Posted by tkl88 > 2020-11-26 20:30 | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08
https://www.theedgemarkets.com/article/budget-2021-approved-dewan-rakyat

Posted by tkl88 > 2020-11-26 20:30 | Report Abuse

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.

Posted by cashflow > 2020-11-27 13:20 | Report Abuse

All airlines globally are bound to come back in the market. People cannot let go habit of flying and touring the world. Just need to be patient and wait for good times to come

Posted by Ammar Roshidy > 2020-11-29 19:36 | Report Abuse

@ cashflow spot on. but to get back to good times it will take at least a year.

Posted by Jerry20 > 2020-12-01 03:42 | Report Abuse

Today i sold my ticket..cause bad news from manangmnt airasiaX..maybe airasiaX files bankruptcy..so up to u..for me airasia stil can invest but for AAX not ok..so thanks everyone see u again....

Posted by Stonecold > 2020-12-01 09:26 | Report Abuse

something coming

Posted by Stonecold > 2020-12-01 09:40 | Report Abuse

AirAsia’s Teleport ready to deliver COVID-19 vaccines - 26 November 2020

Kuala Lumpur, 26 November 2020 - Leveraging on AirAsia’s largest network in Southeast Asia covering 125 cities, Teleport, the logistics venture of AirAsia Digital is ready and committed to focusing its operations to support the distribution of COVID-19 vaccines in the region.

Since the start of the pandemic early this year, Teleport was among the first to charter cargo-only flights to deliver medical aid and protective equipment to hospitals and frontliners in major cities even when international borders were closed for travellers and AirAsia’s flight went into hibernation.

Teleport CEO Pete Chareonwongsak said, “Distributing vaccines is a global imperative that can bring back a global economic recovery as well as the revival of demand in the aviation and travel industry.

That’s why we’re focused on putting together our collective resources, technology and infrastructure for regional supply chains and essential services. We will work closely with the governments and our partners to ensure that the vaccines reach our healthcare frontliners who are braving the pandemic.”

As a technology logistics company, Teleport has also developed robust technology (API) integration, digital issuance of AWBs, integrated technologies with cargo terminals at its partner’s Ground Team Red (GTR), a joint venture between AirAsia and SATS hubs in major markets and first mile and last mile technology applications..

Posted by jazz2pai > 2020-12-01 13:41 | Report Abuse

stay to 0.65 this week it’s good

Posted by Canlah > 2020-12-01 16:44 | Report Abuse

next year AA gonna tidur lo. next year Ge15. this umno fight2 for power. covid cases will spike again like sabah.

Posted by Flytothesky2 > 2020-12-03 11:05 | Report Abuse

Aax good bye.

Posted by Flytothesky2 > 2020-12-03 13:41 | Report Abuse

This forum no voice already. I better go airport.

Posted by Flytothesky2 > 2020-12-03 22:31 | Report Abuse

https://www.chinapress.com.my/20201203/◤全球大流行◢-德疫苗小组估计-全国接种需花550日/

Aax can tahan 1 year lagi?

Posted by newbie1111 > 2020-12-04 12:21 | Report Abuse

https://youtu.be/fTyUE162lrw

Explaining why long haul low cost airlines always go bankrupt

Posted by foo > 2020-12-07 11:12 | Report Abuse

Of the new cases today, three are imported cases in which the infections occurred abroad while the remaining 1,332 are contracted local transmissions," he said in a statement.The Klang Valley — comprising Selangor, Kuala Lumpur and Putrajaya — made up a total of 515 cases, or 38.6% of the daily new cases.

Posted by Rajaswaran Tharmalingam > 2020-12-08 17:56 | Report Abuse

Nice. Jet turbines are warming up :)

Posted by seejovin88 > 2020-12-08 18:31 | Report Abuse

Guess tomorrow something good is coming
XD

Posted by rockycleft > 2020-12-09 08:50 | Report Abuse

Post pandemic period will see a reduction to the number of airlines and airfare will soar sharply. Buy air Asia and aax now if you dare to risk

Posted by GorengHealthcare > 2020-12-09 10:04 | Report Abuse

aax and airasia only for those with big balls. High risk high rewards.

Posted by smurfbee > 2020-12-09 10:06 | Report Abuse

Junk stock... just throw while you can...

Posted by Julia Kueh > 2020-12-09 10:06 | Report Abuse

I love AAX :)

Posted by Jom123 > 2020-12-09 10:08 | Report Abuse

Woww..

Posted by Nurimran87 > 2020-12-09 10:11 | Report Abuse

Brapa kita nak TP ni?

Posted by Hanson2020 > 2020-12-09 10:16 | Report Abuse

Bought at 0.06, continue to top up at 0.075, sold at 0.1. Good luck guys

Posted by CUTLOST > 2020-12-09 10:16 | Report Abuse

Sold Aax.. Bought last week 0.065

Posted by HYdayne > 2020-12-09 10:18 | Report Abuse

cunnn 50% within 1 hour AAX, superb....

Posted by Nurimran87 > 2020-12-09 10:19 | Report Abuse

aiyaaa..takkan satu hari punya game je..kasi sambung sikit la..

Posted by jazz2pai > 2020-12-09 10:21 | Report Abuse

kasi naik 50 sen

Posted by rockycleft > 2020-12-09 10:24 | Report Abuse

The rise of aax price makes big balls shrink....

Posted by DingHai888 > 2020-12-09 10:27 |

Post removed.Why?

Posted by Selina888 > 2020-12-09 10:28 | Report Abuse

Easily 0.15

Posted by Nurimran87 > 2020-12-09 10:28 | Report Abuse

yaya.. Jom kasi naik 50 sen la guys. baru sama2 huat

Posted by VTrade > 2020-12-09 10:31 | Report Abuse

Wah.... up so many ... miss the boat... any TP?

Posted by IvanC > 2020-12-09 10:38 | Report Abuse

take profit first, later buy back

Posted by DrJoel88 > 2020-12-09 10:40 | Report Abuse

Kena lawsuit pun boleh UP ke? Is it time to be worried?

Posted by AswanFirdaus > 2020-12-09 10:50 | Report Abuse

good luck for those that gonna get trap.

Posted by Rajaswaran Tharmalingam > 2020-12-09 11:02 | Report Abuse

Thank you AAX, you have been too kind. I am extremely thankful and have signed out... all the best to those still in for the ride... SUCCESS ALWAYS :)

Posted by Lele > 2020-12-09 11:23 | Report Abuse

注意!!!

[ 该廉价航空集团筹集25亿令吉的计划，会一如预期展开。] 要 rights issue 了。

Posted by Sleazy95 > 2020-12-09 11:26 | Report Abuse

When is the 10:1 consolidation? Or they just cancel it?

Posted by xytraders > 2020-12-09 11:27 | Report Abuse

still holding

Posted by xytraders > 2020-12-09 11:27 | Report Abuse

......

Posted by btuscy > 2020-12-09 11:28 | Report Abuse

been holding since last month, nice job aax, careful those who chase penthouse

Posted by Donator > 2020-12-09 11:31 | Report Abuse

better take profit and run...

Posted by shark888 > 2020-12-09 11:31 | Report Abuse

check out this ig guys https://instagram.com/bullish_snipper?igshid=ezkb643xlwqg

Posted by xytraders > 2020-12-09 11:36 | Report Abuse

hold for profit abv 100% or more......

Posted by supafly83 > 2020-12-09 11:43 | Report Abuse

@sleazy95 maybe will consolidate 5:1?

Posted by Lolipop99 > 2020-12-09 11:49 | Report Abuse

Rise 0.5 every one Merry Christmas and Happy New Year

Posted by alvin_ci > 2020-12-09 11:54 | Report Abuse

0.04 to 0.07 is real 0.07 above belong to sindicate... pump and dump waiting retailer to trap

Posted by btuscy > 2020-12-09 12:00 | Report Abuse

heavy collection at 0.10/0.095 if close at 0.10 then tomorrow another session fly

Posted by Alexander78 > 2020-12-09 12:09 | Report Abuse

Perhaps 2nd session i think will fly to 0.15

Posted by Alexander78 > 2020-12-09 12:11 | Report Abuse

https://www.theedgemarkets.com/article/positive-bigpay-prospects-lift-airasia-shares