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We’ll help you bring ballot boxes home: activists offer EC helping hand Posted by: superadmin - 02-11-2022, 03:43 PM - Forum: Politics - No Replies KUALA LUMPUR – A coalition of civil society groups dubbed Undi Johor today launched a support campaign for the upcoming polls, intending to “fill the gaps left by the inefficiency of the Election Commission”. The Op Undi Johor campaign has offered to help the EC transport ballot boxes back from Singapore for the election. The campaign will also see the creation of a “Pulang Mengundi” (Come Back and Vote) fund to subsidise transportation for students and youths returning to Johor to vote. “Due to the failure of government agencies, it is time for the rakyat to jaga rakyat (for the people to look after the people),” said Raja Ahmad Iskandar Fareez at a press conference today. The group has also called for an extension of the registration period for postal voters, which the EC set from February 9 to February 18. Earlier this week, Undi Johor issued four demands to the EC, namely to facilitate the smooth return of overseas voters, establish overseas polling stations, allow early voting on campus for students, and enable postal voting for Johoreans in East Malaysia. These demands, according to the group, went unanswered and as a result, the group today issued a statement calling EC chairman Datuk Abdul Ghani Salleh “a shame” for failing to take steps to improve the election process since the pandemic began. “The EC’s inaction harks back to the dark days prior to the 14th general elections,” said Raja Ahmad Iskandar Fareez of the think-tank Research for Social Advancement. - More -   U.S. inflation data is like a ‘punch in the stomach’ for the Fed, says Citi economist Posted by: superadmin - 02-11-2022, 03:04 PM - Forum: Business, Economy and Investment - No Replies The latest U.S. January inflation data came in like a “punch in the stomach” for the Federal Reserve, said the global chief economist of Citi Research Nathan Sheets, adding that means the next rate hike could be as aggressive as 50 basis points. The U.S. consumer price index for January surged to 7.5% year-over-year, according to the Labor Department. Both headline and core CPI rose 0.6%, compared to estimates for a 0.4% increase by both measures. “These inflation data today came like a punch in the stomach for Jay Powell and his colleagues,” Nathan Sheets told CNBC’s “Squawk Box Asia” on Friday. The latest U.S. January inflation data came in like a “punch in the stomach” for the Federal Reserve, which raises the possibility for an aggressive 50 basis points rate hike in March, the global chief economist of Citi Research said. The consumer price index for January, which measures the costs of dozens of everyday consumer goods, rose 7.5% year-on-year, the Labor Department reported Thursday. “This inflation data today came like a punch in the stomach for Jay Powell and his colleagues,” Nathan Sheets told CNBC’s “Squawk Box Asia” on Friday, referring to the Fed chairman. “Their narrative is that as the year progresses, we should see inflation start to abate and to come on down. And there was not even a hint of that in the January data,” he added. The monthly CPI rates also came in stronger than expected. Both headline and core CPI rose 0.6%, compared to estimates for a 0.4% increase by both measures. Even with the challenges posed by the highly contagious omicron variant, inflation still remains high, and more progress needs to be made to bring inflation down to 3% for this year, Sheets said. - More -   US Inflation surges 7.5% on an annual basis, even more than expected Posted by: superadmin - 02-11-2022, 02:48 PM - Forum: Business, Economy and Investment - No Replies Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982 The consumer price index for all items rose 0.6% in January, driving up annual inflation by 7.5%. That marked the biggest gain since February 1982 and was even higher than the Wall Street estimate. Core inflation rose 6%, which also was a notch above expectations. Real earnings for workers increased just 0.1% on the month when accounting for inflation. Weekly jobless claims declined to 223,000, below the 230,000 estimate. Consumer prices surged more than expected over the past 12 months, indicating a worsening outlook for inflation and cementing the likelihood of substantial interest rate hikes this year. The consumer price index for January, which measures the costs of dozens of everyday consumer goods, rose 7.5% compared with a year ago, the Labor Department reported Thursday. That compared with Dow Jones estimates of 7.2% for the closely watched inflation gauge. It was the highest reading since February 1982. - More -   Fernandes says Capital A to be profitable next year Posted by: superadmin - 02-11-2022, 02:25 PM - Forum: Business. Economy and Investment - No Replies KUALA LUMPUR: Capital A, formerly