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When a Malaysian Chinese has a brilliant idea tomorrow, the nearest place he or she will go is, sadly, Singapore. That's because if the idea becomes a huge success and generates tens of millions of dollars in profit, the owners will be forced to give away 30% to Malaysian Malays or Bumiputra (son of
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Enzo Ferrari was not initially interested in the idea of producing road cars when he formed Scuderia Ferrari in 1929. The Scuderia Ferrari, however, was founded as an Alfa Romeo racing team. It would take another 10 years before Ferrari becoming independent in 1939. Hence, before Ferrari, the bran
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Today (August 17) marks the 100th day of New Malaysia - the administration of 93-year-old Mahathir Mohamad after the collapse of old Barisan Nasional government. Ever since Independence in 1957, then-Malaya and subsequently Malaysia (1963) has only known one federal government - the Alliance - which
Read Full Story
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OPEC reported on Monday that Saudi Arabia cut its oil production in July, a surprise move after Riyadh had pledged to ramp up output following the June meeting in Vienna. Additionally, President Donald Trump has been threatening all and sundry to stop buying Iranian oil, as part of U.S. sanctions
Read Full Story
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Nazri Aziz, one of 191 UMNO warlords, has been a good and obedient dog until now. Make no mistake about it. Unlike other poodles from Barisan Nasional component parties - MCA, MIC, Gerakan, etc - Nazri refused crumbs from his master, Prime Minister of Malaysia. Yes, Nazri was UMNO's most pampered do
Read Full Story
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When come to food, Malaysia is one of the countries where tourists should seriously consider. The country that produces the best fruit, durian, in the world - "Musang King" - is also the country that has a mind-boggling diversity of food. One of the reasons is due to Malaysia being a multi-racial,
Read Full Story
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Turkish currency is trading just below 7 Lira to the U.S. dollar. If that level is breached, all hell will break loose. On Friday, the currency plunged as much as 20%. It's still too early to tell if Lira has stabilised for good. As the Turkish havoc ripples through global financial markets, this co
Read Full Story
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Jho Low (fullname: Low Taek Jho) was madly furious after his favourite toy, the US$250 million (RM1 billion) Equanimity superyacht - was handed over to the new government of Malaysia by Indonesia without much challenge. The Penang-born fugitive had obviously underestimated the Malaysia-Indonesia clo
Read Full Story
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Najib Razak is game over. He is toast. It would take a miracle for the former Malaysia prime minister to walk away scot free. The strategy is to charge him with criminal breach of trust (CBT), money laundering and abuse of power - and repeat that process - over any irregularities found in relation t
Read Full Story
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Turkish President Recep Tayyip Erdogan has picked the wrong guy for a fight. While Saudi Arabia could bully Canada over a petty issue concerning human rights, Turkey has miscalculated when it thought Trump would not care about American Pastor Andrew Brunson who has been detained since 2016 in Turkey
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August 20th, 2018 by financetwitter
When a Malaysian Chinese has a brilliant idea tomorrow, the nearest place he or she will go is, sadly, Singapore. That's because if the idea becomes a huge success and generates tens of millions of dollars in profit, the owners will be forced to give away 30% to Malaysian Malays or Bumiputra (son of [...]
August 19th, 2018 by financetwitter
Enzo Ferrari was not initially interested in the idea of producing road cars when he formed Scuderia Ferrari in 1929. The Scuderia Ferrari, however, was founded as an Alfa Romeo racing team. It would take another 10 years before Ferrari becoming independent in 1939. Hence, before Ferrari, the bran [...]
August 17th, 2018 by financetwitter
Today (August 17) marks the 100th day of New Malaysia - the administration of 93-year-old Mahathir Mohamad after the collapse of old Barisan Nasional government. Ever since Independence in 1957, then-Malaya and subsequently Malaysia (1963) has only known one federal government - the Alliance - which [...]
August 16th, 2018 by financetwitter
OPEC reported on Monday that Saudi Arabia cut its oil production in July, a surprise move after Riyadh had pledged to ramp up output following the June meeting in Vienna. Additionally, President Donald Trump has been threatening all and sundry to stop buying Iranian oil, as part of U.S. sanctions [...]
August 16th, 2018 by financetwitter
Nazri Aziz, one of 191 UMNO warlords, has been a good and obedient dog until now. Make no mistake about it. Unlike other poodles from Barisan Nasional component parties - MCA, MIC, Gerakan, etc - Nazri refused crumbs from his master, Prime Minister of Malaysia. Yes, Nazri was UMNO's most pampered do [...]
August 15th, 2018 by financetwitter
When come to food, Malaysia is one of the countries where tourists should seriously consider. The country that produces the best fruit, durian, in the world - "Musang King" - is also the country that has a mind-boggling diversity of food. One of the reasons is due to Malaysia being a multi-racial, [...]
August 14th, 2018 by financetwitter
Turkish currency is trading just below 7 Lira to the U.S. dollar. If that level is breached, all hell will break loose. On Friday, the currency plunged as much as 20%. It's still too early to tell if Lira has stabilised for good. As the Turkish havoc ripples through global financial markets, this co [...]
August 13th, 2018 by financetwitter
Jho Low (fullname: Low Taek Jho) was madly furious after his favourite toy, the US$250 million (RM1 billion) Equanimity superyacht - was handed over to the new government of Malaysia by Indonesia without much challenge. The Penang-born fugitive had obviously underestimated the Malaysia-Indonesia clo [...]
August 12th, 2018 by financetwitter
Najib Razak is game over. He is toast. It would take a miracle for the former Malaysia prime minister to walk away scot free. The strategy is to charge him with criminal breach of trust (CBT), money laundering and abuse of power - and repeat that process - over any irregularities found in relation t [...]
August 11th, 2018 by financetwitter
Turkish President Recep Tayyip Erdogan has picked the wrong guy for a fight. While Saudi Arabia could bully Canada over a petty issue concerning human rights, Turkey has miscalculated when it thought Trump would not care about American Pastor Andrew Brunson who has been detained since 2016 in Turkey [...]
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