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  • MONEY THOUGHTS: We all need a cache of cash

    SYNONYMS are different words with the same meaning, such as “big” and “large”. Conversely, antonyms are word pairs with opposite meanings such as “gargantuan” and “minuscule”.

    Most people know about synonyms and antonyms. Far fewer individuals, though, have heard of a homonym. It is a word that might be spelt exactly like another word, or that just sounds like another word but with a different spelling, which has a different meaning.

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  • Northern Retro 70’s group revives 1970s style in Kepala Batas

    The sight of six friends strolling through Kampung Lahar Tiang in Kepala Batas, clad in full 1970s-inspired attire, evokes a strong sense of nostalgia.

    Dressed in long-collared shirts, bell-bottom trousers, and chunky platform shoes, they perfectly embody the bold and iconic fashion of the 1970s.

    The group, comprising Muhammad Nur Akbar Abd Rahim, 26; Muhd Faiz Mohd Noor, 30; Muhd Zaini Md Radzi, 31; Mohd Noor Hafiz Abdul Razak, 40; Mohd Mu’az Azmi, 41; and Abdul Halim Kasim, 58, proudly call themselves Northern Retro 70’s (NR70’s).

    Faiz said the group’s distinct retro appearance reflects his deep appreciation for the era, which inspired him to start collecting vintage items and wearing them regularly.

    A public servant by profession, he said his retro collection journey began over three years ago, sourced mainly from thrift shops and flea markets.

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  • Perodua expands digital ecosystem with ‘P-Circle’ superapp, MaaS integration

    Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is accelerating its digital transformation with the rollout of its all-in-one P-Circle super app.

    The superapp incorporates Mobility as a Service (MaaS) to align with evolving consumer preferences in the connected mobility space.

    “The P-Circle offers mobility as a lifestyle, as all these offerings cover a significant portion of our online services engagement under one super app,” said Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad at the launch today.

    Positioned as a platform that goes beyond traditional automotive functions, P-Circle consolidates various services under a single digital ecosystem.

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  • Covid changes sperm in mice

    COVID-19 infection causes changes to sperm in mice that may increase anxiety in their offspring, according to a recently released study, suggesting the pandemic’s possibly long-lasting effects on future generations.

    Researchers at the Florey Institute of Neuroscience and Mental Health in Melbourne, Australia, infected male mice with the virus that causes Covid, mated them with females and assessed the impacts on the health of their offspring.

    “We found that the resulting offspring showed more anxious behaviours compared to offspring from uninfected fathers,” the study’s first author Elizabeth Kleeman said.

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  • Perodua backs ‘cash for clunkers’ scheme, unveils P-Circle superapp

    Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is working closely with the government to finalise the proposed ‘cash for clunkers’ scheme to scrap old cars above 20 years old.

    Perodua managing director Datuk Seri Zainal Abidin Ahmad expects to announce a firm plan for the RM4,000 cash assistance programme to replace ageing vehicles by the middle of next year.

    Perodua, the country’s number one car company by sales, deemed it a commendable initiative that aligns with its safety and sustainability goals.

    “We fully support the RM4,000 monthly cash assistance initiative. It’s a very commendable initiative by the government,” Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad said today.

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  • ‘Coworking’ grows amid search for new office lifestyle

    When Lance Macon started his real estate consulting firm, he did not want a traditional office. But he wasn’t going to work out of his home or a coffee shop either.

    Macon instead signed on with the “coworking” space Cove, where he gets an available desk and conference room, along with coffee, Wi-Fi, copier access, soft drinks and a professional work environment.

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  • Making one lifestyle change at a time?

    We’re now closing in on the end of March, which means for many, three months in to any New Year’s resolutions. However if you decided to take them on one by one, and only now feel ready to embark on your next New Year life change, you’ve sold yourself short according to researchers at UC Santa Barbara.

    In their study, published this week in Frontiers in Human Neuroscience, the University’s researchers suggest that when it comes to making positive changes in our lives, we don’t take on enough changes at once.

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  • More grads bankrupt due to lavish lifestyles

    Leading an extravagant lifestyle is one of the root causes of bankruptcy among fresh graduates today, says Credit Counselling and Debt Management Agency CEO Azaddin Ngah Tasir.

