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What went wrong with America? How to save America? | Posted by: superadmin - 04-13-2022, 08:58 PM - Forum: Politics - No Replies   Tg Malim has potential to be EV manufacturer hub for Asean: PM Posted by: superadmin - 04-13-2022, 02:59 PM - Forum: Business. Economy and Investment - No Replies TANJUNG MALIM – The development of the Automotive High-Tech Valley (AHTV) can make Malaysia, among others, a hub for electric vehicle manufacturers and component suppliers, not only to the Asean market, but also to a wider market. Prime Minister Datuk Seri Ismail Sabri Yaakob said the development would be able to attract foreign investors, especially from China and other countries, because it has the potential to strengthen the automotive ecosystem in a large area. “If other countries like the United States can be proud of Detroit, a district famous for its car manufacturing industry, it is possible that one day, Tg Malim will be known as a great automotive hub in the region,” he said during AHTV’s launch here today. Apart from that, the prime minister said Tg Malim would see an economic overflow from the activities of the AHTV development project which is expected to generate 370,000 jobs during construction and 160,000 jobs when it is operational. - More -   Who Will Be Scared Of China's Long-Range Transport Warplanes? Posted by: superadmin - 04-13-2022, 02:54 PM - Forum: Politics - No Replies   Ukraine crisis risks escalating amid stalled talks, rising hostility Posted by: superadmin - 04-13-2022, 10:48 AM - Forum: Politics - Replies (1) Russian President Vladimir Putin called the situation in Ukraine "a tragedy" and peace talks had reached a "dead end" in his meeting with Belarusian President Alexander Lukashenko, asserting that economic sanctions imposed on Russia by nations around the world have "failed" and he had no intention of pulling back from a military campaign.  Western media reported that Russia is planning a new operation to end or make significant progress in its military operation in Ukraine by May 9, Victory Day, to celebrate the former Soviet Union's victory over Nazi Germany, with a decisive battle in east Ukraine's Donbas region.  Chinese analysts said on Tuesday that the positive trend achieved by previous peace talks in Turkey was ruined, and the West and Ukraine are likely to miscalculate Russia, making negotiations hard to restart.  - More -   Bullish February trade lifts ringgit higher against US dollar Posted by: superadmin - 04-13-2022, 10:24 AM - Forum: Business. Economy and Investment - No Replies KUALA LUMPUR (April 13): The ringgit snapped its five-day losing streak against the US dollar in the early trade on Wednesday (April 13) as the encouraging trade figures for February sparked risk appetite for the local currency, a dealer said. At 9am, the local note had risen to 4.2290/2320 versus the greenback from Tuesday’s close at 4.2305/2330. “This (the trade performance) managed to offset the currently stronger US dollar on the back of growing expectations that the US Federal Reserve might increase its key rate as the latest data showed that inflation was higher than expected. - More -   ALR plan to acquire Klang Valley highways gets thumbs up from financial institutions Posted by: superadmin - 04-13-2022, 10:15 AM - Forum: Business. Economy and Investment - No Replies KUALA LUMPUR – Amanat Lebuhraya Rakyat Bhd (ALR) has received positive responses from financial institutions for its plan to acquire four major highways in the Klang Valley given the sound business of the concessionaires, a source said. The source close to the proposal, which will see a trustee taking ownership of the highways and keeping toll rates unchanged till the end of their concessions, said ALR has not only convinced the financial institutions on the viability of the proposal, but is now feeling rather bullish that any bonds or sukuk to be issued would good ratings and be well received. ALR has offered to entirely acquire the Shah Alam Expressway (Kesas), Western Kuala Lumpur Traffic Dispersal System (Sprint Highway), Damansara-Puchong Expressway (LDP), and Stormwater Management and Road Tunnel (Smart), for an aggregate enterprise value of RM5.48 billion. “The financial institutions involved have deemed that the business model is sound. - More -   Federal Court to rule on constitutionality of Penang anti-hopping law Posted by: superadmin - 04-13-2022, 09:10 AM - Forum: Politics - No Replies PETALING JAYA: The High Court has allowed an application by the Penang state assembly and its Speaker to refer to the Federal Court whether the state’s anti-hopping law violates the constitutional right to freedom of association. Penang-based judicial commissioner Azizan Md Arshad, who delivered the ruling today, said the two had fulfilled the requirements of Article 128 of the Federal Constitution and Section 84 of the Courts of Judicature Act. - More -   S&P 500, Nasdaq fall for a third day, reversing earlier gains Posted by: superadmin - 04-13-2022, 08:59 AM - Forum: Business, Economy and Investment - No Replies S&P 500, Nasdaq fall for a third day, reversing earlier gains, after report shows highest inflation since ’81 Stocks fell on Tuesday, after an early morning bounce gave way to selling as investors weighed the latest U.S. inflation data. The report showed another sharp increase in prices for last month. The S&P 500 declined 0.34% to 4,397.45, and the Nasdaq Composite fell 0.30% to 13,371.57, as both averages posted losses for a third trading day. The Dow Jones Industrial Average closed 87.72 points lower, or 0.26%, to 34,220.36. The major averages were sharply higher to start the session, with the Dow rallying as much as 361.89 points, or about 1.1%. The S&P 500 and Nasdaq were up as much as 1.3% and 2%, respectively, at their highs of the day. Wall Street was trying to recover from steep losses suffered in the previous session. - More -   Malaysians really want a credible opposition Posted by: superadmin - 04-13-2022, 08:44 AM - Forum: Politics - No Replies Remember when Pakatan Harapan secured their surprise election victory back in 2018? Many expressed their joy as if it were Merdeka Day relived. There was so much hope about a Malaysia Baru being born. Now, remember the state elections in Johor. Melaka and Sarawak before that. The rekindled Barisan Nasional seems to have wiped away the blip of history where PH was the government, as if it never happened. It’s almost four years since that general election in 2018, and there is a completely changed political landscape. We have to ask the question why? One thing those observing Malaysia at the time would clearly remember was the growing loss of hope and later disillusionment with the PH government over its short 20 months in power. In the beginning, everyone, even Umno supporters, had held hopes of seeing real reforms, only to have their hopes shattered by the coalition’s complete failure to deliver. Then there were the nasty party splits, symbolised with the treacherous defection of the Azmin Ali group from PKR during the Sheraton Putsch, which created what many have described as a ‘backdoor’ government. This enraged many. However, Anwar Ibrahim as the ‘then prime minister in waiting’ failed to take the opportunity to rally PH supporters to the moral cause of winning back the government. With the advent of the pandemic, the rakyat lost their rage as their lives turned towards the need to just survive. - More -   15 Financial Facts That Just Might Scare The Living Daylights Out Of You Posted by: superadmin - 04-12-2022, 04:40 PM - Forum: Business, Economy and Investment - No Replies Pages (1231): « Previous 1 … 727 728 729 730 731 … 1231 Next » Jump to page: