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Phison Electronics backs Malaysian ‘father of pendrive’ despite 2-yr jail sentence Posted by: superadmin - 11-04-2021, 02:34 PM - Forum: Business, Economy and Investment - No Replies Taiwan’s Phison Electronics backs Malaysian ‘father of pendrive’ despite 2-year jail sentence KUALA LUMPUR – Once hailed as the “father of the pendrive”, Malaysian-born Datuk Pua Khein Seng is now facing an almost two-year prison sentence over allegedly causing a public official to provide false information in a public document and another two years for violating Article 171 Item 1 Sub-Item 1 of Securities and Exchange Act. Although Pua expressed his regret following the judgment, he is appealing the two-year sentence and will remain chairman and CEO of Phison Electronics Corp. Last Friday, the Taiwan Hsinchu District Court rendered judgment on Phison’s financial report case that occurred in 2016. In a statement, Pua said he will appeal the judgment, and continue settlement discussions with the Securities and Futures Investors Protection Centre (SFIPC), which will take time. “I am personally working with the SFIPC and all parties to come to a complete and satisfactory resolution. - More -   Melaka DAP may drop some incumbents in state polls Posted by: superadmin - 11-04-2021, 12:55 PM - Forum: Politics - No Replies MELAKA: Melaka DAP says some of its incumbents may be dropped from the upcoming state election. However, its secretary Damien Yeo said the DAP central leadership will have the final say on the candidates who will be nominated by the party under the Pakatan Harapan (PH) banner. “There is the possibility that some incumbents may be dropped or perhaps it is a case of them not wanting to contest their seat anymore. These are all possibilities. Whatever it is, we leave it to the party’s central leadership to make the final decision. “And of course at this moment, the Pengkalan Batu seat is vacant. So, there is also the possibility of an incumbent from another seat moving to contest it,” he said at a media conference here, today. Yeo, the incumbent for the state seat of Duyong, said DAP would be fielding more than five new faces in the Melaka state election. - More -   We don’t recommend Ivermectin to treat Covid-19, says health DG Posted by: superadmin - 11-04-2021, 12:40 PM - Forum: Covid-19 Pandemic - Replies (3) PETALING JAYA: The health ministry does not recommend using Ivermectin to treat Covid-19 patients, following its Ivermectin treatment effectiveness test on high-risk Covid-19 patients (I-tech study). In a statement, health director-general Dr Noor Hisham Abdullah said the study found that the drug yielded no significant differences in ICU admissions, mechanical ventilation, symptom recovery, blood parameters and chest X-ray resolution. “The main aim of the I-tech study was to see if Ivermectin administered during the first week of illness prevented deterioration to Stage 4 or 5 among hospitalised patients aged 50 years and above with at least one comorbidity,” he said. - More -   Why the rush to hold polls, ask Sarawak DAP leaders Posted by: superadmin - 11-04-2021, 12:30 PM - Forum: Politics - No Replies PETALING JAYA: The looming Sarawak election following today’s lifting of the Emergency in the state will see young voters lose out, a DAP leader said. “The lifting of the Emergency just goes to show that Abang Jo (Sarawak chief minister Abang Johari Openg) desperately wants an election before the end of this year with the obvious reason of avoiding Undi18,” said Sarawak DAP chairman and Stampin MP Chong Chieng Jen. “My question to Abang Jo is: Is Undi18 scarier than Covid-19? Why does he want to risk the lives of Sarawakians and opt for an early election just to avoid Undi18?” In September, the High Court in Kuching ordered the government to implement the Undi18 amendments by Dec 31 after allowing a legal challenge filed by five Sarawakian youths against the decision by the previous government, led by Muhyiddin Yassin, not to implement the amendments by July. One of the amendments lowers the voting age from 21 to 18. - More -   The science of stupidity Posted by: superadmin - 11-04-2021, 12:25 PM - Forum: Stop Racism and Religious Bigotry - No Replies The French thinker Voltaire said: “The only way to comprehend what mathematicians mean by Infinity is to contemplate the extent of human stupidity.” The late Carlo M Cipolla, who taught for many years at Berkeley University in the US, did more than contemplate the extent of human stupidity; he postulated several laws after much research. The professor of economic history came up with five laws which he penned in an essay called The Basic Laws of Human Stupidity. Always and inevitably everyone underestimates the number of stupid individuals in circulation; The probability that a certain person is stupid is independent of any other characteristic of that person; A stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain and even possibly incurring losses; Non-stupid people always underestimate the damaging power of stupid individuals. In particular non-stupid people constantly forget that at all times and places, and under any circumstances, dealing and/or associating with stupid people always turns out to be a costly mistake; and A stupid person is the most dangerous type of person. - More -   How China shapes the world's coal Posted by: superadmin - 11-03-2021, 08:31 PM - Forum: Environment Protection News - No Replies Coal, the most carbon intensive fossil fuel, has come under increasing pressure from climate campaigners and communities affected by pollution from the industry. In recent years, at least 100 major banks – including the World Bank, Inter-American