Tag Archives: Economy

Truth About FDA Import Alert 99-33 On Japanese Food

Truth About FDA Import Alert 99-33 On Japanese Food!

Here is what you need to know about the viral claim, and the truth behind the FDA import alert 99-33 on Japanese food!

 

Claim : FDA Issued Import Alert 99-33, Banning Japanese Food!

This message has gone viral on and off over the years, being shared again and again on WhatsApp, and social media. It’s long, so feel free to skip to the next section for the facts…

The US Food and Drug Administration has issued a notice

A week ago, the US law came into force:
🎯 FDA Issued Alert No. 99-33, prohibiting the following
🅾️ Japanese food entering the US:
📎 Fresh milk,
📎 Butter,
📎Milk powder,
📎Baby milk powder, and others
📎Dairy products;
📎Vegetables, sweet potatoes, salt, and other products
📎Rice,
📎 Whole wheat;
📎Fish;
📎Meat and poultry;
📎Clams;
📎 sea urchin;
📎Citrus pomelo fruits;
📎 Apples, kiwis and other fruits.

Recommended : Was US Military Caught Stealing Tents From China?!

 

The Truth About FDA Import Alert 99-33 On Japanese Food!

This is yet another example of FAKE NEWS created by the Chinese 50 Cent Army (wumao, 五毛) to scare people into boycotting Japan and Japanese food, and here are the reasons why…

Fact #1 : FDA Issued Import Alert #99-33 In March 2011

On March 11, 2011, Japan was hit by a massive tsunami triggered by a 9-magnitude earthquake off its Pacific coast. The force of the tsunami greatly damaged the Fukushima Daiichi nuclear plant, contaminating the surrounding area with radioactive material.

The Government of Japan determined that certain food products in affected prefectures were therefore not fit for human consumption, due to the risk of contamination by the radioactive material. They banned those food products from sale within Japan, and for export.

The US FDA responded by issuing Import Alert #99-33 – “Detention Without Physical Examination of Products from Japan due to Radionuclide Contamination.

This part of the viral post is true, but everything else is false.

Fact #2 : FDA Import Alert #99-33 Was Limited To Certain Prefectures

The FDA Import Alert #99-33 did not ban the import of all Japanese food products, as the viral post claimed.

It only targeted Japan’s own restrictions at the prefecture level, using Section 801(a)(2) of the Federal Food, Drug, and Cosmetic Act:

FDA-regulated products are subject to refusal and will be refused admission into the United States if the products appear to be forbidden or restricted for sale in the country in which they were produced or from which they were exported.

Fact #3 : FDA Cancelled Import Alert #99-33 In September 2021

On September 21, 2022, the US FDA deactivated (cancelled) Import Alert #99-33. Since then, there has been no ban on any food product from the five affected prefectures of Aomori, Iwate, Miyagi, Fukushima and Ibaraki.

Now, after an extensive analysis of Japan’s robust control measures that include decontamination, monitoring and enforcement; after reviewing the results of 10 years of sampling food products from Japan; and after determining a very low risk to American consumers from radioactive contaminated foods imported from Japan, FDA has decided that the IA is no longer necessary to protect public health and therefore should be deactivated.

Despite this cancellation of the import ban more than a year ago, the Chinese 50 Cent Army (wumao, 五毛) continues to spread this fake story on WhatsApp, as well as social media platforms like Facebook and Twitter.

Recommended : Did US Send 7000 Insects To Destroy Crops In China?!

Fact #4 : Australia Did Not Stop Issuing Visa To Japanese Travellers

Australia never suspended visa issuance for Japanese travels over the Fukushima Daiichi nuclear accident.

Fact #5 : US Did Not Suspend Japanese Immigration

The United States never suspended immigration of Japanese citizens over the Fukushima Daiichi nuclear accident.

Fact #6 : Japan Did Not Supply Contaminated Food To Tourists

This claim has been repeatedly promoted by the Chinese 50 Cent Army (wumao, 五毛), and is categorically false.

Japan did not reserve their contaminated food supply for consumption by tourists, while importing food for their own citizens. Neither did Chinese tourists to Japan suffer “strange diseases of varying degrees”.

Those are just lies created by the wumao to scare Chinese citizens into boycotting Japan and Japanese food products.

Fact #7 : Fukushima Radiation Only Affected A Small Area Of Japan

The Fukushima Daiichi nuclear accident did not affect 70% of Japanese territory.

The Government of Japan established a 30 kilometre no-fly zone, and a 20 kilometre exclusion zone, around the Fukushima Daiichi nuclear plant.

Aerial survey of the radioactive caesium levels in May 2012 show that only a small part of Japan was affected.

Recommended : Does CGTN Video Prove US Blew Up Nord Stream?!

Fact #8 : Harmful Radionuclides Were Removed From Wastewater

Both fresh water and seawater were used to cool down the melting nuclear fuel rods and spent fuel rods stored at the facility.

Measures were quickly taken to block the seepage of the contaminated wastewater into the sea and water table. For example, TEPCO poured a 60 cm-thick concrete wall covering 70,000 square meters of ocean seabed.

There were occasional accidental discharges of radioactive wastewater, but generally the radioactive wastewater was stored in massive storage tanks and treated using the Advanced Liquid Processing System (ALPS).

ALPS removed harmful radionuclides like caesium and strontium from the wastewater, leaving only tritium – a mildly radioactive and far less harmful hydrogen isotope.

Fact #9 : Decontaminated Wastewater Used To Keep Reactors Cooled

The water treatment system became fully-functional, together with water recycling systems on 3 July 2011.

The decontaminated wastewater thereafter is being 100% reused to keep the reactors cooler, so no additional volume of contaminated water would be generated.

Fact #10 : Excess Decontaminated Wastewater To Be Released

A large amount of treated wastewater remain at the Fukushima Daiichi plant, and on April 13, 2021, the Government of Japan announced that the treated wastewater would be released in 2023.

The US FDA says that the treated wastewater presents an “extremely low” health risk even if consumed, which is rather minimised because it’s being discharged into the vast ocean.

According to scientific experts from interagency advisory teams and FDA representatives to the US Advisory Team for Environment, Food and Health, the release of the treated wastewater will have “no effect on the safety of foods imported from Japan“.

In other words, the FDA considers food from Japan to be perfectly safe to import and consume, even after the treated wastewater is released into the ocean.

Recommended : Did US Refuse WHO Investigation Of Fort Detrick?!

This is just another example of Chinese propaganda created by the infamous 50 Cent Army (wumao, 五毛).

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Did US Steal $50 Trillion Of Gold + Oil From Iraq?!

Did the US government steal $50 trillion worth of gold and oil from Iraq?!

Take a look at the viral claims, and find out what the facts really are!

 

Claim : US Stole Gold + Oil From Iraq Worth $50 Trillion!

People are sharing photos of US soldiers posing with gold bars, as evidence that the United States sold gold and oil from Iraq worth tens of trillions of dollars!

These photos have been revived on the 20th anniversary of Operation Iraqi Freedom, as part of the information warfare surrounding the Russian invasion of Ukraine, being shared and promoted on pro-CCP and pro-Russia groups on social media, WhatsApp, Telegram, etc.

Here the US thieves in Iraq. Bringing democracy aka stealing a country’s gold. Same thing they want to do in Russia. But Russia is no Iraq or Libya.

The #US ransacked and plundered the whole of #Iraq. Banks, museums, all of their gold reserves. The US is the biggest gang of thiefs in the whole history. They have raped most of the planet in the last 50 years. #Ukraine #UkraineRussianWar #UkraineRussiaWar #Russia #Putin #NATO

🇺🇸 “liberates” gold & oil while 🇷🇺 liberates humans.

#Denaƶification & #Demilitarization of #UkroNaƶiLand

 

Truth : US Did Not Steal Gold + Oil From Iraq At All!

This is yet another example of FAKE NEWS created and/or propagated to deflect criticism of Russia’s invasion of Ukraine, and here are the reasons why…

Fact #1 : US Did Not Steal $30 Trillion Of Iraqi Oil

Claims that the US stole $30 trillion worth of oil from Iraq are false. The United States did lose track of 8.7 billion dollars worth of Iraqi funds though.

After the invasion of Iraq concluded, Iraqi oil was sold to help fund the Development Fund of Iraq (DFI). Other sources of funds include surplus funds (about USD 10 billion) from the UN Oil-For-Food Program, and the sale of seized Iraqi assets.

The United States did not truck away Iraqi oil, as claimed. In July 2010, the US Special Inspector General for Iraq Reconstruction (SIGIR) discovered that the US Department of Defense could not account properly for USD 8.7 billion of DFI funds.

This led the Iraqi Parliament to request the United Nation’s help in demanding that the US return $17 billion of “oil money” that it said was stolen from the Iraqi people :

All the indications are that the institutions of the United States of America committed financial corruption by stealing the money of the Iraqi people, which was allocated to develop Iraq, (and) that it was about $17 billion.

… Our committee decided to send this issue to you … to look into it and restore the stolen money.

There is no evidence that the unaccounted money was repatriated to the United States, or officially taken by the United States.

Even assuming that it was not poor accounting and all of the $8.7 billion was truly stolen, that is a far cry (0.029%) from the $30 trillion that was “allegedly” stolen.

It is also rendered ludicrous by the fact that the United States spent US$60 billion in the reconstruction of Iraq.

Also consider the fact that Iraqi oil production only reached 4.4 million barrels per day in 2016. Assuming an average sale price of USD 60 per barrel, it would take them 311 years to sell enough oil to make $30 trillion.

Stealing $30 trillion worth of oil would require 1.7 billion oil trucks, or 46,000 of these trucks every day for 100 years!

Fact #2 : US Did Not Steal $20 Trillion Of Iraqi Gold

The United States also did not steal gold from Iraq, certainly not $20 trillion worth of gold!

All those photos of US soldiers with Iraqi gold bars are genuine, but they only show them taking photos with the gold they seized in Iraq.

The Iraqi gold bars (as well as currency and other valuables) that US soldiers seized were transported to the US Army’s headquarters in Kuwait.

There, they were examined by the Secret Service and/or the US Department of Treasury to determine their authenticity and value, before being returned to the Central Iraqi Treasury or the Development Fund of Iraq (DFI).

This is a picture of Lt. Col. Scott Schmidt, who was in charge of the 230th Finance Battalion. The battalion’s job was to seize Iraqi assets like currency, gold bars and other valuables.

In 2003, Iraq had under 6 tonnes of gold reserves, worth less than $70 million. So how can the United States possibly steal 20 trillion dollars worth of gold from Iraq? $20 trillion worth of gold would weigh at least 1,714,285 tonnes in 2003.

Guess how much gold mankind has ever mined in history? Only 205,238 tonnes as of January 2023 – which is less than 12% of what people are claiming that the United States stole from Iraq.

As of January 2023, the value of all the gold in the world is only USD 9.6 trillionless than half of what the conspiracy theory claims the United States stole from Iraq… and that’s only because gold prices have gone up considerably.

Even with the much higher gold price, it would take an additional 90 years of mining gold before the entire world has $20 trillion worth of gold for the US government to steal.

Now that you know the truth, please help us FIGHT FAKE NEWS by sharing this fact check out!

 

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Hannah Yeoh Launches SEEKscapes by JobStreet!

Minister of Youth and Sports Hannah Yeoh just launched SEEKscapes – a youth and career development initiative by JobStreet!

 

Hannah Yeoh Launches SEEKscapes by JobStreet!

On Saturday, 4 May 2023, the Malaysia Minister of Minister of Youth and Sports Hannah Yeoh launched SEEKscapes – a youth and career development initiative by JobStreet.

Taking place over two full days – 4 and 5 March 2023 – at the Kuala Lumpur Sentul Depot, SEEKscapes is organised by JobStreet by SEEK – Malaysia’s leading employment platform, with support from the Ministry of Youth and Sports.

JobStreet Managing Director Vic Sithasanan described the event as a “shining example of a public-private partnership” aimed at providing a platform for youths to discover and unlock their potential whilst providing jobs and career opportunities, while elevating Malaysia’s competitiveness as a nation.

SEEKscapes is not your typical job fair but a nation-building initiative for youths to further “discover themselves” and get insights into their personal development, while exploring career opportunities suited to their individual passions and strengths.

We are extremely grateful to YB Hannah Yeoh and her team at the Ministry of Youth and Sports for all the guidance and support they have given us to ensure a highly successful and productive event for attendees.

Recommended : New JobStreet Study : 2023 Remains Jobseekers’ Market In Asia!

 

SEEKscapes by JobStreet : What To Expect There?

JobStreet understands that youths who are stepping into the workforce for the first time may find this journey of discovery to be daunting and at times, confusing. So the SEEKscapes event was developed to engage with the youths, as well as provide them with a platform to learn and understand their personalities in a fun and refreshing way.

On arriving at SEEKscapes, attendees will start with a personality quiz that will help generate a digital infographic about themselves, and some suitable career suggestions.

They will also be able to engage with Malaysian companies on the lookout for talent, like Teleport, Sports Direct, Genting Malaysia, Big Bad Wolf Books, and Sunway Berhad.

To keep things fun, there will be live performances, dance groups, live music, fashion shows, as well as free drinks provided by JobStreet.

Head over to SEEKscapes by JobStreet from 4-5 March 2023 at:

Kuala Lumpur Sentul Depot @ Workshop1
Jalan Strachan, Sentul West,
51100 Kuala Lumpur

 

Please Support My Work!

Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Rise of Industry : How To Get This Game For FREE!

Rise of Industry – a simulation strategy game – is FREE to download and keep for a limited time!

Find out how to get it FREE, and make sure you TELL your friends!

Don’t forget to LIKE the Tech ARP Facebook page or Telegram channel to get these updates quickly!

 

Rise of Industry

Put your entrepreneurial skills to the test as you create & optimise intricate production lines whilst keeping an eye on the all-important bottom line.

As an early 20th Century industrialist, grow your empire & adapt to an ever-changing business landscape with unexpected events that could lead to boom…or bust.

Rise of Industry is a strategic tycoon game where you build and manage your growing industrial empire in a living, breathing, and procedurally generated world set in the 1930s that is constantly evolving and adapting to your playstyle.

As a budding entrepreneur, you will build factories, construct efficient production lines, move raw materials, produce finished goods, and arrange trade with the world’s developing cities, providing them with the resources they need to flourish – for as they grow and prosper, so do you.

However, it won’t always be a smooth ride to magnate status. Random business events and stock auctions will keep you on your toes, all while A.I. rivals compete for market share and look for ways to grow and exploit enemy weaknesses – beware of the hostile takeover.

Designed with an eye towards both accessibility and depth, Rise of Industry has enough strategic complexity and replayability to satisfy the most experienced fans of the genre, while its simple-to-understand mechanics ensure that new players will love it as well.

  • Experience tailored for every player – Specialise in just trading, production, gathering or any combination and research your way to bigger and better things.
  • Bid for contracts to get the upper-hand over your rivals.
  • Produce over 150 individual products, managing every step along the way from raw material to end product. Only the highly skilled entrepreneur will complete the complex production chains and take items such as cars, computers and other luxury products to market.
  • Build and manage a solid transportation network to enable the efficient transfer of goods via plentiful trucks, speedy trains and high capacity airships.
  • Be prepared for fierce competition – Advanced town and city A.I., make for an intelligent and changing game world so you won’t be the only one looking for the best deal.
  • Town personalities – adapt a suitable approach for every town or face their economic backlash.
  • Huge, procedurally generated maps mean that you’ll always have room to expand your empire, whether in testing scenarios or sandbox mode where imagination is your only limit.
  • Be quick to adapt to the current business climate with contracts and random events keeping you on your toes and cash flowing in.
  • Balance environmental impact with productivity. Churn out the products at the expense of nature, or be a conscientious industrialist, balancing the delicate lay of the land with your hunger for profit.

 

Rise of Industry : How To Get It FREE!

Make sure you follow these steps to get this game for FREE before 12 AM (GMT+8) on 10 March 2023!

  1. Go to the Epic Games Store.
  2. Log into your Epic Games Store account, or create a new account.
  3. Go to the Rise of Industry page in the Epic Games Store.
  4. Click on the Get button.
  5. In the checkout page, click Place Order.

That’s it! It is now added to your Epic Games account, and you can download and install it anytime after this.

 

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Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
Bank Transfer : CIMB 7064555917 (Swift Code : CIBBMYKL)
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Malaysia Digital Road Tax + Driving Licence FAQ!

Malaysia Transport Minister Anthony Loke addresses the frequently asked questions (FAQ) about the new digital road tax and driving licence initiatives!

 

Malaysia Adopts Digital Road Tax + Driving Licence!

On Friday, 10 February 2023, Malaysia Transport Minister Anthony Loke announced the adoption of both a digital road tax (motor vehicle licence), as well as a digital driving licence!

The first phase of this digital transformation initiative will involve private vehicles owned by Malaysian citizens, and certain groups of motorists.

Instead of physical road tax stickers, or physical driving licences, Malaysian citizens can now make use of digital versions using the new MyJPJ mobile app, or through the JPJ online portal.

This move is part of the broader digitalisation plan for JPJ, which should provide a smoother and faster service to the people.

 

Malaysia Digital Road Tax + Driving Licence FAQ!

Almost immediately after the announcement, Malaysian netizens had a ton of questions and criticisms about the new digital transformation of the road tax and driving licence.

So Malaysia Transport Minister Anthony Loke addressed the frequently asked questions (FAQ) about the new digital road tax and driving licence initiatives!

For the convenience of those who prefer to read the questions and answers in English, here is my translation of his original FAQ in Bahasa Malaysia.

Is it mandatory to download “MyJPJ” apps?

No. This is just one of the options to obtain the digital copy of the road tax, and driving licence.

Is it mandatory to download the “MyJPJ” app?

No. This is just one of the options to obtain the digital copy of the road tax, and driving licence.

If I cannot download the MyJPJ app and cannot show my digital road tax, will I be fined?

No. The enforcement agencies can confirm the status of your road tax and driving licence through the system in the enforcement gadget.

Do we still have to pay for the road tax and driving licence after their validity period ends?

Yes, you still need to pay. Only the [road tax] sticker does not need to be attached.

Recommended : Malaysia Adopts Digital Driving Licence In MyJPJ App!

What happens if senior citizens do not smartphones, or in areas with no Internet access?

Don’t worry, the digital format is not mandatory. You can still obtain the road tax sticker and physical driving licence from JPJ, if required.

You can also use the Print Screen feature on your smartphone to get a copy of your digital road tax, or digital driving licence. Finally, you can also print your digital road tax, or digital driving licence.

How do we show the digital road tax if the car does not belong to the driver?

That’s easy. The digital road tax can be printed and stored in the car. The owner can also share a print screen of the digital road tax with the driver.

In any case, it is not an offence if you cannot show the road tax. The enforcement agencies can check the details in their gadgets.

Why can’t I log into MyJPJ since this morning?

As with any new system, many people are naturally trying to register at the same time. There is very high traffic.

Can we still use the road tax sticker and driving licence card?

Yes, you can still the physical road tax sticker and driving licence. Motorists are offered the option to go digital, or use the physical road tax stickers and driving licence cards.

Recommended : Malaysia Adopts Digital Road Tax : Sticker Not Required!

How is enforcement carried out?

JPJ and police enforcement officers will be given a smartphone gadget with access to the SmED system. They will use the SmED system to check details of the driver and/or vehicle, using:

  • car plate number
  • MyKad number

How long will this interim digitalisation time frame last?

The Transport Ministry will give motorists until the end of 2023 at the very minimum, to register and try out the new digital road tax and digital driving licence.

During this interim period, the digital road tax and digital driving licence are still optional.

How long will this digitalisation process save government money and benefit the people?

The government will save on printing the road tax stickers and physical driving licences. This initiative is expected to save JPJ about RM 96 million a year, and the money saved will be used internally to further develop and upgrade the MyJPJ mobile app.

The public will save money, avoid queuing at JPJ branches, avoid paying third party service providers (like MyEG) or payment gateways, or paying for the delivery of their road tax stickers.

 

Please Support My Work!

Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
Bank Transfer : CIMB 7064555917 (Swift Code : CIBBMYKL)
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Did Klaus Schwab Ban Vaccinated Pilots @ WEF 2023?!

Did WEF founder Klaus Schwab ban vaccinated pilots from transporting World Economic Forum members in and out of Davos 2023?!

Take a look at the viral claim, and find out what the facts really are!

 

Claim : Klaus Schwab Banned Vaccinated Pilots From WEF 2023!

Various websites and social media users are claiming that WEF founder Klaus Schwab banned vaccinated pilots from transporting World Economic Forum members in and out of Davos 2023!

Here is one example, which is rather long, so feel free to skip to the next section for the facts!

WEF Hires Unvaccinated Pilots To Fly Them Into Davos: “Safety of Our Members Is No. 1 Priority”

Klaus Schwab has banned vaccinated pilots from transporting World Economic Forum members in and out of Davos due to the safety risk they pose.

Recommended : Died Suddenly : Anti-Vaccination Movie Lies Exposed!

 

Truth : Klaus Schwab Did Not Ban Vaccinated Pilots From WEF 2023!

This is yet another example of FAKE NEWS created and/or propagated by anti-vaccination activists, and here are the reasons why…

Fact #1 : No Evidence Vaccinated Pilots Pose Any Safety Risk

This fake news appears to be based around prior claims that vaccinated airline pilots have a high risk of dying suddenly.

It may also be fuelled by the recent baseless allegations that the FAA loosened rules on pilot EKGs because so many of them had heart problems from the COVID-19 vaccines.

In any case, there is no evidence that vaccinated pilots pose any safety risk to their passengers, whether WEF 2023 attendees flying on private jets, or regular passengers on commercial airlines.

Fact #2 : Claim Was Based On Second-Hand Information

While the article claims that there are multiple “reports”, the only source for this claim is an interview with former Jetstar pilot Alan Dana on Maria Zeee Uncensored.

Even so, Alan Dana was relaying second-hand information from someone else – Josh Yoder – the head of US Freedom Flyers – which Infowars peg as “an anti-vaccine mandate group of pilots”.

He’s getting calls now from wealthy businessmen and companies to fly their executives around on business jets with unvaccinated crew.

They get the luxury of being able to choose, because there are still a large amount of crew available in the United States who are not vaccinated because the companies they work for didn’t mandate it.

These wealthy businessmen are requiring unvaccinated crew on their business trips. Passengers on an airline who bought a ticket don’t have that luxury.

Recommended : Did FAA Admit Pilot EKGs Not Normal After Vaccines?!

Fact #3 : No Evidence Of Vaccinated Pilot Ban At Davos 2023

There is no evidence that Klaus Schwab banned vaccinated pilots from transporting World Economic Forum members in and out of Davos for WEF 2023.

Schwab is merely the founder and chairman of the World Economic Forum, and has no power over air travel policies in Switzerland. It would impossible for him to institute any ban on vaccinated pilot, even if he was so inclined.

And consider this for a moment – how would these ultra-rich WEF attendees prove that their pilots are unvaccinated? Is there an unvaccinated certificate?

Fact #4 : No Evidence WEF Hired Pilots

There is no evidence that the World Economic Forum hired pilots to transport attendees to its 2023 annual meeting.

The World Economic Forum organisation only organises the annual meeting, but does not handle the transportation or accommodation for attendees.

Fact #5 : Most WEF Attendees Do Not Fly By Private Jet

On average, about 3,000 people attend each World Economic Forum annual meeting. While many of the ultra-rich fly by private jet to Davos for World Economic Forum 2023, they are relatively few – less than 150 private jets for the first 3 days.

Most WEF attendees likely flew by commercial airlines to Zurich Airport, or if they are Europeans – took the train as recommended by WEF 2023 organisers. I mention this only because most airlines require their pilots to be fully-vaccinated.

Therefore, it would be rather pointless for Klaus Schwab to ban vaccinated pilots for private jets, when most attendees are being flown into Switzerland by vaccinated pilots on commercial airlines.

Recommended : Is Interpol Investigating Klaus Schwab For Genocide?!

Fact #6 : Josh Yoder Refuted Viral Claim!

Ironically, Josh Yoder himself – the original source – refuted the claim in a tweet on January 15, 2023! He also called for people to unfollow people making such claims!

He stated that he only said that wealthy businessmen reached out to him to look for unvaccinated pilot. He never said that it was WEF or Davos who reached out to him.

He also notably did not say that the unvaccinated were being hired to ferry those rich people to Davos for World Economic Forum 2023.

Click bait journalism is a scourge. I never said that the WEF/Davos has reached out looking for unvaccinated pilots. What I did say was that wealthy businessmen have reached out to me for that purpose. Unfollow anyone spreading this garbage.@USFreedomFlyers @TuckerCarlson

Fact #7 : No Evidence Businessmen Are Looking For Unvaccinated Pilots

Even that less dramatic claim by Josh Yoder is impossible to verify. There is no other source for his claim. Neither has other private jet pilots or companies publicly made similar claims.

It doesn’t help that Yoder himself is known for promoting conspiracy theories about COVID-19 and the vaccines.

I should point out that if these ultra-rich individuals are so concerned about COVID-19 vaccines, they would have long sought out unvaccinated pilots to fly their private jets, or engaged private jet companies with unvaccinated pilots.

They wouldn’t be hiring pilots just to fly to the World Economic Forum. There is no specific reason why there is additional risk flying to the WEF, as opposed to any other flight they would normally take.

Please help us FIGHT FAKE NEWS by sharing this fact check article out, and please SUPPORT our work!

Don’t forget to protect yourself, and your family, by vaccinating against COVID-19!

 

Please Support My Work!

Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
Bank Transfer : CIMB 7064555917 (Swift Code : CIBBMYKL)
Credit Card / Paypal : https://paypal.me/techarp

Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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CNY 2023 : No Highway Tolls On January 20-21!

The Prime Minister of Malaysia, Anwar Ibrahim, just announced that there will be no highway tolls on January 20 to 21 for Chinese New Year 2023!

 

CNY 2023 : No Highway Tolls On January 20-21!

On Wednesday, 18 January 2023, the Prime Minister of Malaysia, Anwar Ibrahim, announced that there will be no highway tolls on January 20 to 21 in conjunction with Chinese New Year 2023!

In a short public announcement, he said that the Minister of Transport and the Minister of Works took the initiative to discuss the matter with the highway concessionaires across Malaysia, and they agreed not to impose any highway tolls for two days.

The toll-free travel will apply to all types of vehicles travelling on all highways in Malaysia. The toll-free period will begin at 12:01 AM on January 20, and end at midnight on January 21, 2023.

The expected financial implication of these two days of toll-free travel is estimated to be about RM40 million (US$9.2 million).

Recommended : Every Student In Malaysia To Get RM150 BAP Aid!

The Minister of Works and the Minister of Transport took the initiative to discuss with the concessionaires, who agreed to eliminate the toll charges for the 20th and 21st (of January).

We hope that by waiving the toll charges for the two days, it will allow all Malaysians to enjoy travels during the Chinese New Year. My advice to road users is to obey the law and be safe on the road.

But please be warned that during the Chinese New Year festive season, seven traffic offences will be non-compoundable, and will be referred to the courts.

Read more : CNY 2023 : Lorry Ban + Court For Traffic Offenders!

 

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New 10% Sales Tax On Cheap Imports In April 2023!

