Ronnie's Blog

  The much awaited launch of Xiaomi SU7 announced last December 2023, is finally unveiled on 28 March 2024. More than 50,000 booking were done within 30 minutes of release. Prices are as follows:- SU7 : RMB215,900 SU7 Pro : RMB245,900 SU7 Max : RMB299,900 SU7 Fan Edition : RMB339,000 With a starting price of 215,900 yuan (nearly $30,000), Xiaomi positions the SU7 as a strong competitor in the electric car market. In a keynote speech, Xiaomi CEO Lei Jun confidently claimed the base model of the SU7 outperforms Tesla's Model 3 in 90 percent of the performance parameters. Battery life and smart technology were central themes in Lei's presentation. He promised a minimum range of 700 kilometers for the SU7 and touted it as "the best driving experience under 500,000 yuan." All SU7 models, the Basic, Pro and Max, boast fast-charging capabilities, offering 138 km of range in just five minutes and 350 km in 15 minutes. The SU7 seamlessly integrates with Xiaomi's existing e...

The tech giant DELL makes a turnaround from its decade-old pro-hybrid working culture by telling employees to return to the office with a strict mandate, warning those who choose to remain fully remote that they will not be considered for promotion nor be able to change roles, including applying to new roles in the company. Those who take the hybrid option have to come in three days a week to an “approved” office. This has led to disgruntled staff who complained about the matter behind closed doors, with a common theme being that Dell’s stated reason for in-person connections will not work for most teams due to the geographical distances between team members.

The price of the flagship cryptocurrency Bitcoin has recently moved to a new all-time high near $72,000 after surging more than 70% year-to-date, in a rise that helped its total market capitalization surpass that of silver. According to data from CompaniesMarketCap, first spotted by Casa CTO and co-founder Jameson Lopp, at the time Bitcoin surpass silver its total market capitalization was $.1389 trillion, surpassing silver’s $1.382 trillion. Bitcoin’s market capitalization has since grown to now stand at $1.413 trillion. At the time of writing, Bitcoin is around $250 billion away form surpassing the total market capitalization of tech giant Alphabet, the company behind the world’s largest search engine Google, as well as the world’s largest video-sharing platform YouTube. The cryptocurrency’s total market capitalization is still far behind that of the world’s largest company by the metric, Microsoft, which currently has a total market capitalization of $3.018 trillion, and far behind ...

The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange traded funds (ETFs), including those from largen money-manager such as BlackRock, Fidelity and Invesco. according to a statement on Wednesday (10-Jan). Full list of approved ETFs  Grayscale Bitcoin Trust Bitwise Bitcoin ETF Hashdex Bitcoin ETF iShares Bitcoin Trust Valkyrie Bitcoin Fund ARK 21Shares Bitcoin ETF Invesco Galaxy Bitcoin ETF VanEck Bitcoin Trust WisdomTree Bitcoin Fund Fidelity Wise Origin Bitcoin Fund Franklin Bitcoin ETF The approval would be a game-changer for bitcoin, offering institutional and retail investors exposure to the world's largest cryptocurrency without directly holding it, and a major boost for a crypto industry beset by a string of scandals. The official SEC statement at  https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023 About BlackRock BlackRock, founded in 1988 by Laurence D. Fink, has emerged as a global powerhouse in the financial in...

Apple has announced that the Vision Pro headset, which was unveiled in June at WWDC, will be available to preorder on Friday, January 19 before hitting stores on Friday, February 2. The headset costs $3,499 and will be available exclusively in the U.S. through Apple’s online and retail stores. The announcement likely means Apple won’t hold an event to officially launch the device. The press release contains several pieces of new information that answer many of the questions we had about the device: The ZEISS Optical Inserts will cost $99 for “readers” and $149 for prescription lenses. Vision Pro will come with two head straps, a Solo Knit Band that attaches around the back of the user’s head and an optional Dual Loop Band that goes around the head. VisonOS supports more than 250 titles on Apple Arcade, movies and TV shows from Apple TV+, Disney+, Max, and other services, new interactive experiences like Encounter Dinosaurs, and “key productivity and collaboration apps” including Fantas...

Meanwhile, an intriguing occurrence unfolded when an unidentified individual transferred more than $1 million worth of BTC into Satoshi Nakamoto’s wallet. The individual acquired the assets from Binance and transferred them into Nakamoto’s wallet, sparking curiosity and speculation within the crypto community. This transaction led to varied conjectures, ranging from the potential resurgence of Nakamoto to an unconventional marketing strategy related to the imminent Bitcoin ETF. “Either Satoshi woke up, bought 27 bitcoin from Binance, and deposited into their wallet, or someone just burned a million dollars,” Conor Grogan, a director at Coinbase, said. Background of Bitcoin Bitcoin, the pioneer of cryptocurrency, has emerged as a revolutionary force in the world of finance and technology. Its origins can be traced back to a mysterious figure known as Satoshi Nakamoto, who introduced the concept of a decentralized digital currency in 2008. Since then, Bitcoin has experienced a remarkable...

Inspired by the red paperclip success (by Kyle MacDonald in 2005), individuals worldwide began experimenting with their own unique trades, aiming to achieve a remarkable exchange. The journey typically begins with an individual offering an item they possess, often of little monetary value, in exchange for something slightly more valuable. The goal is to continue trading up until the desired end result is achieved — RM10,000 value is reached by 31 December 2024. This seemingly simple objective sets the stage for a cascade of creative and unexpected exchanges. As with any unconventional trade, the success lies in the ability to find willing participants and negotiate mutually beneficial exchanges. Participants often tap into their networking skills, social media, and local communities to connect with potential trading partners. The items exchanged can range from everyday objects to unique and niche possessions, each trade adding a layer of intrigue to the unfolding story. The beauty of m...

Way Modern Chinois recently relocated to their new outlet in 1 Utama Shopping Center on 28 December 2023. Formerly, they were at Damansara Heights. The new outlet is located at Lot 343A Oval, nearer towards the Rainforest Zone. I was attracted to their opening promo which is their Half Truffle Roast Duck for RM8.80++ but the promo finished when I arrived 😖 Molecular Skinless XLB (Xiao Loong Bao) - RM6.00++ My review of their specialty Xiao Loong Bao is very unique without the typical skin i.e. skinless. The soup and meat contain the ginger & vinegar inside. For me, I would rate it as 3/5. Wagyu Porcupine Bun - RM13.00++ per piece This particular dish is so cute that I need to order. It contains black pepper infused Wagyu beef inside. I feel that the black pepper flavor is very overpowering. For me, I would rate it as 3/5. Fried Rice with Crabmeat & Hokkaido Scallops - RM42.00++ This fried rice lacks wok hey definitely. It has very oily texture for fried rice. The protein po...

To those who invested in Private Retirement Scheme (PRS) in Malaysia, it is super important to submit (by hand) your Nomination Form to Private Pension Administrator Malaysia (PPA). You may invest in PRS via Versa PRS (using their app) for zero-paper application and deposits. Unfortunately, there is no online platform service for submitting the Nomination Form. All PRS Members are required to meet their respective PRS consultant/ PRS Provider/Bank/PPA in person to submit all relevant documents when making a nomination. The Nomination Form shall be submitted together with a copy of members Identification Card (MyKad/Police Identification Card/Military Identification Card/ Permanent Resident Identification Card (MyPR) as the supporting document. Else , you may walk in to PPA office as below:- Private Pension Administrator Malaysia (PPA) Level 13A, Bangunan Tierra Crest,No. 3A, Jalan SS 6/3, Kelana Jaya, 47301 Petaling Jaya, Selangor, Malaysia. Note: Submission of application for Nominat...

  Beginning of 4-Feb-2024, the new zodiac sign of the Wood Dragon enters into the Period 9. The new Chinese New Year 2024 sets were revealed in the annual China International Import Expo back in November 2023. The long-running Chinese Traditional Festival sets have long been a staple celebrating Chinese New Year, and for 2024, we have an incredible Auspicious Dragon model, the perfect display to usher in the Year of the Dragon. I've my eyes set on the Lego 80112 - Auspicious Dragon as my MUST BUY Lego for the year. This set have 1,171 Lego pieces, with NO Stickers (yippee !!!) Estimated Suggested Retail Price: RM379.00 [01-01-2024 Update] I arrived early at Lego Store 1 Utama to be their first customer to buy the Lego 80112 with the Free gift of Lego 40611 (Year of the Dragon)

OSAKA (Kyodo) -- Daihatsu Motor, the small-car unit of Toyota Motor, said Monday it will keep its domestic production suspended until at least the end of January after having halted all domestic shipments due to a safety testing scandal. Daihatsu, which has been inspected by Japan's transport ministry, said it does not know when it can resume shipments or production. The company plans to stop production at all of its factories in Japan by Tuesday. Source:-Nikkei Asia

7 days before Christmas 2023, IBM has agreed to purchase webMethods and Streamsets from Software AG for €2.13 billion (USD2.3 billion). Silver Lake become new owner of Software AG in September 2023. On 27 December 2023, more news came out Software AG that is looking for interested parties for its Trend Miner and Cumulocity platforms, according to Handelsblatt ( a German-language business newspaper published in Düsseldorf ). What will be left of Software AG after 2024? David Mooter wrote about his prediction for Software AG at https://www.forrester.com/blogs/software-ag-webmethods-the-farewell-sale/

The latest Electrical Vehicles from Xiaomi will rival the Porsche Taycan Turbo. It's powered by Xiaomi's own HyperOS. This is not a concept EV, but a real production EV by Xiaomi. It's like Xiaomi SU7 = Tesla + Porsche 😂 The SU7 Max with dual motors pushes 664hp and 838Nm of torque. It can get from 0-100km/h in just 2.78 seconds, up to a top speed of 265km/h.  Using an 800V battery architecture, the Xiaomi SU7 can be fast charged with up to 220km range in just 5 minutes or up to 510km range in 15 minutes.  The slippery design delivers an impressively low drag coefficient of just 0.195cd. The 101kWh battery boasts up to 800km of CLTC-rated range on a single charge.

KUALA LUMPUR (Dec 27): TSA Group Bhd is pricing its shares at 55 sen apiece, seeking to raise some RM42.53 million through an initial public offering (IPO) on Bursa Malaysia’s ACE Market. At 55 sen per share, the industrial hardware products and stainless steel pipes and metal products manufacturer is expected to have a market capitalisation of RM170.12 million after listing, valuing the company at about 4.23 times its price-earnings multiple — based on a net profit of RM39.85 million for the financial year ended Dec 31, 2022 (FY2022). At the prospectus launch on Wednesday, the group said RM42.53 million of the proceeds will be raised from the issuance of 77.33 million new shares, representing 25% of its expanded share capital of 309.3 million shares. Prospectus:  Announcement details (bursamalaysia.com) Source: The Edge

In recent years, Malaysia has witnessed a significant shift towards sustainable and eco-friendly transportation, with electric vehicles (EVs) emerging as a key player in this transformation. As the country strives to reduce its carbon footprint and embrace cleaner energy solutions, the adoption of electric vehicles is gaining momentum. This article explores the current state of electric vehicles in Malaysia, the challenges and opportunities, and the initiatives driving this electrifying revolution. Current Landscape: The electric vehicle market in Malaysia is steadily growing, fueled by advancements in technology, increasing environmental awareness, and government incentives. As of 2022, several automakers have introduced electric models to cater to the rising demand for cleaner and more energy-efficient transportation. The Malaysian government has been proactive in promoting electric vehicles through various initiatives. Incentives such as tax exemptions, reduced import duties, and re...

  Malaysia, known for its vibrant culture and robust economy, offers a range of tax relief measures to alleviate the financial burden on its citizens. These measures are designed to encourage savings, support education, and foster a more inclusive economic environment. Understanding the various tax relief options available is crucial for individuals and businesses alike to optimize their financial well-being. Personal Tax Relief: Malaysian taxpayers can benefit from a variety of personal tax reliefs to reduce their taxable income. Some notable categories include: a. Individual Relief:  This encompasses basic necessities such as children's education fees, purchase of books, and medical expenses for parents. Taxpayers can claim relief for themselves, their spouses, and children. My personal favorite: SSPN Prime and Private Retirement Schemes (PRS) SSPN Prime  offers up to RM8,000 in tax relief per individual (until 2024*) PRS  offers up to RM3,000 in tax relief per in...

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  The 1.28” touch colour display is protected by Corning Gorilla Glass 3, and the watch itself is made out of polycarbonate (plastic). It’s worth noting that the display is not an AMOLED display. That comes up to a staggering 90 days of estimated usage in basic watch mode, 14 days in daily use mode, and 23 hours with continuous GPS tracking.  The Amazfit Ares has only been launched in China, with retail pricing set at CNY499 (~RM305).  - SoyaCincau 

DISIQI Miracle Beauty Mist contains small molecule water infused with negative ion, which easily penetrate to cellular level and absorb by living cells. Similar compositions as human body water. 100% pure, safe and gentle food-grade skin care product. Features Micro-nutrients can penetrate cells together with negative ions Clearing away impurities, improving firmness and elasticity Anti-bacterial and anti-inflammatory, supporting repairs and rejuvenation Reducing wrinkles and pigmentation through anti-oxidants Oil moisture balance of skin, retaining hydration for hours Key Benefits Tightens the skin Anti dullness Anti Acne Expels Toxin Spot Fading Replace Eye Cream + Hand Cream + Body Lotion + Toner + Serum + Day & Night Moisturiser DISIQI Ingredients Ionized Kangen Water Glycerol Hyaluronic Acid Propylene Glycol PVM/MA CoPolymer Glyceryl Polymethacrylate READY STOCK !!! Each bottle is only RM238.00 BETTER DEAL: Buy two(2) bottles for only...

Datuk Seri Najib Razak’s stepson Riza Shahriz Abdul Aziz was today released from five counts of money-laundering over US$248 million allegedly misappropriated from 1Malaysia Development Berhad (1MDB) after he agreed to pay several million ringgit to the Malaysian government, a report has said. News portal Free Malaysia Today said Sessions Court judge Azman Ahmad today granted a discharge not amounting to an acquittal (DNAA) to Riza after an application was made by the prosecution for the order to be made. Ad-hoc prosecutor Datuk Seri Gopal Sri Ram, who was leading the prosecution, was reported to have read out from a written statement when asking for the DNAA. -Malay Mail