As a parent of young children, I find myself occasionally (ahem, okay, quite often) blurting out “threats” when my children refuse to listen. A common refrain is this: “Don’t lie to me. Mummy knows, Mummy always knows.”

At this point in their little lives, as creative as they can get wi...

Coffee Break: The taxman always knows

YNH Property Bhd’s announcement on the sale of a piece of land in Kuala Lumpur on May 16 has raised more than a few eyebrows and even prompted two rounds of very targeted questioning by the stock exchange regulator Bursa Malaysia.

In the second batch of queries that was announced last T...

Frankly Speaking: A lesson learnt for YNH

The appointment of three new directors to the board of Bahvest Resources Bhd is an indication that the boardroom fight is over.

Yet, the problems for minority shareholders of the company, which has interests in the mining of gold in Sabah, are far from over.

In an announcement...

Frankly Speaking: More turmoil in Bahvest

Everyone makes mistakes, but a mistake that is repeated is no longer a mistake. It is a choice that one makes and the outcome will likely be no different.

The government has upsized the budget for the controversial littoral combat ship (LCS) project to RM11.2 billion from RM9.2 billion....

Frankly Speaking: Bigger budget, smaller deal, same contractor

Extraordinary demand for Coldplay and Jacky Cheung concert tickets recently provided golden opportunities for scalpers. According to reports, Coldplay tickets were being resold for up to RM43,000, with a fan said to be ready to even shell out RM111,111 for a concert ticket.

The brouhaha...

Frankly Speaking: We don’t need new laws; just fix the system

The Ministry of Home Affairs raided numerous Swatch stores in Malaysia over three days in May, seizing more than 170 rainbow-coloured timepieces under the Swiss watchmaker’s Pride Collection because of their alleged LGBT connotations. The watches were seized using the Printing Presses and Publica...

Frankly Speaking: Seizure of Swatch’s rainbow watches is ridiculous

Is American politics so dysfunctional that the US government can’t even pay its bills on time? That is the central question behind the latest debt ceiling drama playing out in Washington, DC. So far, efforts to increase the country’s borrowing limit suggest that the answer could very well be yes....

The Policy Puzzle: Debt and dysfunction in America

As we move towards the next milestone of advancement for humanity and the future of global development, the role and impact of higher education and universities have never been more profound, and the stakes for tertiary institutions have never been higher.

With rising global challenges,...

My Say: Reimagining the journey of excellence in higher education

Turkish voters will head to the polls on May 28, 2023, for the second time in the month — this time facing a choice between a winnowed field of two candidates, each of whom is vowing to take the country in a very different direction.

Turkey's presidential runoff: Four essential reads on what's at stake

When it comes to retirement, it is first about setting your retirement goals. And then it is about coming up with a sound and prudent savings programme that helps you achieve those goals. In Malaysia, we are lucky to have a national social security savings system, also known as the Employees Prov...

My Say: Much ado about EPF: Proposals for fixing the retirement crisis

The advent of Artificial Intelligence (AI) has been deemed a menace to some due to its potential repercussions for employment.

Malaysia's unemployment rate is projected to stand at 3.8% in 2023. However, this figure might rise in the future due to the advent of AI, as a report by investment bank Goldman Sachs says that as many as 300 million full-time jobs will be replaced by AI in the future.

Prepare for future job losses due to AI

Seems unbelievable? Well, this issue is a complex interplay of three main factors: the number of foreign workers in Malaysia, the amount of wages paid to them and how much the average foreign worker wants to repatriate. This is where it gets horribly complex.

The International Monetary ...

My Say: When minimum wages go up, outward remittances go up

De-dollarising seems to be in vogue these days. China, Russia and their BRICS (Brazil, Russia, India, China and South Africa) partners may have initiated the narrative but the desire to remove or at least reduce the US dollar’s hegemony has spread. Many nations, including Malaysia, have openly ar...

My Say: Regional currency arrangements come with huge challenges

After a year of high inflation and high interest rates, the pinch has set in. This week, the US’ consumer bellwether stock Home Depot Inc reported that first-quarter sales declined 4.5% year on year and forecast that its full-year sales for 2023 would be 2% to 5% lower. The company attributed thi...

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