The Malaysian government will implement a new 10% sales tax on cheap import, starting 1 April 2023!

Here is what you need to know about the new sales tax on low value goods that are imported into Malaysia!

 

New 10% Sales Tax On Cheap Imports In April 2023!

From 1 April 2023 onwards, the Royal Malaysia Customs Department (RMCD) will start collecting a new 10% sales tax on all low value goods (LVG) worth less than RM 500 that are sold online, and delivered from overseas to customers in Malaysia, except:

  • duty-free islands like Labuan, Langkawi, Tioman and Pangkor
  • designated duty-free zones in airports, etc.

The 10% sales tax will apply only on overseas low-value goods (worth less than RM 500) purchased online from 1 April 2023 onwards. It will not be imposed on delivery charges or insurance paid to import the item.

For example, if you purchase an item that costs RM 450 from an online shopping portal, with a delivery charge of RM 15.

Before 1 April 2023, you will pay only RM 465 (RM 450 for the item + RM 15 for the delivery costs).

From 1 April 2023 onwards, you will need to pay RM 510 (RM 450 for the item + RM 45 for the new 10% sales tax + RM 15 for the delivery costs).

The online shopping portal will add the new sales tax, so you are aware of the final price before purchasing the item from 1 April 2023 onwards.

Even though the sales tax does not apply to delivery charges or insurance fees, you should expect to pay close to 9%-10% extra for imported low-value goods purchased online.

It should also be noted that Malaysia implemented a 6% service tax on delivery services (except for food and beverages) in July 2022.

Read more : New Taxes On Small Online Purchases + Delivery In Malaysia!

 

New 10% Sales Tax On Cheap Imports : Frequently Asked Questions!

Here are the answers to frequently asked questions about the new 10% sales tax on low-value imported goods in Malaysia:

Question : When will the new 10% sales tax on imported low value goods begin?

The new 10% sales tax applies from 1 April 2023 onwards when you make payment, not on delivery of goods.

For example, if you purchase an item on 31 March 2023 and…:

  • pay on purchase (31 March) : you won’t have to pay the 10% sales tax, even if you eventually receive the item on April 5, 2023
  • pay on delivery : you will have to pay the 10% sales tax if the item is delivered on or after 1 April 2023.

Question : What goods are affected by the new 10% sales tax on imported low value goods?

The 10% sales tax applies to all low-value goods (worth less than RM500) purchased online, except:

  • cigarettes and other tobacco products
  • smoking pipes, including pipe bowls
  • electronic cigarettes, and similar electric vapourising devices
  • non-nicotine liquid or gel preparations used for vaping (e-cigarette smoking) devices
  • intoxicating liquor, and other imported alcohol

Recommended : Watch Out For TNG eWallet SMS Phishing Scam!

Question : If you are a LVG seller, must you register with the RMCD?

The Royal Malaysia Customs Department (RMCD) only requires such sellers to register with them:

  • sell low value goods (worth less than RM500) online,
  • that are delivered from overseas,
  • with more than RM500,000 in total sale value of low-value goods brought into Malaysia in 12 months (defined as the immediate past 12 months before registration, or the current month and the next 11 months)

The RMCD structured it this way so that only large online shops or e-commerce platforms need to register with it, to help collect the new sales tax.

If you are selling your low-value goods through an e-commerce platform like Shopee or Lazada, they will handle the sales tax on your behalf.

Question : How does the sales tax system work for sellers?

Sellers who must register with the RMCD, should do so through the MyLVG online system, using the LVG-01 form. Registration is open from 1 January 2023 onwards.

The seller is required to declare the collected sales tax to the RMCD every three months through the MyLVG system using the LVG-02 form, and pay the collected tax to the RMCD by the last day of the next month.

For example, the ABC e-commerce platform collected RM 1 million in sales tax from April to June 2023.

It must submit its LVG-02 form and pay the collected RM 1 million by 31 July 2023.

If the seller makes a mistake and overpaid the collected tax, it can apply for a refund using the LVG-03 form.

The seller can also cancel its registration using the MyLVG system, if it no longer sells low-value goods, or if the total sales value of LVG in 12 months does not exceed RM 500,000.

 

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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2023 Public + School Holidays For Malaysia!

To help you plan your holidays in the new year, here is a summary of the public and school holidays in Malaysia for 2023!

 

2023 Public Holidays For Malaysia

Here are the public holidays for Malaysia in the year 2023. Some of these days may be subject to change.

Date Day Holiday States
1 Jan Sun New Year’s Day All states except Johor, Kedah,
Kelantan, Perlis and Terengganu
2 Jan Mon All states except Johor, Kedah,
Kelantan and Terengganu
14 Jan Sat YDPB Negeri
Sembilan’s Birthday
Negeri Sembilan
22 Jan
23 Jan
Sun
Mon
Chinese New Year All states
24 Jan Tue All states except Johor, Kedah,
Kelantan and Terengganu
1 Feb Wed Federal Territory Day Kuala Lumpur, Labuan,
Putrajaya
5 Feb Sun Thaipusam Johor, Kuala Lumpur,
Negeri Sembilan, Penang,
Perak, Putrajaya and
Selangor
6 Feb Mon Kuala Lumpur, Negeri Sembilan,
Penang, Putrajaya and Selangor
18 Feb Sat Israk and Mikraj Kedah, Negeri Sembilan,
Perlis and Terengganu
19 Feb Sun Terengganu
4 Mar
5 Mar
Sat
Sun
Accession Anniversary
of Terengganu Sultan
Terengganu
23 Mar Thu Awal Ramadan Johor, Kedah and Melaka
Johor Sultan’s Birthday Johor
7 Apr Fri Good Friday Sabah and Sarawak
8 Apr Sat Nuzul al-Quran All states except Johor, Kedah,
Melaka, Negeri Sembilan,
Sabah and Sarawak
9 Apr Sun Kelantan and Terengganu
15 Apr Sat Declaration of Melaka
as a Historical City
Melaka
22 Apr
23 Apr
Sat
Sun
Hari Raya Aidilfitri All states
24 Apr Mon All states except Johor + Kedah
26 Apr Wed Sultan of Terengganu’s
Birthday
Terengganu
1 May Mon Labour Day All states
4 May Thu Wesak Day All states
17 May Wed Raja of Perlis’
Birthday
Perlis
22 May Mon Hari Hol Pahang Pahang
30 May
31 May
Tue
Wed
Harvest Festival Labuan and Sabah
1 Jun
2 Jun
Thu
Fri
Hari Gawai Sarawak
5 Jun Mon YDP Agong’s Birthday All states
18 Jun Sun Sultan of Kedah’s
Birthday
Kedah
28 Jun Wed Arafat Day Kedah and Terengganu
29 Jun Thu Hari Raya Haji All states
30 Jun Fri Kedah, Kelantan, Perlis
and Terengganu
7 Jul Fri Georgetown World
Heritage City Day
Penang
8 Jul Sat Penang Governor’s
Birthday
19 Jul Wed Awal Muharram All states
22 Jul Sat Sarawak Day Sarawak
30 Jul
31 Jul
Sun
Mon
Sultan of Pahang’s
Birthday
Pahang
23 Aug Wed Hari Hol Almarhum
Sultan Iskandar
Johor
24 Aug Thu Melaka Governor’s
Birthday
Melaka
31 Aug Thu Merdeka Day All states
16 Sep Sat Malaysia Day All states
17 Sep Sun Kelantan and Terengganu
28 Sep Thu Prophet Muhammad’s
Birthday
All states
7 Oct Sat Sabah Governor’s
Birthday
Sabah
14 Oct Sat Sarawak Governor’s
Birthday
Sarawak
3 Nov Fri Sultan of Perak’s
Birthday
Perak
11 Nov Sat Sultan of Kelantan’s
Birthday
Kelantan
12 Nov
13 Nov
Sun
Mon
Sultan of Kelantan’s
Birthday
Kelantan
12 Nov Sun Deepavali All states except Sarawak
13 Nov Mon All states except Johor,
Kedah, Kelantan, Sarawak
and Terengganu
11 Dec Mon Sultan of Selangor’s
Birthday
Selangor
24 Dec Sun Christmas Eve Sabah
25 Dec Mon Christmas Day All states
26 Dec Tue Christmas Holiday Sabah

 

2023 School Holidays For Malaysia

The COVID-19 pandemic has thoroughly screwed up the school term and holidays. Instead of starting in January and ending in December, the new term now starts in March and every year will have two “academic years”.

This is quite confusing for many of us parents, so here is a quick summary of the school holidays for the year 2023.

Read more : 2023 / 2024 Malaysia School Term + Holiday Calendar!

Group A Schools

Here are the school holidays for Group A states of Johor, Kedah, Kelantan and Terengganu.

Holiday Start End Days
2022 Year End Holiday 17 Feb 18 Mar 30
2023 Mid-Term 1 Holiday 21 Apr 29 Apr 9
2023 End-Term 1 Holiday 26 May 3 Jun 9
2023 Term 2 Holiday 25 Aug 2 Sep 9
2023 Term 3 Holiday 15 Dec 1 Jan 18

In addition, the government also announced an extra holiday for Chinese New Year in 2023.

Festival Holidays Group A Notes
Chinese New Year 22 to 24 January 2023 1 extra day

Group B Schools

Here are the school holidays for Group A states of Melaka, Negeri Sembilan, Pahang, Perak, Perlis, Penang, Sabah, Sarawak, Selangor, Kuala Lumpur, Labuan and Putrajaya.

Holiday Start End Days
2022 Year End Holiday 18 Feb 19 Mar 30
2023 Mid-Term 1 Holiday 22 Apr 30 Apr 9
2023 End-Term 1 Holiday 27 May 4 Jun 9
2023 Term 2 Holiday 26 Aug 3 Sep 9
2023 Term 3 Holiday 16 Dec 1 Jan 17

In addition, the government also announced an extra holiday for Chinese New Year in 2023.

Festival Holidays Group B Notes
Chinese New Year 20 to 24 January 2023 1 extra day

 

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He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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SBF Allegedly Hid $8 Billion In Korean Friend Account!

The CFTC just alleged that Sam Bankman-Fried (better known as SBF) hid $8 billion of Alameda liabilities in a “Korean friend” account on the FTX crypto exchange!

 

SBF Allegedly Hid $8B Liabilities In Korean Friend Account!

In the spring of 2022, Alameda Research experienced a large number of margin and loan recalls following a major downturn in the crypto markets. To meet its external debt obligations, the trading firm “greatly increased” its usage of customer funds.

By the middle of 2022, Alameda’s total fiat liability with FTX was around $8 billion. That was when, the Commodity Futures Trading Commission (CFTC) alleged, Sam Bankman-Fried (better known as SBF) directed his executives to move approximately $8 billion of Alameda liabilities into an unknown customer account, which he would later refer to as “our Korean friend’s account” and/or “the weird Korean account”.

The CFTC added that even though this was a sub-account under Alameda, it was labelled as “FTX fiat old” and did not have the usual @alameda-research.com email account identifier. Instead, it was stored in an internal account in the FTX database as “fiat@ftx.com”

This allowed the liabilities in that account to be hidden on FTX ledgers. Yet, the “Korean friend” account had the same privileges as Alameda’s other accounts, including exemption from liquidation characteristics.

Recommended : SBF Flew Business As Judge Recuses From FTX Case!

 

FTX Korean Friend Account Had Special Privileges!

The “Korean friend” account had privileges to execute a transaction on FTX, even if it did not have the funds to do so. It was accomplished through a piece of code labeled as “allow negative flag”.

Separately, Bloomberg reported on December 14, that a GitHub account under the name Nishad Singh (FTX’s former engineering director), created or annotated code linked to that “Korean friend” account.

Looking back at what SBF said about Alameda, the signs were there that Alameda Research was likely losing money hand over fist.

Back in September 2022, SBF said that they should have shut down Alameda Research a year ago – before it was hit by the crypto winter.

I only started thinking about this today, and so haven’t vetted it much yet. But I think it might be time for Alameda Research to shut down. Honestly, it was probably time to do that a year ago.

By the time he made that comment, SBF probably knew that it would be a matter of time before his house of cards came falling down…

 

Please Support My Work!

Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Air Selangor : Water Supply Almost Fully Restored!

Air Selangor just announced that water supply to 472 areas in Selangor and Putrajaya are almost fully restored!

 

Air Selangor : Water Supply Almost Fully Restored!

Since the emergency shutdown of the Sungai Semenyih Water Treatment Plant (WTP) and Bukit Tampoi Water Treatment Plant (WTP) occurred yesterday, Air Selangor has been conducting sampling tests, as it cannot restart operations at any of the two water treatment plants, until they record 0 TON three times in a row..

At 8 AM this morning, Air Selangor announced that the Threshold Odour Number (TON) has dropped to 0 for the Sungai Semenyih Water Treatment Plant (Sg Semenyih WTP), and 2 TON for the Bukit Tampoi WTP.

At around 10 AM on Christmas Day 2022, Air Selangor announced that it recorded the Threshold Odour Number (TON) level of 0 three times in a row at the Sungai Semenyih Water Treatment Plant (Sg Semenyih WTP).

At 2:30 PM, the Bukit Tampoi WTP also recorded 0 TON three times in a row, allowing that water treatment plant to restart operations,.

Air Selangor also announced that the Sungai Semenyih WTP has started pumping out clean water at 2 PM today, and will fully restore water supply by 6 AM on Tuesday, 27 December 2022.

The Bukit Tampoi WTP started producing clean water at 6 PM, and will fully restore water supply by 2 PM on Monday, 26 December 2022.

As of 10 PM on Monday, December 26, 2022, Air Selangor announced that it has restored water supply to 98% of affected areas.

Only a few areas in the Petaling district and one area in the Sepang district have not received water supply.

