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Russia Just Issued A Deadly Economic Warning Posted by: superadmin - 08-29-2023, 10:15 AM - Forum: Business, Economy and Investment - No Replies   ‘Green wave likely to hit brick wall in Umno fortress Johor’ Posted by: superadmin - 08-29-2023, 08:06 AM - Forum: Politics - No Replies KUALA LUMPUR – The so-called “green wave” may be playing on many pundits’ lips, and harped on by the Perikatan Nasional (PN) leadership, but it may still not be able to crash past the grand dyke of Umno in its bastion of Johor. According to a political analyst, the stature of the federal unity government as well as the Umno-led state administration is rock-solid among Johoreans ahead of the two by-elections in the state next month. Universiti Utara Malaysia’s (UUM) Prof Ahmad Martadha Mohamed said that the green wave, meant to signify the rising electoral clout of PN and especially its component party PAS, may not reach Johor. “This is because traditionally Johor is the birthplace of Umno and is the party’s stronghold,” he said in comments made to Getaran, The Vibes’ Bahasa Malaysia sister portal. - More -   Property counters hog the limelight as Forest City carrot excites investors Posted by: superadmin - 08-29-2023, 07:02 AM - Forum: Business. Economy and Investment - No Replies PETALING JAYA: The stocks of listed property developers with exposure to Johor surged today following the government’s announcement of a plan to make Forest City, developed by China’s Country Garden, into a special financial zone. UEM Sunrise Bhd, developer of Iskandar Puteri in Johor, hit an intraday high of 73.5 sen, up 9.7% or 6.5 sen, before paring its gains to end 4.5 sen or 6.7% higher at 71.5 sen, valuing the group at RM3.62 billion. It was the fifth most active counter on Bursa Malaysia today with 97.9 million shares traded. - More -   Boost economy with interest rate cut, says economist Posted by: superadmin - 08-28-2023, 01:55 PM - Forum: Business. Economy and Investment - No Replies PETALING JAYA: Bank Negara has been urged to consider a cut in interest rates to spur economic activity after a low growth rate of 2.9% was registered for the first quarter of this year. Barjoyai Bardai, an economist with Universiti Tun Abdul Razak, said a reduction in lending rates would increase consumer spending as it would boost their disposable income. Bank Negara could lower the overnight policy rate to stimulate economic activity, he told FMT. The OPR, or inter-bank lending rate, influences consumer rates. “It is a tool used by Bank Negara to invigorate the economy,” he told FMT. “When our economy faces challenges, the OPR is lowered to stimulate activity.” - More -   Lim accuses PAS Simpang Jeram by-election candidate of spreading lies, falsehoods Posted by: superadmin - 08-27-2023, 01:22 PM - Forum: Politics - No Replies I WAS shocked by the nomination day statement by PAS candidate for the Simpang Jeram by-election Dr Mohd Mazri Yahya (main pic, white shirt) who pledged to break down a purported wall of racial animosity allegedly built by DAP. Is the PAS state seat candidate another Tan Sri Hadi Awang who spread lies, falsehoods, fake news and hate speech without having substantiate them? I have been with DAP for close to six decades and the creation of a wall of racial animosity among the races had never been an objective of the DAP! In fact, the very opposite is the case. Right from the very first general election that DAP contested in 1969, the party has put up a multi-racial slate of state assembly and parliamentary candidates. Dr Mazri may not know that in the 1969 general election, two DAP Malay state assemblymen were elected but he should know that in 1987, I was accused of being anti-Chinese because Ahmad Nor was the DAP candidate in the Gopeng by-election. Although he lost in the by-election, Ahmad Nor went on to become the first DAP Malay MP in 1990. Dr Mazri cannot be unaware that at present, DAP has three Malay MPs or is he suggesting that the three DAP Malay MPs, Syahredzan Johan (Bangi), Syerleena Abdul Rashid, (Bukit Bendera) and Young Syefura Othman (Bentong) are not Malays or Muslims? - More -   Trump, Biden policies shifted trade from China at a cost Posted by: superadmin - 08-27-2023, 08:48 AM - Forum: Business, Economy and Investment - No Replies JACKSON HOLE: US trade has shifted away from China due to policies enacted by the Biden and Trump administrations, but US reliance on China-linked supply chains has not necessarily been reduced and consumers have faced higher costs, according to new research presented today at a Federal Reserve economic symposium. Despite deglobalisation fears after the coronavirus pandemic and Russia’s invasion of Ukraine, overall trade “has held steady at just under 60% of world (gross domestic product) rather than gone into freefall,” Laura Alfaro, an economist at Harvard Business School and Davin Chor, an associate professor at the Tuck School of Business at Dartmouth, concluded in their paper, which was presented at the annual gathering of central bankers and economists in Jackson Hole, Wyoming. - More -   Inappropriate for Sanusi to hold 8 portfolios, says C4 Posted by: superadmin - 08-27-2023, 08:43 AM - Forum: Politics - No Replies PETALING JAYA: It is inappropriate for Kedah menteri besar Sanusi Nor to hold multiple portfolios in the new state government, says the Center to Combat Corruption and Cronyism (C4). C4 chairman Edmund Terence Gomez said it was also deeply concerning that Sanusi chairs the state committee for finance as it could hinder the “check and balance” processes of the state. “Different people should hold such crucial positions. This is to allow check and balance (within the state government), which is how a proper democratic system works,” he told FMT. However, he acknowledged that this is not an isolated case, with Prime Minister Anwar Ibrahim also serving as finance minister in the federal government. - More -   Strongest support for Anwar in state polls from Chinese, Indians: survey Posted by: superadmin - 08-26-2023, 10:39 AM - Forum: Politics - No Replies KUALA LUMPUR – The highest support for Datuk Seri Anwar Ibrahim from the six states that recently held elections came from the Chinese at a staggering 88%. This was followed by support from the Indians at 81%. The prime minister received a 75% approval rating from other ethnic groups. This is according to a recent poll by local think tank, Ilham Centre on public sentiment surrounding Anwar’s performance, following the conclusion of the six-state elections recently. Overall, the premier received an approval rate of 42%, with satisfaction among the Malay community at 24%. Ilham Centre’s executive director Muhamad Hisommudin Bakar also noted that Perikatan Nasional (PN) dominated the social media sphere. “Most respondents, especially youngsters, were unaware of the government’s initiatives and announcements. - More -   How Huawei secretly builds microchip factories to bypass United States sanctions Posted by: superadmin - 08-25-2023, 04:34 PM - Forum: Business, Economy and Investment - No Replies Huawei is like Apple – they are too big to fail. In truth, when the Trump administration – repetitively – announced new rounds of export restrictions specially designed to cut off overseas manufacturers from supplying semiconductors to the Chinese telecom-equipment manufacturer, the POTUS knew his efforts to isolate China’s tech giant would fail miserably. It was absolutely funny that Donald Trump continued to punish Huawei Technologies Co. when the company was already on export blacklist imposed by the U.S. Commerce Department. Even more hilarious was when Joe Biden continued to flog the dead horse – announcing more plans to cut off Huawei from American suppliers. Exactly how long does it take to kill the Chinese company?   Despite two U.S. presidents and a truckload of “executive orders” signed to ban Huawei and other Chinese companies from getting access to the so-called advanced U.S. computer chips, it appears Huawei is still alive and kicking. In fact, Huawei’s smartphone business is “on the road to a comeback” – its share of the domestic smartphone market share grew by 76.1% in the second quarter this year. - More -   Difficult to dislodge PAS from rural seats, says PKR man Posted by: superadmin - 08-25-2023, 11:30 AM - Forum: Politics - No Replies GEORGE TOWN – It will be difficult to dislodge PAS from its hold on rural Malaysia as the national unity bloc of Pakatan Harapan-Barisan Nasional (PH-BN) has not paid adequate attention to grassroots politics, said a former PKR senior leader.  This means PAS’ hold on rural Malaysian politics is here to stay for a foreseeable future unless PH-BN goes back to the basics, said Penang PKR’s Jason Ong. Both PH and BN were born out of grassroots activism but over the past decades, in particular, PH, has become rigid and bureaucratic after tasting power since 2018, he said. It is made even more complicated as PAS is the only party in the country to have resorted to fielding religious figures (ulama) as candidates, unlike other parties including PKR. “Imagine if Christians have fielded pastors or Buddhists with their monks or Hindus with their high priests. The followers of such religions would be inclined to support their religious officials. The same applies to Muslims,” said Ong, a former Penang PKR vice-chairman. - More - Pages (1279): « Previous 1 … 534 535 536 537 538 … 1279 Next » Jump to page: