo [...]
June 12th, 2007 by financetwitter
Well, what do you know, Apple Inc.’s (Nasdaq: AAPL, stock) dropped like a bomb-shell immediately after a so-called “underwhelming” presentation by Steve Jobs. CEO Steve Jobs opened the company's annual MacWorld developer conference on Monday in San Francisco and almost as soon as he left the s [...]
June 11th, 2007 by financetwitter
I’ve to admit Apple Inc.’s (Nasdaq: AAPL, stock) is one of favorite stocks simply because it the branding, its’ innovative products and Steve Jobs. I can’t imagine what will happen if Steve Jobs is part of Google Inc.’s (Nasdaq: GOOG, stock) team. It would be awesome, but I guess the law o [...]
June 11th, 2007 by financetwitter
You should noticed there’re four more Call Warrant issued by CIMB Investment Bank for two foreign-listed shares namely Singapore Telecommunications Limited (SIN: Z74) and HSBC Holdings PLC (HKG: 0005). The stock-code for Singapore Telecommunications Call Warrants will be known as SINGTEL-C1 and SI [...]
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