  • Petaling : Taman Bukit Serdang, Taman Mutiara Indah, Taman Saujana Puchong, USJ 11, USJ 12, USJ 15
  • Sepang : Taman Bandar Bukit Puchong

Read more : Water Cut In 472 Selangor + Putrajaya Areas!

 

Earlier : Air Selangor Cuts Water In 472 Areas!

At 7 AM on 24 December 2022, Air Selangor announced that it had to quickly shut down the Sungai Semenyih Water Treatment Plant (WTP) and Bukit Tampoi Water Treatment Plant (WTP), due to “odour pollution” at the Jenderma Hilir Raw Water Pump Station.

Subang Jaya assemblyman Michelle Ng later confirmed that the water cut was due “perfume essence” being dumped into the river.

The pollution this time took place in Negeri Sembilan. Perfume essence was dumped into the river. It is one of the most difficult smells to (get) rid of.

As at 10am, the ton (threshold odour number) recorded is as follows: 1 ton at Sungai Limau Manis, 1 ton 1.5km from Sungai Semenyih intake and 4 ton at Sungai Semenyih intake point.

The smell shows to be gradually reducing closer to intake; it is therefore a matter of time before 0 ton is recorded.

Until then, a total of 472 areas in Selangor and Putrajaya continue to have their water supply cut, with 172 areas in Petaling, 54 areas in Hulu Langat, 196 areas in Sepang, 23 areas in Putrajaya, and 27 areas in Kuala Langat.

Recommended : Prego Carbonara Sauce Recall In Malaysia + Singapore!

 

Please Support My Work!

Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Alert : Water Cut In 472 Selangor + Putrajaya Areas!

Air Selangor just announced an emergency water cut in 472 areas in Selangor and Putrajaya on Christmas Eve 2022!

 

Alert : Water Cut In 472 Selangor + Putrajaya Areas!

At 7 AM on 24 December 2022, Air Selangor announced that it had to quickly shut down the Sungai Semenyih Water Treatment Plant (WTP) and Bukit Tampoi Water Treatment Plant (WTP), due to “odour pollution” at the Jenderma Hilir Raw Water Pump Station.

Subang Jaya assemblyman Michelle Ng later confirmed that the water cut was due “perfume essence” being dumped into the river.

The pollution this time took place in Negeri Sembilan. Perfume essence was dumped into the river. It is one of the most difficult smells to (get) rid of.

As at 10am, the ton (threshold odour number) recorded is as follows: 1 ton at Sungai Limau Manis, 1 ton 1.5km from Sungai Semenyih intake and 4 ton at Sungai Semenyih intake point.

The smell shows to be gradually reducing closer to intake; it is therefore a matter of time before 0 ton is recorded.

Until then, a total of 472 areas in Selangor and Putrajaya continue to have their water supply cut, with 172 areas in Petaling, 54 areas in Hulu Langat, 196 areas in Sepang, 23 areas in Putrajaya, and 27 areas in Kuala Langat.

Recommended : Prego Carbonara Sauce Recall In Malaysia + Singapore!

 

472 Selangor + Putrajaya Areas Affected By Water Cut

Here is the official list of the 472 areas in Selangor and Putrajaya affected by the 2022 Christmas Eve water cut!

Petaling District

  • Bandar Baru Sri Petaling
  • Bandar Bukit Puchong
  • Bandar Pinggiran Putra
  • Bandar Puchong Jaya – Jalan Tempua
  • Bandar Puchong Utama
  • Bandar Puteri Puchong – Bandar Puteri 1-12
  • Bandar Putra Permai
  • Bukit alil
  • Desa Millennia
  • Desaminium
  • Hospital Serdang
  • Hospital UPM
  • Hotel Palace/Selangor Turf Club
  • Kampung Baru Sri Puchong
  • Kampung Batu 14 Puchong
  • Kampung Bersatu Puchong
  • Kampung Kenangan Puchong
  • Kampung Orang Asli Rasau
  • Kampung Sri Aman
  • Kampung Sri Aman Mas 1 Dan 2
  • Kampung Sri Andalas
  • Kampung Sri Langkas
  • Kampung Tengah Puchong
  • Kawasan Perindustrian Seri Kembangan
  • Kota Perdana
  • KTM Serdang
  • Laman Grand View
  • Lestari Perdana – LP1-8
  • Lestari Perdana – Apartment Sri Indah
  • Lestari Putra – Lep 1, 3-7
  • Mardi UPM
  • Mutiara Bukit Jalil
  • Nahrim
  • Pasar Borong Selangor
  • Perindustrian Bukit Serdang
  • Puchong Gateway
  • Pusat Bandar Puchong – Jalan Bandar 3-20
  • Pusat Bandar Puchong – Jalan Merbah
  • Pusat Bandar Puchong – Jalan Bandar 1-2
  • Pusat Perdagangan Seri Kembangan
  • Serdang Jaya
  • Serdang Lama
  • Seri Kembangan – SK 1-4, SK 6-13
  • Sungai Penaga Industrial Park
  • Taman Bukit Serdang – Apartment Bayu
  • Taman Bukit Serdang – Apartment Megaria
  • Taman Bukit Serdang – BS 1-4
  • Taman Bukit Serdang – BS 5/3-5/30
  • Taman Bukit Serdang – BS 6-11
  • Taman Bukit Serdang – BS 9/1-9/4
  • Taman Bukit Serdang – BS 13, 14
  • Taman Bukit Serdang – Jalan Bersatu
  • Taman Bukit Serdang – Jalan Cemara
  • Taman Bukit Serdang – Serdang Heights
  • Taman Dato Demang
  • Taman Denai Puchong
  • Taman Equine
  • Taman Gembira
  • Taman Indah Subang UP
  • Taman linma
  • Taman Kembangsari
  • Taman Muhibbah
  • Taman Mutiara Indah
  • Taman Mutiara Puchong
  • Taman Perindustrian Puchong – Jalan TPP 1, 5, 6
  • Taman Perindustrian Pusat Bandar Puchong
  • Taman Perindustrian Putra Permai
  • Taman Perindustrian Subang
  • Taman Perindustrian UEP – Jalan TP 1-7
  • Taman Pinggiran US) 13
  • Taman Puchong Hartamas
  • Taman Puchong Impian
  • Taman Puchong Intan
  • Taman Puchong Prima
  • Taman Puchong Tekali
  • Taman Puchong Utama
  • Taman Puncak Jalil – PUJ 1-9
  • Taman Putra Permai
  • Taman Saujana Puchong
  • Taman Serdang Jaya
  • Taman Serdang Perdana
  • Taman Serdang Raya – SR 1-8
  • Taman Sri Petaling
  • Taman Sri Puchong
  • Taman Sri Serdang
  • Taman Teknologi Malaysia – ASTRO
  • Taman Universiti Indah – Jalan Indah
  • Taman Universiti Indah – Apartment
  • Taman Universiti Indah
  • Taman Wawasan
  • Universiti Putra Malaysia (UPM)
  • UPM Infoport
  • UPM Veterinar
  • USJ1 – 27

Hulu Langat District

  • Bandar Bukit Mahkota
  • Bandar Puteri Bangi
  • Bandar Rinching (2,3,4)
  • Bandar Seri Putra
  • Bangi Avenue
  • Bangi Estate
  • Blue Water Estate
  • Desa Mahkota Bangi
  • Eco Majestic
  • Institut Genom Malaysia
  • Jalan Dagang Sungai Besi
  • Kampung Aman Bangi
  • Kampung Bahagia
  • Kampung Bangi
  • Kampung Batu 2, 3 & 5 Jalan Bangi
  • Kampung Bukit Kepong
  • Kampung Jalan Enam Kaki Beranang
  • Kampung Kuala Pajam
  • Kampung Machang Hilir Beranang
  • Kampung Rinching Hilir
  • Kampung Sesapan Kelubi
  • Kampung Sesapan Minangkabau
  • Kampung Sesapan Rembau
  • Kampung Sungai Jai
  • Kampung Sungai Kembung Hilir
  • Kampung Sungai Kembung Hulu
  • Kampung Sungai Sematar
  • Kampung Teras )ernang
  • Kolej Professional Mara Beranang
  • Kolej Universiti Islam Antarabangsa Selangor (KUIS)
  • Mara Japan Industrial Institude
  • Mines Resort & Heritage The Mines
  • Pekan Bangi Lama
  • Pekan Beranang
  • Perindustrian Beranang
  • Perumahan PKNS Beranang
  • Pusat Nuklear Negara
  • Rumah Murah PKNS Bangi
  • Seksyen 14 Bandar Baru Bangi
  • Seksyen 15 Bandar Baru Bangi
  • Setia Ecohill
  • Taman Angsana
  • Taman Bangi Indah
  • Taman Bangi Permai
  • Taman Bangi Villa
  • Taman Dalma
  • Taman Desa Serdang
  • Taman Gita Bayu
  • Taman Impian Putra
  • Taman Manikavasagam
  • Taman Perindustrian Mahkota Beranang
  • Taman Serene Height
  • Taman Sri Bangi Bangi Lama
  • Taman Tiara South

Sepang District

  • IPI Ayamas
  • lUKL Block
  • IWK Kota Warisan
  • Jalan Air Hitam Sungai Merab
  • Jalan Bukit Tinggi Sungai Merab
  • Jalan Haji Abdullah
  • Jalan Kemboja Kampung Dato Abu Bakar Baginda
  • alan Teratai, Cempaka Biru, Anggerik
  • Jalan Tok Morah
  • Kafe Beriani Gam
  • Kampung Dato Abu Bakar Baginda
  • Kampung Jenderam Hilir
  • Kampung lenderam Hulu
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Caroline Ellison, Gary Wang Plead Guilty To FTX Fraud!

Both Caroline Ellison and Gary Wang just pleaded guilty to criminal charges related to the collapse of the FTX cryptocurrency exchange!

 

Caroline Ellison, Gary Wang Plead Guilty To FTX Fraud!

Caroline Ellison and Gary Wang – two close partners of Sam Bankman-Fried, plead guilty to criminal charges related to the collapse of the FTX cryptocurrency exchange. They are now helping investigators with their investigations, in exchange for reduced sentencing.

The charges, guilty pleas and their cooperation with investigators occurred earlier, but was kept quiet until Sam Bankman-Fried (better know as SBF) was safely on a flight to the US from the Bahamas after he agreed to voluntary extradition.

SBF landed in New York at 10 PM local time on December 21, and Southern District of New York attorney Damian Williams announced that Caroline Ellison and Gary Wang pleaded guilty to charges “related to their roles in the fraud that contributed to FTX’s collapse”.

As I said last week, this investigation is ongoing and moving very quickly. I also said last week’s announcement would not be our last and let me be clear once again, neither is today’s.

I’m announcing that SDNY has filed charges against Caroline Ellison […] and Gary Wang […] in connection with their roles in the frauds that contributed to FTX’s collapse. Both Ms. Ellison and Mr. Wang have plead guilty to those charges and both are cooperating with the SDNY.

Caroline Ellison was the head of Alameda Research – the trading firm started by SBF, which allegedly had “a virtually unlimited line of credit” funded by FTX customers. A former Google employee and MIT graduate, Gary Wang co-founded FTX with Sam Bankman-Fried.

Ellison plead guilty to seven charges, which could result in up to 110 years of jail time. Gary Wang plead guilty to four charges. However, more charges could follow if investigators find evidence of other crimes.

Read more : SEC Charges Reveal Fraud Committed By SBF In FTX!

 

Caroline Ellison, Gary Wang Also Faces SEC Charges

These criminal charges were paired with civil charges by the US Securities and Exchange Commission (SEC), which accused Ellison, Wang and Sam Bankman-Fried of securities violations related to FTX’s cryptocurrency, FTT.

The SEC also noted that both Ellison and Wang are cooperating with its ongoing investigations.

Washington D.C., Dec. 21, 2022 — The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX), for their roles in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform co-founded by Samuel Bankman-Fried and Wang. Investigations into other securities law violations and into other entities and persons relating to the alleged misconduct are ongoing.

According to the SEC’s complaint, between 2019 and 2022, Ellison, at the direction of Bankman-Fried, furthered the scheme by manipulating the price of FTT, an FTX-issued exchange crypto security token, by purchasing large quantities on the open market to prop up its price. FTT served as collateral for undisclosed loans by FTX of its customers’ assets to Alameda, a crypto hedge fund owned by Wang and Bankman-Fried and run by Ellison. The complaint alleges that, by manipulating the price of FTT, Bankman-Fried and Ellison caused the valuation of Alameda’s FTT holdings to be inflated, which in turn caused the value of collateral on Alameda’s balance sheet to be overstated, and misled investors about FTX’s risk exposure.

In addition, the complaint alleges that, from at least May 2019 until November 2022, Bankman-Fried raised billions of dollars from investors by falsely touting FTX as a safe crypto asset trading platform with sophisticated risk mitigation measures to protect customer assets and by telling investors that Alameda was just another customer with no special privileges; meanwhile, Bankman-Fried and Wang improperly diverted FTX customer assets to Alameda. The complaint alleges that Ellison and Wang knew or should have known that such statements were false and misleading. 

The complaint also alleges that Ellison and Wang were active participants in the scheme to deceive FTX’s investors and engaged in conduct that was critical to its success. The complaint alleges that Wang created FTX’s software code that allowed Alameda to divert FTX customer funds, and Ellison used misappropriated FTX customer funds for Alameda’s trading activity. The complaint further alleges that, even as it became clear that Alameda and FTX could not make customers whole, Bankman-Fried, with the knowledge of Ellison and Wang, directed hundreds of millions of dollars more in FTX customer funds to Alameda.

The SEC is calling for a civil penalty, and a ban for Ellison and Wang to ever serve as a company director or officer, as well as “disgorgement of their ill-gotten gains”, and an injunction against future securities violations and limiting them to only buy and sell securities for their own accounts.

