Finance and Economy
TikTok has about 170 million users in the United States, its biggest market outside of China. Its revenue was around US$20 billion last year. Founded in 2012 by entrepreneur Zhang Yiming, TikTok owner ByteDance reportedly had a private valuation of between US$105 billion and US$110 billion in May 2020, making it the most valuable start-up in […]
... written on Mar 15 2024In Malaysia, adhering to tax obligations on trading income is a fundamental requirement for engaging in legal Forex trading. However, the intricate tax laws and regulations surrounding Forex trading profits often pose challenges for traders to fully comprehend and navigate. Many investors find themselves grappling with the complexities of tax compliance, unsure of their responsibilities […]
... written on Mar 14 2024At the rate Boeing is trying its best to demonstrate how parts can fall off from the sky, it may not be long before China’s first homegrown jet maker COMAC starts eating its lunch. After Singapore Airshow, the Chinese manufacturer is scheduled to show off its C919 and ARJ21 in Malaysia on March 12, as […]
... written on Mar 10 2024As Huawei smartphone shipment skyrocketed in the first six weeks this year, sales of Apple iPhone plunged in the same period – losing 24%. But the return of Huawei to the consumer business affects not only Apple. Several Chinese brands also suffer a drop in business, even though most of them were not as severe […]
... written on Mar 08 2024For financial year 2023, the EPF (Employees’ Provident Fund) or KWSP has announced higher dividend for both Conventional savings (5.5%) and Syariah savings (5.4%). In previous year (2022), EPF had declared 5.35% and 4.75% dividend rates for Conventional and Syariah respectively. However, despite higher dividends for last year, suspicion arose over its distributions. While […]
... written on Mar 05 2024As neighbouring Malaysia was plagued with dangerous religious extremism, where radical Islamist is known to calling for protest on foreign artists, as well as government officials introducing weird rules at the eleventh hour, Singapore saw a huge potential in concert as magnet to boost tourism. Clearly, event tourism is something which Malaysia doesn’t understand. […]
... written on Mar 02 2024With 35 years experience under his belt in the public service, Dr Ammar Abdul Ghapar was one of Malaysia’s 1.7 million lucky bloated civil servants. Untouchable due to his skin colour, he was promoted as the new director general of Tourism Malaysia on April 12, 2023. But he mistook his promotion as recognition of his […]
... written on Feb 25 2024Flying for the first time outside mainland China, state-owned planemaker COMAC proudly showed off its C919 and ARJ21 commercial aeroplanes at the Singapore Airshow – held between Feb 20 to 25. The Chinese homegrown planes raised eyebrows and caught the attention of thousands of audience at a time when two largest plane manufacturers – Boeing […]
... written on Feb 24 2024Making money in the forex (foreign exchange) is quite easy – just listen to research firms such as MIDF or Malaysian Industrial Development Finance, and bet the opposite. Led by a bunch of clueless management and researchers, the firm that specializes in development finance, investment banking, and asset management provides the best advice for investors to […]
... written on Feb 21 2024Last August, despite US-led Western nations’ relentless efforts in accusing Beijing of human rights violations against Muslim minorities in Xinjiang, Chinese President Xi Jinping made a stop in Xinjiang during his return trip to the 15th BRICS Summit in South Africa and announced that a “beautiful Xinjiang” will continue to be built as part of […]
... written on Feb 17 2024
