Finance and Economy
Like former UMNO president Najib Razak, MCA president Liow Tiong Lai is game over. After losing his Bentong constituency in the recent general election, it shows Mr. Liow has performed worse than his deputy, Wee Ka Siong. Not even his drama – playing badminton with superstar Lee Chong Wei and AirAsia boss Tony Fernandes – […]
... written on Aug 28 2018Politics 101 – divert attention when you’re hit with domestic issues or personal scandal. That’s what every young and old politician needs to master in order to survive. In the case of U.S. President Donald Trump, and like other presidents before him, the time could be ripe to play to the gallery. While he could […]
... written on Aug 27 2018Every year, the United States of America sends billions of dollars to countries around the world in the name of financial aid. Some are genuinely to help poor countries. Others are to buy their alliance, obedience or silence. In the case of Palestine, the U.S. is by far the largest donor of financial aid to […]
... written on Aug 26 2018Mahathir is throwing tantrums again. Like a spoiled little brat, he wants his toy come rain or shine. Until his wish to start a third national car is granted, the 93-year-old prime minister is going to criticise, even insult, the people for being short-sighted. And he has just mocked and insulted the Malaysians – “If […]
... written on Aug 25 2018Despite being the biggest corporate sponsor of overseas travel for Australian politicians, Chinese Telco giant Huawei has failed miserably to convince that they are not a threat to the country down under. China’s Huawei and ZTE have essentially been banned from providing 5G technology equipment to Australia – in the name of national security. […]
... written on Aug 23 2018Wee Ka Siong, MCA deputy president, has blamed Prime Minister Mahathir for his failure to renegotiate a lower price for the East Coast Rail Link (ECRL) and two gas pipelines projects, worth RM81 billion and RM9.41 billion respectively. Mr. Wee was both upset and disappointed with Mahathir’s decision to cancel both China-backed mega projects. Despite […]
... written on Aug 22 2018Depending on whom you ask, Mahathir’s visit to China – his first since becoming Malaysia’s prime minister for the second time, and the world’s oldest premier – can either be a huge success or a failure. The primary mission of PM’s five-day visit to the Middle Kingdom was to renegotiate mega deals signed by his […]
... written on Aug 22 2018Whether you should get involved in forex trading or stock trading depends on whether you fancy yourself Warren Buffet or George Soros. The famed value investor, Buffet, has earned a 30-year annualized return of 20 percent buying and holding value stocks for his holding company Berkshire Hathaway. While hedge fund manager Soros’ Quantum Fund has […]
... written on Aug 21 2018When a Malaysian Chinese has a brilliant idea tomorrow, the nearest place he or she will go is, sadly, Singapore. That’s because if the idea becomes a huge success and generates tens of millions of dollars in profit, the owners will be forced to give away 30% to Malaysian Malays or Bumiputra (son of soil) […]
... written on Aug 20 2018Enzo Ferrari was not initially interested in the idea of producing road cars when he formed Scuderia Ferrari in 1929. The Scuderia Ferrari, however, was founded as an Alfa Romeo racing team. It would take another 10 years before Ferrari becoming independent in 1939. Hence, before Ferrari, the brand Alfa Romeo was already involved in car racing […]
... written on Aug 19 2018