 

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Major Bitcoin Miner Core Scientific Files For Bankruptcy!

Core Scientific – one of the world’s largest bitcoin miner, just filed for bankruptcy protection with debts of between $1 to $10 billion!

 

Major Bitcoin Miner Core Scientific Files For Bankruptcy!

One of the world’s largest bitcoin miner, Core Scientific (NASDAQ:CORZ), just became the first publicly-listed cryptocurrency mining company to file for bankruptcy protection.

On Wednesday, December 21, 2022, Core Scientific filed for Chapter 11 bankruptcy protection at the Southern District of Texas, with estimated liabilities of between $1 to $10 billion, to around 1,000 to 5,000 creditors.

Core Scientific appears to have reached an agreement with some of its creditors before filing for Chapter 11, in what appears to be a prepackaged bankruptcy. It expects some support from its convertible potholders in the form of two debtor-in-possession (DIP) facilities worth up to $75 million.

 

Core Scientific Plans To Sell Mining Facilities Under Development

Core Scientific operates around 243,000 mining rigs, which account for about 10% of computing power on the Bitcoin network.

  • 143,000 of its own mining rigs, with 14.4 exahash per second (EH/s) capacity
  • 100,000 of hosted mining rigs for other companies, with 10 EH/s capacity

Core Scientific will continue to mine Bitcoin during its bankruptcy process, but is exploring the sale of up to one gigawatt worth of mining facilities that are under development for launch in 2023.

The likelihood of us

Core Scientific currently operates mining facilities with 850 megawatts of computing capacity.

 

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SEC Charges Reveal Fraud Committed By SBF In FTX!

FTX founder Sam Bankman-Fried, popularly known as SBF, has just been charged with fraud by the SEC.

Take a look at the charges the SEC brought against SBF, and find out what they reveal about the fraud committed at FTX!

 

FTX Founder SBF Arrested, Awaiting US Extradition!

On Monday, December 12, 2022, the Royal Bahamas Police Force arrested FTX founder, Sam Bankman-Fried who is popularly known as SBF in the cryptocurrency community.

SBF was arrested after the United States government formally notified the Bahamas government that it filed criminal charges and is likely to request his extradition.

The Attorney General of the Bahamas then ordered SBF’s arrest, to hold him in custody until a formal request for extradition comes forth. Then the Bahamas intends to process the extradition request “promptly”.

Read more : FTX Founder SBF Arrested, Awaiting US Extradition!

 

SEC Charges Reveal Fraud Committed By SBF In FTX!

On Tuesday, December 13, 2022, the US Securities and Exchange Commission (SEC) charged SBF with “orchestrating a scheme to defraud equity investors in FTX Trading Ltd. (FTX)”.

The SEC also sought injunctions against future securities law violations, an injunction against SBF participating in securities (except for his personal account), the disgorgement of his “ill-gotten gains”, a civil penalty, and barring him from being an officer or director of any company.

“We allege that Sam Bankman-Fried built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto,” said SEC Chair Gary Gensler. “The alleged fraud committed by Mr. Bankman-Fried is a clarion call to crypto platforms that they need to come into compliance with our laws.”

FTX Customer Funds Funnelled To Alameda

The SEC accused SBF of funnelling FTX customer funds to Alameda Research, which were then used to fund speculative investments, and provide large loans to Bankman-Fried and top FTX executives.

Customer Funds Used For Real Estate Purchases

SBF allegedly used the commingled funds from Alameda to pay for massive real estate purchases, including office space and luxury condominiums in The Bahamas.

“FTX operated behind a veneer of legitimacy Mr. Bankman-Fried created by, among other things, touting its best-in-class controls, including a proprietary ‘risk engine,’ and FTX’s adherence to specific investor protection principles and detailed terms of service. But as we allege in our complaint, that veneer wasn’t just thin, it was fraudulent,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement.

Recommended : Terraform CEO Do Kwon Found Hiding In Serbia!

Customer Funds Used For Political Contributions

The SEC also alleged that SBF used commingled funds to fund political contributions. He was one of the top political donors in the 2022 election cycle.

SBF Was Both Borrower + Lender

According to the SEC, Sam Bankman-Fried was both the borrower and the lender in two instances. SBF also executed more than $1 billion from promissory notes for loans from Alameda Research.

SBF Accused Of Misleading Investors

The SEC also alleged that SBF misled investors into believing that FTX was a safe and responsible crypto asset trading platform, thus allowing FTX to raise more than $1.8 billion in funds from 90 US investors.

FTX Exposure To Alameda Not Disclosed

The SEC also alleged that Sam Bankman-Fried failed to disclose FTX’s deep exposure to Alameda, or how he was diverting FTX customer funds to Alameda for its own trading operations, or other purposes that SBF saw fit.

There was no meaningful distinction between FTX customer funds and Alameda’s own funds. Bankman-Fried thus gave Alameda carte blanche to use FTX customer assets for its own trading operations and for whatever other purposes Bankman-Fried saw fit.

Recommended : Binance Smart Chain Halts After $100M Crypto Theft!

The complaint alleges that, in reality, Bankman-Fried orchestrated a years-long fraud to conceal from FTX’s investors

(1) the undisclosed diversion of FTX customers’ funds to Alameda Research LLC, his privately-held crypto hedge fund;

(2) the undisclosed special treatment afforded to Alameda on the FTX platform, including providing Alameda with a virtually unlimited “line of credit” funded by the platform’s customers and exempting Alameda from certain key FTX risk mitigation measures; and

(3) undisclosed risk stemming from FTX’s exposure to Alameda’s significant holdings of overvalued, illiquid assets such as FTX-affiliated tokens.

The complaint further alleges that Bankman-Fried used commingled FTX customers’ funds at Alameda to make undisclosed venture investments, lavish real estate purchases, and large political donations.

In addition to the SEC charges, the US Attorney’s Office for the Southern District of New York and the Commodity Futures Trading Commission (CFTC) also announced charges against Sam Bankman-Fried.

 

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FTX Founder SBF Arrested, Awaiting US Extradition!

FTX founder Sam Bankman-Fried, popularly known as SBF, has just been arrested in the Bahamas, and is awaiting extradition by US authorities!

 

FTX Founder SBF Arrested, Awaiting US Extradition!

On Monday, December 12, 2022, the Royal Bahamas Police Force arrested FTX founder, Sam Bankman-Fried who is popularly known as SBF in the cryptocurrency community.

SBF was arrested after the United States government formally notified the Bahamas government that it filed criminal charges and is likely to request his extradition.

Attorney Damian Williams for the United States Attorney’s Office for the Southern District of New York (SDNY) confirmed that the request was made by the US government based on a sealed indictment filed by the SDNY.

The Attorney General of the Bahamas then ordered SBF’s arrest, to hold him in custody until a formal request for extradition comes forth. Then the Bahamas intends to process the extradition request “promptly”.

When unsealed, charges that SBF potentially face include wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering. SBF could potentially face a life sentence in prison.

 

FTX Founder SBF Arrested : Official Statement

Here is the official statement issued by the Office of the Attorney General & Ministry of Legal Affairs, of the Commonwealth of The Bahamas.

Statement from the Attorney General of The Bahamas Sen. Ryan Pinder KC on the arrest of Sam Bankman-Fried

On 12 December 2022, the Office of the Attorney General of The Bahamas is announcing the arrest by The Royal Bahamas Police Force of Sam Bankman-Fried (“SBF”), former CEO of FTX.

BF’s arrest followed receipt of formal notification from the United States that it has filed criminal charges against BF and is likely to request his extradition.

As a result of the notification received and the material provided therewith, it was deemed appropriate for the Attorney General to seek BF’s arrest and hold him in custody pursuant to our nation’s Extradition Act.

At such time as a formal request for extradition is made, The Bahamas intends to process it promptly, pursuant to Bahamian law and its treaty obligations with the United States.

Responding to BF’s arrest, Prime Minister Davis stated, “The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law. While the United States is pursuing criminal charges against BF individually, The Bahamas will continue its own regulatory and criminal investigations into the collapse of FTX, with the continued cooperation of its law enforcement and regulatory partners in the United States and elsewhere.

December 12, 2022
Office of The Attorney General & Ministry of Legal Affairs
Commonwealth of The Bahamas

 

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Terraform CEO Do Kwon Found Hiding In Serbia!

South Korean authorities just confirmed that Terraform CEO Do Kwon has been hiding out in Serbia!

Here is what you need to know!

 

Terraform CEO Do Kwon Found Hiding In Serbia!

South Korean authorities just confirmed that Do Kwon is hiding out in Serbia, and will be working with Serbian authorities to detain him.

The 31 year-old Terraform CEO was charged with fraud and breaches of the South Korean capital markets law after his company’s TerraUSD stablecoin and Luna cryptocurrency crashed in May 2022.

He fled Singapore in September to an unknown country, and has been on the run since, even though he denied trying to run away.

I am not ‘on the run’ or anything similar – for any government agency that has shown interest to communicate, we are in full cooperation and we don’t have anything to hide.

According to a 11 December report by Chosun Media, South Korean authorities received a tip-off about Do Kwon’s location in Serbia, and were able to confirm it.

Recently, we obtained intelligence that CEO Kwon was in Serbia, and it was found to be true.

South Korea and Serbia do not have an extradition treaty with each other, but both countries have agreed to requests under the European Convention on Extradition.

 

Terraform CEO Do Kwon : A Quick Refresher!

Do Kwon (born Kwon Do-Hyung on 6 September 1991) is the South Korean co-founder and CEO of Singapore-based Terraform Labs, which created the stable coin TerraUSD and the Luna cryptocurrency.

Both TerraUSD and Luna collapsed in May 2022, wiping out almost $45 billion of its market capitalisation in just one week, while causing hundreds of billions of dollars to be wiped out in the crypto market.

With approximately 200,000 South Korean investors affected by the crash of TerraUSD and Luna, the South Korean government announced that it would pursue criminal charges against Do Kwon. However, Do Kwon moved to Singapore in April – just before the crash.

On September 14, the Seoul Southern District Prosecutor’s Office issued an arrest warrant against Do Kwon for allegedly committing fraud and violating South Korea’s capital market laws.

Unfortunately, Do Kwon left Singapore around that time, flying to Dubai on the way to an unknown country.

Interpol then issued a Red Notice for Do Kwon on September 26, and the South Korean Ministry of Foreign Affairs ordered him to surrender his passport on 6 October 2022, to which he responded:

Oh, I’m not using it anyway, so it doesn’t, I can’t see how that makes a difference to me.

In addition to Do Kwon, South Korean authorities also issued arrest warrants for five other people, who have not been named, over links to the TerraUSD stablecoin and the Luna cryptocurrency token.

 

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Public Bank Founder Teh Hong Piow Dies At 92

Public Bank founder and Chairman Emeritus Teh Hong Piow died today, at the age of 92.

 

Public Bank Founder Teh Hong Piow Dies At 92

Public Bank just announced that its founder and Chairman Emeritus, Tan Sri Teh Hong Piow died peacefully at 10:20 AM today, 12 December 2022, at the age of 92.

Teh Hong Piow was born in Singapore on 14 March, 1930, and studied at the Anglo Chinese School there. He began his banking career in 1950, as a clerk in the Overseas-Chinese Banking Corporation Ltd.

Ten years later, he joined Malayan Banking as a manager, and in 1964, was promoted to the position of general manager at just 34 years of age.

Teh left Malayan Banking two years later to set up Public Bank on 6 August 1966, with its first branch at Jalan Gereja, Kuala Lumpur. Several months later, Public Bank was listed on the Kuala Lumpur Stock Exchange on April 6, 1967.

He stepped down as Public Bank CEO in July 2002, and was appointed as a non-executive chairman. He retired in December 2018, and was conferred the title of Chairman Emeritus in January 2019 and remained a non-executive director.

Teh Hong Piow was ranked 4th in the Forbes list of richest men in Malaysia, with a fortune worth US$5.7 billion (RM25 billion).

He leaves behind his wife, Puan Seri Tay Sock Noy, whom he married in 1956, and their four children.

 

Public Bank Statement On Death Of Founder Teh Hong Piow

On 12 December 2022, Public Bank CEO Tan Sri Dato’ Sri Dr. Tay Ah Lek released this statement on the death of the bank’s founder and Chairman Emeritus:

Announcing the Demise of YBbg. Tan Sri Dato’ Sri Dr. Teh Hong Piow

It is with deep sorrow we announce that our Chairman Emeritus, Tan Sri Dato’ Sri Dr. Tch Hong Piow, the Founder of Public Bank, has passed away peacefully at 10:20 am today at the age of92. Tan Sri Teh’s passing is a great loss to the Public Bank Group. On behalf of the Board, Management and staff of the Public Bank Group, we extend our most heartfelt condolences and deepest sympathies to Tan Sri Teh’s family.

Tan Sri Teh founded Public Bank in 1965 at the age of 35. He was appointed as the Chief Exccutive Officer and Managing Director of Public Bank since its commencement of business operations on 6 August 1966. He relinquished his CEO position and was re-designated as Non-Executive Chairman of Public Bank on 1 July 2002. He retired as the Non-Executive Chairman of Public Bank on 31 December 2018, and was conferred the title of Chairman Emeritus and Adviser of Public Bank on 1 January 2019, and remained as a Non-Executive Director on the Board of Public Bank.

 

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US Intel : Xi Jinping Won’t Accept Western Vaccines!

According to US intelligence, Chinese President Xi Jinping is still unwilling to accept Western vaccines to fight recent surges in COVID-19 infections!

 

US Intel : Xi Jinping Won’t Accept Western Vaccines!

