Finance and Economy
Malaysian leader Mahathir appears to be a very angry man, or at least he pretends to be one. And when he’s angry, he tends to ask people to resign. In 2008, he asked his own handpicked successor, (former) PM Abdullah Ahmad Badawi to step down from office. Mr. Badawi, who spent most of this time sleeping on […]
... written on Feb 10 2020Thailand, Southeast Asia’s second-largest economy, was on cloud nine last year. Its currency – Thai Baht – was the champion not only among ASEAN countries, but also in Asia. In fact, the currency has been the best performing since 2018 (not only 2019). The currency appreciated a whopping 8% against the US dollar in 2019 […]
... written on Feb 08 2020As the deaths due to Coronavirus hit 427 people with 20,438 confirmed cases, global financial and business markets are increasingly affected by the epidemic. Crude oil is one of the commodities that has taken a serious beating. West Texas Intermediate (WTI) crude futures were trading below US$50 per barrel in late trading Monday – hitting […]
... written on Feb 04 2020As more than a billion Chinese around the world were about to celebrate the 2020 Chinese Lunar New Year, the world was shocked by a fast-growing epidemic in China. So far, at least 132 people have died and 5,974 people infected from the deadly new virus – Coronavirus – in China alone. The new virus, […]
... written on Jan 30 2020Financing your business is an essential step, whatever the stage of your business may be. Whether you’re just starting your business, you’re considering expansion or simply trying to keep your business afloat, you need funds to make this possible. The economy is a dynamic venue, and it can change from time to time. These changes […]
... written on Jan 28 2020Najib Razak has proven himself to be a legendary liar. But as his trial involving misappropriation of RM42 million from SRC International Sdn Bhd enters the New Year 2020, his lies have gotten so extraordinary that it’s beyond believable anymore. At the 72nd day of his criminal trial, the former prime minister has finally made […]
... written on Jan 23 2020Greta Thunberg lectures the world leaders that they are running out of time to fix climate crisis. Speaking at the World Economic Forum (WEF) at Davos, Switzerland, the 17-year-old Swedish climate activist warns that the world is still on fire, despite having spoken about the same climate emergency last year. And she plans to keep […]
... written on Jan 21 2020Kelantan is not only the poorest state (GDP per-capita) in Malaysia, but also had the highest number of HIV and AIDS cases in the country. The so-called “Corridor of Makkah” where its state leaders are all “ulama” depends heavily on the federal government for everything – from money for development expenditure to even loan to […]
... written on Jan 17 2020After a two year trade war, the U.S. and China finally signed a trade deal, popularly known as the “Phase One”. President Donald Trump signed the deal while Vice Premier Liu He signed the agreement on behalf of China. The trade deal came at an interesting time as the House prepared to send articles of […]
... written on Jan 16 2020Mahathir Mohamad, the world’s oldest prime minister, has been relatively quiet since the start of the New Year 2020 – for a good reason. The Malaysian prime minister, arguably one of the most outspoken leaders, has offended so many world leaders that he probably had lost count – from Myanmar to the U.S., China, India […]
... written on Jan 14 2020
