Property market could crash within 24-30 months: Buyers having no purchasing power Yet another person is now telling a different version of the great economic boom story. This time it is real estate veteran Ernest Cheong who said that Malaysians do not have the financial capacity to own homes with some failing to even pay their monthly instalments. “This could lead to
Netherlands to assist Penang in tackling flood problems with risk reduction team The Netherlands will deploy a Dutch Risk Reduction Team (DRR) to Malaysia to assist the state of Penang with recommendations on flood prevention. The Netherlands is internationally recognized for its expertise in the field of flood prevention. H.E. Sigrid Kaag, the minister for Foreign Trade and Development Cooperation of
Millions behind you, Mahathir, says netizens after palace withdraws title Supporters of the Bersatu party, the party of Mahathir Mohamad former PM of Malaysia and now leader of the opposition, has rallied behind the elderly statesman after the Kelantan palace revoked a title handed to the former PM years ago. The title, the Darjah Kerabat Al-Yunusi (DK) title was gifted
Indonesia's PT Semen Jawa works with health department to support students as 'Sanitary Health Ambassadors' Sukabumi, Feb 9, – PT Semen Jawa, as a subsidiary of SCG with 3 business units, cement-building materials, chemicals, and packaging, held a Health Ambassador drive at Pondok Pesantren (Ponpes) Al-Istiqomah, Sukabumi, West Java. The event was in collaboration with the Sukabumi District Health Office, and invited the students to gain
Najib spooked by close electoral race says portal A defeat for Najib Razak and his party would almost certainly expose what has until now remained under cover on 1MDB, said Finews.asia. The portal said such a prospect has spooked the Malaysian PM and the ruling party the Barisan Nasional (BN). “The PM and his ruling party appear
The increasing role of religion in Politics: Trump is God send says White House religious adviser! Last year, WFTV started a series of stories based on the end-of-the-world scenario, which is hotly debated in the U.S.A. On the onset of this series, we decided to highlight the increasing role played by religious figures and other religion based elements in the United States or in
Polygamy video shows Malay women proud to be second or third wife A polygamy video shows Malay women talking about their choice, accompanied by their husband and the first or second wives. The brief video of unknown origin is circulating on Whatsapp in Malaysia. The language spoken in the video sounds pretty much like Bahasa Malaysia, and the buildings show in the
Heat is on: IF US$280m to Mauritius did not go through Swiss banks, then who is behind this? In an inquiry to the Swiss Attorney General’s office, WFTV was told the Swiss authorities had no ‘current’ interest in looking into the US$280 million that were pocketed by Mauritian and foreign citizens last year. “The Office of the Attorney General of Switzerland is currently not concerned with
Singapore has supremacy in the state of e-commerce in Southeast Asia Malaysia is on par with Singapore with 74% share of mobile traffic and though Malaysia saw a steady increase from the past year, Singapore remains supreme in the state of eCommerce in the region. The Southeast Asian eCommerce scene is a mobile-first economy, leapfrogging all the Western economies when it
Maxis did well in 2017: Registered its highest profit after tax in four years KUALA LUMPUR, Feb 8 — Maxis Bhd did well last year, posting a revenue increase of RM8.69 billion and a pre-tax profit of RM2.89 billion for the financial year ended Dec 31, 2017. For the fourth quarter, Maxis posted a higher pre-tax profit of RM71 million compared with RM675
MPI Generali digital transformation brings positive disruption KUALA LUMPUR, 7 Feb – MPI Generali Insurance Berhad will see a significant advancement in its digital services and offerings with its current collaboration with tech solutions partner Kofax. Recently, MPI Generali signed an MOU with Kofax to adopt the latter’s Digital Process Automation (DPA) and Robotics Process Automation (RPA)
Cisco's Umbrella proactively stop threats before they happen: Dimension Data adopts the technology Malaysia, 7 Feb – Dimension Data, the USD 8 billion global technology integrator and managed services provider, said it extended the company’s protection from ransomware, phishing attacks, bot networks, and all types of malicious software, with Cisco Umbrella, the industry’s first Secure Internet Gateway (SIG) in the cloud. The
