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| Geely is spending $4.6 billion on a battery plant as its electric car ambitions grow |
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Posted by: superadmin - 03-16-2021, 06:31 PM - Forum: Business, Economy and Investment
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New Delhi (CNN Business)Geely will pour nearly $5 billion into building an electric battery plant in China, as the country's top privately-owned carmaker moves more aggressively to bolster its electric vehicle ambitions in the world's largest market.
The company will invest 30 billion yuan ($4.6 billion) into a battery factory in Ganzhou, a city in eastern China, according to a statement released Sunday by the local government. The factory will have a capacity of 42 gigawatt-hours per year, the statement said. That's similar in scale to the factories Germany's Volkswagen (VLKAF) said Monday it would build in Europe.
Geely confirmed in a statement on its WeChat account that it signed the agreement over the weekend. It added that it had already been working with Farasis Energy, a local battery company.
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| Four more MPs received ‘offers’ to jump, claims Anwar |
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Posted by: superadmin - 03-16-2021, 06:25 PM - Forum: Politics
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PETALING JAYA: PKR president Anwar Ibrahim has named four more of his party MPs who he said were offered money to quit and support Perikatan Nasional.
The four are Padang Serai MP M Karupaiya, Sungai Siput’s S Kesavan, Putatan’s Awang Husaini and Miri’s Michael Teo. Sekijang MP Natrah Ismail had earlier lodged a report with the Malaysian Anti Corruption Commission that she had been offered to switch sides.
Anwar said the four were offered money to switch sides, adding this was an abuse of power.
“Even after luring three or four of our MPs, they still don’t have a majority and they won’t have 106 MPs,” he claimed during a press conference at Eastin Hotel, today. The government needs 112 MPs to have a simple majority in the Dewan Rakyat.
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| MPs ask Putrajaya to drop appeal on High Court’s quashing of ‘Allah’ ban |
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Posted by: superadmin - 03-16-2021, 06:23 PM - Forum: Politics
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Sabahan, Sarawakian MPs ask Putrajaya to drop appeal on High Court’s quashing of ‘Allah’ ban, to end east Malaysians’ pain
KUALA LUMPUR, March 16 — A total of 53 federal and state lawmakers from Sabah and Sarawak have come together in a bipartisan effort to ask the federal government to discontinue its appeal against the High Court’s quashing of a decades-old government ban on the word “Allah” in Christian publications.
In a joint statement, the lawmakers also urged for a national reconciliation and for the government to let the High Court decision stand in order to see an end to the pain felt by the local Christian community — especially in Sabah and Sarawak — who mainly speak Bahasa Malaysia and their indigenous languages — languages which use the word “Allah” to refer to God.
“We call upon Prime Minister Muhyiddin Yassin to withdraw the Federal Government’s appeal against the High Court’s decision, so that the 35-year-old polemic and the pain felt by so many Sabahans, Sarawakians and Orang Asli may finally end. It would be a positive legacy for the prime minister.
“We call upon all political parties to not exploit the High Court’s decision for narrow political mileage. Let this be a closure for all and a step forward in national reconciliation so that we meet Allah’s plan that makes us different for us to know and love each other,” the lawmakers said in the statement.
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| Annuar pushes for 3-party cooperation, says can win 149 seats |
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Posted by: superadmin - 03-16-2021, 11:38 AM - Forum: Politics
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PUTRAJAYA: Former Barisan Nasional secretary-general Annuar Musa is continuing to push for Umno, PAS and PPBM to work together in the next general election, saying their alliance could see them win 149 seats.
In an interview with TV Pertiwi last night, Annuar said cooperation among the three Malay parties would also prevent three-cornered fights.
The federal territories minister also said he was confident that all issues and seat disputes among the three parties can be resolved by their respective presidents.
He said 149 of the 222 parliamentary seats in the country are Malay-majority areas.
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| Will Umno grassroots back a deal with PKR? |
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Posted by: superadmin - 03-16-2021, 11:35 AM - Forum: Politics
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PETALING JAYA: Talk of a new political alignment between Umno and PKR is being seen as proof that there are no permanent enemies in politics, while some political analysts believe Umno grassroot members may not accept such a union.
Political strategist Syed Arabi Idid said PKR leader Anwar Ibrahim has to overcome several public perceptions of him, following his claims in September last year of having majority support in the Dewan Rakyat and being able to form a government.
“People may think Anwar is making claims again, this time to stop MPs of his party from crossing to Perikatan Nasional.
However, if Anwar were to be seen with Umno president Ahmad Zahid Hamidi, then he could be viewed as having tangible support, says Syed Arabi.
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| Shunned by Umno, Bersatu’s survival now rests with PAS, say analysts |
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Posted by: superadmin - 03-16-2021, 11:15 AM - Forum: Politics
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KUALA LUMPUR, March 16 — Umno’s decision to withdraw its support for the coalition led by Parti Pribumi Bersatu Malaysia will pull large swathes of the Malay vote away from the splinter group to deal a blow powerful enough to decimate the young party at the next general election, analysts said.
Bersatu was founded with the initial aim of breaking Umno’s grip on rural and conservative Malay votes but has seen marginal success.
Since its formation, the party has made little progress to counter Umno’s clout, having to contend with a smaller supporter base of mostly disgruntled former members of its sister party with no grassroots support.
Umno and PAS on the other hand amassed up to 70 per cent of the Malay vote at the 2018 general election, with the former enjoying the lion’s share. Hawkish Umno leaders have used this to pressure Bersatu into giving way.
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