Day: November 26, 2021

YOURSAY | ‘What can we expect others to do what he hasn’t done?’ COMMENT | Who after Anwar? Kim Quek: A superbly articulated article by former minister Zaid Ibrahim about who can replace Anwar Ibrahim as the leader of Pakatan Harapan and the leader of PKR after the Malacca state election, which if widely disseminated and resonated by the Malay masses, could save the country from falling into the kleptocratic clutch of Umno again. And PKR president Anwar Ibrahim unquestionably remains the ideal democracy icon to lead the reform movement spearheaded by Pakatan Harapan to counter the revival of t… Continue reading “YOURSAY | Who can hold the candle to Anwar?”

Leaders in the Malaysian state of Sabah on the island of Borneo have begun to share more about a murky arrangement in which the rights to carbon and other ecosystem services from the state’s forests were sold to a foreign company. On Oct. 30, state authorities signed a “nature conservation agreement” with a Singaporean firm, Hoch Standard Pte. Ltd., and involving an Australian management consultancy called Tierra Australia. The deal ostensibly gave Hoch Standard the right to sell credits for carbon and other natural capital, such as clean water, from “over 2 million hectares (4.9 million acres… Continue reading “Details emerge around closed-door carbon deal in Malaysian Borneo”

Merger details emerge CP, Telenor to each hold 33.1% stakes The new company that will be formed through the merger of True Corporation Plc and Total Access Communication (DTAC) Plc will have a 33.1% stake equally held by Charoen Pokphand (CP) Group and Norway’s Telenor, according to an analyst with knowledge of the deal. A 10.1% stake will be held by China Mobile and the rest by individual shareholders. CP and Telenor are the parent firms of True and DTAC, respectively. CP and Telenor announced on Monday they would enter into an equal partnership to explore ways to establish a new tech company… Continue reading “Merger details emerge”

YOURSAY | ‘This is a country where the majority tolerates graft…’. Biggest winners and losers in Malacca polls Vijay47: To ardent Pakatan Harapan supporters like me, the huge win by Umno and its cohorts is not only disheartening but distasteful – imagine, a leadership-duo like Ahmad Zahid Hamidi and Najib Abdul Razak could actually be welcomed with open arms. Yet, I can lament all I want, the fact remains that Malacca chose Umno. What does the win by MCA and MIC promise? That they will continue their servile adulation of their masters unmindful of unimaginable corruption, gross 51 percent inju… Continue reading “YOURSAY | Malacca has spoken, biggest losers are the rakyat”

KUALA LUMPUR, NNA – Japanese trader Sumitomo Corp. and Tokyo Gas Co. have agreed with Malaysia’s national oil company Petronas to conduct a feasibility study on a project to produce carbon-neutral methane in the Southeast Asian country for use in Japan. The project calls for carbon-neutral methane to be produced in Malaysia by methanation, a process of synthesizing “green hydrogen” made from renewable energy with carbon dioxide, and for methane to be used as a major component of city gas in Japan, according to the trio’s announcement Thursday. Although CO2 is emitted when methane is combusted,… Continue reading “Sumitomo, Tokyo Gas team with Petronas on carbon-neutral methane project”