Finance and Economy
Businessman Tajuddin Ramli bought a controlling stake in MAS (Malaysian Airline System) at RM8 a share in 1994. The company was loaded with RM600 million cash when he took over. By the time the crony of UMNO left the company in 2001, Malaysian Airlines has accumulated losses to the tune of RM9.4 billion. The government […]
... written on Mar 13 2019So far, China and Indonesia, not to mention Ethiopia, have grounded their Boeing 737 MAX-8 jets after an Ethiopian Airlines flight crashed minutes after take-off from Addis Ababa on Sunday, killing all 157 people on board. Ethiopian Airlines has four other 737 MAX-8 jet. The victims came from 35 nations, including 22 United Nations’ staff. […]
... written on Mar 11 2019ECRL (East Coast Rail Link) project is still being suspended, but not for long. After 10 months under the new government of Mahathir Mohamad, the RM81 billion mega-project, first approved by former Prime Minister Najib Razak on October 2016, has become the biggest headache for the 93-year-old premier, the world’s oldest leader. The on-again, […]
... written on Mar 09 2019Huawei Sues The U.S. – A Law That Bans Procurement Of Huawei Products Violates American Constitution
Huawei, after months of “war of words” and political pressure with the U.S., has finally decided to bring the government to the court. In slapping the U.S. government with a lawsuit, the Chinese tech company said a law that bans United States federal agencies from buying Huawei products is against its very own Constitution. […]
... written on Mar 07 2019China announced on 5th March that its economic growth has been lowered to between 6% and 6.5% for the year 2019. Last year’s growth was 6.5%. So, if the country’s GDP this year hits the lower bracket of 6%, it would be the slowest pace of economic growth in almost three decades. The situation has […]
... written on Mar 06 2019We seldom criticise Azmin Ali because he was supposed to be one of the rising stars within PKR (Parti Keadilan Rakyat or National Justice Party). However, he’s the last person on planet Earth you should trust. Actually, he’s more venomous than PAS Islamic Party President Abdul Hadi Awang. At least Hadi has been just a […]
... written on Mar 05 2019The United States, as expected, has retained its spot as the most powerful country in the world in 2019. Considered to be the most powerful country, the U.S. has the world’s largest economy and biggest military budget, splashing over US$610 billion on military hardware and personnel in 2017. The country is also the leader in the so-called […]
... written on Mar 04 2019Flipping a loss of more than 9,000 votes to a gain of close to 2,000 votes is no easy task. That was what happened with the just concluded Semenyih by-election. And judging by the angry voices on social media weeks before the voting process could even begin, the defeat of Mahathir’s party, PPBM (Bersatu), is […]
... written on Mar 04 2019Huawei, after being attacked by the U.S. for so long, has decided to strike back. The ongoing campaign by the Trump administration to shut the Chinese giant out of global 5G markets on national security grounds has affected its business. Taking advantage of the estimated 100,000 visitors, Huawei brought its war to the phone industry’s […]
... written on Feb 28 2019Ever wondered why everyone is talking about Albuquerque homes for sale, this might just convince you why real estate in the New Mexico town is the new American dream. Real estate like you like it Dreams are important .Perhaps they are what keep us alive and help us survive our dark days and endure […]
... written on Feb 28 2019
