China built more 5G base stations in three months than the US did in two years

China built more 5G base stations in three months than the US did in two years

China surpassed its target for 5G base stations six months early, having built three million of them by the end of June, the latest government data showed. The numbers also suggest that China has left the United States far behind in the 5G connectivity race, with more than 600,000 new stations added in the last … Read more

TransNusa registers a record high 94 percent on-time performance

TransNusa registers a record high 94 percent on-time performance

KUALA LUMPUR: TransNusa, the region’s first Premium Service Airline, has once again set impeccable standards by registering an On-time performance of 94 percent. Record high On-time performance was registered for Jakarta – Kuala Lumpur round trip flight route. The airline introduced the Jakarta – Kuala Lumpur round trip flight route on April 14, this year. … Read more

Margin pressure is weighing on petrochemical players

Riding the RM3.5 trillion Asia-Pacific EV market

PETALING JAYA: Petrochemical players are struggling to “find a bottom” as steep margin compression continues to weigh on the industry, according to Maybank Investment Bank (Maybank IB) Research. Moving into the second half of 2023 (2H23), challenges remained for petrochemical players and the research house was “neutral” on prospects. The industry is suffering from weakening … Read more

Netflix adds six million subscribers after password crackdown

Netflix adds six million subscribers after password crackdown

SAN FRANCISCO: Netflix on July 19 said subscriptions to the media streaming service climbed by nearly six million following its crackdown on password sharing. The streaming giant finished the recently ended quarter with a total of 238 million subscribers and revenue of US$1.5bil, according to an earnings release. The bumper pickup in subscribers comes as … Read more

China built more 5G base stations in 3 months than the US did in 2 years

China built more 5G base stations in 3 months than the US did in 2 years

China surpassed its target for 5G base stations six months early, having built 3 million of them by the end of June, the latest government data showed. The numbers also suggest that China has left the United States far behind in the 5G connectivity race, with more than 600,000 new stations added in the last … Read more

2023 Tesla Model Y now in Malaysia – Standard Range RM199k, Long Range RM246k, Performance RM288k – paultan.org

2023 Tesla Model Y now in Malaysia – Standard Range RM199k, Long Range RM246k, Performance RM288k

Tesla is now officially in Malaysia, the brand was launched this morning at an event at Pavilion Kuala Lumpur. Its entry into the market is led by the Tesla Model Y, with the mid-sized SUV sold here in three specification forms revealed through the online configurator last week. The three variants of the Tesla Model … Read more

Aussie surges after work surprise; China’s yuan is rising

Aussie surges after work surprise;  China's yuan is rising

[1/3]Australian dollars and coins are seen at a cash register at a store in Sydney, Australia, February 11, 2016. REUTERS/David Gray/ SINGAPORE, July 20 (Reuters) – The Australian dollar surged on Thursday after the country’s jobs data bettered market expectations, while the yuan marched higher after China’s monetary authorities stepped up efforts to defend its … Read more

Young homebuyers take refuge in rust belt towns | Malay Mail

Young homebuyers take refuge in rust belt towns |  Malay Mail

HEGANG, July 20 — Fontana Fang has dived into China’s cutthroat real estate market and emerged victorious, defying skyrocketing prices to snap up a prime property for next to nothing — a distant dream for many. But there’s a catch: His new apartment is in a coal town near the Russian border where winter temperatures … Read more

Malaysia’s total trade fell 16.3% yoy in June to RM222.1 bil

Malaysia's total trade fell 16.3% yoy in June to RM222.1 bil

KUALA LUMPUR (July 20): Malaysia’s total trade fell 16.3% to RM222.1 billion in June 2023, from RM265.4 billion last year. In a statement on Thursday (July 20), the Department of Statistics Malaysia (DOSM) said exports and imports also posted a decline of 14.1% and 18.9%, respectively. However, it said Malaysia’s trade surplus increased to RM25.8 … Read more

Hope US semiconductor companies’ ‘petition’ wakes up Washington: Global Times editorial

chip Image: VCG

Photo: VCG As rumors grow of the “Biden administration expanding restrictions on chip exports to China,” opposition within the US is also rising. In a rare move, American semiconductor companies have launched a “petition movement.” On July 17, CEOs of American chip companies such as Intel, Qualcomm and NVIDIA met with top US officials including … Read more