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We’ll be forced to raise prices due to steep hike in power rates, warn SMEs Posted by: superadmin - 01-30-2022, 10:44 AM - Forum: Business. Economy and Investment - No Replies PETALING JAYA: A business group has slammed the government for raising electricity rates for commercial and industrial users, saying that businessmen may be forced to pass on some of the increase in operational costs to consumers just like Tenaga Nasional Bhd (TNB) is doing. It said as it is, small and medium enterprises (SMEs) were already struggling after being hit by the Covid-19 pandemic, and the 11-18.4% hike in electricity rates from next month will surely hamper their recovery. - More -   听闻远方有你 Posted by: superadmin - 01-29-2022, 09:15 PM - Forum: Chinese Songs - No Replies   Did the so-called Concentration Camp really exist in Xinjiang? Posted by: superadmin - 01-29-2022, 05:36 PM - Forum: Politics - No Replies   Hewlett Packard wins billion-dollar fraud case in UK Posted by: superadmin - 01-29-2022, 05:34 PM - Forum: Business, Economy and Investment - No Replies LONDON – US tech giant Hewlett Packard (HP) won its multibillion-dollar fraud case yesterday over its 2011 purchase of British software company Autonomy. A year after the deal, HP accused Autonomy of fudging its accounts, claiming it had inflated its value and caused huge losses for the US company when the true situation emerged after the US$11.1-billion (RM46.5-billion) sale. HP sued two executives, Mike Lynch, Autonomy’s British founder, and former chief financial officer Sushovan Hussain, for around US$5 billion. In a summary of his decision in what is believed to be Britain’s biggest-ever civil fraud trial, judge Robert Hildyard said HP and the other claimants had “substantially won”. Hildyard said the damages to be paid will be determined at a later date. HP claimed the two men had “artificially inflated Autonomy’s reported revenues, revenue growth and gross margins... over a sustained period of time.” The company announced an US$8.8-billion write-down of the firm’s value just over a year after the sale. - More -   If you want to work with PKR, you must work with DAP too: Anwar Posted by: superadmin - 01-29-2022, 05:29 PM - Forum: Politics - No Replies KUALA LUMPUR – PKR president Datuk Seri Anwar Ibrahim said that his party is open to cooperating with others for the upcoming Johor election but based on the strict condition that DAP must be part of the pact. This follows statements issued by several Perikatan Nasional (PN) leaders indicating their willingness to work with PH for the polls, with PAS supposedly conditioning cooperation on DAP being out of the picture. Speaking to the press after an event in Seremban, Negri Sembilan today, Anwar said the proposal to sideline DAP cannot be accepted. “DAP and PKR have been the core opposition parties since the beginning, and we have respectively shown our loyalty. So, I can’t just push them away,” he said. “If certain parties want to discuss separately with PKR or DAP, we will never stop them. But to give a condition that any cooperation must be without DAP or PKR, that is hard to be accepted.” - More -   Better for Umno to go solo after being stabbed in the back by Bersatu, says Puad Posted by: superadmin - 01-29-2022, 05:24 PM - Forum: Politics - No Replies PETALING JAYA: It is better for Umno to move forward alone than to be with Perikatan Nasional because the coalition lacks political integrity, Umno Supreme Council member Puad Zarkashi said. Responding to PAS president Abdul Hadi Awang’s criticism of Umno yesterday, Puad said the party did not seem concerned about Bersatu “stabbing Umno in the back”, as had happened in Sabah. Although Puad did not elaborate, he is believed to be referring to speculation that Bersatu had put up independent candidates to compete against Umno’s candidates in the Sabah state elections in 2020. “PAS is not bothered about that as it is not at the losing end. So what Malay unity is PAS hoping for if Bersatu’s intention is to finish off Umno through PN?” Puad said in a statement. - More -   Focus on science, coding skills to future proof nation, says ex-minister Posted by: superadmin - 01-29-2022, 05:14 PM - Forum: Educations - No Replies PETALING JAYA: The education ministry must pay attention to subjects that will equip youths with skills for the future workplace rather than push for religious studies, a former minister said today. Former international trade and industry minister Darell Leiking added that while religious