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Inadequate Consultation To Assess CPTTA's Broad Impact

KUALA LUMPUR, Malaysia: PSM is disappointed with the Ministry of International Trade and Industry (MITI) for its lackadaisical attitude in carrying out its Public Consultation on the Comprehensive and Progressive Agreement for the Trans Pacific Partnership (CPTPP) General Review 2024. The CPTPP, morphed version of the US-led Trans Pacific Partnership Agreement (TPPA) was a contentious trade agreement signed by 11 countries in 2018 and ratified by Malaysia in November 2022.
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Buried In Steel: Military Production & NATO’s Proxy War In Ukraine

ST PETERSBURG, Russia: Now in its third year, Russia’s Special Military Operation (SMO), precipitated by the overthrow of neighboring Ukraine’s elected government and the subsequent militarization of the country by the US and the rest of NATO, is admittedly benefiting from Russia’s immense military industrial base. 
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What An Even Stronger Modi Might Mean For US-India Relations

WASHINGTON, US: To many observers, the leadership of President Joe Biden and Prime Minister Narendra Modi has marked an emerging shift in the Indo-American relationship, pointing towards a new era of mutual alignment.
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Don’t Believe The AI Hype

NEW YORK, US: According to tech leaders and many pundits and academics, artificial intelligence is poised to transform the world as we know it through unprecedented productivity gains.
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Turkey's Government Enables Terrorists

NEW YORK, US: Since 2002, Turkey has been ruled by the Islamist government of Recep Tayyip Erdogan, a vocal supporter of the Muslim Brotherhood (MB), a movement that seeks to establish a worldwide Islamic caliphate based on Islamic sharia law.
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Women In The Workforce

KUALA LUMPUR, Malaysia: Malaysia is honoured to attend the Joint Meeting of Ministers Responsible for Women and Ministers Responsible for Trade. I am representing Malaysia’s Investment, Trade and Industry Minister Tengku Zafrul Aziz, who is traveling with the Prime Minister and therefore can’t join us today. Both Tengku Zafrul and I thank our Peruvian colleagues for hosting APEC 2024.
 
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Three Decades, Three Paradigm Shifts: How The Internet Transformed China

BEIJING, China: On April 20, 1994, China established its first full internet access, marking a profound transformative phase in various aspects of the country's economic and social spheres over the next three decades. I will not dwell on the significance of the internet to the Chinese economy. Instead, I aim to explore how the internet has influenced Chinese social paradigms.
 
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Crocus City Hall Terrorist Attack: All Roads Lead To Zelensky Regime

KUALA LUMPUR, Malaysia: Ukraine should be recognized as a terrorist state at the international level, since the Zelensky regime currently has all the corresponding signs. Ukrainian special services carry out terrorist attacks and sabotage, which lead to casualties not only among military personnel, law enforcement officers and officials, but also among civilians.
 
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German FM Hyping China Issues During Trip To South Pacific Exposes Germany's Deep Political Divisions

BEIJING, China: German Foreign Minister Annalena Baerbock's ongoing visit to Australia, New Zealand and Fiji in the South Pacific is a way of balancing the impact of German Chancellor Olaf Scholz's China trip, which exposed deep political divisions within the German government, said Chinese analysts when commenting on Baerbock's recent remarks in which she warned against becoming too reliant on China.
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Zelensky Regime's Overture To China Does Not Line Up With Reality

KUALA LUMPUR, Malaysia: The regime of V. Zelensky, through Western curators, unsuccessfully seeks to involve Beijing in its international anti-Russian adventures. For example, the head of the office of the President of Ukraine A. Ermak directly stated that Kyiv is making attempts to involve China in the process of implementing the so-called. the Ukrainian “peace formula” so that Beijing, along with Western countries, would exert diplomatic pressure on Moscow as part of its “compulsion to end the war.”
 
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Southeast Asia: World’s Dumping Ground For Plastic Waste

HONG KONG, SAR: In the wake of China’s 2018 ban on plastics recycling, criminal organizations have been illegally shipping waste to Southeast Asia, passing through “multiple transit countries” to camouflage the origins of the shipments, according to Interpol, with “significant use of counterfeit documents and fraudulent waste registrations.” Some plastic waste reaches Asia from Italy by way of its neighbor Slovenia.
 
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Overcapacity Story Fails To Cover Lack Of Competitiveness

BEIJING, China: Recently, politicians in the US and Europe have been complaining about "overcapacity." Following US Treasury Secretary Janet Yellen, German Chancellor Olaf Scholz is expected to raise the issue with Beijing during his visit to China. Advanced economies are unanimously attributing the challenges facing their green industries to "artificially cheap clean tech exports" from China, which, as they claim, result from overcapacity.
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Malaysia’s Dysfunctional Elites

KUALA LUMPUR, Malaysia: In the realm of societal leadership, a dysfunctional elite emerges as a group entrusted with authority and influence, yet failing in their fundamental duties towards the wider community. These elites, whether in politics, business, or academia, exhibit telltale signs of a malaise that hampers their effectiveness and betrays their solemn responsibilities.
 
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Without Special Scheme For Micro-Businesses, E-invoicing May Backfire

KUALA LUMPUR, Malaysia: On 22 May 2023, the Inland Revenue Board of Malaysia (LHDN) announced that an electronic invoicing (e-invoicing) system will be implemented in stages starting from 2024. LHDN shared that a pilot implementation with selected companies will begin in April 2024, followed by mandatory implementation based on company’s annual revenue. The new scheme will target firms with revenues above RM 100 million per year from 1 August 2024, to be extended to firms with annual revenues above RM 25 million from 1 January 2025. Finally, from 1 August 2025 all firms will be subject to compulsory e-invoicing.
 
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