AirAsia Group, will return to profitability in 2023, Group CEO Tony Fernandes said today, as demand for air travel is expected to recover in the fourth quarter of this year. In a virtual interview with Nikkei Asia, Fernandes said most of the company’s digital businesses will be in the black next year, while the recovery in international travel will boost earnings of its core airline operations. - More -   More to lose than gain in joining Muda, says tycoon’s daughter Posted by: superadmin - 02-11-2022, 02:23 PM - Forum: Politics - No Replies PETALING JAYA: The daughter of property tycoon Lee Kim Yew has fended off naysayers who criticised her for joining Muda, saying she has “more to lose than to gain” in joining the new party. In a series of tweets, Dian Lee said she understood why some were sceptical about her involvement in politics, adding that this kind of scrutiny was healthy and necessary for the sake of accountability. - More -   With PAS and Bersatu joining forces for state polls, MN faces cliff-edge in Johor Posted by: superadmin - 02-11-2022, 11:40 AM - Forum: Politics - No Replies Analysts: With PAS and Bersatu joining forces for state polls, Muafakat Nasional faces cliff-edge in Johor KUALA LUMPUR, Feb 11 — Political analysts predict that PAS’ alliance with Umno under the Muafakat Nasional (MN) pact will reach its finality in Johor after the state polls. Universiti Malaysia associate professor Awang Azman Awang Pawi said the pact’s very existence was thrown into doubt the moment Parti Pribumi Bersatu Malaysia (Bersatu) and PAS announced that they were cooperating for the Johor state polls without Umno. “This is just like in the Melaka state election, where Bersatu and PAS worked together, leaving out Umno. - More -   Johor polls: Pejuang to fight solo in 42 seats, says Mukhriz Posted by: superadmin - 02-11-2022, 11:35 AM - Forum: Politics - No Replies JOHOR BARU – Pejuang president Datuk Seri Mukhriz Mahathir has announced that the party will contest in 42 out of the 56 seats for the upcoming Johor polls.  Speaking to the press after Pejuang’s election machinery launch in Taman Universiti here, Mukhriz also clarified that the party will be heading to the polls ‘solo’. When asked by reporters if a multi-cornered fight may see Barisan Nasional benefiting, Mukhriz said that it is crucial for Johoreans to come out to vote to ensure a high turnout. “That’s why the media must also play its role and encourage voters to come out on polling day,” he said. Touching on Pakatan Harapan’s (PH) “Big Tent” strategy, Mukhriz said he is not buying it, given that the coalition has signed an MoU with the ruling government. It appears, Mukhriz opined, as if PH is conspiring with the government. “Wherever there are kleptocrats, we are not there,” Mukhriz said. - More -   Why Indonesia will overtake Malaysia Posted by: superadmin - 02-11-2022, 11:08 AM - Forum: Politics - No Replies The presidential palace in Indonesia’s proposed new capital Nusantara is hugely impressive, if images of the model are anything to go by. The first thing that strikes you is the garuda-shaped structure at the back of the state palace complex. With its wings spread wide, garuda appears to be symbolically protecting the palace and its residents. Designed by sculptor Nyoman Nuarta, the garuda structure is expected to be 170 metres high. The Indonesian government hopes to celebrate its Aug 17 independence day in 2024 at the majestic complex which will sit on 100 hectares of land in East Kalimantan. I am not surprised that Indonesian designers included the garuda or that President Joko Widodo (Jokowi) selected this particular initial design for the presidential palace. After all the mythical bird is Indonesia’s national emblem. - More -   PH’s influence isn’t waning, says Maszlee Posted by: superadmin - 02-11-2022, 11:03 AM - Forum: Politics - No Replies PETALING JAYA: Former education minister Maszlee Malik has dismissed talk that Pakatan Harapan’s influence is waning, saying low voter turnout was the reason for the coalition’s poor showing at the last two state elections. Heavy defeats in last year’s Melaka and Sarawak elections have led to questions about the former ruling coalition’s popularity, especially with the Johor elections due on March 12 and a general election by May 2023. - More -   No more personality-driven politics, says Syed Saddiq Posted by: superadmin - 02-11-2022, 11:01 AM - Forum: Politics - No Replies PETALING JAYA: Muda president Syed Saddiq Syed Abdul Rahman says while he backed Pakatan Harapan chairman Anwar Ibrahim for prime minister in a statutory declaration (SD) two years ago, he now feels Malaysia should focus on “building a team of leaders, instead of talking about personalities”. The Muar MP added that the country’s politics should not be controlled by certain prominent individuals. - More - Pages (1267): « Previous 1 … 817 818 819 820 821 … 1267 Next » Jump to page: