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On logo issue, PKR opts to shoot itself in the foot Posted by: superadmin - 01-28-2022, 09:44 AM - Forum: Politics - No Replies From Terence Netto PKR are opting to contest under their own logo going into the Johor polls. Their coalition partners, DAP and Amanah, are sticking by the Pakatan Harapan logo. This is wise and contrasts with the PKR decision which is myopic. The PKR choice prioritises sentiment above long-term strategy and flies in the face of the call for opposition unity by their supremo Anwar Ibrahim. PKR announced which logo they will use days after Anwar himself had called on all opposition parties to unite under the “Big Tent” concept to face the Johor polls. The call for unity was sensible, given the crowded field of opposition parties and the necessity to keep a confident Umno-BN from a decisive victory. - More -   Why approve RM2.51 bil in guarantee-free loans to Genting HK? Anwar asks Posted by: superadmin - 01-27-2022, 06:31 PM - Forum: Business. Economy and Investment - Replies (9) KUALA LUMPUR – Opposition leader Datuk Seri Anwar Ibrahim has taken Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz to task, demanding the latter explain why loans amounting to RM2.51 billion were granted to the now-insolvent Genting Hong Kong (HK). The PKR president, in a statement, questioned the approval of such large loans from Malayan Banking Bhd, CIMB Group, and RHB Bank Bhd to the embattled Hong Kong-based firm, and why the loans were given without any binding guarantees. Anwar demanded Tengku Zafrul to come forward to explain the discrepancies, especially considering how national assets like Permodalan Nasional Bhd, Khazanah Nasional Bhd, and the Employees’ Provident Fund happen to be the majority investors in the three banks. “How were the loans, with no guarantees, given so easily to a gambling company? “Even though the company is registered in Hong Kong, the owners are Malaysian businessmen who should have, at least, given a personal guarantee or from the reserves within companies owned by them in Malaysia. “The finance minister is urged to explain how the RM2.51 billion in loans will be honoured by Genting HK, who are now insolvent,” Anwar said in the statement. - More -   We would prefer all to use PH logo, say Mat Sabu, Guan Eng Posted by: superadmin - 01-27-2022, 02:50 PM - Forum: Politics - No Replies PETALING JAYA: Pakatan Harapan component parties Amanah and DAP say they would have preferred if all partners used the PH logo for the upcoming Johor elections, after PKR decided it would use its own flag for the polls. However, Amanah president Mohamad Sabu and DAP secretary-general Lim Guan Eng said they respected their ally’s position. In a joint statement, they said their parties would continue to use the PH logo to show they were committed to the aspiration of governing as a coalition. “As a coalition, Amanah and DAP would prefer all PH allies to unite under the same symbol with a common purpose and a shared political agenda,” they said. “Both Amanah and DAP are of the opinion that political allies and coalition partners stay together in good times and bad times.” - More -   PKR, Amanah to contest 20 seats each, DAP 16 in Johor Posted by: superadmin - 01-27-2022, 02:46 PM - Forum: Politics - No Replies PETALING JAYA: PKR and Amanah will each contest in 20 seats while DAP will contest in 16 seats in the upcoming Johor elections. Amanah president Mohamad Sabu said the decision on the seat distribution was finalised yesterday. However, he said, the choice of the candidates was in the final stage of discussions. “After this, the three parties will discuss again to finalise the distribution with other parties that want to contest with Pakatan Harapan, including Muda, Pejuang and Warisan,” Harian Metro quoted him as saying in Permas Jaya, Johor, today. Mohamad said Johor PH would make the official announcement when all matters had been finalised. He said PKR and Amanah would contest in seats with a mixed racial composition, while DAP would focus on the urban areas. - More -   Intel sales hit record US$79 bil on chip demand as shortage lingers Posted by: superadmin - 01-27-2022, 11:33 AM - Forum: Business, Economy and Investment - No Replies SAN FRANCISCO – Intel yesterday said 2021 was a record year for sales at the chip maker as it navigated unprecedented demand and supply chain constraints. The United States-based firm also saw costs rise and margins shrink as it shifted to a more sophisticated line of semiconductors, analysts noted. “The fourth quarter represented a great finish to a great year,” said Intel chief executive Pat Gelsinger. Intel revenue for last year tallied US$79 billion (RM332 billion), some US$20.5 billion of which it took in during the final three months, according to its earnings report. Profit in the quarter was US$4.6 billion, however, in a 21% decrease from the same period a year earlier. Profit for 2021 totaled $19.9 billion, about 5% less than the net income in the prior year. Last year was marked by “unprecedented demand tempered by supply chain constraints” that are expected to continue through into next year, Gelsinger said during an earnings call. A global computer chip shortage has afflicted a broad array of industries from smartphones and laptops to cars and home appliances. US chip giant Intel finds itself at the heart of this phenomenon, benefiting from heightened demand but facing challenges producing ever more sophisticated semiconductors driving modern devices. - More -   How to win the Malay vote – Nik Nazmi Nik Ahmad Posted by: superadmin - 01-27-2022, 11:23 AM - Forum: Politics - No Replies HOW can PKR win the Malay vote – said to be a key weakness of ours – especially with the Undi18 reforms kicking in? First, we must understand where the community is at this moment politically. Today, most Malays realise the flaws and failures of the Ketuanan Melayu and Negara Islam ideologies championed by Umno (as well as Bersatu) and PAS respectively. They realise that these parties do not pursue radically different policies when in power, as opposed to their rhetoric in opposition. Today Umno and PAS become mute on issues like the death of Muhammad Adib Mohd Kassim or the Buy Muslim First campaign that raged during the Pakatan Harapan (PH) era. There has been no closure to the Adib case. The economic problems of the Muslims and Bumiputera remain the same. The only difference is that where Umno and PAS leaders used to be in opposition, today they are ministers or directors of government-linked companies (GLCs). The Ketuanan Melayu ideology still operates on the assumption that the Malay people are a poor, rural community. However, the fact is that today, most Malays live in urban areas. Indeed, Malaysia’s urban population is now majority Bumiputera. The New Economic Policy (NEP) has created a Malay middle-class, although most of the B40s are still Malay and Bumiputera. - More -   Zaid sees broken institutions as real cause of graft Posted by: superadmin - 01-27-2022, 11:02 AM - Forum: Politics - No Replies PETALING JAYA: Former law minister Zaid Ibrahim has called for recognition that “broken public institutions” must be repaired to give meaning to the fight against corruption. “Our public institutions are corrupt,” he said, adding that it would not do enough good to just punish tainted individuals. He was commenting on former chief justice Abdul Hamid Mohamad’s call to Umno president Ahmad Zahid Hamidi and Barisan Nasional (BN) adviser Najib Razak to step down from their positions to clear BN of the taint of corruption linked to them. - More -   Umno will make its own decisions on Johor polls, PAS leader told Posted by: superadmin - 01-27-2022, 10:52 AM - Forum: Politics - No Replies PETALING JAYA: Umno information chief Shahril Hamdan has hit back at PAS Dewan Ulama committee member Mokhtar Senik over his claim that the party is power hungry for offering PAS just four seats in the upcoming Johor elections. Yesterday, Mokhtar said Umno seemed to forget the role PAS had played in earlier state elections in its eagerness to retain power without them. He said Umno should not seek to form a government without its Perikatan Nasional allies PAS and Bersatu. In response, Shahril said that while all were free to give their opinions, Umno would make its own decisions in accordance with the views of its supreme council. “But succumbing to pressure from external parties, not at all,” he declared in a Facebook post. - More -   Parties eyeing Penang because DAP losing support, says analyst Posted by: superadmin - 01-27-2022, 10:36 AM - Forum: Politics - No Replies GEORGE TOWN: Several parties, including two lesser-known ones, are eyeing Penang because DAP is losing favour among its supporters, an analyst said. James Chin of University of Tasmania said the discontent was not just in Penang but throughout the country as shown by the party’s losses in the Melaka and Sarawak elections. One of the reasons why the party’s Chinese supporters were unhappy was the non-recognition of the United Examinations Certificate (UEC) – a school-leaving examination for Chinese-medium high schools – even when Pakatan Harapan, of which DAP is a member, was in federal power. Chin said the other frustration was their unhappiness with former prime minister Dr Mahathir Mohamad over policies affecting the community. He said DAP’s insistence on supporting Mahathir had further eroded its support base. - More -   PKR using own logo tells of a ‘disintegrating’ PH, says analyst Posted by: superadmin - 01-27-2022, 10:20 AM - Forum: Politics - No Replies PETALING JAYA: Pakatan Harapan’s decision to let PKR use its own logo in the upcoming Johor elections – while Amanah and DAP contest under the PH banner – is a sign of a “disintegrating coalition”, according to a political analyst. Oh Ei Sun of the Singapore Institute of International Affairs said the decision spoke volumes about disunity in PH, especially after the coalition’s heavy loss in the Melaka polls in November. PH won only five of the 28 seats up for grabs in Melaka, where it contested under the coalition’s banner, with. DAP winning four, Amanah one and PKR none. Oh said he expected DAP and Amanah to be disappointed in PKR president Anwar Ibrahim for the decision on the use of party logos, since the two components looked to him as a uniting factor as the PH chairman, but the issue was being raised by his own party. - More - Pages (1320): « Previous 1 … 907 908 909 910 911 … 1320 Next » Jump to page: