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China is pushing for broader use of its digital currency, but challenges remain Posted by: superadmin - 01-11-2022, 10:43 AM - Forum: Business, Economy and Investment - No Replies China is ramping up efforts to roll out the digital yuan to the broader population, as the country’s technology giants like Alibaba and Tencent jump on board. But will Chinese citizens — who already use two dominant mobile payment systems run by these same tech firms — begin paying with the digital yuan? One analyst questioned what incentives there are for Chinese citizens to use the digital yuan over the existing dominant systems of mobile payments. China is ramping up efforts to roll out the digital yuan to the broader population, as the country’s technology giants like Alibaba and Tencent jump on board. But there are challenges ahead and one particular question stands out: Will Chinese citizens — who already use two dominant mobile payment systems run by these same tech firms — begin paying with the digital yuan? The People’s Bank of China (PBOC), the country’s central bank, has been working on the digital form of its sovereign currency since 2014. - More -   Man gets genetically-modified pig heart in world-first transplant Posted by: superadmin - 01-11-2022, 10:36 AM - Forum: Technology - No Replies A US man has become the first person in the world to get a heart transplant from a genetically-modified pig. David Bennett, 57, is doing well three days after the experimental seven-hour procedure in Baltimore, doctors say. The transplant was considered the last hope of saving Mr Bennett's life, though it is not yet clear what his long-term chances of survival are. "It was either die or do this transplant," Mr Bennett explained a day before the surgery. "I know it's a shot in the dark, but it's my last choice," he said. Doctors at the University of Maryland Medical Center were granted a special dispensation by the US medical regulator to carry out the procedure, on the basis that Mr Bennett would otherwise have died. - More -   Australia now: Lights Up – an 11-night light show at the Australian High Commission Posted by: superadmin - 01-11-2022, 10:28 AM - Forum: Travels - No Replies AUSTRALIA now: Lights Up is a dazzling light show projected onto the Australian High Commission building in the heart of Kuala Lumpur. Lights Up is the centrepiece of the Australia now Malaysia program, showcasing Australian innovation, diversity and creative excellence. The illuminations have been produced through a collaboration between Australia’s Mosster Studio and Malaysia’s Filamen. The light projections will be shown from 7.30pm every night from January 20 to 30 and will showcase digital artwork including iconic Australian images that honour and celebrate Indigenous Australia. It will also feature designs created by Malaysian and international entrants in the Isle of Design Projection Mapping competition, as well as original artwork by primary school students from the Australian International School Malaysia. - More -   Sri Lanka seeks Chinese debt reschedule for crashing economy Posted by: superadmin - 01-11-2022, 10:23 AM - Forum: Business, Economy and Investment - No Replies COLOMBO – Cash-strapped Sri Lanka sought to reschedule its huge Chinese debt burden in Sunday talks with visiting foreign minister Wang Yi, the president’s office said. The island’s tourism-dependent economy has been hammered by the Covid-19 pandemic and its depleted foreign exchange reserves have led to food rationing at supermarkets and shortages of essential goods. Key ally China is Sri Lanka’s biggest bilateral lender and Wang’s visit comes after a warning from international ratings agencies that President Gotabaya Rajapaksa’s government could be on the brink of default. “The President pointed out that it would be a great relief if debt payments could be rescheduled in view of the economic crisis following the pandemic,” Rajapaksa’s office said in a statement. There was no immediate comment from the Chinese embassy in Colombo. Sri Lanka’s foreign reserves had dropped to just US$1.5 billion (RM6.3 billion) at the end of November – enough to pay for only about a month’s worth of imports. The island’s main energy utility began rationing electricity on Friday after running out of foreign currency to import oil for its thermal generators. China accounted for about 10% of Sri Lanka’s US$35 billion foreign debt as of April 2021, government data shows. - More -   Stop approving EIAs with unsustainable practices, group urges Environment Dept Posted by: superadmin - 01-11-2022, 09:55 AM - Forum: Environment Protection News - No Replies KUALA LUMPUR – Forest land and logging licences seem to be advertised openly online without