Finance and Economy
Treasury Wine Estates is the world’s largest listed winemaker with total revenue of A$2.88 billion in 2019. The Australian company, with a market value of US$7.32 billion, operates in Australia and New Zealand, the Americas, Asia, Europe, Middle East and Africa. Headquartered in Melbourne, Treasure Wine’s business is in the production and marketing of wine. […]
... written on Feb 17 2021One of the funniest skills possessed by Malaysian prime ministers is their perception that they can insult peoples’ intelligence, especially the minority ethnic. In early 2013, a few months before the 13th General Election, PM Najib Razak dressed in a red Chinese costume and was beating the drum like an idiot, but acted as if […]
... written on Feb 15 2021Finance Minister Zafrul Abdul Aziz previously said that he expected the Malaysian economy to shrink by 4.5% in 2020, despite the Coronavirus pandemic. To paint a rosy picture, the government had even said at one point that the economic growth would be just -3.5%. As usual, the clueless finance minister lied through his teeth as […]
... written on Feb 13 2021Oops! The backdoor government did it again. And it’s fun to read how the pro-Perikatan Nasional supporters squirm with yet another double standards adopted by the Muhyiddin Yassin government. After the initial excitement for a Malay-Muslim government, more and more Malays have realized – to their horror – that this is not the “dream team” […]
... written on Feb 09 2021The clueless government under the leadership of Muhyiddin Yassin has to make up its mind – either impose a full economic lockdown or reopen every economic sector. A half-baked lockdown like the MCO 2.0 isn’t working. In fact, it makes the situation worse for business. What’s the point of allowing business to open without customers […]
... written on Feb 03 2021As predicted, the half-baked second MCO (movement control order) lockdown, announced by backdoor Prime Minister Muhyiddin Yassin on Jan 11, 2021, has now been extended for another 14 days. The MCO 2.0, initially implemented for 14 days – effective from Jan 13 to 26, 2021 – had already been extended by 9 days to Feb […]
... written on Feb 02 2021For months, we’ve been saying that the backdoor government of Muhyiddin is not only illegitimate and fragile, but also clueless and incompetent. The loosely glued Perikatan Nasional coalition, consisting of three biggest “Malay” political parties – PPBM, UMNO and PAS – successfully snatched power through a coup in March 2020 under the pretext of “Malay […]
... written on Feb 01 2021In less than 24 hours, Senior Minister Ismail Sabri Yaakob has made a spectacular U-turn from his initial green light to management boards of apartments and condominium to demand tenants to prove they are free of Covid-19. After being criticised for his incompetency and silly decision, he claims his statement was not a policy announcement. […]
... written on Jan 30 2021China, despite a trade war with the economic superpower United States and a pandemic war with Covid-19, has been expected to register a positive economic growth in 2020. Every single analyst, economist, think tank or financial institution knew that despite being the first country hit by Coronavirus, the Chinese economy would grow by at least […]
... written on Jan 28 2021As expected, the controversial and half-baked second MCO (movement control order) lockdown comes and goes – without any improvements. Supposedly to be effective from Jan 13 to 26, 2021, the MCO 2.0 was later extended until Feb 4. Had the partial lockdown not been extended, today would be the expiry of the 14-day lockdown. But […]
... written on Jan 26 2021
