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Reveal cost of office renovations for entire Cabinet, says MP Posted by: superadmin - 09-28-2021, 04:19 PM - Forum: Politics - No Replies PETALING JAYA: An opposition MP has urged Prime Minister Ismail Sabri Yaakob to list out the cost of office renovations for all ministers and deputy ministers, not just those in the prime minister’s department. This comes after Ismail noted in a written reply last week that a total of RM1,073,580 was spent on renovations and furnitures for the offices of ministers and deputy ministers at the prime minister’s department over the past two years . At a press conference in the Dewan Rakyat today, Segambut MP Hannah Yeoh said the reply was not good enough as Ismail had provided a list of only three sets of expenditure on the office renovations. - More -   Anwar questions RM2bil for foreign consultants to draw up 12MP Posted by: superadmin - 09-28-2021, 04:13 PM - Forum: Politics - Replies (1) KUALA LUMPUR: Opposition leader Anwar Ibrahim claims more than RM2 billion was spent by the government on foreign consultants to help prepare the 12th Malaysia Plan (12MP) document, which was tabled by the government yesterday in the Dewan Rakyat. He said the allocation should have instead been given to experts inside the country to conduct the necessary studies, particularly those related to poverty, in preparing the document. The Port Dickson MP believes the expertise needed to manage the country’s economy could be found among locals who better understand the country’s situation. “I am confident that studies and planning in the country can be handled by local experts because they understand the problems (we face) better. They can understand the problems of poverty and inequality in this country, not foreign consultants,” he said when debating the 12MP in the Dewan Rakyat today.. - More -   Santhara sues Batu MP for defamation Posted by: superadmin - 09-28-2021, 10:38 AM - Forum: Politics - No Replies KUALA LUMPUR – Segamat MP Datuk Seri Santhara Kumar Ramanaidu has filed a suit against Batu MP P. Prabakaran for allegedly uttering defamatory words in connection with the former deputy Federal Territories minister’s visit to New Zealand. Santhara Kumar, 50, filed the suit at the high court here through Messrs N. Krishnan Nair & Co on June 23, naming Prabakaran, 25, as the sole defendant. Based on the statement of claim, the plaintiff said the defendant held a press conference outside the New Zealand high commission on March 17, between 9.30am and 2pm, in which the latter issued untrue and false information on the plaintiff’s responsibilities as deputy minister. The plaintiff said the defendant or his representative submitted a memorandum to the New Zealand high commission criticising the approval and permission given to the plaintiff to visit New Zealand, and that the defendant also contacted officials at the embassy to find out personal information on the plaintiff’s permission to enter the country. - More -   High-income status meaningless if inequality persists, say economists Posted by: superadmin - 09-28-2021, 10:29 AM - Forum: Business. Economy and Investment - No Replies PETALING JAYA: The government must not be fixated on high-income status and boosting average household earnings, economists say, as these metrics do not account for inequalities or the standard of living. Becoming a high-income nation, which as of 2020 required a country’s gross national income (GNI) per capita to exceed US$12,535 (RM52,490), does not necessarily mean the people have more money or are happier, they added, in response to Prime Minister Ismail Sabri Yaakob’s tabling of the 12th Malaysia Plan (12MP) in Parliament yesterday. In his speech, Ismail said the country was aiming to exceed the GNI per capita threshold in the next five years, and for the national household income to rise above RM10,000. - More -   We need to revive the ‘old Umno’ from ‘coma’, says Ku Li Posted by: superadmin - 09-28-2021, 10:26 AM - Forum: Politics - No Replies PETALING JAYA: The best way to restore the original spirit of Umno is to revive the “old Umno”, which is still in a “coma”, Tengku Razaleigh Hamzah said. He added that the “old Umno”, which was banned by the Registrar of Societies (RoS) in 1988 during Dr Mahathir Mohamad’s first tenure as prime minister, could not have been deregistered as the RoS had no authority to do so. “The ‘old Umno’ which represented three million powerful members in the country since its independence, did not commit any offence that would have caused it to be banned,” he said in an interview titled “Umno is in a coma” with Malaysia Gazette last night. The Gua Musang MP, who is also known as Ku Li, also took a swipe at the party leadership, saying their behaviour is one of the reasons for the need to revive the “old Umno”. “The current behaviour of the Umno leadership is not liked by many quarters including our members. Therefore, this step should be taken as there is no other option to strengthen the party. - More -   Ford and SK Innovation to spend $11 billion, create 11,000 jobs on new U.S. EV Posted by: superadmin - 09-28-2021, 10:14 AM - Forum: Business, Economy and Investment - No Replies Ford and SK Innovation to spend $11 billion, create 11,000 jobs on new U.S. EV and battery plants The investment includes two lithium-ion battery plants in central Kentucky and a 3,600-acre campus in west Tennessee called Blue Oval City. The plans bolster President Joe Biden’s call for companies to onshore supply chains amid a global shortage of semiconductor chips that has disrupted several industries, including automotive. DETROIT – Ford Motor and battery supplier SK Innovation plan to invest more than $11.4 billion in new U.S. facilities that will create nearly 11,000 jobs to produce electric vehicles and batteries. Ford is building twin lithium-ion battery plants in central Kentucky through a joint venture with South Korea-based SK called BlueOvalSK as well as a massive 3,600-acre campus in west Tennessee, the automaker said Monday night. The campus will include another a battery plant built with SK along with a supplier park, recycling center and a new assembly plant for electric F-Series trucks, Ford CEO Jim Farley told CNBC. The plans are the latest of Ford’s to increase development and production of electric vehicles — including batteries — under Farley, who began leading the automaker a year ago this week. They also bolster President Joe Biden’s call for companies to onshore supply chains amid a global shortage of semiconductor chips that has disrupted several industries, including automotive. - More -   Senate GOP blocks bill that would fund government and suspend debt limit Posted by: superadmin - 09-28-2021, 10:08 AM - Forum: Politics - No Replies Senate GOP blocks bill that would fund government and suspend debt limit, as time runs short to avoid shutdown and default Senate Republicans blocked a House-passed bill that would prevent a government shutdown and a potential default on U.S. debt. Lawmakers have to pass an appropriations bill by Thursday to avoid a shutdown, and need to suspend or increase the debt limit sometime in the coming weeks to prevent a default. Democrats may be forced to suspend the debt limit on their own, potentially as part of their up to $3.5 trillion budget reconciliation bill. Congress is running out of time to prevent a shutdown and a default. Senate Republicans on Monday blocked a bill that would fund the government and suspend the U.S. debt ceiling, leaving Democrats scrambling to avoid a possible economic calamity. The House-passed legislation would have funded the government into December and suspended the U.S. debt ceiling into December of next year, after the midterm congressional elections. Lawmakers need to approve government funding before Friday to avoid a shutdown. The U.S. risks default if Congress doesn’t raise the debt ceiling by a point that is likely to come in October, according to the Treasury Department. After every House Republican opposed the measure, the Senate GOP also refused to help Democrats suspend the debt limit. In a 48-50 vote, all Republican senators opposed advancing the legislation. Senate Majority Leader Chuck Schumer, D-N.Y., voted no as a procedural move so he can bring up the bill again later. Democrats now have to pull off a daunting series of maneuvers to avoid a sequence of events that could ravage the economy and cost millions of Americans their jobs. The Republican opposition may force them to pass a short-term funding bill with GOP support, then approve a debt limit suspension on their own — potentially as part of their up to $3.5 trillion budget reconciliation plan. “The Republican Party has solidified itself as the party of default, and it will be the American people who pay the price,” Schumer said after the vote. - More -   Chinese vice-president told old friend from US about Communist Party’s legitimacy Posted by: superadmin - 09-28-2021, 09:35 AM - Forum: Politics - No Replies Exclusive | What Chinese vice-president told old friend from US about Communist Party’s legitimacy John Thornton, one of few to maintain access to some of China’s most powerful officials, met Wang Qishan early this year The Wall Street executive has no government role, but bridges the US-China divide like Henry Kissinger in 1971, source says In late January, soon after Joe Biden  entered the White House, Chinese Vice-President Wang Qishan  had a long conversation with an American guest in Beijing. John Thornton  , a Wall Street veteran who had previously headed Goldman Sachs, is an old friend who had known Wang, President Xi Jinping’s right-hand man, when he was still a mid-level official in the 1990s. The pair steered their conversation far beyond day-to-day politics and talked about Chinese and American history, the clash of civilisations and one of the most sensitive topics surrounding the two countries’ relations: the legitimacy of the ruling Chinese Communist Party. Thornton, now the executive chairman of Barrick Gold, relayed the message of the new US administration’s priorities: fighting the pandemic, reviving the economy and reuniting a divided America. He said the personal ties between Xi and Biden could help repair relations, and that there was space for the two nations to sit down and discuss trade. - More -   Sudirman Cup: Zii Jia leads Malaysia to victory against England Posted by: superadmin - 09-28-2021, 09:24 AM - Forum: Badminton - No Replies KUALA LUMPUR – Malaysia got their 2021 Sudirman Cup Group D campaign off to a winning start by edging England 3-2 at Vantaa, Finland, today. World number 27 mixed doubles pair Hoo Pang Ron-Cheah Yee See gave Malaysia the perfect start when they stunned England’s world number seven duo of Marcus Ellis-Lauren Smith 21-19, 21-18 at the Energie Areena. Inspired, team captain Lee Zii Jia then made it 2-0 for Malaysia when he brushed aside Johniee Torjussen 21-4, 21-15 in just 28 minutes in men’s singles. Tokyo Olympics men’s doubles bronze medallists Aaron Chia-Soh Wooi Yik then delivered the winning point, but not before being put through the wringer by Ben Lane-Sean Vendy. The world number eight Malaysians struggled to cope with the fast-paced display of Lane-Vendy but, somehow, managed to find extra gear to eke out a 22-20, 21-18 win. - More -   Rave reviews for 12MP, but Ismail Sabri’s Bumi focus splits opinions Posted by: superadmin - 09-28-2021, 09:16 AM - Forum: Politics - No Replies KUALA LUMPUR – The 12th Malaysia Plan (12MP) tabled by Prime Minister Datuk Seri Ismail Sabri Yaakob has received rave reviews from political observers, but his Bumi-centric policies have split opinions.  While one analyst poured scorn on Ismail Sabri’s focus on giving aid along racial lines, another said the move to assist Bumiputeras is necessary considering that the group makes up the majority of those in the B40 income bracket. Speaking to The Vibes, Universiti Malaya’s Prof Awang Azman Awang Pawi said Bumiputeras continue to be left behind economically compared with their non-Bumi peers, hence, they require more attention. He warned that should the government ignore Bumiputeras’ plights, it could lead to a wider income gap between the two groups, and noted that the community has a corporate equity ownership of only 17% today. Despite the empowerment of Bumiputeras, he said, Ismail Sabri has not left out aid policies for poor Malaysians of other races. - More - Pages (1167): « Previous 1 … 868 869 870 871 872 … 1167 Next » Jump to page: