Finance and Economy
A few decades ago the only way to invest was through a broker. Due to high costs it only made sense if the amount you wanted to invest was considerably higher compared to the fee you had to pay to the broker. The rise of AI and technology changed this forever when it created robo-advisers. […]
... written on May 24 2018Taxpayers’ Money Secretly Used To Bailout 1MDB – Here’s Why Snake Oil Salesman Arul Should Be Jailed
Our previous article showed how the disgraced former Prime Minister Najib Razak mismanaged the country and plundered the national coffers to the brink of bankruptcy. After Prime Minister Mahathir Mohamad expressed his displeasure, the new Finance Minister Lim Guan Eng has confirmed that Malaysia is indeed saddled with over RM1 trillion debts. One of […]
... written on May 23 2018We wish to say “I told you so” again. But to hear it from the horse mouth – Mahathir – is equally satisfying. Yes, Malaysia has already breached the RM1 trillion marks, for the wrong reason. Speaking for the first time to staff of the prime minister’s office, Mahathir revealed the troubling debts accumulated, thanks […]
... written on May 22 2018China has no choice but to agree to fix the problem of trade imbalance between the kingdom with the United States. The trade imbalance, which President Donald Trump calls unfair, hit a record US$375 billion in 2017. After rounds of talks and meeting between both countries, the U.S. and China have agreed to “substantially reduce” […]
... written on May 20 2018Finally, Rosmah Mansor, the so-called ex-FLOM (First Lady of Malaysia), has spoken. Unfortunately, the wife of defeated ex-prime minister Najib Razak has shown – again – that she spoke without putting her thinking cap. At critical moment like now, it’s wise that she keep her mouth shut. She should stop torturing prison wardens with the […]
... written on May 20 2018Brent crude oil, the international benchmark for oil prices, breached US$80 a barrel on Thursday for the first time since 24th November 2014. However, the contract eased back to below US$80. Trading at US$79 now, it appears the commodity is looking for excuse to breach the US$80 again. And it’s President Trump’s fault. Last […]
... written on May 19 2018Khalid Abu Bakar was one of the most arrogant and corrupted police chief under Najib administration. After retired as IGP (Inspector-General of Police) on Sept 4, 2017, he was rewarded with the chairmanship of Prasarana, which owns public transport operators such as RapidKL. Two months ago, he was appointed as a director of Apex Equity […]
... written on May 17 2018Under the leadership of Mahathir Mohamad, the then-opposition Pakatan Harapan, an alliance of 4 parties – DAP (Democratic Action Party), PKR (People’s Justice Party), AMANAH (National Trust Party) and PPBM (Malaysian United Indigenous Party) – had successfully overthrown the arrogant, corrupt and out-of-touch government of Barisan Nasional. What PKR supremo Anwar Ibrahim had failed to achieve in […]
... written on May 13 2018On the morning of May 10th, just hours after opposition Pakatan Harapan stunningly won the 14th general election, rumours spread like wildfire that the coalition leader Mr. Mahathir Mohamad might not become the country’s prime minister after all. The rumours had it that the defeated Mr. Najib Razak of Barisan Nasional (BN) coalition had bribed […]
... written on May 11 2018As China plays “tai-chi” with the United States in trade war, the Chinese is leveraging its huge marketplace to get what it wants from foreign companies. While the Middle Kingdom has the largest foreign reserves in the world, there’s something which they still couldn’t buy – “One-Chine” recognition. Hence, the fight has gone to the […]
... written on May 08 2018