Speaking at the annual Reagan National Defense Forum in California, US Director of National Intelligence Avril Haines said that Chinese President Xi Jinping is unwilling to accept Western vaccines despite the recent surges in COVID-19 infections.

[Xi Jinping] is unwilling to take a better vaccine from the West, and is instead relying on a vaccine in China that’s just not nearly as effective against Omicron.

Seeing protests and the response to it is countering the narrative that he likes to put forward, which is that China is so much more effective at government.

It’s, again, not something we see as being a threat to stability at this moment, or regime change or anything like that. How it develops will be important to Xi’s standing.

Avril Haines’ comments corroborate what US officials have said earlier. The White House said earlier in the week that China had not asked the United States for vaccines.

One US official also told Reuters there was “no expectation at present” that China would approve western vaccines.

It seems fairly far-fetched that China would greenlight western vaccines at this point. It’s a matter of national pride, and they’d have to swallow quite a bit of it if they went this route.

Recommended : Apple To Move MORE iPhone Production Out Of China!

 

China Relaxes Zero COVID, But Western Vaccines Are Critical!

The Chinese government recently relaxed some of its Zero COVID policies, lifting some lockdown measures and restrictions in major cities.

Chinese Vice Premiere Sun Chunlan also told health officials to take a “human-centred approach”, and called for China to enhance its “diagnosis, testing, treatment and quarantine” measures, while boosting vaccination rates especially for its senior citizens”.

However, if US intelligence is correct that President Xi Jinping refuses to accept Western vaccines, it will be difficult for China to open up without a significant number of its citizens being hospitalised or dying from COVID-19.

China has, so far, refused to approve any foreign COVID-19 vaccines, relying exclusively on its domestic vaccines, which have been far less efficacious from the start.

They are now even less effective against the highly-contagious Omicron variant, which would likely mean in many more cases of breakthrough infections.

Even worse – with so few infections in the past three years, there is less opportunity to boost immunity for Chinese citizens vaccinated with less efficacious vaccines from Sinovac and Sinopharm.

While many countries around the world have started opening up after achieving a reasonable amount of vaccinations coupled with infections, it will be very difficult (if not impossible) for China to do the same without introducing booster doses using more efficacious Western vaccines.

Read more : China Lifts Some COVID-19 Restrictions Over Protests!

 

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Apple To Move MORE iPhone Production Out Of China!

Apple has accelerated its plans to leave Zhengzhou in China, where the massive iPhone City manufacturing zone is located!

 

Apple To Move MORE iPhone Production Out Of China!

As anti-government protests continue across China, Apple is accelerating its plans to leave Zhengzhou – where the massive iPhone City manufacturing zone is located!

Apple CEO Tim Cook is now eyeing Vietnam and India as new manufacturing hubs to replace Zhengzhou, where Foxconn workers earlier fled amidst repeated protests.

According to the Wall Street Journal, Apple now plans to move to 45% of iPhone production to factories in India, and ramp up production of its MacBooks, Apple Watches and AirPods in Vietnam.

Those moves come with serious challenges as Apple faces having to deal with different regional government bureaucracies in India.

Meanwhile, Vietnam only has 10% of China’s population, and can only handle a 60,000 person factory – far smaller than the 300,000 person “iPhone City” in Zhengzhou.

So Apple is still considering switching to other suppliers in China – Luxshare Precision Industry Co. and Wingtech Technology Co., although these alternate plans may be jeopardised by the Chinese government’s persistence with its Zero COVID policy.

Read more : China Lifts Some COVID-19 Restrictions Over Protests!

 

Apple Earlier Planned To Move iPhone Production Out Of China!

While Apple had been planning the move for months due to the Chinese government’s insistence on Zero COVID policy, the recent uprisings at its Zhengzhou manufacturing hub has accelerated those plans.

In November, iPhone City in Zhengzhou erupted in violent protests by Foxconn employees over strict Zero COVID policies and pay disputes, prompting a lockdown.

This forced Foxconn to offer $1,400 to quit their jobs, and later, a $1,800 bonus to stay. Even so, manufacturing at Zhengzhou is down to about 20% of its capacity.

Foxconn has tried to shift some of its production to its Shenzhen factory, but it cannot make up the shortfall, which is reported to be as much as 6 million iPhone Pro smartphones.

Things got so bad the Chinese government even called on military veterans and CCP members to work at the iPhone City factories as volunteers!

 

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China Lifts Some COVID-19 Restrictions Over Protests!

China abruptly lifted COVID-19 restrictions in several Chinese cities, after large protests erupted in at least seventeen cities.

 

China Lifts Some COVID-19 Restrictions Over Protests

The CCP government of China has been cracking down on protests that have spread to at least seventeen cities, but its resolve appear to have cracked a little.

The authorities in the major cities of Shanghai, Guangzhou, Chongqing and Zhengzhou abruptly lifted COVID-19 lockdown measures and restrictions.

On Wednesday afternoon, 30 November 2022, Chinese authorities announced the lifting of lockdowns in four districts in Guangzhou, and instructed local officials to remove “temporary control orders” and to predesignate those areas as “low risk”. They also announced an end to mass PCR testing for COVID-19.

Both Guangzhou and Chongqing also announced that close contacts of COVID-19 positive people will be allowed to quarantine at home instead of being forcibly taken to a quarantine centre, subject to certain conditions.

Shanghai – China’s largest and most affluent city, announced that the lockdown of 24 high-risk areas across 11 of its districts would be lifted on Thursday, 1 December 2022.

The city of Zhengzhou – the location of the massive iPhone factory and earlier protests, announced the “orderly” resumption of business, including markets, supermark1ets, restaurants and cinemas. While lifting COVID-19 restrictions in general, they published a list of buildings that would remain under lockdown.

Read more : How Apple Helps China Limit Protests Using AirDrop!

 

China Could Quietly Kill Zero COVID Policy Over Protests

China could be preparing to quietly “kill” its Zero COVID policy that had been the hallmark “achievement” of President Xi Jinping.

On Wednesday, 30 November 2022, Vice-Premier Sun Chunlan – China’s most senior official in charge of its COVID-19 response, told health officials that the country faced “a new stage and mission” in pandemic control.

She noticeably did not mention the Zero COVID policy, but said that the National Health Commission (NHC) should take a “human-centred approach”, in an apparent nod to the anti-government protests that have wracked multiple Chinese cities.

Sun also called for China to enhance its “diagnosis, testing, treatment and quarantine” measures, while boosting vaccination rates especially for its senior citizens, and beef up medication and medical resources.

This appears to suggest that the Chinese authorities are at least thinking of further loosening its strict Zero COVID measures, if not killing it completely.

Read more : iPhone Factory Under Lockdown, As Employees Flee!

Her comments come a day after top Chinese health officials pledged to change COVID-19 control measures to reduce their impact on people’s lives.

Chinese National Health Commission (NHC) officials said that lockdowns to suppress the spread of COVID-19 should be lifted “as quickly as possible” during outbreaks.

Cheng Youquan – a director at the Chinese Center for Disease Control and Prevention, said that some control measures were implemented “excessively” by local officials taking a “one size fits all” approach, without regard for people’s demands.

NHC officials also announced an “action plan’ to boost vaccination rates amongst the elderly, which would be necessary if China is to reopen the country.

As of November 28, about 90% of Chinese population received two doses of a COVID-19 vaccine, but only 66% of people over 80 have done so. A very high vaccination rate is critical, because Chinese vaccines have much lower efficacy than Western vaccines.

 

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Is US Stealing TSMC Chip Technologies From Taiwan?!

Is the US stealing advanced TSMC chip technologies from Taiwan, in the biggest international heist ever?!

Take a look at the viral claim, and find out what the facts really are!

 

Claim : US Is Stealing TSMC Chip Technologies From Taiwan!

This message has gone viral on WhatsApp and social media, claiming that two US professors have declared that the US is stealing Taiwan’s most advanced TSMC chip technologies!

It’s very long, so please feel free to skip to the next section for the facts!

Professor Ling-Chi Wang of UC Berkeley: I think the only way to describe what is happening to TSMC 台積电 in Hsinchu, Taiwan is to call it the biggest international heist, in broad daylight, of Taiwan’s biggest and most valuable manufacturing facility and intellectual property theft, estimated to be worth 4% of Taiwan’s GNP, considered by the people of Taiwan to be their 护国神山, ever undertaken in human history by the U.S. government.

Recommended : How Biren Got Its Own AI Chips Banned At TSMC!

 

Truth : US Is NOT Stealing TSMC Chip Technologies From Taiwan!

This is yet another example of FAKE NEWS created by the Chinese 50 Cent Army (wumao, 五毛), and shared by pro-CCP netizens, and here are the reasons why…

Fact #1 : No Evidence Professor Ling-Chin Wang Wrote It

First, let’s establish some basic facts about Professor Ling-Chi Wang. He is an ethnologist (not technologist), which means he studies and teaches about cultures and societies, not chips or technology.

He is also a Professor Emeritus of Asian American and Asian Diaspora Studies at UC Berkeley, which means he is retired.

There is no evidence that Professor Ling Chin-Wang wrote any part of the viral message. He is not on Facebook, and he has not posted anything on his official LinkedIn page either.

The earliest and most complete example of this viral message appears to be written by a Chinese writer called Yu Ligong, who posted it on Facebook on 24 November 2022.

Fact #2 : No Evidence Professor John V. Walsh Wrote It

John V. Walsh was a professor of physiology and neuroscience at the University of Massachusetts Chan Medical School. He has since retired.

He writes on issues of peace and healthcare, but there is no evidence he actually wrote that small section about turning Taiwan into a porcupine of American weapons, or Ukraine 2.0.

Again, the earliest example appears to be the Facebook post by the Chinese writer, Yu Ligong.

Recommended : How NVIDIA A800 Bypasses US Chip Ban On China!

Fact #3 : TSMC Is Not Shifting Their Existing Fabs To US

The viral post falsely claims that the US government paid billions to relocate TSMC to the United States, airlifting its manufacturing facility to Arizona.

That’s not true – TSMC will still remain in Taiwan, where most of its fabs are located. The new Arizona fab will merely be another one of its many fabs. That’s why it’s known as Fab 21.

It is also impossible to “airlift” a semiconductor fabrication plant. Have you seen how massive it is?

Fact #4 : TSMC Owns Arizona Fab 21

The viral post falsely claims that the US government is robbing Taiwan of its prized intellectual property – TSMC’s most advanced chip technologies.

That’s patently false, because TSMC isn’t building a semiconductor plant for the US government. TSMC is building a new fab in Arizona, which it will fully own.

The TSMC Arizona plant, when fully completed, will be one of the most advanced semiconductor fabs in the world, producing both 3-nanometer and 5-nanometer chips.

Recommended : iPhone Factory Under Lockdown, As Employees Flee!

Fact #5 : TSMC Owns Its Intellectual Property

Regardless of where it builds its wafer fabs, TSMC continues to own its intellectual property, except possibly in China.

This was pointed out by Intel CEO Pat Gelsinger in his June 2022 op-ed arguing for more subsidies for American chipmakers.

… foreign chipmakers vying for U.S. subsidies will keep their valuable intellectual property on their own shores, ensuring that the most lucrative and cutting-edge manufacturing stays there and requiring the U.S. to make the difficult choice between forgoing the advanced chips necessary for critical national security applications or relying on insecure, foreign supply chains for them.

Unlike China, the United States does not demand technology transfers to gain access to its massive market. So no, the US does not gain TSMC’s intellectual properties just because it subsidises Fab 21 in Arizona.

It may be different in China, where the CCP government is notorious for insisting on technology transfers.

Fact #6 : TSMC Arizona Is Second US Fab

TSMC Arizona isn’t even the first semiconductor plant the Taiwanese company built in the United States.

Back in 1995, TSMC started work on a $1.2 billion semiconductor plant called Fab 11 at Camas, Washington, which produces 8-inch wafers.

Fact #7 : TSMC Has Two Fabs In China!

If the writer believes that building a fab overseas means that the foreign country owns TSMC’s intellectual property, then it would mean that China “stole” TSMC’s intellectual property as well.

That’s because TSMC has not one, but TWO wafer fabs in China!

  • Fab 10 in Shanghai, which produces 200 mm wafers
  • Fab 16 in Nanjing, which produces 300 mm wafers

In April 2021, TSMC announced that it would expand capacity at their Nanjing fab, which it would also upgrade to produce smaller 16 nm chips.

Recommended : Apple Freezes Use Of China’s YMTC NAND Chips!

Fact #8 : This Is Just Chinese Propaganda

This is just another example of Chinese propaganda created by the infamous Chinese 50 Cent Army (wumao, 五毛).

All of the wumao articles and videos that I looked at so far have proven to be false… at every instance. So please watch out for such false claims.

Please help us fight fake news – SHARE this article, and SUPPORT our work!

 

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He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Why Kelana Jaya LRT Line Shuts Down For 1 Week!

Find out why Rapid KL shut down the Kelana Jaya LRT line for a whole week!

 

Kelana Jaya LRT Line Shuts Down For 1 Week!

At 4:55 AM on 9 November 2022, Rapid KL announced that they are suspending sixteen stations on the Kelana Jaya LRT line for 7 days!

In addition, all other LRT stations will end their services earlier at 11 PM. Here is their official notice, with my English translation:

Kemaskini Gangguan Perkhidmatan LRT Laluan Kelana Jaya:

16 stesen LRT dari Stesen Kelana Jaya hingga Stesen Ampang Park digantung operasi selama 7 hari bermula hari ini.

Lain-lain stesen beroperasi seperti biasa dan akan menamatkan perkhidmatan lebih awal iaitu pada jam 11 malam.

Terima kasih

Kelana Jaya Line LRT Service Interruption Update:

16 LRT stations from Kelana Jaya Station to Ampang Park Station are suspended for 7 days starting today.

Other stations will operate as usual and will end services earlier at 11pm.

Thank you

 

Kelana Jaya LRT Line Disruption Caused By ATC System

At a special media briefing at 10:30 AM on Wednesday, 9 November 2022, Prasarana CEO Mohd Azharuddin Mat Shah stated that the disruption of the Kelana Jaya LRT line was due to faulty electronic components in its Automatic Train Control (ATC) system.

The disruption, which resulted in the loss of signal between the control centre and also the trains caused the trains to be dysfunctional automatically between the Kelana Jaya station and the Ampang Park station.

This is a serious problem that has never happened before. Rapid Rail is assisted by a special team from original equipment manufacturer (OEM) Thales Group from Toronto, Canada, to find short and long-term solutions. This includes tests on existing devices and software.

Efforts will be made by RapidRail to address the problem. Free feeder bus service will be provided for passengers and to reduce congestion at the affected stations.

He said that as of 11 AM today, Rapid KL has provided 69 feeder buses to ferry passengers for free on the Kelana Jaya LRT route.

The 7-day shut down will give Rapid KL engineers time to analyse and identify the problem, and hopefully solve the problem long enough for an ATC replacement to be completed.

In response to a question, Prasarana CEO Mohd Azharuddin Mat Shah said that they had already foreseen the need to replace the ATC system because it’s at the end of its lifespan, and will upgrade it after this incident.

However, he shared that the RM150 million ATC system replacement will take a few months.

Recommended : Where + How To Renew Driving Licence In Malaysia!

 

Kelana Jaya Line LRT Line Has Been Problematic Lately

The Kelana Jaya line has been beset by problems since Saturday, 5 November, but the biggest problems were seen in the last 2 days.

Rapid KL had to issue a flurry of social media updates, and send out shuttle buses, as frustrated passengers waited futilely at LRT stations for hours.

Monday, 7 November 2022

11:47 AM : Rapid KL reported technical issues between KLCC and Ampang Park.

12:17 PM : Rapid KL sent buses to ferry passengers after LRT service between Pasar Seni and Damai apparently broke down.

1:15 PM : Rapid KL stopped all trains between Kelana Jaya and KLCC, for 30 minutes at 1:10 PM.

1:26 PM : Rapid KL sent buses to ferry passengers from the Pasar Seni, Damai and Ara Damansara stations.

2:12 PM : Rapid KL reported that it fixed problems with the LRT service at 1:40 PM, and the service was being reinstated in stages.

2:20 PM : Rapid KL reported that the Kelana Jaya LRT line was fully operational, with a normal schedule.

3:43 PM : Rapid KL reported technical issues between KLCC and Ampang Park again.

4:38 PM : Rapid KL sent buses to ferry passengers after LRT service at Damai, KLCC and Pasar Seni stations apparently ceased.

4:51 PM : Rapid KL said that the Kelana Jaya LRT trains are being reinstated in stages.

8:48 PM : Rapid KL reported technical issues between KLCC and Kelana Jaya.

8:56 PM : Rapid KL shut down LRT service between KLCC and Kelana Jaya, and asked passengers to look for alternative transportation.

10:12 PM : Rapid KL shut down service between Ampang Park and Kelana Jaya, and asked passengers to look for alternative transportation.

11:04 pM : RapidKL announced that it will shut down service between Gombak and Kelana Jaya at 11:15 PM.

Tuesday, 8 November 2022

6:07 AM : Rapid KL reported that service on the Kelana Jaya LRT line has been fully restored.

12:33 PM : Rapid KL announced that the Kelana Jaya LRT line has been experiencing problems since Saturday, 5 November 2022 due to an unstable Automatic Train Control (ATC) system, forcing the trains to be driven manually. It also announced that their management has decided to change the ATC system completely – a process that will take a few months to complete.

3:32 PM : Rapid KL reported technical issues between KLCC and Kelana Jaya yet again.

3:52 PM : Rapid KL shut down service between KLCC and Kelana Jaya, and asked passengers to look for alternative transportation.

4:49 PM : Rapid KL shut down LRT service between Ampang Park and Kelana Jaya.

9:40 PM : Rapid KL announced that the entire Kelana Jaya LRT line will stop operating at 11 PM.

 

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SAP: Malaysian Companies Yet To Gain From Sustainability Plans

New research from Oxford Economics and SAP has revealed that Malaysian companies have yet to gain from their sustainability plans.

 

SAP: Malaysian Companies Yet To Gain From Sustainability Plans

Sustainability goals are a key part of any company’s Environmental, Social and Governance (ESG) efforts, but many companies still find it difficult to derive significant value from their sustainability strategies.

Verena Siow, President and Managing Director of SAP South East Asia, share key findings from new research from Oxford Economics and SAP that showed that Malaysian companies have yet to gain from their sustainability plans.

While 60% of businesses don’t think it’s difficult to be sustainable and profitable at the same time, just 4% say that they actually benefited significantly from their sustainability strategies.

That may be due to a disconnect between the organisations’ plans and its actions. While 63% of Malaysian businesses have a clearly communicated sustainability plan, only 23% have incentivised leaders to achieve those goals, and only 33% say that their employees are active participants in their efforts.

Recommended : NetApp BlueXP : A New Unified Hybrid MultiCloud Control Plane!

It is an encouraging sign that businesses across South East Asia are increasingly mindful of sustainability practices along their entire supply chain, including those of their suppliers.

There is no time to waste to move beyond strategy and to achieve real, tangible results. In three years, almost a third of businesses expect significant value from their sustainability strategy – and we believe that with the right focus, this number can be even higher.

Public, private and plural partnerships are quintessential to affect the required change for a green economy in ASEAN. Business leaders in South East Asia should not perceive sustainability action as a risk mitigation measure only. It is an opportunity to realize new sustainable revenue streams, find new efficiencies, and build new business models based on low-emission, circular, and ultimately regenerative concepts to benefit both the organization and for our society at large.

 

Regulatory Compliance : Sustainability Driver + Challenge In Malaysia

Sustainability strategies are largely driven by regulatory compliance in Malaysia, with survey respondents noted that these are the primary drivers in their businesses:

  • the threat of regulatory mandates : 52%,
  • operational efficiencies : 54%, and
  • market reputation (48%).

That focus aligns with regulatory compliance being the second biggest benefit derived from sustainability so far (39%), behind only reduced carbon emissions.

It’s clear that organisations may need to refocus their strategies to achieve greater value from sustainability. Too much focus on compliance was cited as the third highest challenge to sustainability success by Malaysian respondents, trailing only the lack of reinvention of business strategy and ineffective data.

 

Data Is Key To Improving Sustainability Outcomes

According to the survey, the key to improving sustainability outcomes will be the effective use of organisational data to make more informed decisions.

Accurate data was ranked as among the most significant activities to help reach carbon reduction goals, only trailing sustainable sourcing and monitoring energy among respondents.

Unfortunately, ineffective data for decision-making is considered a moderate challenge for 75% of Malaysian businesses. The research also found that:

  • less than a quarter (23%) businesses have calculated their total organisational carbon output,
  • although a majority (77%) have begun the process in some areas.

Of the businesses who have made begun measuring their carbon, only 33% actually made changes to their processes based on the data. More obviously needs to be done.

Just over a third (35%) of Malaysian respondents said they had invested in data analysis to measure sustainability in their business, while half (50%) said they were training staff how to capture sustainability data.

Recommended : Chop Cheong Bee Now A Leader In Smart Farming!

 

Malaysian Companies Need Sustainability Leadership

Action on sustainability is needed urgently in Malaysia, and has to be driven from the top down.

Beyond the impact on the environment, just 21% of Malaysian businesses say that their workforces are not even aware that missing sustainability targets will drive customers to their competitors.

Businesses that have obtained value from their efforts have these qualities :

  • they set clear expectations at the strategic level,
  • they apply the transformative power of technology and data management, and
  • they engage with important audiences such as employees, supply chain partners and policymakers.

“Sustainability leaders go beyond vision to ensure that sustainability initiatives are acted upon,” said Edward Cone, editorial director, Oxford Economics. “They communicate with key constituencies both inside and outside the company, and they use integrated technologies to measure and track performance in a way that drives accountability.”

 

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iPhone Factory Under Lockdown, As Employees Flee!

The massive iPhone factory in Zhengzhou is now under another COVID-19 lockdown, after thousands of employees fled!

 

iPhone Factory Now Under COVID-19 Lockdown!

On Wednesday, 2 November 2022, China placed the Zhengzhou Airport Economy Zone under a new COVID-19 lockdown. This is where Foxconn has its largest iPhone factory, employing about 200,000 workers

The Zhengzhou industrial zone, located in the Henan province, was placed under “silent management” measures with immediate effect, and last for one week – until November 9, 2022.

  • all residents are barred from going out
  • only approved vehicles are allowed on the road

Foxconn said in a statement that its campus will continue operating under a “closed loop” management system, in which employees sleep, live and work in a bubble, isolated from the rest of Zhengzhou and the world.

A source with direct knowledge of the matter told Reuters that such a lockdown could cut production of Apple iPhones by as much as 30%, and that Foxconn was working to boost production at their Shenzhen factory to make up for the shortfall.

Read more : Apple Freezes Use Of China’s YMTC NAND Chips!

 

Employees Have Been Fleeing iPhone Factory For Days!

For several days now, Foxconn employees have been fleeing the Zhengzhou factory, after some workers were placed under quarantine following a COVID-19 outbreak.

The Foxconn employees also complained of poor food quality, and a lack of medical care for those who tested positive.

On Sunday, 30 October, Foxconn said that it would not stop them from leaving, and many workers chose to walk back to their hometowns.

Videos of those employees climbing over fences, and walking away from the factory went viral. So did photos and videos of those Foxconn workers trekking across fields in the day, and long roads at night.

Some people were walking amid wheat fields with their luggage, blankets and quilt. I couldn’t help but feel sad.

Those videos galvanised volunteers from nearby villages to put out food and drinks for the workers. Foxconn and several local governments finally arranged transportation for them.

Workers who were transported back to their hometowns were quarantined on arrival. A belated measure that should have been initiated earlier.

 

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He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

[/su_note]

 

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How Biren Got Its Own AI Chips Banned At TSMC!

TSMC stopped making artificial intelligence chips for China’s Biren Technology, and it was all Biren’s own fault!

 

TSMC Stops Making Biren AI Chips Over US Sanctions

TSMC – Taiwan Semiconductor Manufacturing Company – has suspended production of advanced artificial intelligence (AI) chips for China’s Biren Technology.

TSMC was forced to make this decision after public domain information revealed that the Biren BR100 and BR104 chips outperformed the NVIDIA A100 chip, which was used as the baseline of US sanctions.

While TSMC has not reached a conclusion on whether the top-of-the-line Biren BR100 or the slower BR104 meet or exceed US government threshold on advanced AI chip technology restrictions, it decided to stop production and supply of the Biren chips for now.

For TSMC to continue producing BR100 or BR104 chips, Biren must now prove that their chips do not offer “peak performance and chip-to-chip I/O performance equal to or greater than thresholds that are roughly equivalent to the [NVIDIA] A100“, or get an export licence from the US Department of Commerce.

And believe it or not – it was Biren Technology that created this mess for itself!

 

How Biren Screwed Up Its Own BR100 AI Chips

Biren, which is one of China’s most promising semiconductor design firms, earlier claimed that its AI chips that were being produced by TSMC are not covered by the latest US export restrictions.

However, its own website touts that the BR100 family of chips offers “world-class performance“, and has “improved by more than 3X” compared to mainstream rivals.

On top of that, Biren actually released a press statement on September 9, 2022, declaring that the slower BR104 was proven by the MLPerf to beat the NVIDIA A100!

Releasing such a statement less than 2 weeks after the US government ordered both AMD and NVIDIA to stop exporting their MI250 and A100 and faster AI chips to China is either amazing chutzpah, or a combination of hubris and idiocy.

Either way, the US government took notice, and TSMC came under pressure to comply with American export restrictions. Awesome PR, but stupid move, Biren…

Take a look at the benchmark results that Biren itself released into public domain, showing that the slower BR104 chip was between 27% and 58% faster than the NVIDIA A100.

With such results, the BR104 would certainly fall under the latest US tech export restrictions. No wonder TSMC quickly stopped making and supplying Biren BR100 series chips.

As powerful as the BR100 and BR104 GPGPU chips may be, they are now dead in the water as TSMC will not manufacture them anymore, and Biren Technology has no plausible alternatives for 7nm fabrication.

Read more : US Targets Chinese Military With New Chip Export Ban!

 

Biren BR100 AI Chips That TSMC Stopped Producing

The Biren BR100 and slower BR104 are General Purpose GPU (GPGPU) chips, which are targeted at artificial intelligence applications.

They are both fabricated on the TSMC 7nm process technology, and use chipset and 2.5D Chip-on-Wafer-on-Substrate (CoWoS) packaging technologies to achieve high yield, and high performance.

The Biren BR100 family of GPGPU chips supports up to eight independent virtual instances (SVI) – each physically isolated with their own hardware resources, for improved security.

Their chips are designed with a proprietary Blink high-speed GPU interconnect bus offering bandwidth of up to 448 GB/s, with the ability to connect up to 8 cards in a single node, using state-of-the-art PCI Express 5.0.

Biren Technology offers two BR100-based products – the Bili 100P OCP Accelerator Module (OAM), and the Bill 104P PCI Express accelerator card.

 

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Chinese Spies Caught Interfering With HUAWEI Case!

Two Chinese spies were caught interfering with US federal prosecution of Chinese telecommunications company, HUAWEI!

 

Chinese Spies Caught Interfering With HUAWEI Case!

On Monday, October 24, 2022, the US Justice Department announced charges against two Chinese citizens, who were accused of working to undermine federal prosecution of Chinese telecommunications company, HUAWEI.

The charging documents charged two People’s Republic of China (PRC) citizens of two counts of money laundering, and one count of obstructing an official proceeding, specifically interfering with the pending prosecution of HUAWEI by the Eastern District of New York (EDNY).

  • Gouchun He, who is also known as Dong He or Jacky He, and
  • Zheng Wang, who is also known as Zen Wang

The US Justice Department called them intelligence officers of the PRC conducting foreign intelligence operations targeting the United States, on behalf of the PRC government and for the benefit of Company-1 (HUAWEI).

Recommended : US Targets Chinese Military With New Chip Export Ban!

 

How These Chinese Spies Were Caught Interfering With HUAWEI Case!

The US Justice Department’s charging documents tell a really compelling story of how the two Chinese spies were foiled by the very asset they recruited.

When US Department of Justice apparently began their investigation of HUAWEI in 2017, Gouchun He and Zheng Wang recruited a US law enforcement official around February 2017. Unbeknownst to them, the official they recruited as their asset became a “double agent” for FBI supervision.

He and Wang began asking the official for sensitive information about the US government’s criminal case against HUAWEI, and received payment in return:

  • approximately $14,000 in cash
  • jewellery worth approximately $600
  • approximately $61,000 in Bitcoin

The official also received payments unrelated to this case (suggesting He and Wang asked for information on other cases) :

  • $2,000 via Western Union
  • $3,000 in cash delivered in person by He and Wang
  • $9,000 in cash and jewellery

Read more : HUAWEI CEO Ren Zhengfei Warns Of Tough Times!

After charges were announced against HUAWEI around January 2019, Gouchun He and Zheng Wang repeatedly asked their agent for secret information regarding the investigation and prosecution of HUAWEI:

September 2021 : The official was asked to provide information on meetings with the prosecution team at the US Attorney’s Office for EDNY on strategising for the jury trial.

October 2021 : In response to a request for documents, the official passed Gouchun He a document marked SECRET that purportedly claimed to discuss a potential plan to charge and arrest two HUAWEI principals residing in China.

The official was paid $41,000 in Bitcoin for that single page, and later paid another $20,000 in Bitcoin the same month.

December 2021 : Gouchun He told the official that HUAWEI “demanded to communicate with him/her directly”, but he allegedly “refused it” because “it’s too dangerous”.

The US official repeatedly indicated that he/she knew and expected the materials he/she passed would be shared with HUAWEI, and Gouchun He and Zheng Wang never denied that they would be sharing the documents or information with HUAWEI.

In fact, when the US official handed them the SECRET document, Gouchun He explained, “HUAWEI didn’t give me specifically feedback now yet [about the document], but they are obviously interested in it, and my boos and they need further information

Both Gouchun He and Zheng Wang then asked the US official for information on witnesses who were working with the US government to prosecute HUAWEI.

 

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Starlink Donation : What A Brilliant Way To Make $$$!

Elon Musk just stumbled on a great way for SpaceX to make more money – add a Starlink donation option!

 

Starlink Donation : Way Out For Elon Musk + Brilliant Way To Make $$$

Right after being forced to withdraw his demand for more Starlink funding, Elon Musk just found a fortuitous escape hatch for that PR debacle, and a new and brilliant way to make more money!

Chipper CEO Ham Serunjogi tweeted a day earlier that he would be happy to donate money to donate Starlink to schools and hospitals in Uganda.

Musk jumped on it and asked if anyone else would be interested to donate Starlink to places in need.

Are there others that want to donate Starlinks to places in need?

Without waiting for a poll or positive response from his legion of fans, the SpaceX CEO announced 6 minutes later that SpaceX will add a donate option for Starlink.

Ok, we will add a donate option to Starlink

It took Elon Musk only 6 minutes to realise the genius of the idea. A Starlink donation option would kill two birds with one stone.

Not only would it absolve him of the need to (partially) donate to Ukraine or Iran, or impoverished communities, SpaceX gets to financially benefit from those donations, AND reap the PR benefits on top of that!

That’s a pay nothing, and get all three FREE deal right there! What is there not to like?

Read more : Elon Musk Withdraws Demand For Starlink Funding!

 

Elon Musk + SpaceX Do Not Need A Starlink Donation Option!

Call me a cynic, but this is nothing more than a ploy to enrich SpaceX by squeezing the common people to donate Starlink.

Of course, we don’t yet know how the Starlink donation option will work – it was just a declaration of intent. But neither Elon Musk nor SpaceX actually need to add a Starlink donation option.

SpaceX received and continue to receive tens of millions of dollars in donations to provide Starlink to Ukraine, and we know that because their letter of demand leaked inconvenient details – some 85% of Starlink terminals were donated by third party entities like:

  • USAID – about $3 million on hardware and services
  • Poland : almost 9,000 Starlink terminals
  • US : almost 1,700 terminals

In other words – there are already institutions donating vast amounts of money to fund Starlink for such “places in need”. Elon Musk himself can fund a lot of CSR projects with his wealth of over $200 BILLION, even if he ends up buying Twitter.

Elon Musk didn’t become a multi-billionaire by donating his money; and despite signing the Giving Pledge in 2012, he has done very little of it.

What is clear though is that neither SpaceX nor Elon Musk need us common folks trying to make ends meet, to donate Starlink.

Read more : SpaceX Will No Longer Pay For Starlink In Ukraine!

 

Why Is Ham Serunjogi Even Asking For A Starlink Donation Option?

I don’t even understand why Ham Serunjogi is publicly asking Elon Musk if there’s a way to donate Starlink to schools and hospitals in Uganda.

As far as I can tell – SpaceX hasn’t even applied for regulatory approval for Starlink in Uganda. So donating to Uganda is a non-starter, the question moot. Pointless.

But if Ham Serunjogi or any other rich technopreneur wants to help connect “places in need” under Starlink coverage, they can simply order and pay for Starlink. As the Nike motto says – Just do it!

Unless the purpose is to get some nice PR without actually doing anything, or heavens forbid – to give Elon Musk a way to switch the topic away from SpaceX’s less than heroic donations to Ukraine.

Here I lay to rest my cynicism, in hopes that I’m wrong, and Ham Serunjogi and other rich people will do their bit to bring Internet connectivity to people who don’t yet have access.

 

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Elon Musk Withdraws Demand For Starlink Funding!

Elon Musk has officially withdrawn SpaceX’s demand for more Starlink funding in Ukraine!

 

Elon Musk Withdraws Demand For Starlink Funding!

Elon Musk was seen as a saviour to Ukrainians, after his company – SpaceX, shipped thousands of its satellite terminals to Ukraine, and activated its Starlink satellite Internet services.

But he came under fire after a SpaceX letter demanding more funding leaked, exposing how most of Starlink service in Ukraine was being funded by third party entities, including the US, UK and Polish governments.

The backlash resulted in an angry “The hell with it” retort by Musk, which could either mean he was going to continue subsidising a small part of Starlink services in Ukraine, or he was just being sarcastic.

That was finally clarified when he tweeted that SpaceX officially withdrew its request for (additional) funding.

SpaceX has already withdrawn its request for funding

He could barely hide his indignation at being “exposed” for only subsidising a small percentage of Starlink services in Ukraine, with his follow-up tweet to “clarify” that SpaceX was only getting paid for 42% of Starlink users in Ukraine.

To be precise, 25,300 terminals were sent to Ukraine, but, at present, only 10,630 are paying for service

While that sounds “bad”, the truth is – SpaceX was charging an ultra-premium $2,500 for its Starlink service in Ukraine, when most users only needed the much cheaper $500 connectivity, or the $60 consumer connectivity.

That’s like charging them for Gigabit broadband, when they only need 50 Mbps or 100 Mbps connectivity. The cost is the same, but the company gets to claim that they are being fleeced, when the truth is – they are looking to profiteer off a country desperately trying to fight off a Russian invasion.

Come on, Elon…

Read more : SpaceX Will No Longer Pay For Starlink In Ukraine!

 

Elon Musk / SpaceX Is Making Money Off Starlink In Ukraine!

As a capitalist and a corporation respectively, Elon Musk and SpaceX are entitled to profit off the Starlink satellite service. But it is also important to note that Ukraine has offered SpaceX a unique opportunity to showcase the advantages of the Starlink system.

The overwhelmingly positive media coverage of Starlink’s importance in the Ukraine War is something money can’t buy. So it is important that Elon Musk and SpaceX do not abuse their unique position, to focus on profit, profit, profit.

Not only do they stand to lose that positive news coverage, it could also open a bag of worms… like when the leaked letter exposed that SpaceX was not as charitable as everyone thought.

According to the leaked SpaceX letter, about 85% of the 20,000 Starlink terminals in Ukraine were paid or partially paid for by countries like the US, the UK and Poland. Those countries also paid for about 30% of the Internet connectivity, which costs $4,500 per month per unit.

That service cost was also brought into question since it was their top-tier pricing, when the majority of users in Ukraine only needed the much cheaper $500 per month connectivity, and consumer connectivity only cost $60 per month. It looked like SpaceX was profiteering off Ukraine’s desperation.

The SpaceX letter naturally rankled the Pentagon, with one senior defence official saying that SpaceX has “the gall to look like heroes” and present them with a bill for tens of millions of dollars, when Starlink service in Ukraine was already being sponsored in large part by outside sources.

Let’s hope that Elon Musk and SpaceX has learned their lesson on trying to profit off the Ukraine War…

Read more : Elon Musk Personally Blocked Starlink In Crimea!

 

Earlier : SpaceX Will No Longer Pay For Starlink In Ukraine!

According to an exclusive report by CNN, SpaceX’s director of government sales wrote a letter to the Pentagon, warning that it can no longer continue to fund the Starlink service.

SpaceX delivered about 20,000 Starlink satellite terminals to Ukraine so far, with CEO Elon Musk stating on Friday that the “operation has cost SpaceX $80M & will exceed $100M by end of year“.

We are not in a position to further donate terminals to Ukraine, or fund the existing terminals for an indefinite period of time.

In the letter that was sent in September, SpaceX asked the Pentagon to fund the Ukraine government’s use of Starlink, which would cost $124 million for the rest of the year, and could cost as much as $380 million for the next 12 months.

Here is a breakdown of Starlink costs in Ukraine, and who paid for what:

  • USAID – about $3 million on hardware and services
  • Poland : almost 9,000 Starlink terminals
  • US : almost 1,700 terminals

SpaceX priced the two Starlink satellite terminal models it sent to Ukraine at $1,500 and $2,500, even though the consumer model is cheaper at just $599.

SpaceX claims to have paid for about 70% of the service provided to those Starlink terminals, but that’s based on their claim to have offered the highest level of service at $4,500 per month, even though the majority only signed on for the cheaper $500 per month service. Starlink consumer service in Ukraine, in comparison, costs just $60 per month!

 

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Apple Freezes Use Of China’s YMTC NAND Chips!

Apple just froze its original plan to use China’s YMTC NAND flash memory chips in their iPhones!

 

Apple Freezes Use Of China’s YMTC NAND Chips!

On Monday, October 17, 2022, Nikkei Asia (paywall) reported that Apple just froze its original plan to use NAND flash memory chips from Yangtze Memory Technologies Corporation (YMTC)!

Apple had originally planned to start using NAND flash memory chips manufactured by YMTC in iPhones manufactured for the Chinese market, eventually purchasing up to 40% of its chip requirements from the Chinese state-funded company.

Those plans had to be put on hold after the US government announced stricter technology export controls designed to block China’s access to advanced semiconductor technologies.

The United States added YMTC – China’s top memory chipmaker – and 30 other Chinese companies to its “Unverified List” of companies that its official are unable to inspect to ensure compliance with its export controls.

The United States also initiated a new 60-day deadline for entities under the “Unverified List” to allow for complete end-to-end inspections, or risk even tougher penalties if added to the infamous “Entity List“.

YMTC is also being investigated by the US Commerce Department over allegations it violated earlier United States export controls by selling chips to HUAWEI, which was blacklisted under the Trump Administration.

Read more : US Targets Chinese Military With New Chip Export Ban!

 

Apple Decision Stymies Earlier Preparations By YMTC

Apple’s decision to freeze its purchase of YMTC flash memory chips stymies earlier preparations by the Wuhan-based memory chipmaker to mitigate looming US export controls.

According to four employees who spoke to Financial Times, YMTC had been stockpiling foreign equipment for months after US lawmakers started urging the Biden Administration to punish it for helping the Chinese military and violating trade restrictions by supply HUAWEI with chips.

YMTC has also come under scrutiny over concerns that massive Chinese government subsidies allow it to sells its chips below market price, even at a loss, just to gain market share at the expense of other companies.

We’ve been doing everything possible beforehand to support existing production lines, such as stockpiling all kinds of equipment.
– Senior YMTC engineer

Read more : Did China Make 7nm Chips In Spite Of US Sanctions?!

All that preparation was for naught, because Apple’s decision to freeze its massive purchase of YMTC flash memory chips is only the tip of the iceberg.

Other companies will similarly be forced to freeze or cancel their purchase of YMTC chips unless YMTC acquiesces to comply with audit requirements by US officials – a step the Chinese chipmaker is (politically) incapable of taking.

YMTC is, after all, China’s largest memory chipmaker, and a national champion in the country’s drive to build a domestic chip industry. It received 220 billion yuan (over $30.5 billion) in funding from both the Hubei province, and a national fund.

After the Biden Administration announced new chip export restrictions, the top three US chip toolmakers – KLA Corporation, Lam Research and Applied Materials immediately stopped sales and services to YMTC.

Despite its earlier stockpiling efforts, one YMTC employee revealed that the company only had enough wafers and parts for equipment repairs to last a year, but that’s assuming it won’t need technical support from foreign companies.

 

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