violating any laws – but authorities can still intervene to prevent further deforestation. Rimba Disclosure Project (RDP), an independent initiative aimed at centralising sources of data to disclose activities harmful to the environment, said that nothing much can be done about the advertisements and sale of the lands and licences. However, they stressed that government bodies such as the Environment Department (DoE) have the final say on the matter. A spokesman for the project, who requested anonymity, told The Vibes that DoE could simply reject environmental impact assessment (EIA) reports for harmful activities taking place in the forest. - More -   Sandakan police confirm second report against whistle-blower Lalitha Posted by: superadmin - 01-10-2022, 05:41 PM - Forum: Politics - No Replies KOTA KINABALU – The Sandakan police today confirmed having received a report against Lalitha Kunaratnam, who exposed the alleged impropriety of troubled Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki. District police chief Azhar Hamin said the report was lodged by an assistant enforcement officer from the Road Transport Department (RTD) on December 8. This is the second police report against the investigative journalist after a senior MACC assistant commissioner, Mohan Munusamy, had lodged one earlier. The RTD officer, identified as Fazli Mohamed Yasin, 48, had lodged the police report after reading the first part of Lalitha’s article titled Business Ties Among MACC Leadership: How Deep Does It Go? and part of the article of the same title. The article was reportedly written in two parts. It delved into Azam’s alleged actions, as well as his supposed ties and ownership details within several public-listed companies. - More -   Can MACC be neutral in Azam probe, asks Gobind Posted by: superadmin - 01-10-2022, 05:36 PM - Forum: Politics - No Replies PETALING JAYA: A DAP MP has asked whether the Malaysian Anti-Corruption Commission can be neutral in investigating corruption even if it involves its own top officers. Gobind Singh Deo asked the question in a Facebook post today in response to the open support given by three deputy chief commissioners of the anti-graft agency to MACC chief Azam Baki, who is under fire over ownership of corporate shares. In their statement of support yesterday, the three senior officers – Ahmad Khusairi Yahaya, Norazlan Mohd Razali and Junipah Wandi – also claimed that Azam was a victim of revenge politics. - More -   Can The Beijing Winter Olympics Succeed Amid Omicron Outbreaks? Posted by: superadmin - 01-10-2022, 05:06 PM - Forum: Covid-19 Pandemic - No Replies   Sabah PKR leaders boycott meeting over Christina Liew’s leadership Posted by: superadmin - 01-10-2022, 03:56 PM - Forum: Politics - No Replies KOTA KINABALU – Sabah PKR’s divisional chiefs no longer fear being sacked from their positions for refusing to attend the party’s state leaders council meeting today as a protest against Datuk Christina Liew’s performance as chairperson of the state party. Simsudin Sidek, chairman of Sabah PKR divisional chiefs’ secretariat, said this in announcing that a total of 16 divisional chiefs did not attend the meeting to show their disapproval of Liew’s leadership. The dissenting members included himself and the heads of the women, youth, and Srikandi (young women) wings. “This is a form of protest to reject Datuk Christina Liew as the chairperson of Sabah PKR,” he said in a statement today. “I was also informed that the meeting did not have a sufficient quorum of attendees, but it was still continued by adding several individuals who were immediately appointed,” he alleged. “This showed that Liew is desperate,” Simsudin said in a statement today, claiming that he has proof of the attendees of the meeting. - More -   Global spread of autoimmune disease blamed on western diet Posted by: superadmin - 01-10-2022, 03:31 PM - Forum: Health News - No Replies More and more people around the world are suffering because their immune systems can no longer tell the difference between healthy cells and invading micro-organisms. Disease defences that once protected them are instead attacking their tissue and organs. Major international research efforts are being made to fight this trend – including an initiative at London’s Francis Crick Institute, where two world experts, James Lee and Carola Vinuesa, have set up separate research groups to help pinpoint the precise causes of autoimmune disease, as these conditions are known. “Numbers of autoimmune cases began to increase about 40 years ago in the west,” Lee told the Observer. “However, we are now seeing some emerge in countries that never had such diseases before. - More - Pages (865): « Previous 1 … 450 451 452 453 454 … 865 Next » Jump to page: