Finance and Economy
With control of 40 parliamentary seats in the 222-seat Parliament, the Democratic Action Party (DAP) is the second-largest after the opposition extremist Parti Islam Se-Malaysia (PAS), which won a stunning 43 seats in the November 2022 General Election. Prime Minister Anwar’s Parti Keadilan Rakyat (PKR) has just 31 seats, but gobbled the lion’s share of ministers, including key […]
... written on Mar 15 2025Who doesn’t like high dividend, especially when it benefits your retirement fund? But as the 8.78 million active members of the Employees Provident Fund (EPF) rejoiced over the 6.3% dividend for its 2024 financial year, many were also left wondering how the payout could skyrocket by a whopping 0.8% from 5.5% a year earlier (2023). […]
... written on Mar 09 2025Malaysian Anti-Corruption Commission (MACC) has finally named former Malaysian Prime Minister Ismail Sabri Yaakob as a primary suspect in a corruption case involving a whopping RM700 million. Infamously known as the “turtle egg” man, the ex-backdoor premier had spent the taxpayers’ money as part of his administration’s “Keluarga Malaysia” promotional campaign during his 15-month tenure. […]
... written on Mar 04 2025In April 2024, an employee of Citigroup (once popularly known as Citibank) was supposed to credit US$280 to a customer’s account. Instead, the American multinational investment bank, which was formed in 1998 after the merger of Citigroup and Travelers, accidentally transfer a jaw-dropping US$81 trillion. The operational error was missed by two employees, before detected […]
... written on Feb 28 2025After days of putting up a brave face, and trying to call Trump’s bluff, it appears Ukraine’s President Volodymyr Zelensky has decided to fold in his silly poker game and surrenders the country’s key minerals deal demanded by U.S. President Donald Trump. The comedian had no idea that the POTUS could easily eat him for […]
... written on Feb 27 2025While countries like the U.S. is declaring tariffs war and trying to end the Ukraine War, and countries like Malaysia continues to protect hate preacher Zakir Naik and busy promoting religious radicalization, China is charging ahead to dominate a new global economy – Artificial Intelligence (AI) – which could worth a staggering US$15.7 trillion in […]
... written on Feb 21 2025European leaders from Germany, France, Italy, Poland, Spain, Denmark, Netherlands and the United Kingdom (as well as NATO Secretary General Mark Rutte and European Commission President Ursula von der Leyen) scrambled to an emergency meeting in Paris on Monday (Feb 17) after the Trump administration excluded them from talks with Russia to negotiate an end […]
... written on Feb 19 2025Entering its third year, Anwar-led Unity Government can no longer claim it is still on the learning curve, let alone say it is still a honeymoon year. On the coming November 24, 2025, Prime Minister Anwar Ibrahim can actually call for a snap election after serving the full three years of his 5-year term. However, […]
... written on Feb 16 2025After just 21 hostages (16 Israelis and 5 Thai nationals) were released from Gaza in exchange for more than 500 Palestinians prisoners from Israeli prisons, the fragile ceasefire appears to be collapsing. Hamas has suspended the ceasefire deal, accusing Israel of violating the ceasefire agreement. Israel, has similarly accused the terrorist group of violating the […]
... written on Feb 11 2025With friend like the United States, Canadians and Mexicans do not need enemies. President Donald Trump has finally made good on a campaign promise to raise tariffs on almost everyone – both friends and foes. First, he slapped a 25% tariff on all goods imported from Canada and Mexico, except Canadian oil and energy products, […]
... written on Feb 03 2025