studies was certainly needed, it should be taught at home, religious schools or places of worship. He called on schools to instead focus on subjects such as science, finance and coding skills, among others, saying that such skills were needed to “future proof” the country. “The schools of today must prepare for the future and focus on science, finance, humanities, ethics alongside coding skills, programming and the Internet of Everything (IoE),” Leiking said in a Facebook post. IoE – which is described as the intelligent connection of people, process, data and things – is an expansion of the Internet of Things or IoT. - More -   PAS, Bersatu reaffirm pact for Johor polls Posted by: superadmin - 01-29-2022, 05:06 PM - Forum: Politics - No Replies PETALING JAYA: PAS and Bersatu today announced that they will contest the Johor polls under the Perikatan Nasional (PN) banner. The two main PN component parties issued a pledge announcing their renewed vow to work together. The move also comes amid strained ties between PAS and Umno. The one-page pledge was shared by PN chairman Muhyiddin Yassin’s aide with the press. At a press conference later, Muhyiddin said the accord struck between PAS and Bersatu was historic as it determined the political direction both parties would be taking. He said PN will use the same strategy as it did in Melaka in fielding candidates for the upcoming Johor polls. - More -   Xi's view on civilization sheds light on shared future Posted by: superadmin - 01-29-2022, 02:47 PM - Forum: Politics - No Replies BEIJING, Jan. 28 (Xinhua) -- With one week to go, athletes from around the world will gather at the Beijing 2022 Winter Olympics under the motto "Together for a Shared Future." As the Beijing 2022 organizers explained, "Together" depicts how mankind stays strong when facing adversity and points out the solution to overcome those difficulties and create a better future, while "for a Shared Future" embodies a vision for a better life and conveys hope and confidence. The motto echoes the concept of building a community with a shared future for mankind. "Instead of riding separately in some 190 small boats, countries around the world should stay together in one giant ship and sail toward a brighter future, and this is why we came up with 'Together for a Shared Future' as the official motto for Beijing 2022," Chinese President Xi Jinping said when meeting International Olympic Committee chief Thomas Bach in Beijing on Tuesday. China will make new and greater contributions to the Olympic Movement and promote the building of a community with a shared future for mankind, Xi said. As athletes with various cultural backgrounds come to Beijing for competition and exchanges in ice and snow sports, they also participate in the event to show solidarity. Mankind is in an era of major development as well as profound transformation and change, and is also in an era of numerous challenges and increasing risks. Unity, cooperation, and dialogue clamor in the face of global challenges, particularly COVID-19 claiming millions of lives across the globe. Official figures show China has provided more than 2 billion doses of COVID vaccines to over 120 countries and international organizations as of Dec. 26, 2021, becoming the biggest provider of outbound vaccines among all nations. - More -   Paul Krugman says crypto has ‘disturbing’ parallels with subprime mortgage meltdown Posted by: superadmin - 01-29-2022, 02:30 PM - Forum: Business, Economy and Investment - No Replies Nobel laureate Paul Krugman says crypto has ‘disturbing’ parallels with subprime mortgage meltdown “There are disturbing echoes of the subprime crash” in the cryptocurrency market, Nobel Prize-winning economist Paul Krugman says. Krugman argues crypto investors are being sold speculative financial products without truly understanding the risks involved. Bitcoin and other digital currencies have dropped sharply in recent weeks. Nobel Prize-winning economist Paul Krugman has given an ominous warning about the volatile cryptocurrency market, comparing it to the subprime mortgage crisis of the late 2000s. In an opinion piece for The New York Times on Thursday, Krugman said he’s “seeing uncomfortable parallels” between crypto and the U.S. subprime crash, which brought the whole housing market to its knees and triggered the 2007-2008 global financial crisis. “There are disturbing echoes of the subprime crash 15 years ago,” Krugman says in the piece. - More - Pages (1268): « Previous 1 … 835 836 837 838 839 … 1268 Next » Jump to page: