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Najib’s jail time: Tok Mat’s exact words to Asia Times Posted by: superadmin - 07-07-2022, 07:55 PM - Forum: Politics - No Replies KUALA LUMPUR – “Pay your dues, isn’t it? If we want to pardon, they have to go through the process, he has to go inside first.” These are the exact words uttered by Datuk Seri Mohamad Hasan in an interview by Asia Times, whose reporting on what he said was heavily disputed by the Umno deputy president. The news agency had reported Mohamad, popularly known as Tok Mat, as saying that former prime minister Datuk Seri Najib Razak should go to jail for his supposed part in the 1Malaysia Development Berhad (1MDB) scandal. Mohamad has since refuted this. “That is inaccurate. What I said was that Najib must get a fair trial,” he had said to The Vibes. “If he (Najib) is found guilty, then he is guilty, but he must be judged fairly,” he said in his denial. - More -   Melaka to see 2,000 auto defibrillators placed at popular sites Posted by: superadmin - 07-07-2022, 11:11 AM - Forum: Health News - No Replies MELAKA – A total of 2,000 automated external defibrillators (AEDs) will be placed at popular destinations such as tourist spots, shopping malls, recreation areas, and places of worship here, to offer vital first aid to people experiencing sudden cardiac arrest. Majlis Datuk-Datuk Negeri Melaka (MDDNM) deputy president Datuk Ahmad Zaini Mohd Amin, who also chairs the heart safety programme, said the AEDs would be installed in stages over the next two to three years. He said the programme organised by MDDNM in collaboration with the Melaka Civil Defence Force and St John Ambulance of Malaysia, also provided CPR training to members of the public to act as first responders in giving first aid with the device. “So far, six AEDs have been placed in public places, with four located at the Seri Negeri Complex, while 60 people have been trained as first responders through this programme. “This is part of MDDNM’s corporate social responsibility (CSR) commitment. The devices are contributions from various parties, to ensure that individuals who have a heart attack in public can be revived,” told reporters after presenting the AEDs to Chief Minister Datuk Seri Sulaiman Md Ali here yesterday. - More -   PAS’ ideology and dismal performance a liability for Umno Posted by: superadmin - 07-07-2022, 10:16 AM - Forum: Politics - No Replies From Ibrahim M Ahmad With the 15th general election approaching, political parties will be scrambling behind the scenes to cement pacts capable of securing a majority in the Dewan Rakyat to form the next administration. Holding only 37 of the 112 seats required for a simple majority, Umno’s grip on power is tenuous. The current government which it leads – a multi-coalition patchwork randomly put together – only stands because it retains the support of Bersatu, PAS, the Sabah and Sarawak blocs, as well as several smaller parties and independent MPs. To ensure that support, each party is given representation in the Cabinet. PAS presently holds three ministerial and five deputy ministerial positions. On top of that, Abdul Hadi Awang has been made special envoy to the Middle East, a position with ministerial rank created by Prime Minister Ismail Sabri Yaakob to accommodate the party’s president. It goes without saying that Ismail’s Cabinet projects the face of Umno and the ruling majority which the party leads. Unfortunately, it is perceived to be bloated, overpaid, outdated and underperforming. - More -   Can we ‘pendatang’ be part of ‘Keluarga Malaysia’? Posted by: superadmin - 07-07-2022, 09:25 AM - Forum: Stop Racism and Religious Bigotry - No Replies For as long as I remember, Malaysia and our politicians have been so fond of coining slogans to encourage the nation. As soon as someone rises to the top job, and regardless of their ability or capacity, they will definitely conjure up a slogan that is supposed to motivate us. Our erstwhile two-time prime minister came to power with all guns blazing in the early ‘80s and immediately launched the ‘Bersih, Cekap, Amanah’ – ‘Clean, Efficient, Trustworthy’ slogan. He also had a few more slogans up his sleeves over the years. Similarly, everyone who came after him, created new and fresh catchphrases to excite the citizens. The latest in the line of inspiring sayings by our leaders is the fizzy and sparkling ‘Keluarga Malaysia’ – ‘Malaysian Family’ moniker. And, of course, it comes with the requisite accompanying logo and theme song. Remember, jingles or ditties are vital to capture the imagination of Malaysians. At first glance, this slogan is a really important one. - More -   YOURSAY | Malay unity, a sure-to-fail, divisive formula Posted by: superadmin - 07-07-2022, 08:54 AM - Forum: Politics - No Replies Faustus: It would be hilarious to argue seriously that Malay Muslim unity has been cast aside for some five decades. One can debate the shortcomings in their national leadership given their almost monopoly control of governance all these decades and the present plight of the nation.  One can moan over the lack of enthusiasm and effective engagement of the talents and capacities of the other communities in national development efforts. One can be concerned about the issues that has gained notoriety nowadays about the skewed distribution of wealth amongst the population in general and within specific communities. One can seriously worry about certain allegations of abuse of office. The multiplicity of political parties and posturing within certain categories is perhaps driven by narrow motives other than the overall interests of national development and distribution of development amongst the various communities that constitute this nation. Minus the rational and reasonable integration of multiculturalism, this lucky nation will continue to be disadvantaged in expressing its full potentials. - More -   China delivers US$37 million in aid to Afghanistan, fulfilling promise to Taliban Posted by: superadmin - 07-06-2022, 06:59 PM - Forum: Politics - No Replies Chinese envoy says the donation is ‘best manifestation’ of friendship between the countries Beijing has yet to formally recognise new government but is keen to partner with regime in trade and investment Beijing has donated 250 million yuan (US$37.4 million) of aid to Afghanistan, fulfilling a promise it made to the new Taliban government last year, according to the Chinese embassy in Kabul. Chinese ambassador Wang Yu made the announcement on Tuesday at a ceremony attended by Ghulam Ghaws