Economist advises learning from SVB collapse
KUCHING: As the global technology industry struggles with the aftermath of the Silicon Valley bank’s downfall, an economist is urging Malaysia to learn from this cautionary tale and re-evaluate its monetary policy. Centre for Market Education (CME) economist Carmelo Ferlito said that during the lockdowns, political and monetary authorities worldwide, including Malaysia, adopted expansive policies […]
Chronology of Sabah elections
Leaders set high standards. Refuse to tolerate mediocrity or poor performance. — Brian Tracy, motivational public speaker Congratulations to Sabah’s Gabungan Rakyat Sabah (GRS) for masterminding the downfall of the Warisan in another episode of Sabah’s long political journey.Veteran Datuk Dr Jeffrey Kitingan, whom I know well, said former Sabah chief minister and Warisan leader […]
Ringgit on downtrend against US dollar
KUALA LUMPUR: The ringgit will likely extend its downward momentum against the US dollar next week as the weaker external environment amid heightened concerns over the Covid-19 outbreak will curb investors risk appetite, dealers said. A dealer said the ringgit would likely move in a tight range of between 4.1650 and 4.1850, and the downside to below 4.20 is not seen for […]
How Mahathir lost the plot
By A. ANANTHALAKSHMI, LIZ LEE & KRISHNA DAS In May 2018, Tun Dr Mahathir Mohamad was in the grand ballroom of a Sheraton hotel near Kuala Lumpur, jubilantly announcing his return as prime minister after defeating an alliance that had run the country for 60 years. Less than two years later, the coalition assembled by […]