    According to The Star Online, Azaddin said there were graduates who thought nothing of swiping their credit cards in order to acquire the latest gadgets, cars, fashion or embark on holidays.

    “Having just graduated and found a job, the generation aged below 30 embarks on a lavish lifestyle to keep up with peers.

    “Such a journey without proper financial management only leads to massive debt and eventual bankruptcy,” he said at Universiti Sultan Zainal Abidin here yesterday.

    Established in 2006, the agency assists individuals to take control of their financial situation and promote the wise use of credit.

    As of April 30 this year, 15 per cent of the 429,588 clients seeking advice from the agency were individuals aged between 20 and 30, Azaddin said.

    He added that 75 per cent of these individuals made below RM4,000 every month, while about 52 per cent had no clue about how to manage their own finances.

    “However, only 150,706 people attended the credit management programme.

    “Of these, about 80 per cent repaid their debts after it was restructured by the agency,” he said, adding that the others failed due to a “lack of discipline and resolve.”

    Credit card debts consist about 70 per cent of the cases, followed by personal loans at 15 per cent and car and housing loans at 6 per cent, he said.

    Azaddin also said that as of the end of April, the agency had successfully “rescued” 10,197 of its clients from bankruptcy, paying off debts totaling up to RM416.7 million.

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  • Brazil football star Neymar defends his party boy lifestyle

    Brazilian football star Neymar is a party boy and he’s not going to apologize for it.

    At a sometimes tense press conference on Tuesday at the facility where Brazil’s Olympic football team is training for the Rio Games, the Barcelona striker told reporters he would not change his ways.

    “I’m 24 years old. (…) I have my faults, I’m not perfect. I like to go out and have fun with my friends. Why shouldn’t I go out and party? I don’t see why not,” Neymar said at the training camp in Teresopolis, outside Rio.

    Growing increasingly irritated, the Barcelona star went on: “I really don’t see the problem. It’s my private life. On the pitch, I always give everything I have.”

    One of the journalists had asked Neymar how invested he was in the national team, given a recent spate of suspensions and the fact that he went out clubbing after a 2-2 draw with Uruguay in the 2018 World Cup qualifying rounds — a match that saw him earn a yellow card.

    Directly addressing the journalist, he said: “If you were 24… wouldn’t you be the same way? I’m asking you.”

    Last week, Brazil’s Olympic coach Rogerio Micale surprised some when he said: “I want to be dependent on Neymar.”

    The next day, national coach Tite — who will take over the Selecao after the Olympics — warned against putting too much pressure on Neymar, saying it was “inhuman to put all the responsibility on one person.”

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  • Fresh grads in debt due to high-maintenance lifestyles

    The high-maintenance lifestyles of fresh graduates has led to many finding themselves in financial debt even as young adults new to the job market, says the Credit Counselling and Debt Management Agency (AKPK).

    Speaking at a press conference, the agency’s CEO Azaddin Ngah Tasir told reporters that this group often thought nothing of swiping their credit cards to support their lifestyles, which unfortunately led them down a “trail of debt.”

    He said it was “not right” to borrow money – which was essentially what fresh grads ended up doing every time they used their credit cards to finance their luxury lifestyles.

    “The loan interest is often very high. That’s why fresh grads can’t make ends meet when they start using credit or personal loans to finance their lifestyles.”

    He said that debts accumulated by young adults often started with education loans, and were quickly followed by car loans when they start working and credit cards loans soon after.

    “Some things are beyond our control. But what is within our control is our daily expenses.

    “When you do not use credit cards wisely and instead use it to finance your lifestyle, it is going to become an issue.”

    In a bid to tackle this alarming issue among young adults today, the AKPK launched a series of financial education videos for social media aimed at spreading awareness about the importance of prudent financial management.

    Azaddin said social media was the agency’s platform of choice as statistics showed the average Malaysian above 18 years of age spent 20 minutes every day online watching videos.

    “We are targeting this group to make sure they get the right information on spending wisely.

    “Because with the income graduates earn, they cannot afford any missteps as it will lead to financial distress.”

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