Naseri, acting minister of state for disaster management and humanitarian affairs for Taliban-led Afghanistan. Chinese foreign ministry spokesman Zhao Lijian said on Wednesday that the last charter plane carrying Chinese aid would fly to Afghanistan on Thursday, and all supplies promised by China would be delivered. “China has become one of the countries providing the largest, most substantial and fastest assistance to Afghanistan in disaster relief,” Zhao said. - More -   UK’s Boris Johnson fights for his political survival after top resignations & scandal Posted by: superadmin - 07-06-2022, 06:12 PM - Forum: Politics - No Replies UK’s Boris Johnson fights for his political survival after top resignations and scandals U.K. Prime Minister Boris Johnson’s leadership is hanging by a thread after the resignations of two of his most high-profile ministers and several other top officials and ministerial aides in the last 24 hours. British Finance Minister Rishi Sunak and Health Secretary Sajid Javid both resigned on Tuesday in protest against Johnson’s leadership. But despite calls to resign, the prime minister shows no signs of being ready to stand down. Last night, he reshuffled his ministerial team to fill the vacancies created by the shock resignations. LONDON — U.K. Prime Minister Boris Johnson’s leadership is hanging by a thread after the resignations of two of his most high-profile ministers and several other top officials and ministerial aides in the last 24 hours. British Finance Minister Rishi Sunak resigned Tuesday evening, saying the government should be run “properly, competently and seriously.” Health Secretary Sajid Javid, likewise, resigned in protest against Johnson’s leadership, which has been beset by controversy and scandal in recent months. As a number of senior Tories called for Johnson to quit, the government’s former Brexit negotiator David Frost also joined the fray, calling on the prime minister to step down without delay. In a newspaper column Wednesday, Frost echoed other critics of Johnson by stating emphatically that “it is time for him to go,” adding that “if he hangs on, he risks taking the party and the government down with him.” - More -   Crypto brokerage Voyager Digital files for Chapter 11 bankruptcy protection Posted by: superadmin - 07-06-2022, 06:01 PM - Forum: Business, Economy and Investment - No Replies Voyager commenced bankruptcy proceedings in the U.S. Bankruptcy Court of the Southern District of New York on Tuesday. The company suffered huge losses from its exposure to crypto hedge fund Three Arrows Capital, which went bust last week. Sam Bankman-Fried’s Alameda Research is listed as Voyager’s largest creditor, with an unsecured claim of $75 million. Beleaguered crypto brokerage Voyager Digital has filed for Chapter 11 bankruptcy protection, becoming the latest casualty of chaos in digital asset markets. Voyager commenced bankruptcy proceedings in the U.S. Bankruptcy Court of the Southern District of New York on Tuesday, according to a filing from the company. The filing lists assets of between $1 billion and $10 billion, and liabilities in the same range. In a statement, the company said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. - More -   Raising interest rates is the wrong solution to the inflation problem, analyst says Posted by: superadmin - 07-05-2022, 03:18 PM - Forum: Business, Economy and Investment - No Replies Raising interest rates to tame demand and therefore inflation is not the right solution as high prices have been mainly driven mainly by supply chain shocks, MBMG Group managing partner Paul Gambles told CNBC. “Supply is very difficult to manage, we are finding across a whole bunch of industries, a whole bunch of businesses, they’re having very different challenges just turning the taps back on,” he said. “And the Fed are the first ones to put up their hands and say monetary policy can’t do anything about supply shock. And then they go and raise interest rates,” he added. Raising interest rates to tame demand — and therefore inflation — is not the right solution, as high prices have been driven mainly by supply chain shocks, one analyst said. Global manufacturers and suppliers have been unable to produce and deliver goods to consumers efficiently during Covid lockdowns. And more recently, sanctions imposed on Russia have also curtailed supply, mainly of commodities. “Supply is very difficult to manage, we are finding across a whole bunch of industries, a whole bunch of businesses, they’re having very different challenges just turning the taps back on,” Paul Gambles, managing partner at advisory firm MBMG Group, told CNBC’s “Street Signs” on Monday.   Referring to the energy crisis that Europe faces as Russia threatens to cut off gas supplies, he said that “on American independence day, this is sort of a co-dependence day where Europe is absolutely shooting itself in the foot, because so much of this has come about as a result of sanctions.” “And the Fed are the first ones to put up their hands and say monetary policy can’t do anything about supply shock. And then they go and raise interest rates.” - More -   Another crypto lender Vauld pauses withdrawals as market crash takes its toll Posted by: superadmin - 07-04-2022, 08:30 PM - Forum: Business, Economy and Investment - Replies (2) Crypto lender Vauld on Monday paused all withdrawals, trading and deposits on its platform and is exploring potential restructuring options, the company said. Vauld said it is facing “financial challenges” due to “volatile market conditions” which has led to customers withdrawing more than $197.7 million from the platform since June 12. Vauld is the latest victim of the cryptocurrency price plunge this year that has exposed flaws in a number of digital coin projects and business models. Crypto lender Vauld on Monday paused all withdrawals, trading and deposits on its platform and is exploring potential restructuring options, the company said. Vauld CEO Darshan Bathija said in a blog post on Monday that the company is facing “financial challenges” due to “volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate” which has led to customers withdrawing more than $197.7 million from the platform since June 12. The Singapore-based company said it is working with its financial and legal advisors to “explore and analyse all possible options, including potential restructuring options, that would best protect the interests of Vauld’s stakeholders.” - More - Pages (1343): « Previous 1 … 819 820 821 822 823 … 1343 Next » Jump to page: