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Cik Anwar declare Jiuhu will become BRIC very very soon.

the new railway line joining Malaysia, laos and China has opened. More to come. Whether it will go belly up is another matter
 
The RM rose because subsidies are being cut. Nothing to do with brics or cargo train. They need to cut even more if they want to control inflation.
 


Team Jiuhu Boleh will fire its Reflex Cannon on the Saw Hei Sinki Huat Cai Party?
 
https://www.straitstimes.com/asia/s...behind-malaysia-s-pursuit-of-brics-membership

New global reality, not alignments, behind Malaysia’s pursuit of Brics membership

shannonbyline.png

Shannon Teoh
Malaysia Bureau Chief

KUALA LUMPUR – Malaysia’s declared desire to join the Brics grouping – most recently espoused during a visit by Russian Foreign Minister Sergei Lavrov to Kuala Lumpur on July 28 – is deepening concerns over whether Prime Minister Anwar Ibrahim is leaning away from Western powers.

In his 20 months in power, Datuk Seri Anwar has staunchly condemned the United States and other allies of Israel over the prolonged conflict in Gaza, and repeatedly defended Beijing against “China-phobia”.
 
Its data centres here are all located in Jurong West.

On May 30, Google said it would invest US$2 billion in Malaysia to develop its first data centre there.

Senior Minister of State for Communications and Information Janil Puthucheary noted an increasing number of data centres are required to support the computing power capacity essential for technological needs, such as the growing use of artificial intelligence (AI) and autonomous systems.


“But with our energy and carbon constraints, this growth of capacity can only be realised if we can make the data centres more sustainable,” said Dr Janil, who attended the event on Jun 3.

“We are committed to growing the (data centre) sector to be more sustainable,” he said, pointing to the launch of the country’s Green Data Centre Roadmap on May 30.

Launched by Deputy Prime Minister Heng Swee Keat at the Asia Tech x Singapore event, the new road map includes plans to add 300MW of data centre capacity here in the coming years, with another 200MW allocated only for operators using green energy options.

Green standards outlined in the road map include ways to improve energy efficiency by upgrading equipment, in addition to reducing the energy required for air-conditioning by safely raising the operating temperature to 26 deg C.

Singapore has more than 70 data centres, with 1.4 gigawatts of capacity.

These currently account for 82 per cent of Singapore’s information and communications sector emissions, and 7 per cent of its total electricity consumption.
Jurong West Bulim Avenue. I used to work there as a security guard
 
Its data centres here are all located in Jurong West.

On May 30, Google said it would invest US$2 billion in Malaysia to develop its first data centre there.

Senior Minister of State for Communications and Information Janil Puthucheary noted an increasing number of data centres are required to support the computing power capacity essential for technological needs, such as the growing use of artificial intelligence (AI) and autonomous systems.


“But with our energy and carbon constraints, this growth of capacity can only be realised if we can make the data centres more sustainable,” said Dr Janil, who attended the event on Jun 3.

“We are committed to growing the (data centre) sector to be more sustainable,” he said, pointing to the launch of the country’s Green Data Centre Roadmap on May 30.

Launched by Deputy Prime Minister Heng Swee Keat at the Asia Tech x Singapore event, the new road map includes plans to add 300MW of data centre capacity here in the coming years, with another 200MW allocated only for operators using green energy options.

Green standards outlined in the road map include ways to improve energy efficiency by upgrading equipment, in addition to reducing the energy required for air-conditioning by safely raising the operating temperature to 26 deg C.

Singapore has more than 70 data centres, with 1.4 gigawatts of capacity.

These currently account for 82 per cent of Singapore’s information and communications sector emissions, and 7 per cent of its total electricity consumption.
Isn't he a Malaysian?
 
May Singaporeans & investors in country of Malaysia BE PREPARED for the further sinking of the RM$ of such news. RM$4 to SGD$1 soon than later?

Malaysia is our neighbor & we Singaporeans wish them all the best, & will do all we can for the State of Johore & its citizens, & any Malaysian from other States flocking into Johore to seek honest jobs to elevate & put food on the table for their loved ones....& with such potential success, to replicate to ALL other Malaysian Federation States to uplift neighbors lives....

Money is important to all, regardless of race, language or religion. As the saying goes, money is not everything, but without money, everything becomes nothing.

What exactly are BRICS monetary system & BACKED UP with? - invasion, slaughtering/decimating innocents, poor labor laws that robs one of dignity & pride reduced to begging on knees with tears for non-existent compensation, corruption, stealing from funders, etc as proven over time & time again in Humankind history since BRIC blarney began akin to scam set cryptos?

What GUARANTEES do they give to earn the trust of the saving public, over time & not hyped up propaganda for the day to entice naive?

If BRIC monetary system is as great as those failing & irresponsibly led nations backing it up, WHY is the take up rate so low?

Money trusted into BRICS are hard earned over years - one's life savings & corporate earnings...Thus may each consider carefully with eyes wide opened....any changes within BRIC monetary system may RENDER one's savings decline to lowest value or worse into nothing...
Fuck off.
 
Louis Vuitton’s flagship store in Beijing has yet to open.

Louis Vuitton’s flagship store in Beijing has yet to open.
Photographer: Na Bian/Bloomberg
Industries
Consumer

LVMH’s Empty Chinese Megastore Signals Deepening Luxury Crash​

Upmarket brands are scrambling to adjust strategy after being wrongfooted by the rapid downturn in Chinese spending.


By Bloomberg News
4 November 2024 at 7:48 AM SGT

When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top brand Louis Vuitton planned to open its flagship store in the first half of 2024.

More than a year later, the building remains fenced off. The store may not open until as late as next year, according to people familiar with the matter.
Have
 

China Reviews Plan to Refinance Local Governments’ Hidden Debt​


By Bloomberg News
4 November 2024 at 6:18 PM SGT
Updated on
4 November 2024 at 7:12 PM SGT
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Translate

China’s top legislative body reviewed a proposal to transfer some off-balance-sheet debt of local governments to their official accounts, aiming to ease their financial burden in a move foreshadowed by officials.

The National People’s Congress Standing Committee held a meeting on Monday morning, where it discussed a plan to lift local governments’ debt ceiling to swap out their hidden debt, according to the official Xinhua News Agency.
 
LVMH’s Empty Chinese Megastore Signals Deepening Luxury Crash

By Bloomberg News
4 November 2024 at 7:48 AM SGT

When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top brand Louis Vuitton planned to open its flagship store in the first half of 2024.

More than a year later, the building remains fenced off. The store may not open until as late as next year, according to people familiar with the matter.
Have
XJP don't like, better write off.
 
Two biggest economy will be closed for business very soon.
ASEAN trade already bypassed USD. If you use your phone banking to pay in say Jiu hu or Thailand or Bali, it's traded directly. But if you use your debit card, the cost and exchange rate will be worse because it goes through USD.
 
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