1MDB racked up borrowings of over RM38bn: Report
The spotlight continues to shine on 1MDB and its operations, as its rapid build-up of debt raises eyebrows: it reportedly has US$12bn in borrowings – although some argue that these are backed by assets of RM38bn.
Disappointing results for Lynas Corp
Lynas reportedly sold its rare earths for the equivalent of a little over A$5/kg compared to production costs of almost $20/kg, earning just $600,000 on the back of sluggish market prices.
Look at this share price chart for Lynas Corp (listed on the Australian Stock Exchange):
Najib, Abdullah, Mahathir – are we missing something?
So much time has been spent discussion the legacy of the three premiers we have had since 1981. But in many ways, it is a pointless exercise, especially when it comes to discussing Najib and Abdullah.
Selamat Hari Raya
Raya greetings to all readers and maaf zahir dan batin, i.e. forgive my wrongdoings. Hope you all have a lovely break with family and friends. And let’s hope that the coming year will see our land and its people blessed with more justice, peace, compassion, wisdom and enlightenment.
Squash in 2020 Olympics campaign gains momentum
The game of squash is making a strong bid for inclusion in the 2020 Olympic Games.
The campaign has received a boost from Penang, the home state of seven-time world champion and world number one Nicol David and world number six Low Wee Wern.
Dubious voters in Zimbabwe’s electoral rolls
Now, where have I come across this before…
Penang state ExCo’s asset disclosures
Something for the BN politicians to emulate. That will be the day!
These are the asset disclosures for the Penang state ExCo members.
Retrenched workers take over Chicago factory, fire boss
Find out what happened when owners of Republic Windows and Doors factory shut down the plant and fired its workers.
Penang tries shared bicycle lanes
The Penang state government has introduced 90cm-wide shared bicycle lanes in the Tanjung Bunga area for the public to try out and provide feedback.
Bukit Relau/Botak Hill: CAP issues statement
The Consumers Association of Penang has issued a statement on the illegal hill-top clearing at Bukit Relau.
The statement can be found on the CAP website.
‘No McDonald’s in Tecoma’ protest: A resident speaks
Blog visitor Sharon, a Tecoma resident, speaks about the campaign:
It’s great that the “NO Maccas in Tecoma” campaign has gone international. Tecoma is a small town in the Dandenong Ranges and although it is not far from major suburban areas near Melbourne, it still possesses that quiet, small town atmosphere.
What’s happening at ‘sore thumb’ in Tanjung Bunga?
I thought rivers and the sea front are public property. So what is going on here?
Aussie police move in on Tecoma McDonald’s protest
Australian police moved in at dawn today to remove a roof-top protester who had been camping at the top of a building slated for demolition to make way for a McDonald’s fast food outlet, which is opposed by the local community in Tecoma.
Zimbabwe opposition leader calls polls “fraudulent and stolen”
Zimbabwe’s opposition leader Morgan Tsvangirai has claimed that the country’s recent presidential election was “fraudulent and stolen”.
Residents don’t want fast food outlet in Australian town
Residents of Tecoma, a town in Melbourne, are saying “No” to plans to build a 24-hour fast food restaurant near a school and a national park in their community, resulting in a stand-off.
In rare move, Pope Francis personally signs Aidil Fitri greetings
For the first time since 1991, a pope has personally sent an Aidil Fitri/Eid greeting to Muslims around the world.
What has happened to Penang’s Local Plans?
Not only don’t we have a gazetted local plan for Penang Island, the three regions of mainland Penang too are without their respective gazetted plans.
Why Fitch Ratings revised Malaysia’s outlook to negative
Why did Fitch Ratings revise Malaysia’s outlook to negative (though it reaffirmed long-term foreign and local currency issuer default ratings at ‘A-‘ and ‘A’, respectively)?