Finance and Economy
Germany has finally presented its decision over foreign vendors’ participation in building 5G network for the country. In defiance against the U.S. wish, it will not ban Chinese telecoms giant – Huawei Technologies Co. – from its 5G mobile networks, saying that it want’s to create “a level playing field” for all vendors. The […]
... written on Oct 17 2019As expected, India has retaliated. Indian refiners have stopped buying Malaysian palm oil for shipments in November and December. They don’t have to wait for any official statement from their government that New Delhi would raise import taxes or use other measures to limit – even boycott entirely – imports of palm oil from Malaysia. […]
... written on Oct 16 2019Mahathir, the world’s oldest prime minister, appears to have lost his magic touch in running the country, which is burdened with record RM1 trillion debts inherited from the previous corrupt government. Initially praised – even worshipped – for stunningly defeated protégé-turn-nemesis Najib Razak, Mahathir administration has increasingly attracted criticisms. Whether Mr. Mahathir realized it […]
... written on Oct 12 2019Apple removed a popular app from its App Store on Thursday (Oct 10), after repeatedly flip-flopped on whether to allow the app to be used by Hong Kong protesters. At first, the iPhone maker rejected the app earlier this month, only to make a U-turn and made it available for download a few days later, before ultimately […]
... written on Oct 11 2019We wrote more than a year ago that “Utusan Malaysia”, the oldest Malay newspaper may close shop. Founded as “Utusan Melayu” in 1939, almost 2 decades before the country’s independence in 1957, the generosity of the newly crowned government of Pakatan Harapan has allowed the highly controversial and racist newspaper to operate without interference. […]
... written on Oct 10 2019Stock market plunged more than 300 points after it shows that the existing US-China trade war has become worse. In the run-up to high-level trade talks in Washington this week, relations have deteriorated between the world’s two-largest economies. Unlike in the past, it appears both Beijing and Washington were serious about going for each other’s throats. […]
... written on Oct 09 2019If Mahathir unilaterally brings back the GST (Goods and Services Tax), it will be the clearest confirmation that the new government of Pakatan Harapan (PH) under his leadership is the world’s greatest “U-Turn Government”. And they will suffer the same defeat – guaranteed – in the next general election the same way the old government […]
... written on Oct 04 2019On the same day China shows off military might at the 70th anniversary parade, the United States stock market fell by nearly 350 points. On Tuesday (Oct 1), the Dow Jones Industrial Average (DJIA) finished lower – losing 343.7 points. But it had little to do with the Chinese revealing its nuclear ballistic missiles that […]
... written on Oct 02 2019On Feb 21, President Donald Trump unleashed a tweet – “I want 5G, and even 6G, technology in the United States as soon as possible. It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind. There is no reason that we should […]
... written on Sep 26 2019On Sunday night (Sept 22), Thomas Cook suddenly collapsed, leaving 600,000 tourists stranded abroad and putting 21,000 jobs at risk. The 178-year-old British tour operator has issued a statement on Monday (Sept 23), saying that its board “concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect” […]
... written on Sep 24 2019
