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☕️ How rich is Tun Daim and his RM50 bil opportunity cost of being a politician
'Abang Adik': Record RM13.5 mil box-office sales in Taiwan vs RM5.2 mil in MY. ICJ commences South Africa's genocide case against Israel. China will no longer be the top exporter to the US.
The Coffee Break
January 12, 2024
1. MARKET SUMMARY 📈
Information as of 0730 UTC+8 on Jan 12, 2024.
2. NUMBERS AT A GLANCE 🔢
3.3% — the unemployment rate of Malaysia in November 2023, back to pre-pandemic levels. There were 569,000 unemployed individuals in that month, according to the latest Labour Force statistics. Chief Statistician Mohd Uzir Mahidin stated that the figure indicates positive economic growth. The number of employed persons in November rose 0.2%, totalling 16.43 mil. Despite global challenges, Malaysia's diverse economy and strong foundations have led to steady economic growth.
According to a witness in the trial of preacher Ebit Irawan Ibrahim Lew, better known as Ebit Lew, 90 lewd photos were found in data extracted from his mobile phone. The eighth prosecution witness — Royal Malaysia Police (PDRM) Forensic Computer Crime Investigation Unit analyst Insp Yip Chang Ching — said he took about four hours and 50 minutes to open the extracted files for reading by forensic software. Lew, 38, faces 11 charges, including outraging the modesty of a woman in her 40s by sending obscene words and images to the victim’s phone number via the WhatsApp application between March and June 2021. The preacher is somewhat of a celebrity himself with a massive following of 6.6 mil on Instagram.
A banquet menu from 1956, signed by Mao Zedong during the first Pakistani state visit to China, was sold for USD275,000 (RM1.28 mil) at an auction by RR Auction - view the menu here. The menu commemorates the historic occasion of the first Pakistani state visit to China during the Cold War. The then-Prime Minister of Pakistan, Huseyn Shaheed Suhrawardy, dined with Mao, Premier Zhou Enlai, and other officials. This event marked the beginning of diplomatic ties between China and Pakistan, with China later playing a significant role in Pakistan's nuclear armament program.