Finance and Economy
The controversial East Coast Rail Link (ECRL) project has finally gotten its answer after being suspended for 10 months. Its main contractor, China Communications Construction Ltd (CCCC) received a notice to suspend all work on July 4 last year after Pakatan Harapan formed the new government of Malaysia, upon a spectacular downfall of the Barisan […]
... written on Apr 16 2019During Barisan Nasional (BN) government, only certain states and certain supermarkets banned plastic bags. Shoppers were charged RM0.20 for each plastic bag requested. After Pakatan Harapan (PH) government takes over, the entire nation is being targeted. Now, even wet markets, morning markets or night markets have started charging for plastic bags. What’s so wrong […]
... written on Apr 15 2019At the rate former Prime Minister Najib Razak and his buddy, PAS Islamist Party President Hadi Awang, spew lie almost on a daily basis, one may wonder if both are trying to outdo each other for the serial liar championship. Of course, it’s quite unfair that Mr. Hadi abused his status as an Islamic religious […]
... written on Apr 13 2019Boeing is not out of the woods yet, despite saying it has completed 96 flights testing the performance of the 737 Max with updated software for the plane’s MCAS flight control system. CEO Dennis Muilenburg said – “Our team has made 96 flights totaling over 159 hours of air time with this updated software. We […]
... written on Apr 12 2019Theresa May, arguably one of the most incompetent British leaders the country has ever produced, has been given an additional six months to find the best possible solution to the Brexit deadlock. The new Brexit deadline will be on October 31, after the British Prime Minister begged and requested a further delay to the U.K.’s departure […]
... written on Apr 11 2019In May 2015, Mahathir Mohamad warned Tabung Haji to cancel its land purchase from 1MDB (1Malaysia Development Berhad). He disagreed that the Malaysia’s Pilgrims’ Fund was being used to bail out 1MDB – purchasing a small 1.56 acre of Tun Razak Exchange land for RM188.5 million, when an area as huge as 70 acres was […]
... written on Apr 09 2019The RM10 million he remitted through a money changer a decade ago was for the purchase of an apartment in London – claims former Negeri Sembilan Mentri Besar (Chief Minister) Mohamad Hasan. It appears his past has come back to haunt the Barisan Nasional candidate fighting for the Rantau by-election. Popularly known as “Tok […]
... written on Apr 08 2019Apple may be one of the richest companies on the planet, and US$900,000 is just a drop in the ocean for the iPhone maker, considering it has an eye-popping US$44 billion cash on hand. However, when such a giant is scammed, it’s no longer about money but rather the tarnished reputation. How on earth could […]
... written on Apr 07 2019Brent oil prices rose on Thursday, touching US$70 per barrel for the first time in nearly five months. The crude price has seen a slow but consistent rally from its low of about US$50 a barrel in December last year, thanks largely to supply cuts by OPEC and its non-OPEC partner Russia, not to mention […]
... written on Apr 05 2019Not many people like buying stolen goods, let alone one as huge as Equanimity, the superyacht once belonged to Jho Low (full name: Low Taek Jho). Although the luxury boat was not physically stolen, it was bought by Mr. Low for an eye-popping US$250 million (RM1 billion) using money stolen from 1MDB (1Malaysia Development Berhad). […]
... written on Apr 03 2019
