Archive for December, 2006
Bernama today clarified that Malaysia Prime Minister Datuk Seri Abdullah Ahmad Badawi has denied buying a RM30 million boat as reported by a newspaper in Turkey recently. “The report is inaccurate. It is a lie. I don’t know where it got such facts,” he told reporters here when asked to comment on a newspaper report […]
... written on Dec 20 2006Maxis Communications Bhd (KLSE : MAXIS, stock-code 5051) has made a bid for a controlling stake in India’s Hutchison Essar (http://www.hutch.co.in/), the fourth largest mobile operator, in an effort to further stamp its presence in the Indian market, according to press reports from India. Maxis’ bid is the second made by the Malaysian company after […]
... written on Dec 19 2006After being punished today, 19-Dec-2006, the Thai government is making a U-turn in lifting controls on foreign investment in stocks after the market plunged nearly 15 percent, sending panic throughout regional bourses of worries about a repeat of 1997 Asian Economic Crisis. Investors dumped stocks in Hong Kong, India, Indonesia, Malaysia, South Korea and the […]
... written on Dec 19 2006Since Yusli, CEO of Bursa Malaysia (KLSE : BURSA, stock-code 1818) confidently declared recently that Kuala Lumpur Stock Exchange bull was the result of foreign investors jumping in to buy the stocks causing it to hit the 9-years high, I suppose Yusli can say the same thing about today’s performance whereby KLCI (Composite Index) plunge […]
... written on Dec 19 2006As blogged earlier in FinanceTwitter, one after another palm oil plantation company starts to build its’ shield when the mega-merger of Kumpulan Guthrie Berhad (KLSE : GUTHRIE, stock-code 3131), Sime Darby Berhad (KLSE : SIME, stock-code 4197) and Golden Hope Plantations Berhad (KLSE : GHOPE, stock-code 1953) set the tone on the direction of plantation […]
... written on Dec 18 2006Thai Baht seems to be under attack again by currency speculators since the 1997 Asia Economic Crisis which started from the same place, same method and same culprit. But this time the problem is the rises of Baht. The Bank of Thailand announced fresh measures on Monday, 18-Dec-2006, to try to curb the baht’s rise […]
... written on Dec 18 2006One of the main problem with Malaysia stock market is the attitude of the authority, be it Security Commission or the Stock Exchange itself (better known as Bursa or KLSE) in creating more values to investors (retail of foreign) in terms of basic lifeblood in the form of “information”. Despite screaming to the world back […]
... written on Dec 18 2006What are the most important division / department that will drive and determine the success of a company? Don’t be surprise if mostly answered “Sales” department but in actual fact it’s the “Marketing” department. No doubt the salesman or woman are the people who bring in sales and revenue to the company but without the […]
... written on Dec 17 2006For decades (first proposed in 1960s), there have been discussions concerning the controversial building of the Bakun Dam in the Malaysian state of Sarawak which would be the largest dam in southeast Asia if built but will also be the most expensive totalling RM 15.0 billion. After being indefinitely postponed in 1990, it was resurrected […]
... written on Dec 16 2006The Nihon Keizai business daily reported Japan Tobacco Inc. (TYO : JTI, 2914) announced on Friday it would buy Britain’s Gallaher Group Plc (LON : GLH) for $14.7 billion in the biggest-ever foreign acquisition by a Japanese company. Japan Tobacco (50 percent owned by the Japanese government) agreed to pay 11.40 pounds per share for […]
... written on Dec 15 2006