MH370: Search ship turns off automatic identification sparking riot on internet The MH370 story took another ugly turn after the search ship Seabed Constructor abruptly turned off its Automatic Identification System (AIS), sparking a riot on social media. The ship Seabed Constructor, the Norwaygian ship commissioned by the US based Ocean Infinity suddenly went “dark” on tracking websites not long after
Survey gives Najib edge over Mahathir: How will the Malaysian PM handle Mahathir as an opposition MP? A poll conducted last month showed a surprisingly close race is expected in Malaysia’s upcoming 14th General Elections (GE14). The poll was conducted by the University Malaya (UM). The poll said18 percent of voters want Mahathir, while 21 percent support Najib. It said the PM has curried favor with
Hibiscus Petroleum on track to drill first side-track well in Anasuria cluster Kuala Lumpur, 7 Feb, Hibiscus Petroleum Berhad (Hibiscus Petroleum) said yesterday that its jointly-controlled operating company, Anasuria Operating Company Limited (AOC) is on track to execute and complete the Guillemot A GUA-P2 side-track. The planned production enhancement project at the Anasuria Cluster concession off the U.K. North Sea will
Dulloo as MMM no 2 in future elections A talk show on Radio Plus yesterday has confirmed the MMM has plans to run in the next elections with Madan Dulloo as its deputy PM, while leader Paul Berenger will be the PM. The Berenger-Dulloo tandem is likely to get the support of foreign powers, an essential element in
Mydin boss on Malaysians having less spending money! At last, someone is speaking the truth: Mydin boss spills it out on Malaysians having little money to spend! Mydin managing director Datuk Ameer Ali Mydin said on BFM yesterday that Malaysians do not have enough money to spend on groceries. Mydin seems to be one of the businessmen who
Mauritius tourism gets boost after Maldives chaos: Honeymooners weary of political troubles Mauritius could get the most from Maldives state of emergency as tourists become weary of traveling to the politically charged nation. News reports are saying travel plans to the archipelago is in a state of hold, as people are going haywire after the state of emergency was declared. Couples are
Investors jittery over central banks rate hikes, causing market to fall Lukman Otunuga, Research Analyst at FXTM, said a sense of anxiety among investors over central banks raising interest rates faster than expected remains one of the likely culprits behind the global sell-off. In Asia, equities were a sea of red during early trade and the negative domino effect has already
Chaos in the newsroom: Newsweek next in line to fall? The firing of top editors, a long running battle with the authorities on the publications finances and questions over the business model could spell bound the fall of one of the world’s most famous media titles. Yesterday, CNN reported that editor-in-chief Bob Roe and executive editor Ken Li were
Seychelles undersea rocks falls into the oil window: Mauritius and Mahe to get their own oil soon? Will Mauritius and the Seychelles get their own oil explorations soon? The question is asked after Neil Hodgson, Geoscience’s evp said yesterday the company’s basin modeling puts the potential for oil in the Mascarene Plateau between Mauritius and the Seychelles. “Our basin modeling puts the potential Seychelles style
Is China really a business ally or a colonial bully? The question has been asked many times and with recent events in Sri Lanka, and the actions of some Chinese companies in Africa, it is now a pertinent one, China has started to conquer the world in its own way, by dishing out commercial projects across the globe. But some
MH370: Airline fans fight over sightings, argue over location but only Ocean Infinity will deliver! While the Ocean Infinity is deploying its submarines and drones in the arduous search for MH370, a debate was raging over Twitter between airline enthusiasts in Australia. Peter McMahon (@revnu5), 65, an Australian mechanical engineer who said he worked in crash investigations for over 10 years, is persistent over Twitter
AirAsia launches Malaysia's first airport facial recognition system SENAI, February 6 – AirAsia today unveiled its Fast Airport Clearance Experience System (FACES), Malaysia’s first airport facial recognition system with self-boarding gate, at Senai International Airport, Johor Bahru. It is the first airline in Asia to have a seamless travel experience from check-in to boarding with the latest biometric
New Delhi's shift in Mauritius policies due to fall in Hindu population? A survey conducted between Jan 14-15 by an Indian group in Mauritius delivered shocking results: It showed the Hindu population of Mauritius has thinned considerably! “The survey says the Hindus in Mauritius now forms part of the largest minority in the country. They do not have the 620,000 we
