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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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After almost 2 weeks discussing how to retaliate over Israel's bold strikes on its embassy in Syria's capital Damascus, Tehran could not find any option except a direct attack on Israel. To strike the Jewish state from proxies located in Lebanon, Syria, Yemen or Iraq would be not only lame, but inef
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On Friday (April 12), President Biden expressed his anticipation of an Iranian attack on Israel and rushed warships, including aircraft carrier USS Dwight D. Eisenhower and destroyers USS Carney and USS Arleigh Burke to protect Israel and American forces in the region. With "expectation" that the at
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Anwar Ibrahim was displeased - even panicked - when Abdul Hadi Awang beats him to scoring some brownie points when the PAS Islamist party president contacted Hamas political leader Ismail Haniyeh to express his support for the terrorist organization. Prime Minister Anwar, unsatisfied, then used all
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Americans can make about 11 gigawatts of solar panels per year, up from 6.4 gigawatts in 2022. In comparison, one Chinese company alone - JinkoSolar - is able to produce 56 gigawatts at its solar panel factory in Shanxi province. China as a whole can make more than 400 gigawatts of new panels every
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Investors, both domestic and foreign, have every reason to think twice about doing business in a country called Malaysia as Islamic extremism and terrorism spread like wildfire. In addition to red tape and corruption, they should add another item to their checklist - logos or products must be approv
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March 23rd, 2007 by financetwitter
So, the Malaysian government has finally abolished the real property gains tax (RPGT) in the current not so robust economy. A big applause to them, not that they have any other choice if one was to look at the sluggish property market. This will definitely bring cheers to the industry players and lo [...]
March 22nd, 2007 by financetwitter
Malaysia's smallest mobile phone firm, DIGI.com Berhad (KLSE: DIGI, stock-code 6947) feels its balance sheet is under-geared and a capital repayment could be one way to restructure it, Chief Executive Morten Lundal said today. "Right now, we have too much cash and too little debt … Our balance she [...]
March 22nd, 2007 by financetwitter
The fund managers who were attending the “Invest Malaysia 2007” conference, which opened in Kuala Lumpur yesterday, hope to see more transparency and consistency in results, especially from the blue-chip companies.Simon Chan, investment director of the Hong Kong- based BNP Paribas Asset Manageme [...]
March 22nd, 2007 by financetwitter
The Federal Reserve held interest rates steady on Wednesday and raised the possibility they could be cut in the months ahead, igniting a rally on Wall Street where investors are thirsting for a reduction. Fed Chairman Ben Bernanke and his central bank colleagues left an important interest rate uncha [...]
March 21st, 2007 by financetwitter
Bernama reported that a total of RM 23.66 billion (USD 6.7 Billion) has been collected by 19 Malaysian highway concessionaires since the introduction of the highway privatization concept until 2006. The mind-boggling amount of money collected including the Penang bridge and the Malaysia-Singapore Se [...]
March 21st, 2007 by financetwitter
What is the first thing you learn once you decided to anchor yourself in the territory of “Technical Analysis” study? What do most of the presenters teach you during one of those “free” stock-investing seminar – with the intention of getting you enroll into their courses ultimately? It’s [...]
March 20th, 2007 by financetwitter
Malaysians are waiting for a piece of rumor to become a fact soon. The expectations are running high. And it should become a reality soon judging from the win-win situation that it potentially brings to both the country’s economy as well as the investors. It’s none other than the expectation of [...]
March 16th, 2007 by financetwitter
How many times do you see the minority shareholders attending an AGM (Annual General Meeting) of a listed company give a standing ovation to the captain of the ship, especially in Malaysia? Very rare – the latest in Malaysia could be the one held by Public Bank Berhad (KLSE: PBBANK, stock-code 129 [...]
March 16th, 2007 by financetwitter
Malaysia's telecoms industry regulator today named four newcomers as winners of much-coveted WiMAX licences. Green Packet Berhad (KLSE: GPACKET, stock-code 0082), YTL e-Solutions Berhad (KLSE: YTLE, stock-code 0009), REDtone International Berhad (KLSE: REDTONE, stock-code 0032) and Asiaspace Dotcom [...]
March 16th, 2007 by financetwitter
As expected, DIGI.com Berhad (KLSE: DIGI, stock-code 6947) lost again in its’ bid to secure the WiMAX license to newcomers despite having the right people, financial strength, infrastructure and technical know-how. After losing the 3G bidding to loss-making Time DotCom Berhad (KLSE: TIMECOM, stock [...]
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