Category: Automotive
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The Myth of Malaysia’s Burgeoning National Debt
Malaysia’s national debt has ballooned to over RM1.5 trillion, sparking concerns from the public and politicians like Prime Minister Anwar Ibrahim. But is Malaysia’s debt truly a ticking time bomb or an overblown myth? This article analyzes the nuances behind the numbers. Anwar Ibrahim’s Stance Against Malaysia’s Rising Debt Prime Minister Anwar Ibrahim has positioned…
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Malaysia Takes the Wheel on EV Adoption
Malaysia has set ambitious goals to reach net zero emissions by 2050. A crucial part of this journey involves transitioning its transport sector towards electric vehicles (EVs). Currently, over 26 million registered vehicles cruise Malaysia’s roads, with more than half being personal cars and vans. This puts the spotlight squarely on the transport industry, which…
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The 1MDB Scandal: How Massive Corruption Shook Malaysian Politics
The 1Malaysia Development Berhad (1MDB) scandal has been described as one of the biggest cases of kleptocracy, or government corruption, in the world. At the heart of this brazen fraud scheme was the misappropriation of billions of dollars from 1MDB, a Malaysian state investment fund. 1MDB was established in 2009 to finance economic development projects…
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The Epic Rise and Fall of Maybank’s Founder Kwok Tai Chiu
Maybank is Malaysia’s largest bank today, but its origins can be traced back to a single ambitious man, Kwok Tai Chiu (Mr. Kwok). Born in 1918 in Singapore to a rich Chinese businessman, Mr. Kwok grew up surrounded by bankers. After finishing school, he joined OCBC Bank in Singapore as a clerk at just 15…
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The Challenge of Hydrogen-Powered V8 Engines
In this article, we delve into the fascinating world of hydrogen-powered V8 engines and explore the challenges they face in terms of storage and efficiency. While many of us dream of a clean V8 engine, powered by a sustainable source, the reality is far more complex. We will break down the facts and figures to…
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7 Reasons Why Your Car’s Gas Mileage is Getting Worse
As your car ages, you may notice a decline in its gas mileage. While it’s true that poorly maintained vehicles are more likely to experience worsening fuel efficiency, there are specific factors that can contribute to this issue. In this article, we will explore seven common reasons why your car’s gas mileage may be getting…
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Toyota CEO: “This New Engine Will Destroy The Entire EV Industry!”
Toyota has recently created quite a buzz in the automotive industry by unveiling its new hydrogen combustion engine. In a world where every automaker is trying to come up with the best electric vehicles, Toyota has taken a different approach. Toyota believes that its new hydrogen combustion engine can be a game-changer in the automotive…
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6 Method To Invest in Gold
Gold has been a prominent form of currency for centuries, and it still holds a unique appeal today. Its reputation for safeguarding against inflation has financial advisors advocating for it to be included in one’s portfolio. Investing in gold can be done in various ways; direct methods include owning gold bars, while indirect ways involve…
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Energy and Civilization by Vaclav Smil Book Summary
Energy and Civilization, A History by Vaclav Smil Recommendation Canadian university professor Vaclav Smil’s legendary work on energy, particularly in the United States, has garnered worldwide honor. Yet Smil writes for experts, not the layperson. His energy overview covers 441 dense pages and oddly-sequenced chapters – plus addenda – relaying statistics, facts and expert opinion, but little softening storytelling. He describes the role of energy in societal issues, slavery, war, economic growth…
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Energy by Richard Rhodes Book Summary
Energy, A Human History by Richard Rhodes Recommendation In this timely book, Richard Rhodes tells us the stories of the inventors and industrialists behind the major innovations in energy during the last 400 years. He provides an enjoyable, engaging and sometimes esoteric account of the scientific history of the modern technological world. Rhodes covers the breakthroughs that made it possible to turn coal into steam, and build…
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Oil in Putin’s Russia by Adnan Vatansever Book Summary
Oil in Putin’s Russia, The Contests over Rents and Economic Policy by Adnan Vatansever Recommendation The oil sector has long dominated Russia’s economy, for better and for worse. In this study of President Vladimir Putin’s policies, scholar Adnan Vatansever delves into Russia’s oil sector through the prism of who owns the energy assets and how much the…
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The Great Race by Levi Tillemann Book Summary
The Great Race, The Global Quest for the Car of the Future by Levi Tillemann Recommendation The internal combustion engine has had its day. The big upheaval won’t happen tomorrow – or even by 2025 – but eventually, the gas pump will be a museum relic and electric cars will be common. In this exhaustively…