Development Bank, the European Investment Bank and many others – have divested from coal mining or coal-fired power plants. But as many financial institutions have taken a step away from coal, some countries moved in to fill the void, such as China, South Korea and Japan. China has played a particularly big role – the country provided half of overseas public finance to coal-fired power plants between 2013 and 2018. China's massive foreign investments in coal have given it the reputation as a lender of last resort for many African and Asian countries eager to boost power capacity to fuel economic growth. But developing countries reliant on China could now find their energy policies turned on their heads. At the UN General Assembly in September, Chinese president Xi Jinping announced plans to abandon building new coal power plants abroad. - More -   Malay unity movement in limbo as PAS team up with PN in Melaka election Posted by: superadmin - 11-03-2021, 07:23 PM - Forum: Politics - No Replies GEORGE TOWN – The concept of a Malay unity movement is in limbo following the move by PAS to team up with Perikatan Nasional (PN) instead of Umno in the upcoming Melaka state election. It now remains to be seen how PAS and Umno, who are the primary forces behind the Malay unity movement, can reconcile. Prof Sivamurugan Pandian of University Sains Malaysia said that PAS has clearly shown that it is more comfortable dealing with the PN coalition, rather than with Umno, whose top leadership is devoid of any cabinet positions for now. “I think PAS is comfortable dealing with parties in government. “It remains to be seen if PAS will remain entrenched with PN or continue to pursue its Muafakat Nasional partnership with Umno – the bedrock of Malay unity symbolism for contests other than Melaka,” he told The Vibes. - More -   Economic liberalisation via trade may reduce national debt, says economist Posted by: superadmin - 11-03-2021, 03:41 PM - Forum: Politics - No Replies KUALA LUMPUR – The government ought to consider economic liberalisation through various initiatives, especially from the aspect of international trade, to give more injections of a long-lasting impact on the economy, an economist said. Malaysian Rating Corporation Bhd (Marc) chief economist Firdaos Rosli said the government's initiatives were now more focused on private sector demand and not supply as private sector demand accounted for about 60% of the country's gross domestic product (GDP) at present. “Supply is a bit difficult (to implement) as the impact is not immediate and if the government opens the economy now, the government will not see the impact immediately in that year, maybe the impact can be seen in the second or third years and so forth. “But if the government focuses on private sector demand, the impact is immediate. For example, the government gives a Keluarga Malaysia assistance of RM2,000 to a person, he will take the money and spend it. “But for supply, it is a little slow as a company or FDI (foreign direct investment) has to set up factories, employs workers, this will take time,” he said on Bernama TV’s “Ruang Bicara” programme entitled “Understanding Budget 2022” yesterday. - More -   10 reasons why DBKL’s liquor restrictions smack of mockery – J.D. Lovrenciear Posted by: superadmin - 11-03-2021, 03:20 PM - Forum: Stop Racism and Religious Bigotry - No Replies KUALA Lumpur City Hall (DBKL) has imposed a wide sweeping alcohol sales ban and a string of restrictions and compliance laws that seems set to be emulated by other local governments all across the country, subsequently. This move by DBKL has set tongues wagging while many harbour the perception that Malaysia may be going the way of the far and few Islamic nations that have declared their territories as “alcohol free” where alcohol importation, manufacturing, sales and consumption have burrowed deep and wide into the black market. While consuming alcohol in excess is injurious to health and can harm families, the new string of restrictions and compliance rules introduced by DBKL to curb access to alcohol, wine and beer screams of mockery. Let me explain why. 1. The ban on the sale of liquor at grocers, convenience stores, and Chinese medicinal shops may seem to curtail liquor consumption. But beer is tolerated and can be sold. What is the correlating logic between a ban on liquor and the permitting of beer sales and ease of access? - More -   Consumers in China pick their 3 favorite electric cars — and only one is Chinese Posted by: superadmin - 11-03-2021, 03:06 PM - Forum: Business, Economy and Investment - No Replies Among the favorite EV brands in China are one from China, one from the United States and one from Germany. This year’s survey covered about 1,600 Chinese consumers mostly living in China’s larger cities, with an average age of 32 and monthly income of about 19,000 yuan ($2,969). Across cars of all categories, premium German brands ranked first, followed by Japanese brands and then Chinese brands including BYD and Geely, the report said. BEIJING — When it comes to their favorite electric car brand, Chinese consumers’ top choice is Warren Buffett-backed BYD, according to a survey by Bernstein. Elon Musk’s Tesla ranks second, and third on the list is Germany’s Volkswagen, Bernstein said. The firm cited the latest results from a regular survey of Chinese consumers in the third quarter of the last few years. This year’s survey, released Thursday, covered about 1,600 respondents. Most of those surveyed lived in China’s larger cities, with an average age of 32 and monthly income of about 19,000 yuan ($2,969), the research firm. - More - Pages (1152): « Previous 1 … 803 804 805 806 807 … 1152 Next » Jump to page: